Cenovus Energy (FRA:CXD) Cyclically Adjusted Revenue per Share: €16.26 (As of Mar. 2026)

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FRA:CXD Cenovus Energy Inc FRA:CXD
60 GF Score
Price €24.53
GF Value €13.38
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Cenovus Energy Cyclically Adjusted Revenue per Share?

Cenovus Energy FRA:CXD +0.35% 60 Cyclically Adjusted Revenue per Share is €16.26 as of Mar. 2026. GuruFocus rates FRA:CXD with a GF Score™ of 60/100 and a GF Value™ of €13.38 (Significantly Overvalued). The stock has 8 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 for the three months ended in Mar. 2026 was €4.476. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €16.26 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Cenovus Energy's average Cyclically Adjusted Revenue Growth Rate was 7.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.60% 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 Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Cenovus Energy was 5.40% per year. The lowest was 0.80% per year. And the median was 3.40% per year.

As of today (2026-07-22), Cenovus Energy's current stock price is €24.53. Cenovus Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €16.26. Cenovus Energy's Cyclically Adjusted PS Ratio of today is 1.51.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Cenovus Energy was 1.62. The lowest was 0.11. And the median was 0.89.


Cenovus Energy  (FRA:CXD) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=24.53/16.26
=1.51

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Cenovus Energy was 1.62. The lowest was 0.11. And the median was 0.89.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Cenovus Energy Cyclically Adjusted Revenue per Share Related Terms


Cenovus Energy Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

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

Cenovus Energy Cyclically Adjusted Revenue per Share Chart

Cenovus Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.40 15.73 15.94 15.26 15.61

Cenovus Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 15.70 15.34 15.34 15.61 16.26

FRA:CXD vs XOM, CVX: Cyclically Adjusted Revenue per Share 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 Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cenovus Energy Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=4.476/132.2623*132.2623
=4.476

Current CPI (Mar. 2026) = 132.2623.

Cenovus Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.277 102.002 2.953
201609 2.406 101.765 3.127
201612 2.837 101.449 3.699
201703 2.991 102.634 3.854
201706 2.454 103.029 3.150
201709 2.476 103.345 3.169
201712 2.803 103.345 3.587
201803 2.400 105.004 3.023
201806 3.198 105.557 4.007
201809 3.286 105.636 4.114
201812 2.404 105.399 3.017
201903 2.798 106.979 3.459
201906 3.211 107.690 3.944
201909 2.827 107.611 3.475
201912 3.071 107.769 3.769
202003 2.118 107.927 2.596
202006 1.170 108.401 1.428
202009 1.991 108.164 2.435
202012 2.032 108.559 2.476
202103 3.175 110.298 3.807
202106 3.715 111.720 4.398
202109 4.410 112.905 5.166
202112 4.882 113.774 5.675
202203 6.105 117.646 6.864
202206 7.555 120.806 8.271
202209 7.155 120.648 7.844
202212 5.271 120.964 5.763
202303 4.483 122.702 4.832
202306 4.600 124.203 4.898
202309 5.299 125.230 5.597
202312 5.927 125.072 6.268
202403 4.997 126.258 5.235
202406 5.585 127.522 5.793
202409 4.933 127.285 5.126
202412 5.940 127.364 6.168
202503 4.998 129.181 5.117
202506 4.512 129.892 4.594
202509 4.533 130.287 4.602
202512 4.674 130.366 4.742
202603 4.476 132.262 4.476

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

What does a Cyclically Adjusted Revenue per Share of €16.26 mean?
Cenovus Energy (FRA:CXD) has a Cyclically Adjusted Revenue per Share of €16.26 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Cenovus Energy and its competitors.
Is Cenovus Energy's Cyclically Adjusted Revenue per Share too high?
Cenovus Energy's current Cyclically Adjusted Revenue per Share is €16.26. Overall, Cenovus Energy has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cenovus Energy's Cyclically Adjusted Revenue per Share compare to XOM and CVX?
Cenovus Energy's Cyclically Adjusted Revenue per Share of €16.26 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for an Oil & Gas company?
A good Cyclically Adjusted Revenue per Share depends on the Oil & Gas industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Cenovus Energy and its competitors. Cenovus Energy's current Cyclically Adjusted Revenue per Share is €16.26. 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 (FRA:CXD) is currently considered Significantly Overvalued. The stock's GF Value™ is €13.38, compared to a current price of €24.53 — trading 83.3% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €16.26. Cenovus Energy's overall GF Score™ is 60/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Cenovus Energy (FRA:CXD), the current Cyclically Adjusted Revenue per Share is €16.26 as of Mar. 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 (FRA:CXD) Overvalued in 2026?

Based on GuruFocus' analysis, Cenovus Energy stock appears to be overvalued. The current stock price of €24.53 is trading 83.3% above its estimated GF Value™ of €13.38. GuruFocus considers Cenovus Energy to be Significantly Overvalued.

Key valuation signals for FRA:CXD:

  • Cyclically Adjusted Revenue per Share: €16.26
  • GF Value™: €13.38 vs. price of €24.53 (83.3% above fair value)
  • GF Score™: 60/100 with 8 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 Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€24.53
Price
€13.38
GF Value