Common Stock Valuation Ratios (Price Multiples)
Quarterly Data
Valuation ratios measure the quantity of an asset or flaw (e.g., earnings) associated with ownership of a specified claim (e.g., a share of ownership of the enterprise).
Historical Valuation Ratios (Summary)
CSX Corp., historical price multiples (quarterly data)
Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).
| Valuation ratio | Description | The company |
|---|---|---|
| P/E ratio | The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. | CSX Corp. P/E ratio increased from Q3 2022 to Q4 2022 but then slightly decreased from Q4 2022 to Q1 2023 not reaching Q3 2022 level. |
| P/OP ratio | Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. | CSX Corp. P/OP ratio increased from Q3 2022 to Q4 2022 but then slightly decreased from Q4 2022 to Q1 2023 not reaching Q3 2022 level. |
| P/S ratio | An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. | CSX Corp. P/S ratio increased from Q3 2022 to Q4 2022 but then slightly decreased from Q4 2022 to Q1 2023 not reaching Q3 2022 level. |
| P/BV ratio | The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. | CSX Corp. P/BV ratio increased from Q3 2022 to Q4 2022 but then slightly decreased from Q4 2022 to Q1 2023. |
Price to Earnings (P/E)
CSX Corp., historical P/E calculation (quarterly data)
| Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 2,033,054,922 | 2,062,605,434 | 2,102,408,729 | 2,141,241,136 | 2,174,259,952 | 2,193,389,444 | 2,217,983,411 | 2,254,495,910 | 2,272,200,648 | 2,287,515,174 | 2,294,324,874 | 2,295,157,647 | 2,296,397,682 | 2,321,476,695 | 2,347,009,638 | 2,394,527,424 | 2,427,490,998 | 2,446,891,098 | 2,533,261,083 | 2,576,431,671 | 2,626,060,638 | |||||||
| Selected Financial Data (US$) | ||||||||||||||||||||||||||||
| Net earnings (in millions) | 987) | 1,018) | 1,111) | 1,178) | 859) | 934) | 968) | 1,173) | 706) | 760) | 736) | 499) | 770) | 771) | 856) | 870) | 834) | 843) | 894) | 877) | 695) | |||||||
| Earnings per share (EPS)2 | 2.11 | 2.02 | 1.94 | 1.84 | 1.81 | 1.72 | 1.63 | 1.50 | 1.19 | 1.21 | 1.21 | 1.26 | 1.42 | 1.43 | 1.45 | 1.44 | 1.42 | 1.35 | 0.00 | 0.00 | 0.00 | |||||||
| Share price1, 3 | 30.81 | 31.67 | 27.54 | 30.99 | 36.30 | 35.17 | 35.01 | 32.67 | 34.23 | 29.39 | 27.24 | 23.84 | 20.49 | 26.50 | 23.26 | 23.79 | 26.31 | 22.70 | 23.57 | 23.00 | 20.34 | |||||||
| Valuation Ratio | ||||||||||||||||||||||||||||
| P/E ratio4 | 14.59 | 15.68 | 14.18 | 16.85 | 20.06 | 20.40 | 21.53 | 21.82 | 28.80 | 24.31 | 22.51 | 18.89 | 14.40 | 18.47 | 16.04 | 16.56 | 18.52 | 16.79 | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| P/E Ratio, Competitors5 | ||||||||||||||||||||||||||||
| FedEx Corp. | 11.20 | 14.80 | 11.50 | 12.86 | 13.14 | 15.07 | 23.08 | 31.59 | 34.80 | 33.43 | — | 568.30 | 100.48 | 82.00 | — | — | — | — | — | — | — | |||||||
| Uber Technologies Inc. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Union Pacific Corp. | 17.65 | 17.97 | 16.21 | 19.32 | 22.53 | 23.67 | 24.01 | 24.34 | 27.76 | 25.57 | — | — | — | — | — | — | — | — | — | — | — | |||||||
| United Airlines Holdings Inc. | 7.67 | 21.74 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| United Parcel Service Inc. | 14.01 | 13.27 | 12.72 | 15.37 | 14.93 | 14.11 | 28.39 | 27.60 | 36.12 | 104.33 | — | — | — | — | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).
