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This valuation method assumes that the stock valuation will revert to its historical (10-Year) median 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.
Canadian Natural Resources (MEX:CNQN) 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
=
780.00
/
662.49
=
1.18
* 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.
Canadian Natural Resources Median PS Value Related Terms
Canadian Natural Resources Median PS Value Historical Data
* 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.
MEX:CNQN vs COP, EOG, FANG: Median PS Value 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 vs Oil & Gas Industry
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.
10-Year Median PS Ratio is 2.0885.
Canadian Natural Resources's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN317.204.
* 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.
Canadian Natural Resources (MEX:CNQN) has a Median PS Value of MXN662.49 as of Aug. 13, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Canadian Natural Resources and its competitors. This is 71135% above median its historical median of 0.93. Over the past decade, Canadian Natural Resources' Median PS Value has ranged from 0.42 to 1.67. According to the industry distribution chart, Canadian Natural Resources ranks #313 out of 558 companies in the Oil & Gas industry, placing it in the top 56.1%.
Is Canadian Natural Resources' Median PS Value too high?
Canadian Natural Resources' current Median PS Value of MXN662.49 is 71135% above median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 1.67. Based on the distribution chart, Canadian Natural Resources ranks #313 out of 558 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Canadian Natural Resources has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Canadian Natural Resources' Median PS Value compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Canadian Natural Resources ranks #313 out of 558 companies for Median PS Value. This places Canadian Natural Resources in the lower half of its industry. The industry median Median PS Value is 1.11. Historically, Canadian Natural Resources' own Median PS Value has ranged from 0.42 to 1.67 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Median PS Value for an Oil & Gas company?
The median Median PS Value among Oil & Gas companies is 1.11, based on 558 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value 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 Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Canadian Natural Resources and its competitors. For the Oil & Gas industry, the median Median PS Value is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Natural Resources's current Median PS Value is MXN662.49, which is 71135% above median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Natural Resources stock overvalued right now?
Canadian Natural Resources (MEX:CNQN) has a current Median PS Value of MXN662.49. The stock's GF Value™ is MXN657.32, compared to a current price of MXN780.00 — trading 18.7% above its estimated fair value. The current Median PS Value is MXN662.49, which is 71135% above median its 10-year median of 0.93. Canadian Natural Resources' overall GF Score™ is 81/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For Canadian Natural Resources (MEX:CNQN), the current Median PS Value is MXN662.49 as of Aug. 13, 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 Canadian Natural Resources (MEX:CNQN) Overvalued in 2026?
Based on GuruFocus' analysis, Canadian Natural Resources stock appears to be overvalued.
The current stock price of MXN780.00 is trading 18.7% above its estimated GF Value™ of MXN657.32.
Key valuation signals for MEX:CNQN:
Median PS Value: MXN662.49 (71135% above median its 10-year median of 0.93)
GF Value™: MXN657.32 vs. price of MXN780.00 (18.7% above fair value)
No single metric tells the full story. See the MEX:CNQN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canadian Natural Resources is the largest producer of oil and the second-largest producer of natural gas in Canada. It is principally involved in extracting heavy oils, natural gas, and bitumen through its drilling and mining operations. Bitumen from mining operations is upgraded into synthetic crude oil. Commodities produced are primarily exported to the US via pipeline. The company also has smaller offshore production operations in the North Sea and Africa.
81GF Score
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