• Canadian National Railway average price/book ratio for 2024 was 5.3, a 6.85% decline from 2023.
• Canadian National Railway average price/book ratio for 2023 was 4.96, a 9.25% increase from 2022.
• Canadian National Railway average price/book ratio for 2022 was 4.54, a 0.89% increase from 2021.

Price/book ratio can be defined as