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CSX (UKEX:CSX) Cyclically Adjusted PB Ratio : 6.13 (As of May. 24, 2024)


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What is CSX Cyclically Adjusted PB Ratio?

As of today (2024-05-24), 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: 5.54

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
91.78% of 706 companies
in the Transportation industry
Industry Median: 1.255 vs UKEX:CSX: 5.54

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 ₴258.754. 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)
=258.754/131.7762*131.7762
=258.754

Current CPI (Mar. 2024) = 131.7762.

CSX Quarterly Data

Book Value per Share CPI Adj_Book
201406 145.722 100.560 190.959
201409 149.520 100.428 196.192
201412 150.478 99.070 200.156
201503 153.298 99.621 202.779
201506 157.334 100.684 205.920
201509 159.879 100.392 209.861
201512 161.456 99.792 213.203
201603 162.341 100.470 212.925
201606 164.305 101.688 212.921
201609 166.571 101.861 215.491
201612 168.457 101.863 217.927
201703 169.093 102.862 216.624
201706 169.817 103.349 216.527
201709 163.056 104.136 206.336
201712 221.160 104.011 280.197
201803 219.860 105.290 275.168
201806 218.344 106.317 270.630
201809 217.468 106.507 269.064
201812 205.575 105.998 255.570
201903 205.587 107.251 252.600
201906 205.868 108.070 251.028
201909 202.987 108.329 246.921
201912 205.162 108.420 249.358
202003 207.583 108.902 251.186
202006 212.577 108.767 257.546
202009 222.508 109.815 267.006
202012 229.832 109.897 275.589
202103 232.415 111.754 274.054
202106 239.138 114.631 274.905
202109 238.314 115.734 271.347
202112 246.007 117.630 275.593
202203 243.494 121.301 264.521
202206 246.255 125.017 259.569
202209 245.894 125.227 258.755
202212 245.193 125.222 258.027
202303 243.459 127.348 251.925
202306 245.581 128.729 251.395
202309 242.831 129.860 246.415
202312 248.676 129.419 253.205
202403 258.754 131.776 258.754

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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