Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the P/E ratio high or low?
The P/E ratio of 28.91 is 28% above its 5-year average of 22.67, around the middle of its 5-year range (14.36–38.82).
As of Wednesday, July 29, 2026. 26.31% above its 12-month average of 22.89.
PE Ratio (28.91) = Close Price ($335.74) / Diluted TTM EPS ($11.61)
PE RATIO
28.91
PE RATIO AVG TTM
22.89
PE RATIO AVG 3Y
24.49
PE RATIO AVG 5Y
22.04
PE RATIO AVG 10Y
21.36
PE RATIO AVG 15Y
18.36
PE RATIO AVG 20Y
16.76
CURRENT VS TTM AVG
+26.31%
CURRENT VS 3Y AVG
+18.04%
CURRENT VS 5Y AVG
+31.16%
CURRENT VS 10Y AVG
+35.38%
CURRENT VS 15Y AVG
+57.47%
CURRENT VS 20Y AVG
+72.52%
SECTOR MEDIAN · INDUSTRIALS
32.30
median of 119 covered companies
CURRENT VS SECTOR MEDIAN
-10.50%
vs the sector median at left
Norfolk Southern Corporation
Market Cap
$75.41B
PE Ratio
28.91
TTM Avg
22.89
3Y Avg
24.49
5Y Avg
22.04
Market Cap
$76.01B
PE Ratio
17.45
TTM Avg
20.89
3Y Avg
23.38
5Y Avg
19.36
Market Cap
$76.42B
PE Ratio
9.14
TTM Avg
12.98
3Y Avg
12.42
5Y Avg
12.78
Market Cap
$78.76B
PE Ratio
23.51
TTM Avg
19.46
3Y Avg
19.44
5Y Avg
20.55
Market Cap
$70.73B
PE Ratio
40.82
TTM Avg
41.66
3Y Avg
46.54
5Y Avg
49.94
Market Cap
$81.04B
PE Ratio
26.07
TTM Avg
24.02
3Y Avg
25.40
5Y Avg
25.41
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Norfolk Southern Corporation (NSC) | $75.41B | 28.91 | 22.89 | 24.49 | 22.04 |
| Northrop Grumman Corporation (NOC)vs › | $76.01B | 17.45 | 20.89 | 23.38 | 19.36 |
| Honeywell International Inc. (HON)vs › | $76.42B | 9.14 | 12.98 | 12.42 | 12.78 |
| FedEx Corporation (FDX)vs › | $73.01B | 17.05 | 14.26 | 13.20 | 12.54 |
| Canadian National Railway Company (CNI)vs › | $78.76B | 23.51 | 19.46 | 19.44 | 20.55 |
| TransDigm Group Incorporated (TDG)vs › | $70.73B | 40.82 | 41.66 | 46.54 | 49.94 |
| PACCAR Inc (PCAR)vs › | $70.45B | 29.04 | 22.35 | 15.62 | 15.39 |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $81.04B | 26.07 | 24.02 | 25.40 | 25.41 |
| Emerson Electric Co. (EMR)vs › | $81.62B | 35.06 | 32.39 | 31.39 | 29.35 |
| Republic Services, Inc. (RSG)vs › | $67.35B | 31.08 | 32.00 | 33.11 | 32.53 |
At 28.9, P/E is richer than usual, sitting higher than 93% of its 20-year history.
20-year low
5.9
median
17.0
20-year high
38.8
Trailing P/E
28.9
Forward P/E
26.4
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$335.74
Forward EPS (Est.)
