Basis: FMP quote price / unrounded diluted EPS from four consecutive issuer fiscal quarters. 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 27.59 is 24% above its 5-year average of 22.34, around the middle of its 5-year range (14.36–39.75).
As of 2026-09-11T03:34:04.896Z. 14.51% above its 12-month average of 24.09.
Calculation as of: 2026-09-11T03:34:04.896Z.
Quote observation: 2026-09-10T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 48d4168ad9453a157b536cac16322a769c01222d6bdd39af219f4175b2eb61ae
PE Ratio (27.59) = Close Price ($323.30) / Diluted TTM EPS ($11.72)
PE RATIO
27.59
PE RATIO AVG TTM
24.09
PE RATIO AVG 3Y
24.88
PE RATIO AVG 5Y
22.34
PE RATIO AVG 10Y
21.35
PE RATIO AVG 15Y
18.50
PE RATIO AVG 20Y
16.88
CURRENT VS TTM AVG
+14.51%
CURRENT VS 3Y AVG
+10.88%
CURRENT VS 5Y AVG
+23.52%
CURRENT VS 10Y AVG
+29.23%
CURRENT VS 15Y AVG
+49.15%
CURRENT VS 20Y AVG
+63.44%
SECTOR MEDIAN · INDUSTRIALS
29.09
median of 126 covered companies
CURRENT VS SECTOR MEDIAN
-5.16%
vs the sector median at left
Norfolk Southern Corporation
Market Cap
$72.62B
PE Ratio
27.59
TTM Avg
24.09
3Y Avg
24.88
5Y Avg
22.34
Market Cap
$73.29B
PE Ratio
21.69
TTM Avg
19.99
3Y Avg
19.55
5Y Avg
20.50
Market Cap
$73.72B
PE Ratio
16.49
TTM Avg
20.40
3Y Avg
23.51
5Y Avg
19.47
Market Cap
$76.13B
PE Ratio
342.01
TTM Avg
3192.27
3Y Avg
3129.75
5Y Avg
3129.75
Market Cap
$78.10B
PE Ratio
28.80
TTM Avg
25.30
3Y Avg
25.77
5Y Avg
25.74
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Norfolk Southern Corporation (NSC) | $72.62B | 27.59 | 24.09 | 24.88 | 22.34 |
| Canadian National Railway Company (CNI)vs › | $73.29B | 21.69 | 19.99 | 19.55 | 20.50 |
| Northrop Grumman Corporation (NOC)vs › | $73.72B | 16.49 | 20.40 | 23.51 | 19.47 |
| FedEx Corporation (FDX)vs › | $73.77B | 17.00 | 15.09 | 13.37 | 12.69 |
| Cummins Inc. (CMI)vs › | $75.90B | 28.12 | 28.60 | 24.08 | 20.51 |
| Bloom Energy Corporation (BE)vs › | $76.13B | 342.01 | 3192.27 | 3129.75 | 3129.75 |
| Illinois Tool Works Inc. (ITW)vs › | $76.30B | 24.04 | 24.76 | 23.95 | 24.29 |
| Republic Services, Inc. (RSG)vs › | $68.02B | 31.31 | 31.56 | 33.17 | 32.46 |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $78.10B | 28.80 | 25.30 | 25.77 | 25.74 |
| Cintas Corporation (CTAS)vs › | $79.41B | 40.42 | 40.54 | 45.41 | 42.00 |
At 27.6, P/E is above its 20-year median — higher than 92% of readings in its 20-year history.
20-year low
5.9
median
17.0
20-year high
39.8
Trailing P/E
27.6
Forward P/E
24.9
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$323.30
Forward EPS (Est.)
$12.98
Forward P/E
24.90
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 |
|---|---|
| 2026-09-10 | 27.59 |
| 2026-09-09 | 27.59 |
| 2026-09-08 | 27.98 |
| 2026-09-04 | 28.11 |
| 2026-09-03 | 27.97 |
| 2026-09-02 | 28.16 |
| 2026-09-01 | 28.41 |
| 2026-08-31 | 29.25 |
| 2026-08-28 | 29.75 |
| 2026-08-27 | 29.69 |
| 2026-08-26 | 30.09 |
| 2026-08-25 | 29.97 |
| 2026-08-24 | 30.12 |
| 2026-08-21 | 29.92 |
| 2026-08-20 | 29.58 |
| 2026-08-19 | 29.50 |
| 2026-08-18 | 28.92 |
| 2026-08-17 | 29.11 |
| 2026-08-14 | 28.53 |
| 2026-08-13 | 28.83 |
| 2026-08-12 | 28.62 |
| 2026-08-11 | 28.55 |
| 2026-08-10 | 28.49 |
| 2026-08-07 | 28.53 |
| 2026-08-06 | 29.22 |
| 2026-08-05 | 29.16 |
| 2026-08-04 | 29.12 |
| 2026-08-03 | 28.72 |
| 2026-07-31 | 28.62 |
| 2026-07-30 | 28.49 |
| 2026-07-29 | 28.65 |
| 2026-07-28 | 28.91 |
| 2026-07-27 | 29.30 |
| 2026-07-24 | 29.92 |
| 2026-07-23 | 29.36 |
| 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 | 25.08 |
| 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 | 23.32 |
| 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 | 19.18 |
| 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 |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.