Canadian National Railway CompanyCNI

Where CNI's P/B sits inside its own 10-year distribution, with the yearly high, low and average.

$122.25+1.09 (+0.90%)Previous close
NYSEIndustrials

CNI P/B: current value, 10-year range and year-by-year history

4.7Below average

CNI's p/b is lower than 65% of the last 10 years.

P/B History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
CNI P/B historyCNI P/B from Sep 2023 to Sep 2026: low 3.71, high 5.81, latest 4.7.3.544.154.765.375.98Sep 23Apr 24Nov 24Jul 25Feb 26Sep 26med 4.73

CNI P/B by year

Yearly range of CNI’s p/b from 2016 to 2026. Over the full period it ranged from 3.7 to 7.0, averaging 4.9.

CNI P/B — yearly low, average, high and year-end values
YearLowAverageHighYear-end
20263.74.45.14.7
20253.74.14.63.9
20244.45.35.84.4
20234.75.15.55.5
20224.54.95.45.0
20214.45.47.04.8
20203.84.85.45.1
20194.14.85.34.7
20184.04.75.04.2
20174.65.25.65.5
20164.24.54.74.6

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How much the market pays relative to the company's accounting net worth (assets minus liabilities). P/B < 1 means the market values the company below what the books say it owns.

FormulaPrice / Book Value Per Share
Full guide
How to read this chart

Most useful for asset-heavy businesses: banks, insurers, REITs. A P/B near its historical low suggests the market is paying unusually little for the net assets.

Key caveats
  • Goodwill and intangibles from acquisitions can inflate book value significantly — some analysts prefer tangible book value.
  • Low P/B in technology or software companies is usually irrelevant: their value is in IP and people, not balance sheet assets.

Is CNI P/B High or Low Right Now?

Canadian National Railway Company's P/B is currently 4.7, which is below average relative to its 10-year historical range. The 10-year median P/B for CNI is approximately 4.9. See all CNI valuation metrics →

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