Norfolk Southern (NSC) Price to Book (2009 - 2026)

Norfolk Southern (NSC) has reported Price to Book for 18 consecutive years, with 4.35 the latest figure, recorded in Q2 2026.

• On a quarterly basis, Price to Book rose 11.81% year-over-year to 4.35 in Q2 2026; TTM through Jun 2026 was 4.35, a 11.81% increase from a year earlier, with the FY2025 full-year figure at 4.17, up 12.25% from the prior year.
• Price to Book was 4.35 for Q2 2026 at Norfolk Southern, up from 4.08 in the prior quarter.
• Over five years, Price to Book peaked at 5.05 in Q1 2022 and troughed at 3.53 in Q3 2023.
• A 5-year average of 4.09 and a median of 4.08 in 2023 frame the typical range for Price to Book.
• Across the five-year window, Price to Book slipped 24.91% in 2023 and grew 21.13% in 2024, its largest moves.
• Over 5 years, Price to Book stood at 4.41 in 2022, then slipped by 5.44% to 4.17 in 2023, then decreased by 11.04% to 3.71 in 2024, then grew by 12.25% to 4.17 in 2025, then rose by 4.31% to 4.35 in 2026.
• The last three Price to Book figures came in at 4.35 (Q2 2026), 4.08 (Q1 2026), and 4.17 (Q4 2025), per Business Quant data.