Price to Book Value (P/BV)
since 2005
Beginner level
Calculation
Norfolk Southern Corp., P/BV, long-term trends, calculation
| P/BV | = | Share price1, 2, 3 | ÷ | Book value per share1 (BVPS) | BVPS1 | = | Stockholders’ equity1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dec 31, 2019 | 3.61 | = | 212.68 | ÷ | 58.89 | 58.89 | = | 15,184 | ÷ | 257,844,180 | |
| Dec 31, 2018 | 2.99 | = | 171.46 | ÷ | 57.44 | 57.44 | = | 15,362 | ÷ | 267,455,326 | |
| Dec 31, 2017 | 2.41 | = | 138.61 | ÷ | 57.60 | 57.60 | = | 16,359 | ÷ | 283,997,242 | |
| Dec 31, 2016 | 2.81 | = | 119.87 | ÷ | 42.71 | 42.71 | = | 12,409 | ÷ | 290,553,713 | |
| Dec 31, 2015 | 1.72 | = | 70.49 | ÷ | 40.87 | 40.87 | = | 12,188 | ÷ | 298,198,651 | |
| Dec 31, 2014 | 2.70 | = | 109.11 | ÷ | 40.36 | 40.36 | = | 12,408 | ÷ | 307,411,965 | |
| Dec 31, 2013 | 2.55 | = | 92.84 | ÷ | 36.45 | 36.45 | = | 11,289 | ÷ | 309,715,149 | |
| Dec 31, 2012 | 2.30 | = | 71.50 | ÷ | 31.03 | 31.03 | = | 9,760 | ÷ | 314,516,374 | |
| Dec 31, 2011 | 2.26 | = | 67.84 | ÷ | 30.02 | 30.02 | = | 9,911 | ÷ | 330,141,306 | |
| Dec 31, 2010 | 2.18 | = | 65.20 | ÷ | 29.96 | 29.96 | = | 10,669 | ÷ | 356,109,351 | |
| Dec 31, 2009 | 1.76 | = | 49.26 | ÷ | 28.01 | 28.01 | = | 10,353 | ÷ | 369,655,129 | |
| Dec 31, 2008 | 1.36 | = | 35.56 | ÷ | 26.22 | 26.22 | = | 9,607 | ÷ | 366,460,780 | |
| Dec 31, 2007 | 2.09 | = | 53.94 | ÷ | 25.85 | 25.85 | = | 9,727 | ÷ | 376,332,668 | |
| Dec 31, 2006 | 2.11 | = | 51.19 | ÷ | 24.22 | 24.22 | = | 9,615 | ÷ | 396,986,263 | |
| Dec 31, 2005 | 2.23 | = | 50.30 | ÷ | 22.53 | 22.53 | = | 9,289 | ÷ | 412,236,777 |
Based on: 10-K (filing date: 2020-02-06), 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-05), 10-K (filing date: 2017-02-06), 10-K (filing date: 2016-02-08), 10-K (filing date: 2015-02-11), 10-K (filing date: 2014-02-14), 10-K (filing date: 2013-02-15), 10-K (filing date: 2012-02-15), 10-K (filing date: 2011-02-17), 10-K (filing date: 2010-02-17), 10-K (filing date: 2009-02-18), 10-K (filing date: 2008-02-15), 10-K (filing date: 2007-02-22), 10-K (filing date: 2006-02-23).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Norfolk Southern Corp.’s Annual Report.
Comparison to Competitors
Norfolk Southern Corp., P/BV, long-term trends, comparison to competitors
| Norfolk Southern Corp. | CSX Corp. | FedEx Corp. | Union Pacific Corp. | United Parcel Service Inc. | |
|---|---|---|---|---|---|
| Dec 31, 2019 | 3.61 | 5.19 | 2.49 | 7.00 | 27.98 |
| Dec 31, 2018 | 2.99 | 4.42 | 3.15 | 5.72 | 31.82 |
| Dec 31, 2017 | 2.41 | 3.20 | 3.60 | 3.99 | 90.21 |
| Dec 31, 2016 | 2.81 | 3.81 | 3.10 | 4.43 | 231.41 |
| Dec 31, 2015 | 1.72 | 1.99 | 3.23 | 3.07 | 34.99 |
| Dec 31, 2014 | 2.70 | 3.19 | 2.82 | 5.07 | 42.88 |
| Dec 31, 2013 | 2.55 | 2.63 | 1.89 | 3.79 | 13.65 |
| Dec 31, 2012 | 2.30 | 2.62 | 1.98 | 3.14 | 16.94 |
| Dec 31, 2011 | 2.26 | 2.63 | 1.96 | 3.00 | 10.46 |
| Dec 31, 2010 | 2.18 | 3.19 | 1.76 | 2.61 | 9.13 |
| Dec 31, 2009 | 1.76 | 2.06 | 1.31 | 1.85 | 7.64 |
| Dec 31, 2008 | 1.36 | 1.31 | 1.65 | 1.61 | 6.05 |
| Dec 31, 2007 | 2.09 | 2.33 | 2.86 | 2.11 | 5.96 |
| Dec 31, 2006 | 2.11 | 1.99 | 2.90 | 1.84 | 4.83 |
| Dec 31, 2005 | 2.23 | 1.53 | 2.63 | 1.73 | 5.05 |
Based on: 10-K (filing date: 2020-02-06), 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-05), 10-K (filing date: 2017-02-06), 10-K (filing date: 2016-02-08), 10-K (filing date: 2015-02-11), 10-K (filing date: 2014-02-14), 10-K (filing date: 2013-02-15), 10-K (filing date: 2012-02-15), 10-K (filing date: 2011-02-17), 10-K (filing date: 2010-02-17), 10-K (filing date: 2009-02-18), 10-K (filing date: 2008-02-15), 10-K (filing date: 2007-02-22), 10-K (filing date: 2006-02-23).
