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CSX (UKEX:CSX) Cyclically Adjusted PB Ratio : 6.13 (As of Jun. 09, 2024)


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What is CSX Cyclically Adjusted PB Ratio?

As of today (2024-06-09), CSX's current share price is ₴1218.00. CSX's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₴198.78. CSX's Cyclically Adjusted PB Ratio for today is 6.13.

The historical rank and industry rank for CSX's Cyclically Adjusted PB Ratio or its related term are showing as below:

UKEX:CSX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.51   Med: 5.45   Max: 7.65
Current: 5.41

During the past years, CSX's highest Cyclically Adjusted PB Ratio was 7.65. The lowest was 2.51. And the median was 5.45.

UKEX:CSX's Cyclically Adjusted PB Ratio is ranked worse than
91.84% of 723 companies
in the Transportation industry
Industry Median: 1.25 vs UKEX:CSX: 5.41

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

CSX's adjusted book value per share data for the three months ended in Mar. 2024 was ₴260.817. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₴198.78 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CSX Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CSX's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CSX Cyclically Adjusted PB Ratio Chart

CSX Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.92 6.92 7.58 5.61 5.88

CSX Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.28 5.90 5.23 5.88 6.13

Competitive Comparison of CSX's Cyclically Adjusted PB Ratio

For the Railroads subindustry, CSX's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CSX's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, CSX's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where CSX's Cyclically Adjusted PB Ratio falls into.



CSX Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

CSX's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1218.00/198.78
=6.13

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CSX's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CSX's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=260.817/131.7762*131.7762
=260.817

Current CPI (Mar. 2024) = 131.7762.

CSX Quarterly Data

Book Value per Share CPI Adj_Book
201406 146.884 100.560 192.481
201409 150.712 100.428 197.757
201412 151.677 99.070 201.751
201503 154.520 99.621 204.395
201506 158.588 100.684 207.562
201509 161.153 100.392 211.533
201512 162.743 99.792 214.903
201603 163.636 100.470 214.624
201606 165.615 101.688 214.618
201609 167.898 101.861 217.207
201612 169.800 101.863 219.664
201703 170.441 102.862 218.351
201706 171.171 103.349 218.253
201709 164.356 104.136 207.981
201712 222.923 104.011 282.431
201803 221.613 105.290 277.362
201806 220.084 106.317 272.787
201809 219.201 106.507 271.208
201812 207.214 105.998 257.608
201903 207.226 107.251 254.614
201906 207.509 108.070 253.029
201909 204.605 108.329 248.890
201912 206.797 108.420 251.346
202003 209.238 108.902 253.188
202006 214.271 108.767 259.598
202009 224.282 109.815 269.135
202012 231.664 109.897 277.786
202103 234.268 111.754 276.239
202106 241.044 114.631 277.096
202109 240.214 115.734 273.510
202112 247.968 117.630 277.790
202203 245.435 121.301 266.630
202206 248.218 125.017 261.639
202209 247.854 125.227 260.817
202212 247.148 125.222 260.084
202303 245.400 127.348 253.934
202306 247.538 128.729 253.398
202309 244.767 129.860 248.380
202312 250.658 129.419 255.223
202403 260.817 131.776 260.817

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


CSX  (UKEX:CSX) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


CSX Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of CSX's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


CSX (UKEX:CSX) Business Description

Industry
Address
500 Water Street, 15th Floor, Jacksonville, FL, USA, 32202
Operating in the Eastern United States, Class I railroad CSX generated revenue near $14.8 billion in 2022. On its more than 21,000 miles of track, CSX hauls shipments of coal (16% of consolidated revenue), chemicals (17%), intermodal containers (16%), automotive cargo (7%), and a diverse mix of other bulk and industrial merchandise.

CSX (UKEX:CSX) Headlines

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