Stock Analysis on Net

CSX Corp. (NASDAQ:CSX)

$22.49

This company has been moved to the archive! The financial data has not been updated since April 20, 2023.

Price to Sales (P/S)
since 2005

Microsoft Excel

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Calculation

CSX Corp., P/S, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-30), 10-K (reporting date: 2015-12-25), 10-K (reporting date: 2014-12-26), 10-K (reporting date: 2013-12-27), 10-K (reporting date: 2012-12-28), 10-K (reporting date: 2011-12-30), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-25), 10-K (reporting date: 2008-12-26), 10-K (reporting date: 2007-12-28), 10-K (reporting date: 2006-12-29), 10-K (reporting date: 2005-12-30).

1 US$

2 Data adjusted for splits and stock dividends.

3 Closing price as at the filing date of CSX Corp. Annual Report.


Share Price Trends
The share price exhibited considerable volatility over the observed period. Initially, it increased from $3.08 in early 2006 to a peak of $5.57 in early 2008, followed by a sharp decline to $2.92 in early 2009. Subsequently, the price demonstrated a generally upward trajectory, reaching a high of $35.17 in early 2022 before experiencing a moderate decline to $31.67 in early 2023. The overall pattern suggests a recovery and growth phase after the 2009 dip, although recent data indicates some correction or consolidation.
Sales Per Share Dynamics
Sales per share showed a mostly upward trend with some fluctuations. From $2.18 in early 2006, sales per share increased steadily to $3.13 by early 2009 despite the global economic downturn reflected in the share price. A slight dip was observed in early 2010 ($2.58), followed by a continued rise peaking at $7.20 in early 2023. The growth in sales per share suggests improving operational performance and revenue generation capacity over time, with a minor setback around 2011 and 2015.
Price-to-Sales Ratio (P/S) Analysis
The P/S ratio showed significant fluctuations throughout the period. It initially improved from 1.41 in early 2006 to 2.02 in early 2008 before dropping to 0.93 in early 2009, mirroring the share price decline amid rising sales. Afterward, the ratio climbed steadily, reaching a peak of 6.35 in early 2021 before slightly decreasing to 4.40 by early 2023. This increase in P/S ratio indicates growing market valuation relative to sales, suggesting higher investor confidence or expectations in earnings potential, though the recent decrease may reflect a revaluation or market adjustment.
Summary of Relationships and Insights
Overall, share price and sales per share trends indicate recovery and growth after the 2008-2009 economic downturn. The share price is more volatile compared to the steadier increase in sales per share. The P/S ratio trend reveals that market valuation relative to sales expanded substantially in the last decade, implying that market optimism outpaced sales growth. The recent moderation in P/S ratio alongside a slight drop in share price may indicate market reassessment of valuation levels while sales per share maintain an upward course, highlighting resilient underlying business performance.

Comparison to Competitors

CSX Corp., P/S, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-30), 10-K (reporting date: 2015-12-25), 10-K (reporting date: 2014-12-26), 10-K (reporting date: 2013-12-27), 10-K (reporting date: 2012-12-28), 10-K (reporting date: 2011-12-30), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-25), 10-K (reporting date: 2008-12-26), 10-K (reporting date: 2007-12-28), 10-K (reporting date: 2006-12-29), 10-K (reporting date: 2005-12-30).


Comparison to Sector (Transportation)


Comparison to Industry (Industrials)