Comparison to Sector (Industrial Transportation)
Norfolk Southern Corp., P/BV, long-term trends, comparison to sector (industrial transportation)
| Norfolk Southern Corp. | Industrial Transportation | |
|---|---|---|
| Dec 31, 2019 | 3.61 | 5.73 |
| Dec 31, 2018 | 2.99 | 5.31 |
| Dec 31, 2017 | 2.41 | 4.57 |
| Dec 31, 2016 | 2.81 | 5.22 |
| Dec 31, 2015 | 1.72 | 3.91 |
| Dec 31, 2014 | 2.70 | 5.01 |
| Dec 31, 2013 | 2.55 | 3.86 |
| Dec 31, 2012 | 2.30 | 3.73 |
| Dec 31, 2011 | 2.26 | 3.44 |
| Dec 31, 2010 | 2.18 | 3.30 |
| Dec 31, 2009 | 1.76 | 2.51 |
| Dec 31, 2008 | 1.36 | 2.08 |
| Dec 31, 2007 | 2.09 | 3.10 |
| Dec 31, 2006 | 2.11 | 2.87 |
| Dec 31, 2005 | 2.23 | 2.91 |
Based on: 10-K (filing date: 2020-02-06), 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-05), 10-K (filing date: 2017-02-06), 10-K (filing date: 2016-02-08), 10-K (filing date: 2015-02-11), 10-K (filing date: 2014-02-14), 10-K (filing date: 2013-02-15), 10-K (filing date: 2012-02-15), 10-K (filing date: 2011-02-17), 10-K (filing date: 2010-02-17), 10-K (filing date: 2009-02-18), 10-K (filing date: 2008-02-15), 10-K (filing date: 2007-02-22), 10-K (filing date: 2006-02-23).
Comparison to Industry (Industrials)
Norfolk Southern Corp., P/BV, long-term trends, comparison to industry (industrials)
| Norfolk Southern Corp. | Industrials | |
|---|---|---|
| Dec 31, 2019 | 3.61 | 7.35 |
| Dec 31, 2018 | 2.99 | 6.80 |
| Dec 31, 2017 | 2.41 | 6.24 |
| Dec 31, 2016 | 2.81 | 5.69 |
| Dec 31, 2015 | 1.72 | 4.29 |
| Dec 31, 2014 | 2.70 | 4.11 |
| Dec 31, 2013 | 2.55 | 3.36 |
| Dec 31, 2012 | 2.30 | 3.19 |
| Dec 31, 2011 | 2.26 | 3.12 |
| Dec 31, 2010 | 2.18 | 3.07 |
| Dec 31, 2009 | 1.76 | 2.54 |
| Dec 31, 2008 | 1.36 | 2.11 |
| Dec 31, 2007 | 2.09 | 3.41 |
| Dec 31, 2006 | 2.11 | 3.65 |
| Dec 31, 2005 | 2.23 | 3.37 |
Based on: 10-K (filing date: 2020-02-06), 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-05), 10-K (filing date: 2017-02-06), 10-K (filing date: 2016-02-08), 10-K (filing date: 2015-02-11), 10-K (filing date: 2014-02-14), 10-K (filing date: 2013-02-15), 10-K (filing date: 2012-02-15), 10-K (filing date: 2011-02-17), 10-K (filing date: 2010-02-17), 10-K (filing date: 2009-02-18), 10-K (filing date: 2008-02-15), 10-K (filing date: 2007-02-22), 10-K (filing date: 2006-02-23).