$12.83
Forward P/E
26.41
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
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
| DATE | PE RATIO |
|---|---|
| 2026-07-28 | 28.91 |
| 2026-07-27 | 29.30 |
| 2026-07-24 | 29.92 |
| 2026-07-23 | 29.74 |
| 2026-07-22 | 27.88 |
| 2026-07-21 | 27.91 |
| 2026-07-20 | 28.22 |
| 2026-07-17 | 28.66 |
| 2026-07-16 | 28.48 |
| 2026-07-15 | 27.68 |
| 2026-07-14 | 27.53 |
| 2026-07-13 | 27.60 |
| 2026-07-10 | 27.59 |
| 2026-07-09 | 27.28 |
| 2026-07-08 | 26.89 |
| 2026-07-07 | 27.19 |
| 2026-07-06 | 27.12 |
| 2026-07-02 | 27.19 |
| 2026-07-01 | 26.87 |
| 2026-06-30 | 26.50 |
| 2026-06-29 | 26.68 |
| 2026-06-26 | 26.35 |
| 2026-06-25 | 26.29 |
| 2026-06-24 | 25.60 |
| 2026-06-23 | 25.56 |
| 2026-06-22 | 25.63 |
| 2026-06-18 | 25.28 |
| 2026-06-17 | 25.32 |
| 2026-06-16 | 26.18 |
| 2026-06-15 | 26.14 |
| 2026-06-12 | 26.45 |
| 2026-06-11 | 26.16 |
| 2026-06-10 | 26.03 |
| 2026-06-09 | 26.31 |
| 2026-06-08 | 26.11 |
| 2026-06-05 | 26.41 |
| 2026-06-04 | 25.88 |
| 2026-06-03 | 25.70 |
| 2026-06-02 | 25.91 |
| 2026-06-01 | 25.71 |
| 2026-05-29 | 25.69 |
| 2026-05-28 | 25.94 |
| 2026-05-27 | 27.44 |
| 2026-05-26 | 26.98 |
| 2026-05-22 | 26.50 |
| 2026-05-21 | 26.24 |
| 2026-05-20 | 26.27 |
| 2026-05-19 | 26.81 |
| 2026-05-18 | 26.97 |
| 2026-05-15 | 26.62 |
| 2026-05-14 | 26.76 |
| 2026-05-13 | 26.17 |
| 2026-05-12 | 26.31 |
| 2026-05-11 | 26.21 |
| 2026-05-08 | 26.29 |
| 2026-05-07 | 26.40 |
| 2026-05-06 | 26.73 |
| 2026-05-05 | 26.42 |
| 2026-05-04 | 26.26 |
| 2026-05-01 | 26.61 |
| 2026-04-30 | 26.61 |
| 2026-04-29 | 26.29 |
| 2026-04-28 | 26.68 |
| 2026-04-27 | 26.87 |
| 2026-04-24 | 26.93 |
| 2026-04-23 | 25.21 |
| 2026-04-22 | 23.40 |
| 2026-04-21 | 23.70 |
| 2026-04-20 | 23.85 |
| 2026-04-17 | 23.72 |
| 2026-04-16 | 23.74 |
| 2026-04-15 | 23.35 |
| 2026-04-14 | 23.51 |
| 2026-04-13 | 23.34 |
| 2026-04-10 | 23.24 |
| 2026-04-09 | 23.16 |
| 2026-04-08 | 23.07 |
| 2026-04-07 | 22.63 |
| 2026-04-06 | 22.59 |
| 2026-04-02 | 22.59 |
| 2026-04-01 | 22.51 |
| 2026-03-31 | 22.51 |
| 2026-03-30 | 22.14 |
| 2026-03-27 | 22.22 |
| 2026-03-26 | 22.22 |
| 2026-03-25 | 22.17 |
| 2026-03-24 | 22.25 |
| 2026-03-23 | 22.35 |
| 2026-03-20 | 22.05 |
| 2026-03-19 | 21.82 |
| 2026-03-18 | 22.30 |
| 2026-03-17 | 22.85 |
| 2026-03-16 | 22.80 |
| 2026-03-13 | 22.70 |
| 2026-03-12 | 22.84 |
| 2026-03-11 | 23.34 |
| 2026-03-10 | 23.41 |
| 2026-03-09 | 23.72 |
| 2026-03-06 | 23.75 |
| 2026-03-05 | 24.39 |
| 2026-03-04 | 24.93 |
| 2026-03-03 | 24.88 |
| 2026-03-02 | 24.90 |
| 2026-02-27 | 24.69 |
| 2026-02-26 | 24.55 |
| 2026-02-25 | 24.46 |
| 2026-02-24 | 24.79 |
| 2026-02-23 | 24.71 |
| 2026-02-20 | 24.80 |
| 2026-02-19 | 24.63 |
| 2026-02-18 | 24.84 |
| 2026-02-17 | 24.79 |
| 2026-02-13 | 24.70 |
| 2026-02-12 | 24.67 |
| 2026-02-11 | 24.89 |
| 2026-02-10 | 24.74 |
| 2026-02-09 | 23.98 |
| 2026-02-06 | 23.38 |
| 2026-02-05 | 23.41 |
| 2026-02-04 | 23.41 |
| 2026-02-03 | 22.76 |
| 2026-02-02 | 22.23 |
| 2026-01-30 | 22.22 |
| 2026-01-29 | 22.13 |
| 2026-01-28 | 21.70 |
| 2026-01-27 | 22.04 |
| 2026-01-26 | 21.99 |
| 2026-01-23 | 21.92 |
