What is Canadian Natural Resources Book Value per Share?
Canadian Natural Resources's book value per share for the quarter that ended in Dec. 2023 was $27.69.
During the past 12 months, Canadian Natural Resources's average Book Value Per Share Growth Rate was 7.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 10.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.10% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Canadian Natural Resources was 111.70% per year. The lowest was -0.70% per year. And the median was 12.75% per year.
Canadian Natural Resources's current price is $76.91. Its book value per share for the quarter that ended in Dec. 2023 was $27.69. Hence, today's PB Ratio of Canadian Natural Resources is 2.78.
During the past 13 years, the highest P/B Ratio of Canadian Natural Resources was 2.97. The lowest was 0.41. And the median was 1.55.
Warning Sign:
Canadian Natural Resources Ltd stock PB Ratio (=2.84) is close to 10-year high of 2.97
Canadian Natural Resources Book Value per Share Historical Data
The historical data trend for Canadian Natural Resources's Book Value per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
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Canadian Natural Resources Book Value per Share Chart
Competitive Comparison of Canadian Natural Resources's Book Value per Share
For the Oil & Gas E&P subindustry, Canadian Natural Resources's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Canadian Natural Resources's PB Ratio Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Canadian Natural Resources's PB Ratio distribution charts can be found below:
* The bar in red indicates where Canadian Natural Resources's PB Ratio falls into.
Canadian Natural Resources Book Value per Share Calculation
Canadian Natural Resources's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Canadian Natural Resources (NYSE:CNQ) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
Canadian Natural Resources Book Value per Share Related Terms
Thank you for viewing the detailed overview of Canadian Natural Resources's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Canadian Natural Resources (Canadian Natural Resources) Business Description
Canadian Natural Resources Ltd is an independent crude oil and natural gas exploration, development, and production company. The Company's exploration and production operations are focused in North America, largely in Western Canada; the United Kingdom (UK) portion of the North Sea, and Cote d'Ivoire and South Africa in Offshore Africa. The Company's exploration and production activities are conducted in three geographic segments: North America, the North Sea, and Offshore Africa. These activities include the exploration, development, production, and marketing of crude oil, natural gas liquids, and natural gas. The company has two divisions; Oil Sands Mining and Upgrading Midstream and Refining. It derives a majority of its revenue from North America.
Canadian Natural Resources (Canadian Natural Resources) Headlines
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