P/E ratio for Canadian Pacific Railway (CP)

P/E ratio history for Canadian Pacific Railway from 2002 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Kansas City Southern KSU	N/A	N/A	🇺🇸 USA
Norfolk Southern NSC	29.2	27.57%	🇺🇸 USA
Canadian National Railway CNI	20.3	-11.47%	🇨🇦 Canada
CSX Corporation CSX	19.0	-17.01%	🇺🇸 USA
Union Pacific Corporation UNP	23.2	1.31%	🇺🇸 USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.