Canadian Natural Resources
CNQ
Canadian Natural Resources (CNQ) - P/B ratio
P/B ratio as of May 2024 : 2.77
According to Canadian Natural Resources's latest financial reports the company has a price-to-book ratio of 2.77.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
Canadian Natural Resources - P/B ratio (from 2001 to 2024)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2024-12-31 | N/A | -100% |
| 2023-12-31 | 2.37 | 8.89% |
| 2022-12-31 | 2.18 | 28.01% |
| 2021-12-31 | 1.70 | 52.53% |
| 2020-12-31 | 1.12 | -21.67% |
| 2019-12-31 | 1.42 | 15.02% |
| 2018-12-31 | 1.24 | -28.37% |
| 2017-12-31 | 1.73 | -3.68% |
| 2016-12-31 | 1.79 | 48.61% |
| 2015-12-31 | 1.21 | -11% |
| 2014-12-31 | 1.36 | -10.48% |
| 2013-12-31 | 1.52 | 17.74% |
| 2012-12-31 | 1.29 | -29.42% |
| 2011-12-31 | 1.82 | -23.16% |
| 2010-12-31 | 2.37 | 11.34% |
| 2009-12-31 | 2.13 | 49% |
| 2008-12-31 | 1.43 | -51.6% |
| 2007-12-31 | 2.96 | -5.2% |
| 2006-12-31 | 3.12 | -17.15% |
| 2005-12-31 | 3.76 | 100.11% |
| 2004-12-31 | 1.88 | 31.31% |
| 2003-12-31 | 1.43 | 28.02% |
| 2002-12-31 | 1.12 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Occidental Petroleum OXY | 1.84 | -33.70% | 🇺🇸 USA |
 Imperial Oil
IMO | 2.17 | -21.62% | 🇨🇦 Canada |
 Suncor Energy
SU | 1.56 | -43.56% | 🇨🇦 Canada |
 Cenovus Energy
CVE | 1.69 | -38.87% | 🇨🇦 Canada |