As of 2024-09-09, the Relative Valuation of Canadian Natural Resources Ltd (CNQ.TO) is 35.50 CAD. This relative valuation is based on P/E multiples. With the latest stock price at 45.07 CAD, the upside of Canadian Natural Resources Ltd based on Relative Valuation is -21.2%.
The range of the Relative Valuation is 33.11 - 39.94 CAD.
| Range | Selected | |
| Trailing P/E multiples | 9.2x - 10.6x | 9.6x |
| Forward P/E multiples | 8.6x - 10.0x | 9.0x |
| Fair Price | 33.11 - 39.94 | 35.50 |
| Upside | -26.5% - -11.4% | -21.2% |
| Date | P/E |
| 2024-09-06 | 12.47 |
| 2024-09-05 | 12.63 |
| 2024-09-04 | 12.78 |
| 2024-09-03 | 13.04 |
| 2024-08-30 | 13.49 |
| 2024-08-29 | 13.77 |
| 2024-08-28 | 13.62 |
| 2024-08-27 | 13.74 |
| 2024-08-26 | 13.96 |
| 2024-08-23 | 13.62 |
| 2024-08-22 | 13.48 |
| 2024-08-21 | 13.42 |
| 2024-08-20 | 13.46 |
| 2024-08-19 | 13.80 |
| 2024-08-16 | 13.83 |
| 2024-08-15 | 13.97 |
| 2024-08-14 | 13.72 |
| 2024-08-13 | 13.58 |
| 2024-08-12 | 13.58 |
| 2024-08-09 | 13.23 |
| 2024-08-08 | 13.07 |
| 2024-08-07 | 12.76 |
| 2024-08-06 | 12.68 |
| 2024-08-02 | 12.79 |
| 2024-08-01 | 13.41 |
| 2024-07-31 | 13.56 |
| 2024-07-30 | 13.10 |
| 2024-07-29 | 13.07 |
| 2024-07-26 | 13.18 |
| 2024-07-25 | 13.17 |
| 2024-07-24 | 13.16 |
| 2024-07-23 | 13.23 |
| 2024-07-22 | 13.47 |
| 2024-07-19 | 13.37 |
| 2024-07-18 | 13.53 |
| 2024-07-17 | 13.51 |
| 2024-07-16 | 13.60 |
| 2024-07-15 | 13.88 |
| 2024-07-12 | 13.62 |
| 2024-07-11 | 13.79 |
| 2024-07-10 | 13.57 |
| 2024-07-09 | 13.37 |
| 2024-07-08 | 13.57 |
| 2024-07-05 | 13.57 |
| 2024-07-04 | 13.78 |
| 2024-07-03 | 13.78 |
| 2024-07-02 | 13.63 |
| 2024-06-28 | 13.48 |
| 2024-06-27 | 13.51 |
| 2024-06-26 | 13.38 |