Cenovus Energy (FRA:CXD) Cyclically Adjusted PS Ratio: (As of Jul. 30, 2026)

Author: Vera Yuan Vera Yuan
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FRA:CXD Cenovus Energy Inc FRA:CXD
60 GF Score
Price €24.55
GF Value €13.30
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Cenovus Energy Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cenovus Energy  (FRA:CXD) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Cenovus Energy Cyclically Adjusted PS Ratio Related Terms


Cenovus Energy Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Cenovus Energy's Cyclically Adjusted PS Ratio 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.

Cenovus Energy Cyclically Adjusted PS Ratio Chart

Cenovus Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 1.14 0.94 0.92 0.91

Cenovus Energy Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.76 0.95 0.91 1.41 0.00

FRA:CXD vs XOM, CVX: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Integrated subindustry, Cenovus Energy's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Cenovus Energy Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cenovus Energy's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Cenovus Energy's Cyclically Adjusted PS Ratio falls into.


FRA:CXD
60GF Score
Cenovus Energy Inc FRA:CXD
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Cenovus Energy Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Cenovus Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Cenovus Energy's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=6.309/134.0005*134.0005
=6.309

Current CPI (Jun. 2026) = 134.0005.

Cenovus Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.406 101.765 3.168
201612 2.837 101.449 3.747
201703 2.991 102.634 3.905
201706 2.454 103.029 3.192
201709 2.476 103.345 3.210
201712 2.803 103.345 3.634
201803 2.400 105.004 3.063
201806 3.198 105.557 4.060
201809 3.286 105.636 4.168
201812 2.404 105.399 3.056
201903 2.798 106.979 3.505
201906 3.211 107.690 3.995
201909 2.827 107.611 3.520
201912 3.071 107.769 3.818
202003 2.118 107.927 2.630
202006 1.170 108.401 1.446
202009 1.991 108.164 2.467
202012 2.032 108.559 2.508
202103 3.175 110.298 3.857
202106 3.715 111.720 4.456
202109 4.410 112.905 5.234
202112 4.882 113.774 5.750
202203 6.105 117.646 6.954
202206 7.555 120.806 8.380
202209 7.155 120.648 7.947
202212 5.271 120.964 5.839
202303 4.483 122.702 4.896
202306 4.600 124.203 4.963
202309 5.299 125.230 5.670
202312 5.927 125.072 6.350
202403 4.997 126.258 5.303
202406 5.585 127.522 5.869
202409 4.933 127.285 5.193
202412 5.940 127.364 6.250
202503 4.998 129.181 5.184
202506 4.512 129.892 4.655
202509 4.533 130.287 4.662
202512 4.674 130.366 4.804
202603 4.476 132.262 4.535
202606 6.309 134.001 6.309

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Is Cenovus Energy (FRA:CXD) Overvalued in 2026?

Based on GuruFocus' analysis, Cenovus Energy stock appears to be overvalued. The current stock price of €24.55 is trading 84.5% above its estimated GF Value™ of €13.30. GuruFocus considers Cenovus Energy to be Significantly Overvalued.

Key valuation signals for FRA:CXD:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €13.30 vs. price of €24.55 (84.5% above fair value)
  • GF Score™: 60/100 with 7 warning signs

No single metric tells the full story. See the FRA:CXD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cenovus Energy Business Description

Industry EnergyOil & Gas
Address 225 - 6 Avenue SW, Suite 4100, Calgary, AB, CAN, T2P 1N2
Cenovus Energy Inc is a Canadian integrated energy group. The group's upstream operations include oil sands projects in northern Alberta; thermal and conventional crude oil, natural gas, and natural gas liquids (NGLs) projects across Western Canada; crude oil production offshore Newfoundland and Labrador; and natural gas and NGLs production offshore China and Indonesia. Its downstream operations include upgrading and refining operations in Canada and the U.S., and commercial fuel operations across Canada. The group's reportable segments are: Oil Sands, Conventional, Offshore, Canadian Refining, U.S Refining, and Corporate and Eliminations. Maximum revenue is generated from its Oil Sands segment. Geographically, the group derives maximum revenue from the U.S., followed by Canada and China.
60GF Score

Get the complete analysis for FRA:CXD

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€24.55
Price
€13.30
GF Value