Canadian National Railway P/E 2024

Canadian National Railway P/E

22.25

Canadian National Railway Dividend yield

1.8 %

Ticker

CNR.TO

ISIN

CA1363751027

WKN

897879

As of Apr 19, 2024, Canadian National Railway's P/E ratio was 22.25, a 22.72% change from the 18.13 P/E ratio recorded in the previous year.

The Canadian National Railway P/E history

Canadian National Railway Aktienanalyse

What does Canadian National Railway do?

Canadian National Railway Company is one of the largest railroad companies in North America and plays a significant role in the transportation of goods and passengers in Canada and the USA. The company was founded in 1919 and has a long history in the railroad industry. In recent decades, it has played a significant role in the development of infrastructure and transportation systems in North America. The business model of Canadian National Railway Company is based on the transportation of goods and passengers on a network of tracks that spans 32,831 kilometers in Canada and the USA. The company connects major cities and industrial centers, offering transportation solutions for various goods such as coal, crude oil, grain, chemicals, and wood products. It also transports containers and provides intermodal transportation options for international freight orders. Canadian National Railway Company offers various divisions, including the freight rail, intermodal, freight, and passenger sectors. The freight rail division is the company's main sector, transporting goods to and from major seaports, borders, and industrial centers in North America. The intermodal division provides transportation of containers and trailers for international and domestic freight transportation. Canadian National Railway Company's freight division offers comprehensive logistics solutions for various industries, from chemicals to retail activities. The passenger sector of the company is currently limited to Canada, providing connections between major cities and communities. For customers, Canadian National Railway Company offers various products and services to meet their transportation needs. This includes complete freight order management, cargo consolidation, online freight and container tracking, as well as a wide range of logistics services. The company employs state-of-the-art infrastructure, incorporating advanced technologies such as automated train safety, security and surveillance procedures, and cutting-edge train control systems to provide efficient and secure transportation solutions for customers. With its wide range of services and divisions, Canadian National Railway Company is a key player in the logistics and transportation industry in North America. The company is also a major employer, with over 23,000 employees in various positions including engineering, operations, customer service, and administration. Canadian National Railway Company is headquartered in Montreal, Quebec, Canada, and is listed on the Toronto Stock Exchange and the New York Stock Exchange. The company has a high market value and is one of the largest blue-chip corporations in Canada. Overall, Canadian National Railway Company has a long history in the railroad and transportation industry and is a significant factor in the transportation of goods and passengers in North America. It offers various divisions and products to meet its customers' transportation needs and has a strong presence in Canada and the USA. It is expected to continue playing a crucial role in the industry and maintain its position as a key player in the logistics and transportation industry in North America in the future. Canadian National Railway ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Canadian National Railway's P/E Ratio

The Price to Earnings (P/E) Ratio of Canadian National Railway is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Canadian National Railway's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Canadian National Railway is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Canadian National Railway’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Canadian National Railway Stock

What is the price-to-earnings ratio of Canadian National Railway?

The price-earnings ratio of Canadian National Railway is currently 22.25.

How has the price-earnings ratio of Canadian National Railway changed compared to last year?

The price-to-earnings ratio of Canadian National Railway has increased by 22.72% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Canadian National Railway high compared to other companies?

Yes, the price-to-earnings ratio of Canadian National Railway is high compared to other companies.

How does an increase in the price-earnings ratio of Canadian National Railway affect the company?

An increase in the price-earnings ratio of Canadian National Railway would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Canadian National Railway affect the company?

A decrease in the price-earnings ratio of Canadian National Railway would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Canadian National Railway?

Some factors that influence the price-earnings ratio of Canadian National Railway are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Canadian National Railway pay?

Over the past 12 months, Canadian National Railway paid a dividend of 3.16 CAD . This corresponds to a dividend yield of about 1.8 %. For the coming 12 months, Canadian National Railway is expected to pay a dividend of 3.62 CAD.

What is the dividend yield of Canadian National Railway?

The current dividend yield of Canadian National Railway is 1.8 %.

When does Canadian National Railway pay dividends?

Canadian National Railway pays a quarterly dividend. This is distributed in the months of July, October, January, April.

How secure is the dividend of Canadian National Railway?

Canadian National Railway paid dividends every year for the past 29 years.

What is the dividend of Canadian National Railway?

For the upcoming 12 months, dividends amounting to 3.62 CAD are expected. This corresponds to a dividend yield of 2.07 %.

In which sector is Canadian National Railway located?

Canadian National Railway is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Canadian National Railway kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Canadian National Railway from 3/28/2024 amounting to 0.845 CAD, you needed to have the stock in your portfolio before the ex-date on 3/6/2024.

When did Canadian National Railway pay the last dividend?

The last dividend was paid out on 3/28/2024.

What was the dividend of Canadian National Railway in the year 2023?

In the year 2023, Canadian National Railway distributed 2.93 CAD as dividends.

In which currency does Canadian National Railway pay out the dividend?

The dividends of Canadian National Railway are distributed in CAD.

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Andere Kennzahlen von Canadian National Railway

Our stock analysis for Canadian National Railway Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Canadian National Railway Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.