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Canadian Pacific Kansas City (Canadian Pacific Kansas City) Cyclically Adjusted PB Ratio : 5.96 (As of Apr. 27, 2024)


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What is Canadian Pacific Kansas City Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Canadian Pacific Kansas City's current share price is $81.68. Canadian Pacific Kansas City's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $13.71. Canadian Pacific Kansas City's Cyclically Adjusted PB Ratio for today is 5.96.

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

CP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.78   Med: 6.61   Max: 11.64
Current: 6.01

During the past years, Canadian Pacific Kansas City's highest Cyclically Adjusted PB Ratio was 11.64. The lowest was 3.78. And the median was 6.61.

CP's Cyclically Adjusted PB Ratio is ranked worse than
93.45% of 687 companies
in the Transportation industry
Industry Median: 1.21 vs CP: 6.01

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.

Canadian Pacific Kansas City's adjusted book value per share data for the three months ended in Mar. 2024 was $33.922. 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 $13.71 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Canadian Pacific Kansas City Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Canadian Pacific Kansas City'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.

Canadian Pacific Kansas City Cyclically Adjusted PB Ratio Chart

Canadian Pacific Kansas City 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 8.53 10.73 9.25 7.38 5.93

Canadian Pacific Kansas City 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 7.06 6.78 6.01 5.93 6.43

Competitive Comparison of Canadian Pacific Kansas City's Cyclically Adjusted PB Ratio

For the Railroads subindustry, Canadian Pacific Kansas City'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.


Canadian Pacific Kansas City's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

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

* The bar in red indicates where Canadian Pacific Kansas City's Cyclically Adjusted PB Ratio falls into.



Canadian Pacific Kansas City 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.

Canadian Pacific Kansas City's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=81.68/13.71
=5.96

* 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.

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

For example, Canadian Pacific Kansas City'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)
=33.922/125.4675*125.4675
=33.922

Current CPI (Mar. 2024) = 125.4675.

Canadian Pacific Kansas City Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.626 99.473 9.619
201409 7.533 99.394 9.509
201412 5.857 98.367 7.471
201503 5.236 99.789 6.583
201506 5.266 100.500 6.574
201509 3.913 100.421 4.889
201512 4.572 99.947 5.739
201603 5.228 101.054 6.491
201606 4.924 102.002 6.057
201609 4.871 101.765 6.006
201612 4.742 101.449 5.865
201703 5.131 102.634 6.273
201706 5.491 103.029 6.687
201709 6.251 103.345 7.589
201712 6.958 103.345 8.447
201803 6.924 105.004 8.273
201806 7.030 105.557 8.356
201809 7.671 105.636 9.111
201812 7.031 105.399 8.370
201903 7.291 106.979 8.551
201906 7.744 107.690 9.022
201909 7.926 107.611 9.241
201912 7.836 107.769 9.123
202003 7.348 107.927 8.542
202006 8.129 108.401 9.409
202009 8.519 108.164 9.882
202012 8.573 108.559 9.908
202103 9.389 110.298 10.680
202106 11.002 111.720 12.356
202109 11.204 112.905 12.451
202112 28.427 113.774 31.349
202203 28.868 117.646 30.787
202206 29.743 120.806 30.891
202209 30.479 120.648 31.697
202212 30.762 120.964 31.907
202303 31.027 122.702 31.726
202306 32.388 124.203 32.718
202309 32.768 125.230 32.830
202312 33.180 125.468 33.180
202403 33.922 125.468 33.922

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.


Canadian Pacific Kansas City  (NYSE:CP) 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.


Canadian Pacific Kansas City Cyclically Adjusted PB Ratio Related Terms

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


Canadian Pacific Kansas City (Canadian Pacific Kansas City) Business Description

Traded in Other Exchanges
Address
7550 Ogden Dale Road S.E., Calgary, AB, CAN, T2C 4X9
Canadian Pacific Kansas City is a Class-1 railroad operating on track that spans across most of Canada and into parts of the Midwestern and Northeastern United States. Following the April 2023 Kansas City Southern merger, CP operates new single-line-haul services from Canada and the Upper Midwest down through Texas, the Gulf of Mexico, and into Mexico. It also hauls cross border and intra Mexico freight via operating concessions on 3,300 miles of rail in Mexico. CP hauls shipments of grain, intermodal containers, energy products (like crude and frac sand), chemicals, plastics, coal, fertilizer and potash, automotive products, and a diverse mix of other merchandise.
Executives
John Kenneth Brooks officer: SVP & Chief Marketing Officer 7550 OGDEN DALE ROAD S.E., CALGARY A0 T2C 4X9
Mike Foran officer: VP Network Transportation 7550 OGDEN DALE ROAD S.E., CALGARY A0 T2C 4X9
Clements James Dominic Luther officer: VP Planning & Transportation 7550 OGDEN DALE ROAD S.E., CALGARY A0 T2C 4X9
Mark Kenneth Wallace officer: VP Corp Affrs & Chief of Staff 7550 OGDEN DALE ROAD S.E., CALGARY A0 T2C 4X9
E Hunter Harrison director, officer: Chief Executive Officer 2708 SHELTINGHAM, WELLINGTON FL 33414
Trafton Gordon T. Ii director 2632 SUTTON CIRCLE, NAPERVILLE IL 60564
Ubavka Rebecca Macdonald director 130 KING STREET WEST, TORONTO A6 M5X 1E1
Jane L Peverett director 1489 MARINE DRIVE, SUITE 802, WEST VANCOUVER A1 V7T 1B8
Peter John Edwards officer: VP HR & Labour Relations 7550 OGDEN DALE ROAD S.E., CALGARY A0 T2C 4X9
Robert Allen Johnson officer: Executive VP Operations 7550 OGDEN DALE ROAD S.E., CALGARY A0 T2C 4X9
John E Derry officer: Vice-President Human Resources 7550 OGDEN DALE ROAD S.E., CALGARY A0 T2C 4X9
William R. Fatt director 129 ROCHESTER AVENUE, TORONTO A6 M4N 1N9
Gillian H Denham director C/O CANADIAN PACIFIC RAILWAY LIMITED, 7550 OGDEN DALE ROAD S.E., CALGARY A0 T2C 4X9
Nadeem Velani officer: Interim VP and CFO 7550 OGDEN DALE ROAD S. E., CALGARY A0 T2C 4X9
Pershing Square Capital Management, L.p. director 787 11TH AVENUE, 9TH FLOOR, NEW YORK NY 10019