Canadian Natural Resources (Canadian Natural Resources) Median PS Value

: $60.13 (As of Today)

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This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Canadian Natural Resources's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $27.497. Canadian Natural Resources's 10-Year median PS Ratio is 2.1868. Therefore, the Median PS Value for today is $60.13.

As of today (2024-04-18), Canadian Natural Resources's share price is $77.22. Canadian Natural Resources's Median PS Value is $60.13. Therefore, Canadian Natural Resources's Price to Median PS Value for today is 1.29.

The historical rank and industry rank for Canadian Natural Resources's Median PS Value or its related term are showing as below:

CNQ' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.66 Med: 0.91 Max: 1.44
Current: 1.29

During the past 13 years, the highest Price to Median PS Value of Canadian Natural Resources was 1.44. The lowest was 0.66. And the median was 0.91.

CNQ's Price-to-Median-PS-Value is ranked worse than
75.7% of 568 companies
in the Oil & Gas industry
Industry Median: 0.865 vs CNQ: 1.29

Canadian Natural Resources Median PS Value Historical Data

The historical data trend for Canadian Natural Resources's Median PS Value 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.

* Premium members only.

Canadian Natural Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Median PS Value

38.60

25.69

47.97

69.95

62.47

Canadian Natural Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Median PS Value																69.95	67.18	62.14	60.31	62.47

Competitive Comparison

For the Oil & Gas E&P subindustry, Canadian Natural Resources's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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 Price-to-Median-PS-Value Distribution

For the Oil & Gas industry and Energy sector, Canadian Natural Resources's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Canadian Natural Resources's Price-to-Median-PS-Value falls into.

Canadian Natural Resources Median PS Value Calculation

Canadian Natural Resources's Median PS Value for today is calculated as

Median PS Value	=	Revenue per Share (TTM)	*	10-Year Median PS Ratio
	=	27.497	*	2.1868
	=	60.13

10-Year Median PS Ratio is 2.1868.
Canadian Natural Resources's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $27.497.

Canadian Natural Resources (NYSE:CNQ) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

Canadian Natural Resources's Price to Median PS Value for today is calculated as

Price to Median PS Value	=	Share Price	/	Median PS Value
	=	77.22	/	60.13
	=	1.28

Canadian Natural Resources Median PS Value Related Terms

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Canadian Natural Resources (Canadian Natural Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Canadian Natural Resources Ltd (NYSE:CNQ) » Definitions » Median PS Value

Comparable Companies

Traded in Other Exchanges

CRC:Germany CRC:Germany CNQ:Canada

Address

855 - 2nd Street South West, Suite 2100, Calgary, AB, CAN, T2P 4J8

Website

https://www.cnrl.com

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.