1 Data adjusted for splits and stock dividends.
2 Q1 2023 Calculation
EPS
= (Net earningsQ1 2023
+ Net earningsQ4 2022
+ Net earningsQ3 2022
+ Net earningsQ2 2022)
÷ No. shares of common stock outstanding
= (987,000,000 + 1,018,000,000 + 1,111,000,000 + 1,178,000,000)
÷ 2,033,054,922 = 2.11
3 Closing price as at the filing date of CSX Corp. Quarterly or Annual Report.
4 Q1 2023 Calculation
P/E ratio = Share price ÷ EPS
= 30.81 ÷ 2.11 = 14.59
5 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| P/E ratio | The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. | CSX Corp. P/E ratio increased from Q3 2022 to Q4 2022 but then slightly decreased from Q4 2022 to Q1 2023 not reaching Q3 2022 level. |
Price to Operating Profit (P/OP)
CSX Corp., historical P/OP calculation (quarterly data)
| Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 2,033,054,922 | 2,062,605,434 | 2,102,408,729 | 2,141,241,136 | 2,174,259,952 | 2,193,389,444 | 2,217,983,411 | 2,254,495,910 | 2,272,200,648 | 2,287,515,174 | 2,294,324,874 | 2,295,157,647 | 2,296,397,682 | 2,321,476,695 | 2,347,009,638 | 2,394,527,424 | 2,427,490,998 | 2,446,891,098 | 2,533,261,083 | 2,576,431,671 | 2,626,060,638 | |||||||
| Selected Financial Data (US$) | ||||||||||||||||||||||||||||
| Operating income (in millions) | 1,464) | 1,459) | 1,579) | 1,703) | 1,282) | 1,366) | 1,436) | 1,691) | 1,101) | 1,215) | 1,141) | 828) | 1,178) | 1,154) | 1,287) | 1,305) | 1,219) | 1,249) | 1,293) | 1,283) | 1,044) | |||||||
| Operating profit per share2 | 3.05 | 2.92 | 2.82 | 2.70 | 2.66 | 2.55 | 2.45 | 2.28 | 1.89 | 1.91 | 1.87 | 1.94 | 2.14 | 2.14 | 2.16 | 2.12 | 2.08 | 1.99 | 0.00 | 0.00 | 0.00 | |||||||
| Share price1, 3 | 30.81 | 31.67 | 27.54 | 30.99 | 36.30 | 35.17 | 35.01 | 32.67 | 34.23 | 29.39 | 27.24 | 23.84 | 20.49 | 26.50 | 23.26 | 23.79 | 26.31 | 22.70 | 23.57 | 23.00 | 20.34 | |||||||
| Valuation Ratio | ||||||||||||||||||||||||||||
| P/OP ratio4 | 10.09 | 10.85 | 9.76 | 11.47 | 13.67 | 13.79 | 14.27 | 14.31 | 18.15 | 15.41 | 14.53 | 12.30 | 9.56 | 12.39 | 10.79 | 11.24 | 12.66 | 11.41 | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| P/OP Ratio, Competitors5 | ||||||||||||||||||||||||||||
| FedEx Corp. | 6.66 | 9.07 | 9.66 | 10.90 | 11.82 | 13.46 | 15.42 | 19.66 | 20.51 | 17.79 | 7.61 | 11.34 | 10.34 | 9.92 | — | — | — | — | — | — | — | |||||||
| Uber Technologies Inc. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Union Pacific Corp. | 12.56 | 12.68 | 11.53 | 13.58 | 15.79 | 16.53 | 16.70 | 16.84 | 18.84 | 17.46 | — | — | — | — | — | — | — | — | — | — | — | |||||||
| United Airlines Holdings Inc. | 4.01 | 6.86 | 23.16 | 93.38 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| United Parcel Service Inc. | 12.19 | 11.70 | 10.32 | 12.38 | 12.08 | 14.20 | 16.72 | 16.10 | 19.92 | 18.23 | — | — | — | — | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).
1 Data adjusted for splits and stock dividends.
2 Q1 2023 Calculation
Operating profit per share
= (Operating incomeQ1 2023
+ Operating incomeQ4 2022
+ Operating incomeQ3 2022
+ Operating incomeQ2 2022)
÷ No. shares of common stock outstanding
= (1,464,000,000 + 1,459,000,000 + 1,579,000,000 + 1,703,000,000)
