UNP
Union Pacific
PE ratio, current and historical analysis
- Stocks
- Industrials
- NYSE: UNP
- PE Ratio
As of Jun 3, 2026, the Union Pacific stock's PE ratio is 21.56. This results from the current EPS of $12.16 and stock price of $262.13. The P/E ratio has an increase of 9% from the past four quarters average of 19.8.
UNP PE ratio history
The PE ratio of Union Pacific has averaged 19.83 over the last ten years. The current PE ratio of 21.56 is 9% above the historical average. Over the past ten years, UNP's PE ratio was at its highest in the Mar 2021 quarter at 28.4, when the stock price was $220.41 and the EPS was $7.76. The lowest value was in the Mar 2018 quarter, when it reached 9.75 with a price of $134.43 and an EPS of $13.79.
Union Pacific PE ratio by year
Maximum annual increase: 74.07% in 2018
Maximum annual decrease: -50.96% in 2017
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 19.28 | -6.13% | $231.32 | $12 |
| 2024 | 20.54 | -12.45% | $228.04 | $11.1 |
| 2023 | 23.46 | 27.36% | $245.62 | $10.47 |
| 2022 | 18.42 | -27.02% | $207.07 | $11.24 |
| 2021 | 25.24 | -4.25% | $251.93 | $9.98 |
| 2020 | 26.36 | 22.6% | $208.22 | $7.9 |
| 2019 | 21.5 | 23.63% | $180.79 | $8.41 |
| 2018 | 17.39 | 74.07% | $138.23 | $7.95 |
| 2017 | 9.99 | -50.96% | $134.1 | $13.42 |
| 2016 | 20.37 | 43.55% | $103.68 | $5.09 |
| 2015 | 14.19 | -31.28% | $78.2 | $5.51 |
| 2014 | 20.65 | 16.53% | $119.13 | $5.77 |
| 2013 | 17.72 | 17.58% | $84 | $4.74 |
| 2012 | 15.07 | -3.58% | $62.86 | $4.17 |
| 2011 | 15.63 | -5.9% | $52.97 | $3.39 |
Union Pacific PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 19.95 | 3.48% | $242.62 | $12.16 |
| Dec 2025 | 19.28 | -3.74% | $231.32 | $12 |
| Sep 2025 | 20.03 | 0.4% | $236.37 | $11.8 |
| Jun 2025 | 19.95 | -6.07% | $230.08 | $11.53 |
| Mar 2025 | 21.24 | 3.41% | $236.24 | $11.12 |
| Dec 2024 | 20.54 | -9.16% | $228.04 | $11.1 |
| Sep 2024 | 22.61 | 6.5% | $246.48 | $10.9 |
| Jun 2024 | 21.23 | -9.43% | $226.26 | $10.66 |
| Mar 2024 | 23.44 | -0.09% | $245.93 | $10.49 |
| Dec 2023 | 23.46 | 20.31% | $245.62 | $10.47 |
| Sep 2023 | 19.5 | 4.61% | $203.63 | $10.44 |
| Jun 2023 | 18.64 | 4.95% | $204.62 | $10.98 |
| Mar 2023 | 17.76 | -3.58% | $201.26 | $11.33 |
| Dec 2022 | 18.42 | 6.11% | $207.07 | $11.24 |
| Sep 2022 | 17.36 | -12.5% | $194.82 | $11.22 |
UNP Price vs fair value
UNP average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
The current PE ratio of UNP is greater than its 3, 5 and 10-year historical averages.
PE comparison
Union Pacific's P/E of 21.56 is below the Industrials sector and the industry average. Compared to its Industrials sector average of 29.99, Union Pacific's P/E is 28% lower.
UNP PE vs peers
Compared to its peer stocks CSX and NSC, UNP's PE ratio stands lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| UNP Union Pacific Corp | 21.7 | $156.65B |
| NSC Norfolk Southern Corp | 25.89 | $69.02B |
| CSX Csx Corp | 28.54 | $85.9B |
Frequently asked questions
What is Union Pacific's PE ratio?
UNP's price to earnings ratio is 21.56 as of Jun 3, 2026.
What is the 3-year average PE ratio for Union Pacific (UNP)?
The average PE ratio for UNP stock over the past 3 years is 20.82.
What is the 5-year average PE ratio for Union Pacific (UNP)?
The average PE ratio for UNP stock over the past 5 years is 21.01.
What is the highest PE ratio for UNP?
Over the last ten years, the quarterly PE ratio reached a historic high of 28.4 in the Mar 2021 quarter.
How does the current PE ratio for UNP compare to its historical average?
UNP's price to earnings ratio is currently 9% above its 10-year historical average.
How is UNP's PE ratio calculated (Union Pacific PE ratio formula)?
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jun 3, 2026), Union Pacific's stock price is $262.13. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $12.16. Therefore, Union Pacific's P/E ratio for today is 21.56. PE RATIO(21.56) = STOCK PRICE($262.13) / TTM EPS($12.16)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.