Price to Book Value (P/BV)
since 2005
Calculation
Norfolk Southern Corp., P/BV, long-term trends, calculation
| P/BV | = | Share price1, 2, 3 | ÷ | Book value per share1 (BVPS) | BVPS1 | = | Stockholders’ equity1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 4, 2022 | 4.75 | = | 270.42 | ÷ | 56.89 | 56.89 | = | 13,641 | ÷ | 239,777,444 | |
| Feb 4, 2021 | 4.18 | = | 245.57 | ÷ | 58.72 | 58.72 | = | 14,791 | ÷ | 251,911,634 | |
| Feb 6, 2020 | 3.61 | = | 212.68 | ÷ | 58.89 | 58.89 | = | 15,184 | ÷ | 257,844,180 | |
| Feb 8, 2019 | 2.99 | = | 171.46 | ÷ | 57.44 | 57.44 | = | 15,362 | ÷ | 267,455,326 | |
| Feb 5, 2018 | 2.41 | = | 138.61 | ÷ | 57.60 | 57.60 | = | 16,359 | ÷ | 283,997,242 | |
| Feb 6, 2017 | 2.81 | = | 119.87 | ÷ | 42.71 | 42.71 | = | 12,409 | ÷ | 290,553,713 | |
| Feb 8, 2016 | 1.72 | = | 70.49 | ÷ | 40.87 | 40.87 | = | 12,188 | ÷ | 298,198,651 | |
| Feb 11, 2015 | 2.70 | = | 109.11 | ÷ | 40.36 | 40.36 | = | 12,408 | ÷ | 307,411,965 | |
| Feb 14, 2014 | 2.55 | = | 92.84 | ÷ | 36.45 | 36.45 | = | 11,289 | ÷ | 309,715,149 | |
| Feb 15, 2013 | 2.30 | = | 71.50 | ÷ | 31.03 | 31.03 | = | 9,760 | ÷ | 314,516,374 | |
| Feb 15, 2012 | 2.26 | = | 67.84 | ÷ | 30.02 | 30.02 | = | 9,911 | ÷ | 330,141,306 | |
| Feb 17, 2011 | 2.18 | = | 65.20 | ÷ | 29.96 | 29.96 | = | 10,669 | ÷ | 356,109,351 | |
| Feb 17, 2010 | 1.76 | = | 49.26 | ÷ | 28.01 | 28.01 | = | 10,353 | ÷ | 369,655,129 | |
| Feb 18, 2009 | 1.36 | = | 35.56 | ÷ | 26.22 | 26.22 | = | 9,607 | ÷ | 366,460,780 | |
| Feb 15, 2008 | 2.09 | = | 53.94 | ÷ | 25.85 | 25.85 | = | 9,727 | ÷ | 376,332,668 | |
| Feb 22, 2007 | 2.11 | = | 51.19 | ÷ | 24.22 | 24.22 | = | 9,615 | ÷ | 396,986,263 | |
| Feb 23, 2006 | 2.23 | = | 50.30 | ÷ | 22.53 | 22.53 | = | 9,289 | ÷ | 412,236,777 |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Norfolk Southern Corp. Annual Report.
Comparison to Competitors
Norfolk Southern Corp., P/BV, long-term trends, comparison to competitors
| Norfolk Southern Corp. | FedEx Corp. | Uber Technologies Inc. | Union Pacific Corp. | United Parcel Service Inc. | |
|---|---|---|---|---|---|
| Feb 4, 2022 | 4.75 | 3.26 | 4.71 | 10.90 | 12.76 |
| Feb 4, 2021 | 4.18 | 2.35 | 8.24 | 8.07 | 213.26 |
| Feb 6, 2020 | 3.61 | 2.49 | 3.99 | 7.00 | 27.98 |
| Feb 8, 2019 | 2.99 | 3.15 | — | 5.72 | 31.82 |
| Feb 5, 2018 | 2.41 | 3.60 | — | 3.99 | 90.21 |
| Feb 6, 2017 | 2.81 | 3.10 | — | 4.43 | 231.41 |
| Feb 8, 2016 | 1.72 | 3.23 | — | 3.07 | 34.99 |
| Feb 11, 2015 | 2.70 | 2.82 | — | 5.07 | 42.88 |
| Feb 14, 2014 | 2.55 | 1.89 | — | 3.79 | 13.65 |
| Feb 15, 2013 | 2.30 | 1.98 | — | 3.14 | 16.94 |
| Feb 15, 2012 | 2.26 | 1.96 | — | 3.00 | 10.46 |
| Feb 17, 2011 | 2.18 | 1.76 | — | 2.61 | 9.13 |
| Feb 17, 2010 | 1.76 | 1.31 | — | 1.85 | 7.64 |
| Feb 18, 2009 | 1.36 | 1.65 | — | 1.61 | 6.05 |
| Feb 15, 2008 | 2.09 | 2.86 | — | 2.11 | 5.96 |
| Feb 22, 2007 | 2.11 | 2.90 | — | 1.84 | 4.83 |
| Feb 23, 2006 | 2.23 | 2.63 | — | 1.73 | 5.05 |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Transportation)
Norfolk Southern Corp., P/BV, long-term trends, comparison to sector (transportation)
| Norfolk Southern Corp. | Transportation | |
|---|---|---|
| Feb 4, 2022 | 4.75 | 7.21 |
| Feb 4, 2021 | 4.18 | 8.74 |
| Feb 6, 2020 | 3.61 | 5.98 |
| Feb 8, 2019 | 2.99 | 6.40 |
| Feb 5, 2018 | 2.41 | 5.90 |
| Feb 6, 2017 | 2.81 | 6.59 |
| Feb 8, 2016 | 1.72 | 5.20 |
| Feb 11, 2015 | 2.70 | 6.28 |
| Feb 14, 2014 | 2.55 | 4.47 |
| Feb 15, 2013 | 2.30 | 4.34 |
| Feb 15, 2012 | 2.26 | 3.90 |
| Feb 17, 2011 | 2.18 | 3.63 |
| Feb 17, 2010 | 1.76 | 2.82 |
| Feb 18, 2009 | 1.36 | 2.44 |
| Feb 15, 2008 | 2.09 | 3.51 |
| Feb 22, 2007 | 2.11 | 3.22 |
| Feb 23, 2006 | 2.23 | 3.34 |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Industrials)
Norfolk Southern Corp., P/BV, long-term trends, comparison to industry (industrials)
| Norfolk Southern Corp. | Industrials | |
|---|---|---|
| Feb 4, 2022 | 4.75 | 5.49 |
| Feb 4, 2021 | 4.18 | 5.98 |
| Feb 6, 2020 | 3.61 | 6.61 |
| Feb 8, 2019 | 2.99 | 6.18 |
| Feb 5, 2018 | 2.41 | 5.53 |
| Feb 6, 2017 | 2.81 | 5.00 |
| Feb 8, 2016 | 1.72 | 3.75 |
| Feb 11, 2015 | 2.70 | 3.63 |
| Feb 14, 2014 | 2.55 | 3.11 |
| Feb 15, 2013 | 2.30 | 3.02 |
| Feb 15, 2012 | 2.26 | 3.08 |
| Feb 17, 2011 | 2.18 | 3.03 |
| Feb 17, 2010 | 1.76 | 2.39 |
| Feb 18, 2009 | 1.36 | 1.98 |
| Feb 15, 2008 | 2.09 | 3.47 |
| Feb 22, 2007 | 2.11 | 3.76 |
| Feb 23, 2006 | 2.23 | 3.45 |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).