According to Cenovus Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.4708. At the end of 2022 the company had a P/E ratio of 7.74.
Year | P/E ratio | Change |
---|---|---|
2022 | 7.74 | -86.45% |
2021 | 57.1 | -1407.98% |
2020 | -4.37 | -158.43% |
2019 | 7.48 | -273.7% |
2018 | -4.31 | -210.22% |
2017 | 3.91 | -112.95% |
2016 | -30.2 | -218.78% |
2015 | 25.4 | 16.41% |
2014 | 21.8 | -34.92% |
2013 | 33.5 | 30.77% |
2012 | 25.6 | 51.33% |
2011 | 16.9 | -28.48% |
2010 | 23.7 | -14.82% |
2009 | 27.8 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Apache Corporation APA | 6.24 | -49.97% | ๐บ๐ธ USA |
EOG Resources EOG | 9.44 | -24.30% | ๐บ๐ธ USA |
Marathon Oil
MRO | 9.60 | -23.00% | ๐บ๐ธ USA |
Phillips 66 PSX | 8.76 | -29.76% | ๐บ๐ธ USA |
Imperial Oil
IMO | 10.5 | -16.12% | ๐จ๐ฆ Canada |
Suncor Energy
SU | 11.7 | -6.13% | ๐จ๐ฆ Canada |
Canadian Natural Resources CNQ | 14.9 | 19.78% | ๐จ๐ฆ Canada |
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.