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Cenovus Energy (TSX:CVE.PR.B.PFD) Price-to-Tangible-Book : (As of Dec. 15, 2024)


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What is Cenovus Energy Price-to-Tangible-Book?

As of today (2024-12-15), Cenovus Energy's share price is C$21.93. Cenovus Energy's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was C$0.00. Hence, Cenovus Energy's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for Cenovus Energy's Price-to-Tangible-Book or its related term are showing as below:

During the past 13 years, Cenovus Energy's highest Price to Tangible Book Ratio was 2.15. The lowest was 0.23. And the median was 1.22.

TSX:CVE.PR.B.PFD's Price-to-Tangible-Book is not ranked *
in the Oil & Gas industry.
Industry Median: 1.3
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Cenovus Energy's share price is C$21.93. Cenovus Energy's Book Value per Sharefor the quarter that ended in Sep. 2024 was C$0.00. Hence, Cenovus Energy's P/B Ratio of today is .


Cenovus Energy Price-to-Tangible-Book Historical Data

The historical data trend for Cenovus Energy's Price-to-Tangible-Book 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.

* Premium members only.

Cenovus Energy Price-to-Tangible-Book Chart

Cenovus Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
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Cenovus Energy Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Cenovus Energy's Price-to-Tangible-Book

For the Oil & Gas Integrated subindustry, Cenovus Energy's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cenovus Energy's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Cenovus Energy's Price-to-Tangible-Book falls into.



Cenovus Energy Price-to-Tangible-Book Calculation

Cenovus Energy's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2024 )
=21.93/
=

* 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.

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

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


Be Aware

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


Cenovus Energy Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Cenovus Energy's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Cenovus Energy Business Description

Address
225 - 6 Avenue SW, Suite 4100, Calgary, AB, CAN, T2P 1N2
Cenovus Energy Inc is an integrated oil company, focused on creating value through the development of its oil sands assets. The company also engages in production of conventional crude oil, natural gas liquids, and natural gas in Alberta, Canada, with refining operations in the U.S. Net upstream production averaged 786 thousand barrels of oil equivalent per day in 2022. The company had upstream projects across Western Canada; crude oil production and natural gas and NGLs production offshore China and Indonesia. The downstream operations include upgrading and refining operations in Canada and the U.S., and commercial fuel operations across Canada.

Cenovus Energy Headlines

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