P/E ratio for Norfolk Southern (NSC)
P/E ratio as of November 2023 (TTM): 23.2
According to Norfolk Southern's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.153. At the end of 2022 the company had a P/E ratio of 17.6.
P/E ratio history for Norfolk Southern from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.6 | -27.77% |
| 2021 | 24.4 | -18.81% |
| 2020 | 30.1 | 60.29% |
| 2019 | 18.8 | 20.84% |
| 2018 | 15.5 | 102.29% |
| 2017 | 7.67 | -59.8% |
| 2016 | 19.1 | 16.25% |
| 2015 | 16.4 | -3.5% |
| 2014 | 17.0 | 12.03% |
| 2013 | 15.2 | 33.41% |
| 2012 | 11.4 | -13.56% |
| 2011 | 13.2 | -14.64% |
| 2010 | 15.4 | -17.85% |
| 2009 | 18.8 | 82.89% |
| 2008 | 10.3 | -23.83% |
| 2007 | 13.5 | -2.38% |
| 2006 | 13.8 | -2.61% |
| 2005 | 14.2 | -8.27% |
| 2004 | 15.5 | -10.41% |
| 2003 | 17.3 | 1.9% |
| 2002 | 16.9 | -10.35% |
| 2001 | 18.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Union Pacific Corporation UNP | 21.2 | -8.39% | 🇺🇸 USA |
 CSX Corporation CSX | 17.0 | -26.48% | 🇺🇸 USA |
 Kansas City Southern
KSU | N/A | N/A | 🇺🇸 USA |
 Canadian National Railway CNI | 20.6 | -11.00% | 🇨🇦 Canada |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.