Canadian Natural Resources Ltd (CNQ) is now in the Overvalued zone, suggesting that its current forward PE ratio of 16.08 is considered Overvalued compared with the five-year average of 10.28. The fair price of Canadian Natural Resources Ltd (CNQ) is between 25.21 to 38.25 according to relative valuation method. Compared to the current price of 44.93 USD , Canadian Natural Resources Ltd By Overvalued By 17.47%.

Relative Value

Fair Zone

25.21-38.25

Current Price：44.93

17.47%

Overvalued

P/E

EV/EBITDA

EV/EBIT

P/S

P/OCF

P/FCF

Trailing

Forward

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Canadian Natural Resources Ltd (CNQ) has a current Price-to-Book (P/B) ratio of 2.43. Compared to its 3-year average P/B ratio of 2.38, the current P/B ratio is approximately 2.14% higher. Relative to its 5-year average P/B ratio of 2.19, the current P/B ratio is about 10.87% higher. Canadian Natural Resources Ltd (CNQ) has a Forward Free Cash Flow (FCF) yield of approximately 8.28%. Compared to its 3-year average FCF yield of 9.96%, the current FCF yield is approximately -16.86% lower. Relative to its 5-year average FCF yield of 10.87%, the current FCF yield is about -23.81% lower.

Competitors Valuation Multiple

AI Analysis

The average P/S ratio for CNQ competitors is 1.26, providing a benchmark for relative valuation. Canadian Natural Resources Ltd Corp (CNQ.N) exhibits a P/S ratio of 2.59, which is 105.08% above the industry average. Given its robust revenue growth of 7.01%, this premium appears unsustainable.

P/E

P/S

EV/EBITDA

EV/EBIT

Earnings Growth

Market Cap

Performance Decomposition

AI Analysis

Market capitalization of CNQ increased by 0.00% over the past 1 year(s). The primary factor behind the change was an decrease in Unknown from 0.00 to 0.00.

The secondary factor is the Unknown, contributed 0.00% to the performance.

Overall, the performance of CNQ in the past 1 year(s) is driven by Unknown.

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Frequently Asked Questions

Is CNQ currently overvalued or undervalued?

Canadian Natural Resources Ltd (CNQ) is now in the Overvalued zone, suggesting that its current forward PE ratio of 16.08 is considered Overvalued compared with the five-year average of 10.28. The fair price of Canadian Natural Resources Ltd (CNQ) is between 25.21 to 38.25 according to relative valuation method. Compared to the current price of 44.93 USD, Canadian Natural Resources Ltd is Overvalued By 17.47%.

What is Canadian Natural Resources Ltd (CNQ) fair value?

CNQ's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. The fair price of Canadian Natural Resources Ltd (CNQ) is between 25.21 to 38.25 according to relative valuation method.

How does CNQ's valuation metrics compare to the industry average?

The average P/S ratio for CNQ's competitors is 1.26, providing a benchmark for relative valuation. Canadian Natural Resources Ltd Corp (CNQ) exhibits a P/S ratio of 2.59, which is 105.08% above the industry average. Given its robust revenue growth of 7.01%, this premium appears unsustainable.

What is the current P/B ratio for Canadian Natural Resources Ltd (CNQ) as of Mar 02 2026?

As of Mar 02 2026, Canadian Natural Resources Ltd (CNQ) has a P/B ratio of 2.43. This indicates that the market values CNQ at 2.43 times its book value.

What is the current FCF Yield for Canadian Natural Resources Ltd (CNQ) as of Mar 02 2026?

As of Mar 02 2026, Canadian Natural Resources Ltd (CNQ) has a FCF Yield of 8.28%. This means that for every dollar of Canadian Natural Resources Ltd's market capitalization, the company generates 8.28 cents in free cash flow.

What is the current Forward P/E ratio for Canadian Natural Resources Ltd (CNQ) as of Mar 02 2026?

As of Mar 02 2026, Canadian Natural Resources Ltd (CNQ) has a Forward P/E ratio of 16.08. This means the market is willing to pay $16.08 for every dollar of Canadian Natural Resources Ltd's expected earnings over the next 12 months.

What is the current Forward P/S ratio for Canadian Natural Resources Ltd (CNQ) as of Mar 02 2026?

As of Mar 02 2026, Canadian Natural Resources Ltd (CNQ) has a Forward P/S ratio of 2.59. This means the market is valuing CNQ at $2.59 for every dollar of expected revenue over the next 12 months.

CNQ Valuation