Canadian National Railway (CNI) Price to Book (2020 - 2026)
Canadian National Railway's (CNI) Price to Book came in at 4.72 for Q3 2026, up 21.8% from 3.88 a year earlier but down 0.6% from the prior quarter.
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Analysis
Canadian National Railway (CNI) Price to Book (2020 - 2026) Analysis & Trends
For FY2025, Canadian National Railway's Price to Book stood at 3.86, down 11.4% from FY2024.
- In prior years, Canadian National Railway's Price to Book was 4.35 in FY2024 (-18.2%), 5.32 in FY2023 (+5.0%), 5.07 in FY2022 (+4.8%) and 4.83 in FY2021 (-4.7%).
- Quarterly Price to Book has run from a low of 3.86 in Q4 2025 to a high of 5.78 in Q1 2024 over five years.
- On a year-over-year basis, Price to Book has increased in each of the last three quarters, with an average decline of 8.8% over the last eight quarters.
- The strongest year-over-year quarter for Price to Book in the past five years was Q3 2026, with growth of 21.8%; the weakest was Q1 2025, with a decline of 29.9%.
- According to Business Quant data, Price to Book for the three prior quarters was 4.75 (Q2 2026), 4.10 (Q1 2026) and 3.86 (Q4 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.72 |
| Jun 30, 2026 | 4.75 |
| Mar 31, 2026 | 4.10 |
| Dec 31, 2025 | 3.86 |
| Sep 30, 2025 | 3.88 |
| Jun 30, 2025 | 4.16 |
| Mar 31, 2025 | 4.06 |
| Dec 31, 2024 | 4.35 |
| Sep 30, 2024 | 5.24 |
| Jun 30, 2024 | 5.37 |
| Mar 31, 2024 | 5.78 |
| Dec 31, 2023 | 5.32 |
| Sep 30, 2023 | 4.92 |
| Jun 30, 2023 | 5.29 |
| Mar 31, 2023 | 5.14 |
| Dec 31, 2022 | 5.07 |
| Sep 30, 2022 | 4.71 |
| Jun 30, 2022 | 4.68 |
| Mar 31, 2022 | 5.38 |
| Dec 31, 2021 | 4.83 |
API Access
Canadian National Railway Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=CNI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "CNI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=CNI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();