As of 2026-09-22, the Relative Valuation of Canadian Natural Resources Ltd (CNQ.TO) is 85.02 CAD. This relative valuation is based on P/E multiples. With the latest stock price at 69.37 CAD, the upside of Canadian Natural Resources Ltd based on Relative Valuation is 22.6%.
The range of the Relative Valuation is 71.69 - 94.57 CAD.
| Range | Selected | |
| Trailing P/E multiples | 12.7x - 16.7x | 14.8x |
| Forward P/E multiples | 14.8x - 16.4x | 15.5x |
| Fair Price | 71.69 - 94.57 | 85.02 |
| Upside | 3.3% - 36.3% | 22.6% |
| Date | P/E |
| 2026-09-18 | 12.25 |
| 2026-09-17 | 12.51 |
| 2026-09-16 | 12.38 |
| 2026-09-15 | 12.66 |
| 2026-09-14 | 12.35 |
| 2026-09-11 | 12.24 |
| 2026-09-10 | 12.41 |
| 2026-09-09 | 12.52 |
| 2026-09-08 | 12.39 |
| 2026-09-04 | 12.32 |
| 2026-09-03 | 12.46 |
| 2026-09-02 | 12.65 |
| 2026-09-01 | 12.73 |
| 2026-08-31 | 12.27 |
| 2026-08-28 | 12.03 |
| 2026-08-27 | 12.19 |
| 2026-08-26 | 12.17 |
| 2026-08-25 | 12.13 |
| 2026-08-24 | 12.41 |
| 2026-08-21 | 12.50 |
| 2026-08-20 | 12.44 |
| 2026-08-19 | 12.09 |
| 2026-08-18 | 12.18 |
| 2026-08-17 | 12.08 |
| 2026-08-14 | 11.73 |
| 2026-08-13 | 11.72 |
| 2026-08-12 | 11.72 |
| 2026-08-11 | 11.71 |
| 2026-08-10 | 11.62 |
| 2026-08-07 | 11.20 |
| 2026-08-06 | 11.27 |
| 2026-08-05 | 11.10 |
| 2026-08-04 | 11.47 |
| 2026-07-31 | 11.79 |
| 2026-07-30 | 11.69 |
| 2026-07-29 | 11.53 |
| 2026-07-28 | 11.02 |
| 2026-07-27 | 11.17 |
| 2026-07-24 | 11.56 |
| 2026-07-23 | 11.69 |
| 2026-07-22 | 11.38 |
| 2026-07-21 | 11.18 |
| 2026-07-20 | 10.93 |
| 2026-07-17 | 10.85 |
| 2026-07-16 | 10.63 |
| 2026-07-15 | 10.61 |
| 2026-07-14 | 10.60 |
| 2026-07-13 | 10.76 |
| 2026-07-10 | 10.44 |
| 2026-07-09 | 10.49 |