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Cenovus Energy PB Ratio

: 0.72 (As of Today)
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The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2021-04-12), Cenovus Energy's share price is $7.590000. Cenovus Energy's Book Value per Share for the fiscal year that ended in Dec. 2020 was $10.61. Hence, Cenovus Energy's PB Ratio of today is 0.72.

NYSE:CVE' s PB Ratio Range Over the Past 10 Years
Min: 0.16   Med: 1.4   Max: 3.51
Current: 0.71

0.16
3.51

During the past 13 years, Cenovus Energy's highest PB Ratio was 3.51. The lowest was 0.16. And the median was 1.40.

NYSE:CVE's PB Ratio is ranked higher than
71% of the 1015 Companies
in the Oil & Gas industry.

( Industry Median: 1.15 vs. NYSE:CVE: 0.71 )

During the past 12 months, Cenovus Energy's average Book Value Per Share Growth Rate was -13.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -5.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Cenovus Energy was 6.50% per year. The lowest was -5.80% per year. And the median was 1.15% per year.

Back to Basics: PB Ratio


Cenovus Energy PB Ratio Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

* Premium members only.

Cenovus Energy Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
PB Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.45 0.72 0.66 0.86 0.57

Cenovus Energy Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
PB Ratio 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 Premium Member Only Premium Member Only Premium Member Only 0.86 0.20 0.45 0.37 0.57

Competitive Comparison
* 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.


Cenovus Energy PB Ratio Distribution

* The bar in red indicates where Cenovus Energy's PB Ratio falls into.



Cenovus Energy PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Cenovus Energy's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (A: Dec. 2020)
=7.590000/10.614
=0.72

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Cenovus Energy  (NYSE:CVE) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Cenovus Energy PB Ratio Related Terms


Cenovus Energy PB Ratio Headlines

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