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Norfolk Southern (Norfolk Southern) Cyclically Adjusted PS Ratio : 4.75 (As of May. 17, 2024)


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What is Norfolk Southern Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Norfolk Southern's current share price is $232.55. Norfolk Southern's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $48.97. Norfolk Southern's Cyclically Adjusted PS Ratio for today is 4.75.

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

NSC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.2   Med: 4.39   Max: 7.22
Current: 4.72

During the past years, Norfolk Southern's highest Cyclically Adjusted PS Ratio was 7.22. The lowest was 2.20. And the median was 4.39.

NSC's Cyclically Adjusted PS Ratio is ranked worse than
91.22% of 740 companies
in the Transportation industry
Industry Median: 0.85 vs NSC: 4.72

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Norfolk Southern's adjusted revenue per share data for the three months ended in Mar. 2024 was $13.280. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $48.97 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Norfolk Southern Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Norfolk Southern's Cyclically Adjusted PS 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.

Norfolk Southern Cyclically Adjusted PS Ratio Chart

Norfolk Southern Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.11 6.05 6.97 5.30 4.85

Norfolk Southern Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS 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 4.46 4.70 4.04 4.85 5.20

Competitive Comparison of Norfolk Southern's Cyclically Adjusted PS Ratio

For the Railroads subindustry, Norfolk Southern's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Norfolk Southern's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

* The bar in red indicates where Norfolk Southern's Cyclically Adjusted PS Ratio falls into.



Norfolk Southern Cyclically Adjusted PS Ratio Calculation

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

Norfolk Southern's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=232.55/48.97
=4.75

* 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.

Norfolk Southern's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Norfolk Southern's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=13.28/131.7762*131.7762
=13.280

Current CPI (Mar. 2024) = 131.7762.

Norfolk Southern Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 9.725 100.560 12.744
201409 9.671 100.428 12.690
201412 9.202 99.070 12.240
201503 8.291 99.621 10.967
201506 8.881 100.684 11.624
201509 8.969 100.392 11.773
201512 8.388 99.792 11.076
201603 8.096 100.470 10.619
201606 8.274 101.688 10.722
201609 8.565 101.861 11.080
201612 8.472 101.863 10.960
201703 8.794 102.862 11.266
201706 9.125 103.349 11.635
201709 9.223 104.136 11.671
201712 9.280 104.011 11.757
201803 9.503 105.290 11.894
201806 10.215 106.317 12.661
201809 10.593 106.507 13.106
201812 10.608 105.998 13.188
201903 10.542 107.251 12.953
201906 10.951 108.070 13.353
201909 10.749 108.329 13.076
201912 10.279 108.420 12.493
202003 10.147 108.902 12.278
202006 8.122 108.767 9.840
202009 9.785 109.815 11.742
202012 10.098 109.897 12.108
202103 10.447 111.754 12.319
202106 11.196 114.631 12.871
202109 11.575 115.734 13.179
202112 11.722 117.630 13.132
202203 12.136 121.301 13.184
202206 13.684 125.017 14.424
202209 14.286 125.227 15.033
202212 14.025 125.222 14.759
202303 13.719 127.348 14.196
202306 13.070 128.729 13.379
202309 13.088 129.860 13.281
202312 13.585 129.419 13.832
202403 13.280 131.776 13.280

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.


Norfolk Southern  (NYSE:NSC) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Norfolk Southern Cyclically Adjusted PS Ratio Related Terms

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


Norfolk Southern (Norfolk Southern) Business Description

Address
650 West Peachtree Street NW, Atlanta, GA, USA, 30308
Class-I railroad Norfolk Southern operates in the Eastern United States. On more than 20,000 miles of track, the firm hauls shipments of coal, intermodal traffic, and a diverse mix of automobile, agriculture, metal, chemical, and forest products.
Executives
Phillip S Davidson director 825 TOWN & COUNTRY LANE, SUITE 1500, HOUSTON TX 77024
Francesca A. Debiase director MCDONALD'S CORPORATION, 110 NORTH CARPENTER STREET, CHICAGO IL 60607
Alan H. Shaw officer: EVP & Chief Marketing Officer 650 W PEACHTREE ST NW, ATLANTA GA 30308
Paul B Duncan officer: EVP & Chief Operating Officer 650 W PEACHTREE ST NW, ATLANTA GA 30308
James A Squires officer: Sr. V.P. - Law 650 W PEACHTREE ST NW, ATLANTA GA 30308
Steven F Leer director USG CORPORATION, 125 SOUTH FRANKLIN STREET, CHICAGO IL 60606
Nabanita C Nag officer: SVP and Chief Legal Officer 650 W PEACHTREE ST NW, ATLANTA GA 30308
Claiborne L Moore officer: Vice President and Controller 650 W PEACHTREE ST NW, ATLANTA GA 30308
Lorri J Kleine officer: SVP & Chief Legal Officer 650 W PEACHTREE ST NW, ATLANTA GA 30308
Claude E Elkins officer: EVP & Chief Marketing Officer 650 W. PEACHTREE ST, NW, ATLANTA GA 30308
Allison Clyde H Jr officer: Vice President and Controller 650 W PEACHTREE ST NW, ATLANTA GA 30308
Ann A Adams officer: EVP-Chief Transform. Officer 650 W PEACHTREE ST NW, ATLANTA GA 30308
Cynthia M Sanborn officer: EVP & Chief Operating Officer 650 W PEACHTREE ST NW, ATLANTA GA 30308
Michael Joseph Wheeler officer: Sr. Vice President Operations THREE COMMERCIAL PLACE, 13TH FLOOR, NORFOLK VA 23510
Christopher T Jones director 2980 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042