CNI

Canadian National Railway
D

CNI

Arincen67/100B
127.570
USD
0.81
(0.64%)
Pre Open
Fair value112.72Plus+13%93Price 127.57142
Q4 FY2026 · Earnings report
EPS estimate 1.56Revenue estimate 3.49B
OverviewFinancialsForecastEarningsDividendsCompany

Canadian National Railway P/E ratio

Canadian National Railway's P/E ratio is 22.92: its share price of 127.57 over its earnings per share of 5.57 over the last twelve months.

Today
22.92
Forward P/E, next 12 months
20.19
PEG ratio
2.66
Median, 5 years
20.25
Low, 5 years
16.64
High, 5 years
25.43

P/E ratio = price ÷ EPS (last 12 months) = 127.57 ÷ 5.57 = 22.92

Each day's closing price over the earnings per share of the last four quarters reported by that day (basic EPS, adjusted for splits). The P/E moves with the price every day and with the earnings at each report.

The forward P/E divides the price by the analysts' average EPS estimate for the next twelve months: the fiscal year in progress for the months left in it, the next one for the rest. For past days it uses each year's latest estimate, as the estimates of the time were not recorded (we keep a daily copy from November 2026), so the past line reads the price against the earnings expected by the time each year was reported.

Is Canadian National Railway's P/E high compared with its own history?

Canadian National Railway's P/E of 22.9 is near the top of its 5-year range (16.6 to 25.4, median 20.3). Analysts expect faster growth than in recent years, which can explain part of the high P/E.

Is the price fair? See the whole check

A P/E is compared with the stock's own last five years, not with other companies. Why the market pays more or less (news, rates, the sector) is not in these figures.

P/E ratio by year and by quarter

Fiscal yearPeriod endingP/E ratioForward P/EMarket capNet income
FY2027 · Estimate31 Dec 202719.95———
FY2026 · Estimate31 Dec 202621.87———
Today22.9220.19109.01B4.82B
FY202531 Dec 202517.9216.3284.51B4.72B
FY202431 Dec 202420.7919.4592.48B4.45B
FY202331 Dec 202319.4523.12109.39B5.63B
FY202231 Dec 202221.6422.21110.74B5.12B
FY202131 Dec 202122.5120.95110.27B4.90B
FY202031 Dec 202028.1823.5899.91B3.55B
FY201931 Dec 201920.0222.2384.40B4.22B
FY201831 Dec 201817.2316.8174.56B4.33B
FY201731 Dec 201714.3319.0278.60B5.48B
FY201631 Dec 201619.3817.7870.56B3.64B
FY201531 Dec 201517.5816.7362.21B3.54B
FY201431 Dec 201420.79—65.83B3.17B
FY201331 Dec 201319.63—51.26B2.61B
FY201231 Dec 20127.27—19.48B2.68B
FY201131 Dec 20117.26—17.83B2.46B
FY201031 Dec 20107.25—15.26B2.10B
FY200931 Dec 200914.39—26.69B1.85B
FY200831 Dec 20088.34—15.81B1.90B
FY200731 Dec 20075.40—11.66B2.16B
FY200631 Dec 200612.62—26.34B2.09B
FY200531 Dec 200516.49—25.65B1.56B
FY200431 Dec 200416.71—21.02B1.26B
FY200331 Dec 200315.40—15.62B1.01B
FY200231 Dec 200216.10—12.88B800.00M
FY200131 Dec 200114.20—14.77B1.04B
FY200031 Dec 20009.25—8.67B937.00M
FY199931 Dec 199910.11—7.57B748.31M
FY199831 Dec 199832.73—7.29B222.71M
FY199731 Dec 199713.52—6.35B469.49M
FY199631 Dec 199635.43—4.39B124.00M
FY199531 Dec 1995——4.46B-1.09B

Figures in CAD. A quarter's revenue, net income and dividends are those of its last four quarters. A forecast year's P/E is today's price over the analysts' EPS estimate for that year.

See also:Market cap,P/S ratio,Dividend yield,ROE (return on equity),Debt to equity,Current ratio,All ratios

Common questions about Canadian National Railway's P/E ratio

Source: Financial Modeling PrepVerified against SEC filings