Analysts Are Updating Their Canadian National Railway Company (TSE:CNR) Estimates After Its Third-Quarter Results
Nov 03
Have your own idea? Try our Stock Screener
Canadian (TSX) Transportation Industry Analysis
UpdatedNov 14, 2025
DataAggregated Company Financials
Companies4
- 7D0.2%
- 3M0.09%
- 1Y-11.1%
- YTD-9.6%
In the last week, the Transportation industry is up 1.5%, with Canadian Pacific Kansas City up 2.6%. In the past year, the industry is down 11%. Earnings are forecast to grow by 7.3% annually.
Industry Valuation and Performance
Has the Canadian Transportation Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 15 Nov 2025 | CA$187.1b | CA$45.6b | CA$9.4b | 19.6x | 19.8x | 4.1x |
| Mon, 13 Oct 2025 | CA$190.1b | CA$45.7b | CA$9.4b | 18.8x | 20.3x | 4.2x |
| Wed, 10 Sep 2025 | CA$187.6b | CA$45.6b | CA$9.4b | 19.3x | 20.1x | 4.1x |
| Fri, 08 Aug 2025 | CA$188.8b | CA$45.5b | CA$9.3b | 18.5x | 20.2x | 4.2x |
| Sun, 06 Jul 2025 | CA$204.9b | CA$45.6b | CA$9.0b | 20.2x | 22.8x | 4.5x |
| Tue, 03 Jun 2025 | CA$206.1b | CA$45.7b | CA$9.0b | 19.3x | 22.9x | 4.5x |
| Thu, 01 May 2025 | CA$187.4b | CA$45.3b | CA$8.8b | 18.3x | 21.3x | 4.1x |
| Sat, 29 Mar 2025 | CA$196.4b | CA$45.6b | CA$8.9b | 17.5x | 22.1x | 4.3x |
| Mon, 24 Feb 2025 | CA$208.1b | CA$45.5b | CA$8.9b | 19.9x | 23.4x | 4.6x |
| Wed, 22 Jan 2025 | CA$213.6b | CA$45.5b | CA$9.8b | 20.8x | 21.9x | 4.7x |
| Fri, 20 Dec 2024 | CA$209.4b | CA$45.5b | CA$9.8b | 21.2x | 21.4x | 4.6x |
| Sun, 17 Nov 2024 | CA$212.3b | CA$45.3b | CA$9.7b | 21.8x | 21.8x | 4.7x |
| Tue, 15 Oct 2024 | CA$223.3b | CA$44.3b | CA$9.7b | 21.6x | 23.1x | 5x |
| Thu, 12 Sep 2024 | CA$226.2b | CA$44.1b | CA$9.7b | 21.8x | 23.4x | 5.1x |
| Sat, 10 Aug 2024 | CA$214.8b | CA$44.2b | CA$9.7b | 21.6x | 22.2x | 4.9x |
| Mon, 08 Jul 2024 | CA$222.2b | CA$42.8b | CA$10.2b | 22.1x | 21.8x | 5.2x |
| Wed, 05 Jun 2024 | CA$224.6b | CA$42.8b | CA$10.2b | 21.6x | 22.1x | 5.2x |
| Fri, 03 May 2024 | CA$221.7b | CA$42.9b | CA$10.2b | 19.3x | 21.7x | 5.2x |
| Sun, 31 Mar 2024 | CA$245.1b | CA$41.6b | CA$10.4b | 20.3x | 23.6x | 5.9x |
| Tue, 27 Feb 2024 | CA$241.4b | CA$41.6b | CA$10.4b | 20.3x | 23.2x | 5.8x |
| Thu, 25 Jan 2024 | CA$223.6b | CA$40.3b | CA$10.7b | 19x | 20.9x | 5.6x |
| Sat, 23 Dec 2023 | CA$221.3b | CA$40.1b | CA$10.0b | 21.3x | 22.2x | 5.5x |
| Mon, 20 Nov 2023 | CA$208.7b | CA$40.5b | CA$10.0b | 18.4x | 20.9x | 5.2x |
| Wed, 18 Oct 2023 | CA$204.4b | CA$40.4b | CA$10.6b | 16.7x | 19.3x | 5.1x |
| Fri, 15 Sep 2023 | CA$213.5b | CA$40.3b | CA$10.6b | 17.5x | 20.2x | 5.3x |
| Sun, 13 Aug 2023 | CA$222.0b | CA$40.3b | CA$10.6b | 17.8x | 21x | 5.5x |
| Tue, 11 Jul 2023 | CA$212.4b | CA$40.3b | CA$10.4b | 12.2x | 20.5x | 5.3x |
| Thu, 08 Jun 2023 | CA$212.7b | CA$40.4b | CA$10.4b | 12x | 20.5x | 5.3x |
| Sat, 06 May 2023 | CA$222.7b | CA$40.4b | CA$10.3b | 15.8x | 21.5x | 5.5x |
| Mon, 03 Apr 2023 | CA$218.7b | CA$39.9b | CA$9.9b | 16.7x | 22.1x | 5.5x |
| Wed, 01 Mar 2023 | CA$216.1b | CA$40.0b | CA$9.9b | 16.6x | 21.9x | 5.4x |
| Fri, 27 Jan 2023 | CA$215.1b | CA$40.0b | CA$9.0b | 12.8x | 24x | 5.4x |
| Sun, 25 Dec 2022 | CA$219.7b | CA$39.4b | CA$8.8b | 12.2x | 25.1x | 5.6x |
| Tue, 22 Nov 2022 | CA$225.8b | CA$39.3b | CA$8.7b | 12.6x | 25.8x | 5.7x |
Price to Earnings Ratio
25.8x
Current Industry PE
- Investors are pessimistic on the Canadian Transportation industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 19.4x which is lower than its 3-year average PE of 22.0x.
- The 3-year average PS ratio of 5.1x is higher than the industry's current PS ratio of 4.0x.
Past Earnings Growth
- The earnings for companies in the Transportation industry have grown 2.6% per year over the last three years.
- Revenues for these companies have grown 5.2% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Canadian Industrials industry?
| CA Market | 1.57% | |
| Industrials | -0.028% | |
| Transportation | 0.24% | |
| Railroads | 0.36% | |
| Trucking | 0% | 0 |
| Cargo Ground Transportation | -1.55% | |
Industry PE
- Investors are most optimistic about the Cargo Ground Transportation industry, which is trading close to its 3-year average PE ratio of 18.7x.
- Analysts are expecting annual earnings growth of 17.0%, which is higher than its past year's earnings decline of 26.1% per year.
- Investors are most pessimistic about the Railroads industry, which is trading below its 3-year average of 22.5x.
Forecasted Growth
- Analysts are most optimistic on the Cargo Ground Transportation industry, expecting annual earnings growth of 17% over the next 5 years.
- This is better than its past earnings decline of 26% per year.
- In contrast, the Railroads industry is expected to see its earnings grow by 6.6% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CNR Canadian National Railway | CA$134.81 | 1.1% +CA$923.3m | -12.1% | PE18x | |
| MTL Mullen Group | CA$14.21 | 0.4% +CA$4.3m | -8.1% | PE13x |