Cenovus Energy (STU:CXD) Cyclically Adjusted PS Ratio: 1.57 (As of Aug. 01, 2026) — 76% Above Median

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STU:CXD Cenovus Energy Inc STU:CXD
63 GF Score
Price €26.16
GF Value €15.61
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Cenovus Energy Cyclically Adjusted PS Ratio?

Cenovus Energy STU:CXD -0.68% 63 Cyclically Adjusted PS Ratio is 1.57 as of Aug. 01, 2026, which is 76% above its 10-year median of 0.89. GuruFocus rates STU:CXD with a GF Score™ of 63/100 and a GF Value™ of €15.61 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 707 Oil & Gas companies, Cenovus Energy ranks worse than 60.82% on this metric.

As of today (2026-08-01), Cenovus Energy's current share price is €26.16. Cenovus Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €16.63. Cenovus Energy's Cyclically Adjusted PS Ratio for today is 1.57.

The historical rank and industry rank for Cenovus Energy's Cyclically Adjusted PS Ratio or its related term are showing as below:

STU:CXD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.89   Max: 1.62
Current: 1.56

During the past years, Cenovus Energy's highest Cyclically Adjusted PS Ratio was 1.62. The lowest was 0.11. And the median was 0.89.

STU:CXD's Cyclically Adjusted PS Ratio is ranked worse than
60.82% of 707 companies
in the Oil & Gas industry
Industry Median: 1.05 vs STU:CXD: 1.56

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Cenovus Energy's adjusted revenue per share data for the three months ended in Jun. 2026 was €6.309. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €16.63 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cenovus Energy  (STU: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 1.30

STU: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.


STU:CXD
63GF Score
Cenovus Energy Inc STU:CXD
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=26.16/16.63
=1.57

* 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'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.

What does a Cyclically Adjusted PS Ratio of 1.57 mean?
Cenovus Energy (STU:CXD) has a Cyclically Adjusted PS Ratio of 1.57 as of Aug. 01, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Cenovus Energy and its competitors. This is 76% above median its historical median of 0.89. Over the past decade, Cenovus Energy's Cyclically Adjusted PS Ratio has ranged from 0.11 to 1.62. According to the industry distribution chart, Cenovus Energy ranks #430 out of 707 companies in the Oil & Gas industry, placing it in the top 60.8%.
Is Cenovus Energy's Cyclically Adjusted PS Ratio too high?
Cenovus Energy's current Cyclically Adjusted PS Ratio of 1.57 is 76% above median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 1.62. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.05. Cenovus Energy's value of 1.57 is 49.5% above this industry median. Based on the distribution chart, Cenovus Energy ranks #430 out of 707 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Cenovus Energy has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cenovus Energy's Cyclically Adjusted PS Ratio compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Cenovus Energy ranks #430 out of 707 companies for Cyclically Adjusted PS Ratio. This places Cenovus Energy in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.05. Cenovus Energy's value of 1.57 is 49.5% above this benchmark. Historically, Cenovus Energy's own Cyclically Adjusted PS Ratio has ranged from 0.11 to 1.62 over the past decade. While the company's 10-year median is 0.89 vs. the industry median of 1.05, Cenovus Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for an Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 1.05, based on 707 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cenovus Energy's current Cyclically Adjusted PS Ratio of 1.57 is 49.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Cenovus Energy and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cenovus Energy's current Cyclically Adjusted PS Ratio is 1.57, which is 76% above median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cenovus Energy stock overvalued right now?
Based on GuruFocus' analysis, Cenovus Energy (STU:CXD) is currently considered Significantly Overvalued. The stock's GF Value™ is €15.61, compared to a current price of €26.16 — trading 67.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.57, which is 76% above median its 10-year median of 0.89 and 49.5% above the Oil & Gas industry median of 1.05. Cenovus Energy's overall GF Score™ is 63/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Cenovus Energy (STU:CXD), the current Cyclically Adjusted PS Ratio is 1.57 as of Aug. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

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

Based on GuruFocus' analysis, Cenovus Energy stock appears to be overvalued. The current stock price of €26.16 is trading 67.6% above its estimated GF Value™ of €15.61. GuruFocus considers Cenovus Energy to be Significantly Overvalued.

Key valuation signals for STU:CXD:

  • Cyclically Adjusted PS Ratio: 1.57 (76% above median its 10-year median of 0.89)
  • GF Value™: €15.61 vs. price of €26.16 (67.6% above fair value)
  • GF Score™: 63/100 with 5 warning signs
  • Industry Position: 49.5% above the Oil & Gas median (#430 of 707)

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


Cenovus Energy Business Description

Industry EnergyOil & Gas
Other Exchanges CVE:USACVE:Canada
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.
63GF Score

Get the complete analysis for STU:CXD

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

€26.16
Price
€15.61
GF Value