÷ 2,033,054,922 = 3.05
3 Closing price as at the filing date of CSX Corp. Quarterly or Annual Report.
4 Q1 2023 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 30.81 ÷ 3.05 = 10.09
5 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| P/OP ratio | Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. | CSX Corp. P/OP ratio increased from Q3 2022 to Q4 2022 but then slightly decreased from Q4 2022 to Q1 2023 not reaching Q3 2022 level. |
Price to Sales (P/S)
CSX Corp., historical P/S calculation (quarterly data)
| Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 2,033,054,922 | 2,062,605,434 | 2,102,408,729 | 2,141,241,136 | 2,174,259,952 | 2,193,389,444 | 2,217,983,411 | 2,254,495,910 | 2,272,200,648 | 2,287,515,174 | 2,294,324,874 | 2,295,157,647 | 2,296,397,682 | 2,321,476,695 | 2,347,009,638 | 2,394,527,424 | 2,427,490,998 | 2,446,891,098 | 2,533,261,083 | 2,576,431,671 | 2,626,060,638 | |||||||
| Selected Financial Data (US$) | ||||||||||||||||||||||||||||
| Revenue (in millions) | 3,706) | 3,730) | 3,895) | 3,815) | 3,413) | 3,427) | 3,292) | 2,990) | 2,813) | 2,825) | 2,648) | 2,255) | 2,855) | 2,885) | 2,978) | 3,061) | 3,013) | 3,143) | 3,129) | 3,102) | 2,876) | |||||||
| Sales per share2 | 7.45 | 7.20 | 6.92 | 6.51 | 6.04 | 5.71 | 5.37 | 5.00 | 4.64 | 4.63 | 4.64 | 4.78 | 5.13 | 5.14 | 5.20 | 5.16 | 5.10 | 5.01 | 0.00 | 0.00 | 0.00 | |||||||
| Share price1, 3 | 30.81 | 31.67 | 27.54 | 30.99 | 36.30 | 35.17 | 35.01 | 32.67 | 34.23 | 29.39 | 27.24 | 23.84 | 20.49 | 26.50 | 23.26 | 23.79 | 26.31 | 22.70 | 23.57 | 23.00 | 20.34 | |||||||
| Valuation Ratio | ||||||||||||||||||||||||||||
| P/S ratio4 | 4.14 | 4.40 | 3.98 | 4.76 | 6.01 | 6.16 | 6.51 | 6.53 | 7.38 | 6.35 | 5.87 | 4.99 | 3.99 | 5.15 | 4.48 | 4.61 | 5.16 | 4.53 | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| P/S Ratio, Competitors5 | ||||||||||||||||||||||||||||
| FedEx Corp. | 0.42 | 0.61 | 0.64 | 0.71 | 0.77 | 0.94 | 0.89 | 1.04 | 0.87 | 0.62 | 0.36 | 0.62 | 0.65 | 0.64 | — | — | — | — | — | — | — | |||||||
| Uber Technologies Inc. | 2.26 | 2.16 | 1.98 | 2.47 | 2.46 | 3.90 | 5.95 | 6.34 | 8.09 | 9.07 | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Union Pacific Corp. | 4.93 | 5.05 | 4.69 | 5.65 | 6.77 | 7.08 | 7.01 | 6.96 | 7.50 | 7.00 | — | — | — | — | — | — | — | — | — | — | — | |||||||
| United Airlines Holdings Inc. | 0.30 | 0.36 | 0.31 | 0.34 | 0.57 | 0.63 | 0.75 | 1.06 | 1.56 | 1.11 | — | — | — | — | — | — | — | — | — | — | — | |||||||
| United Parcel Service Inc. | 1.53 | 1.53 | 1.41 | 1.68 | 1.63 | 1.87 | 1.94 | 1.81 | 2.09 | 1.66 | — | — | — | — | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).
1 Data adjusted for splits and stock dividends.
2 Q1 2023 Calculation
Sales per share
= (RevenueQ1 2023
+ RevenueQ4 2022
+ RevenueQ3 2022
+ RevenueQ2 2022)
÷ No. shares of common stock outstanding
= (3,706,000,000 + 3,730,000,000 + 3,895,000,000 + 3,815,000,000)
