Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 17.46 as of Monday, August 10, 2026.
Forward PE Ratio (17.46) = Close Price ($91.12) / Consensus Forward EPS ($5.25)
FORWARD PE RATIO
17.46
SECTOR MEDIAN · INDUSTRIALS
25.16
median of 120 covered companies
CURRENT VS SECTOR MEDIAN
-30.59%
vs the sector median at left
Canadian Pacific Kansas City Ltd.
Market Cap
$80.10B
Forward PE Ratio
17.46
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Canadian Pacific Kansas City Ltd. (CP) | $80.10B | 17.46 |
| Cintas Corporation (CTAS)vs › | $80.99B | 41.48 |
| Northrop Grumman Corporation (NOC)vs › | $82.31B | 19.82 |
| Honeywell International Inc. (HON)vs › | $77.24B | 29.59 |
| FedEx Corporation (FDX)vs › | $76.83B | 16.04 |
| Canadian National Railway Company (CNI)vs › | $75.79B | 15.41 |
| Norfolk Southern Corporation (NSC)vs › | $75.53B | 25.97 |
| Illinois Tool Works Inc. (ITW)vs › | $84.98B | 26.00 |
| Cummins Inc. (CMI)vs › | $88.46B | 21.83 |
| United Parcel Service, Inc. (UPS)vs › | $88.53B | 14.55 |
Trailing P/E
27.4
reported TTM EPS
Forward P/E
17.5
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $5.25 implies +56.7% EPS growth vs the reported trailing $3.35.
At today's $91.12 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.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $5.25 | $5.13 – $5.33 | 15 | 17.4x |
| 2027-12-31 | $6.07 | $5.87 – $6.38 | 16 | 15.0x |
| 2028-12-31 | $6.93 | $6.59 – $7.23 | 4 | 13.2x |
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.
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
