Canadian Pacific Kansas City Ltd.CP

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

$89.77+0.54 (+0.61%)Previous close
NYSEIndustrials

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

2.3Historically cheap

CP's p/b is lower than 83% of the last 10 years.

P/B History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
CP P/B historyCP P/B from Sep 2023 to Sep 2026: low 1.36, high 2.71, latest 2.33.1.251.642.042.432.82Sep 23Apr 24Jan 25Aug 25Feb 26Sep 26med 2.19

CP P/B by year

Yearly range of CP’s p/b from 2016 to 2026. Over the full period it ranged from 1.4 to 8.8, averaging 4.5.

CP P/B — yearly low, average, high and year-end values
YearLowAverageHighYear-end
20261.92.22.52.3
20251.41.92.21.9
20242.02.42.72.0
20232.12.42.62.3
20221.92.42.82.5
20211.97.48.81.9
20205.16.98.18.1
20195.06.06.56.5
20184.65.56.05.2
20175.56.06.56.3
20165.96.26.66.0

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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 CP P/B High or Low Right Now?

Canadian Pacific Kansas City Ltd.'s P/B is currently 2.3, which is historically cheap relative to its 10-year historical range. The 10-year median P/B for CP is approximately 4.2. See all CP valuation metrics →

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