Canadian Price Sales Ratio from 2010 to 2024

CNI Stock  USD 111.26  1.62  1.48%   
Canadian National's Price Sales Ratio is increasing with slightly volatile movements from year to year. Price Sales Ratio is estimated to finish at 6.83 this year. For the period between 2010 and 2024, Canadian National, Price Sales Ratio quarterly trend regression had mean deviation of  1.15 and range of 6.5372. View All Fundamentals
 
Price Sales Ratio  
First Reported
2010-12-31
Previous Quarter
6.50938525
Current Value
6.83
Quarterly Volatility
1.61395581
 
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Check Canadian National financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canadian National's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.9 B, Interest Expense of 758.1 M or Selling General Administrative of 455.1 M, as well as many indicators such as Price To Sales Ratio of 6.83, Dividend Yield of 0.0122 or PTB Ratio of 5.72. Canadian financial statements analysis is a perfect complement when working with Canadian National Valuation or Volatility modules.
  
Check out the analysis of Canadian National Correlation against competitors.

Latest Canadian National's Price Sales Ratio Growth Pattern

Below is the plot of the Price Sales Ratio of Canadian National Railway over the last few years. It is Canadian National's Price Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Canadian National's overall financial position and show how it may be relating to other accounts over time.
Price Sales Ratio10 Years Trend
Slightly volatile
   Price Sales Ratio   
       Timeline  

Canadian Price Sales Ratio Regression Statistics

Arithmetic Mean5.43
Geometric Mean5.05
Coefficient Of Variation29.72
Mean Deviation1.15
Median5.67
Standard Deviation1.61
Sample Variance2.60
Range6.5372
R-Value0.84
Mean Square Error0.81
R-Squared0.71
Significance0.00008
Slope0.30
Total Sum of Squares36.47

Canadian Price Sales Ratio History

2024 6.83
2023 6.51
2022 6.45
2021 7.6
2020 7.2
2019 5.67
2018 5.19

About Canadian National Financial Statements

Investors use fundamental indicators, such as Canadian National's Price Sales Ratio, to determine how well the company is positioned to perform in the future. Although Canadian National's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Price Sales Ratio 6.51  6.83 

Currently Active Assets on Macroaxis

When determining whether Canadian National Railway offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Canadian National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Canadian National Railway Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Canadian National Railway Stock:
Check out the analysis of Canadian National Correlation against competitors.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canadian National. If investors know Canadian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canadian National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.018
Dividend Share
3.325
Earnings Share
6.01
Revenue Per Share
26.896
Quarterly Revenue Growth
0.031
The market value of Canadian National Railway is measured differently than its book value, which is the value of Canadian that is recorded on the company's balance sheet. Investors also form their own opinion of Canadian National's value that differs from its market value or its book value, called intrinsic value, which is Canadian National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canadian National's market value can be influenced by many factors that don't directly affect Canadian National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canadian National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.