÷ 2,033,054,922 = 7.45
3 Closing price as at the filing date of CSX Corp. Quarterly or Annual Report.
4 Q1 2023 Calculation
P/S ratio = Share price ÷ Sales per share
= 30.81 ÷ 7.45 = 4.14
5 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| P/S ratio | An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. | CSX Corp. P/S ratio increased from Q3 2022 to Q4 2022 but then slightly decreased from Q4 2022 to Q1 2023 not reaching Q3 2022 level. |
Price to Book Value (P/BV)
CSX Corp., historical P/BV calculation (quarterly data)
| Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 2,033,054,922 | 2,062,605,434 | 2,102,408,729 | 2,141,241,136 | 2,174,259,952 | 2,193,389,444 | 2,217,983,411 | 2,254,495,910 | 2,272,200,648 | 2,287,515,174 | 2,294,324,874 | 2,295,157,647 | 2,296,397,682 | 2,321,476,695 | 2,347,009,638 | 2,394,527,424 | 2,427,490,998 | 2,446,891,098 | 2,533,261,083 | 2,576,431,671 | 2,626,060,638 | |||||||
| Selected Financial Data (US$) | ||||||||||||||||||||||||||||
| Shareholders’ equity, attributable to CSX (in millions) | 12,326) | 12,615) | 12,874) | 13,131) | 13,184) | 13,490) | 13,163) | 13,426) | 13,151) | 13,101) | 12,713) | 12,150) | 11,871) | 11,848) | 11,864) | 12,276) | 12,428) | 12,563) | 13,719) | 14,009) | 14,378) | |||||||
| Book value per share (BVPS)2 | 6.06 | 6.12 | 6.12 | 6.13 | 6.06 | 6.15 | 5.93 | 5.96 | 5.79 | 5.73 | 5.54 | 5.29 | 5.17 | 5.10 | 5.05 | 5.13 | 5.12 | 5.13 | 5.42 | 5.44 | 5.48 | |||||||
| Share price1, 3 | 30.81 | 31.67 | 27.54 | 30.99 | 36.30 | 35.17 | 35.01 | 32.67 | 34.23 | 29.39 | 27.24 | 23.84 | 20.49 | 26.50 | 23.26 | 23.79 | 26.31 | 22.70 | 23.57 | 23.00 | 20.34 | |||||||
| Valuation Ratio | ||||||||||||||||||||||||||||
| P/BV ratio4 | 5.08 | 5.18 | 4.50 | 5.05 | 5.99 | 5.72 | 5.90 | 5.49 | 5.91 | 5.13 | 4.92 | 4.50 | 3.96 | 5.19 | 4.60 | 4.64 | 5.14 | 4.42 | 4.35 | 4.23 | 3.71 | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| P/BV Ratio, Competitors5 | ||||||||||||||||||||||||||||
| FedEx Corp. | 1.60 | 2.27 | 2.41 | 2.53 | 2.75 | 3.26 | 3.18 | 3.68 | 3.19 | 2.35 | 1.32 | 2.28 | 2.49 | 2.49 | 2.38 | 2.50 | 3.51 | — | — | — | — | |||||||
| Uber Technologies Inc. | 10.20 | 9.36 | 9.20 | 9.47 | 5.91 | 4.71 | 6.34 | 5.73 | 6.42 | 8.24 | 8.85 | 6.04 | 5.01 | — | — | — | — | — | — | — | — | |||||||
| Union Pacific Corp. | 9.92 | 10.34 | 9.76 | 10.41 | 12.90 | 10.90 | 10.68 | 10.01 | 8.91 | 8.07 | 7.33 | 7.22 | 6.46 | — | — | — | — | — | — | — | — | |||||||
| United Airlines Holdings Inc. | 2.21 | 2.32 | 2.61 | 3.09 | 4.58 | 3.06 | 2.74 | 3.16 | 3.17 | 2.85 | 1.42 | 1.08 | 0.78 | — | — | — | — | — | — | — | — | |||||||
| United Parcel Service Inc. | 7.54 | 7.75 | 8.39 | 10.31 | 10.42 | 12.76 | 15.21 | 15.53 | 26.13 | 213.26 | 24.66 | 28.64 | 24.78 | — | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).
1 Data adjusted for splits and stock dividends.
2 Q1 2023 Calculation
BVPS = Shareholders’ equity, attributable to CSX ÷ No. shares of common stock outstanding
= 12,326,000,000 ÷ 2,033,054,922 = 6.06
3 Closing price as at the filing date of CSX Corp. Quarterly or Annual Report.
4 Q1 2023 Calculation
P/BV ratio = Share price ÷ BVPS
= 30.81 ÷ 6.06 = 5.08
5 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| P/BV ratio | The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. | CSX Corp. P/BV ratio increased from Q3 2022 to Q4 2022 but then slightly decreased from Q4 2022 to Q1 2023. |