Post by
Bertanderson on May 11, 2022 4:24pm
P/E Ratio is it High?
CNR has a P/E of about 21 which seems high if the economy is slowing down. In fact, in general it seems a bit high. I would put a reasonable P/E at about 25% lower or around 16 or 17. CNR has been a great investment, so if you are in for the long haul, there is nothing to worry about. This is a great stock.
Comment by
Buyreallow on May 11, 2022 4:45pm
PE Ratios CP 22.6 CSX 18.8 NSC 19.1 CN 21.1 Cdn rails have quite often hade pe's several points above the us roads. Seems in line to me.