| 2026-01-22 | 22.05 |
| 2026-01-21 | 22.05 |
| 2026-01-20 | 21.39 |
| 2026-01-16 | 22.17 |
| 2026-01-15 | 22.18 |
| 2026-01-14 | 21.84 |
| 2026-01-13 | 21.98 |
| 2026-01-12 | 22.02 |
| 2026-01-09 | 21.91 |
| 2026-01-08 | 22.10 |
| 2026-01-07 | 21.67 |
| 2026-01-06 | 22.21 |
| 2026-01-05 | 21.96 |
| 2026-01-02 | 21.95 |
| 2025-12-31 | 22.02 |
| 2025-12-30 | 22.13 |
| 2025-12-29 | 22.28 |
| 2025-12-26 | 22.19 |
| 2025-12-24 | 22.33 |
| 2025-12-23 | 22.26 |
| 2025-12-22 | 22.24 |
| 2025-12-19 | 22.23 |
| 2025-12-18 | 22.26 |
| 2025-12-17 | 22.46 |
| 2025-12-16 | 22.43 |
| 2025-12-15 | 22.84 |
| 2025-12-12 | 22.65 |
| 2025-12-11 | 22.43 |
| 2025-12-10 | 22.45 |
| 2025-12-09 | 22.08 |
| 2025-12-08 | 22.35 |
| 2025-12-05 | 22.44 |
| 2025-12-04 | 22.51 |
| 2025-12-03 | 22.43 |
| 2025-12-02 | 22.25 |
| 2025-12-01 | 22.11 |
| 2025-11-28 | 22.28 |
| 2025-11-26 | 22.12 |
| 2025-11-25 | 22.05 |
| 2025-11-24 | 21.59 |
| 2025-11-21 | 21.84 |
| 2025-11-20 | 21.37 |
| 2025-11-19 | 21.49 |
| 2025-11-18 | 21.41 |
| 2025-11-17 | 21.47 |
| 2025-11-14 | 21.66 |
| 2025-11-13 | 21.63 |
| 2025-11-12 | 21.85 |
| 2025-11-11 | 21.94 |
| 2025-11-10 | 21.89 |
| 2025-11-07 | 21.68 |
| 2025-11-06 | 21.52 |
| 2025-11-05 | 21.42 |
| 2025-11-04 | 21.65 |
| 2025-11-03 | 21.52 |
| 2025-10-31 | 21.62 |
| 2025-10-30 | 21.48 |
| 2025-10-29 | 21.32 |
| 2025-10-28 | 21.39 |
| 2025-10-27 | 21.48 |
| 2025-10-24 | 21.40 |
| 2025-10-23 | 21.65 |
| 2025-10-22 | 19.50 |
| 2025-10-21 | 19.58 |
| 2025-10-20 | 19.67 |
| 2025-10-17 | 19.58 |
| 2025-10-16 | 19.49 |
| 2025-10-15 | 19.57 |
| 2025-10-14 | 19.62 |
| 2025-10-13 | 19.57 |
| 2025-10-10 | 19.48 |
| 2025-10-09 | 19.92 |
| 2025-10-08 | 20.04 |
| 2025-10-07 | 19.99 |
| 2025-10-06 | 20.25 |
| 2025-10-03 | 20.28 |
| 2025-10-02 | 20.16 |
| 2025-10-01 | 20.18 |
| 2025-09-30 | 20.30 |
| 2025-09-29 | 20.24 |
| 2025-09-26 | 20.10 |
| 2025-09-25 | 19.90 |
| 2025-09-24 | 19.82 |
| 2025-09-23 | 19.74 |
| 2025-09-22 | 19.63 |
| 2025-09-19 | 19.17 |
| 2025-09-18 | 19.10 |
| 2025-09-17 | 18.78 |
| 2025-09-16 | 18.79 |
| 2025-09-15 | 18.73 |
| 2025-09-12 | 18.56 |
| 2025-09-11 | 18.51 |
| 2025-09-10 | 18.40 |
| 2025-09-09 | 18.48 |
| 2025-09-08 | 18.62 |
| 2025-09-05 | 18.77 |
| 2025-09-04 | 18.90 |
| 2025-09-03 | 18.80 |
| 2025-09-02 | 18.80 |
| 2025-08-29 | 18.92 |
| 2025-08-28 | 18.77 |
| 2025-08-27 | 18.40 |
| 2025-08-26 | 18.69 |
| 2025-08-25 | 18.74 |
| 2025-08-22 | 19.23 |
| 2025-08-21 | 19.21 |
| 2025-08-20 | 19.29 |
| 2025-08-19 | 19.29 |
| 2025-08-18 | 18.90 |
| 2025-08-15 | 18.97 |
| 2025-08-14 | 19.09 |
| 2025-08-13 | 19.04 |
| 2025-08-12 | 18.80 |
| 2025-08-11 | 18.81 |
| 2025-08-08 | 18.92 |
| 2025-08-07 | 18.95 |
| 2025-08-06 | 19.12 |
| 2025-08-05 | 18.91 |
| 2025-08-04 | 18.79 |
| 2025-08-01 | 18.57 |
| 2025-07-31 | 18.78 |
| 2025-07-30 | 18.85 |
| 2025-07-29 | 18.76 |
| 2025-07-28 | 19.56 |
| 2025-07-25 | 19.29 |
| 2025-07-24 | 18.99 |
| 2025-07-23 | 19.14 |
| 2025-07-22 | 19.14 |
| 2025-07-21 | 18.95 |
| 2025-07-18 | 18.90 |
| 2025-07-17 | 18.43 |
| 2025-07-16 | 17.78 |
Showing the most recent 260 of 5,030 data points. The chart above shows the full history.