Canadian National Railway (CNI) Valuation

Historical valuation analysis based on 500 data points (2024-08-30 to 2026-08-28)

Canadian National's railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2025, CN generated CAD 17.7 billion in revenue by hauling intermodal containers (2...

Canadian National Railway (CNI) currently trades at a P/E ratio of 16.63 (historical range: 16.54–17.25, median: 16.82), placing it at the 7th percentile — cheap relative to its history, P/S ratio of 4.54 (range: 4.51–4.71, 7th percentile — cheap relative to its history), EV/EBITDA of 15.13 (range: 15.06–15.58, 7th percentile).

Canadian National Railway appears significantly undervalued relative to its historical range, trading at depressed multiples across most metrics.

Historical Valuation Metrics

MetricCurrentMinMedianMaxPercentileAssessment
P/E Ratio16.6316.5416.8217.257thcheap relative to its history
P/S Ratio4.544.514.594.717thcheap relative to its history
EV/EBITDA15.1315.0615.2715.587thcheap relative to its history
Current Price: $119.64
Market Cap: $72.4B
Sector: Industrials