The current PE ratio for Norfolk Southern stock as of May 15, 2024 is 37.14. This is calculated based on the current EPS of $6.23 and the stock price of $231.36 per share. The P/E ratio has an increase of 32% from the past four quarters average of 28.1.
The average historical PE ratio of Norfolk Southern for the last ten years is 18.93. The current PE ratio of 37.14 is 96% above the historical average. Over the past ten years, NSC's PE ratio was at its highest in the Mar 2024 quarter at 40.91, when the stock price was $254.87 and the EPS was $6.23. The lowest value was in the Mar 2018 quarter, when it reached 7.06 with a price of $135.78 and an EPS of $19.22.
Maximum annual increase: 102.2% in 2018
Maximum annual decrease: -59.56% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 29.4 | 66.1% |
| 2022 | 17.7 | -27.7% |
| 2021 | 24.48 | -18.81% |
| 2020 | 30.15 | 60.29% |
| 2019 | 18.81 | 20.5% |
| 2018 | 15.61 | 102.2% |
| 2017 | 7.72 | -59.56% |
| 2016 | 19.09 | 15.77% |
| 2015 | 16.49 | -3.11% |
| 2014 | 17.02 | 11.83% |
Currently, NSC's PE ratio is above the 3, 5 and 10-year historical averages.
NSC's PE ratio is higher than its peer stocks UNP and CSX.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CSX Csx Corp | 18.59 | $66.15B |
| UNP Union Pacific Corp | 23.5 | $150.42B |
| NSC Norfolk Southern Corp | 37.14 | $52.27B |
NSC's price to earnings ratio is 37.14 as of May 15, 2024.
The average PE ratio for NSC stock over the past 3 years is 22.67.
The average PE ratio for NSC stock over the past 5 years is 22.61.
In the last ten years, the Mar 2024 quarter recorded the highest quarterly PE ratio at 40.91.
The current price to earnings ratio of NSC is 96% higher than the 10-year historical average.
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (May 15, 2024), Norfolk Southern's stock price is $231.36. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $6.23. Therefore, Norfolk Southern's P/E ratio for today is 37.14. PE RATIO(37.14) = STOCK PRICE($231.36) / TTM EPS($6.23)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.