Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 15.48.
Forward PE Ratio (15.48) = Close Price ($129.84) / Consensus Forward EPS ($8.39)
FORWARD PE RATIO
15.48
SECTOR MEDIAN · INDUSTRIALS
24.18
median of 120 covered companies
CURRENT VS SECTOR MEDIAN
-35.99%
vs the sector median at left
Canadian National Railway Company
Market Cap
$78.54B
Forward PE Ratio
15.48
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Canadian National Railway Company (CNI) | $78.54B | 15.48 |
| Norfolk Southern Corporation (NSC)vs › | $78.77B | 27.07 |
| Northrop Grumman Corporation (NOC)vs › | $78.28B | 19.04 |
| FedEx Corporation (FDX)vs › | $76.91B | 16.37 |
| Cummins Inc. (CMI)vs › | $81.09B | 19.89 |
| Illinois Tool Works Inc. (ITW)vs › | $81.21B | 24.70 |
| Cintas Corporation (CTAS)vs › | $81.55B | 41.63 |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $85.00B | 18.12 |
| United Parcel Service, Inc. (UPS)vs › | $86.66B | 14.18 |
| Emerson Electric Co. (EMR)vs › | $88.06B | 23.99 |
Trailing P/E
23.2
reported TTM EPS
Forward P/E
15.5
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $8.39 implies +50.1% EPS growth vs the reported trailing $5.59.
At today's $129.84 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| Fiscal year end |
|---|
| Consensus EPS |
|---|
| Estimate range |
|---|
| Analysts |
|---|
| Implied P/E |
|---|
| 2026-12-31 | $8.39 | $8.28 – $8.50 | 19 | 15.5x |
| 2027-12-31 | $9.26 | $9.06 – $9.55 | 19 | 14.0x |
| 2028-12-31 | $10.27 | $9.98 – $10.60 | 9 | 12.6x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
