As of 2026-03-26, the Relative Valuation of Canadian Natural Resources Ltd (CNQ.TO) is 74.31 CAD. This relative valuation is based on P/E multiples. With the latest stock price at 67.48 CAD, the upside of Canadian Natural Resources Ltd based on Relative Valuation is 10.1%.
The range of the Relative Valuation is 67.27 - 84.65 CAD.
| Range | Selected | |
| Trailing P/E multiples | 13.0x - 14.4x | 13.4x |
| Forward P/E multiples | 13.9x - 15.9x | 14.9x |
| Fair Price | 67.27 - 84.65 | 74.31 |
| Upside | -0.3% - 25.4% | 10.1% |
| Date | P/E |
| 2026-03-24 | 13.00 |
| 2026-03-23 | 12.81 |
| 2026-03-20 | 12.98 |
| 2026-03-19 | 13.39 |
| 2026-03-18 | 13.00 |
| 2026-03-17 | 12.94 |
| 2026-03-16 | 12.86 |
| 2026-03-13 | 12.81 |
| 2026-03-12 | 12.75 |
| 2026-03-11 | 12.37 |
| 2026-03-10 | 11.97 |
| 2026-03-09 | 12.09 |
| 2026-03-06 | 12.13 |
| 2026-03-05 | 11.94 |
| 2026-03-04 | 11.61 |
| 2026-03-03 | 11.63 |
| 2026-03-02 | 11.67 |
| 2026-02-27 | 11.50 |
| 2026-02-26 | 11.36 |
| 2026-02-25 | 11.22 |
| 2026-02-24 | 11.24 |
| 2026-02-23 | 11.18 |
| 2026-02-20 | 11.17 |
| 2026-02-19 | 11.22 |
| 2026-02-18 | 11.00 |
| 2026-02-17 | 10.67 |
| 2026-02-13 | 10.67 |
| 2026-02-12 | 10.49 |
| 2026-02-11 | 10.63 |
| 2026-02-10 | 10.22 |
| 2026-02-09 | 10.23 |
| 2026-02-06 | 10.29 |
| 2026-02-05 | 10.00 |
| 2026-02-04 | 10.14 |
| 2026-02-03 | 9.85 |
| 2026-02-02 | 9.62 |
| 2026-01-30 | 9.75 |
| 2026-01-29 | 9.83 |
| 2026-01-28 | 9.68 |
| 2026-01-27 | 9.60 |
| 2026-01-26 | 9.52 |
| 2026-01-23 | 9.53 |
| 2026-01-22 | 9.42 |
| 2026-01-21 | 9.59 |
| 2026-01-20 | 9.17 |
| 2026-01-19 | 9.26 |
| 2026-01-16 | 9.21 |
| 2026-01-15 | 9.14 |
| 2026-01-14 | 9.25 |
| 2026-01-13 | 8.86 |