As of 2024-12-13, the Relative Valuation of Canadian Natural Resources Ltd (CNQ.TO) is 40.86 CAD. This relative valuation is based on P/E multiples. With the latest stock price at 46.06 CAD, the upside of Canadian Natural Resources Ltd based on Relative Valuation is -11.3%.
The range of the Relative Valuation is 35.56 - 44.35 CAD.
| Range | Selected | |
| Trailing P/E multiples | 11.0x - 12.3x | 11.8x |
| Forward P/E multiples | 9.4x - 11.4x | 10.4x |
| Fair Price | 35.56 - 44.35 | 40.86 |
| Upside | -22.8% - -3.7% | -11.3% |
| Date | P/E |
| 2024-12-09 | 12.75 |
| 2024-12-06 | 12.68 |
| 2024-12-05 | 12.96 |
| 2024-12-04 | 12.94 |
| 2024-12-03 | 13.37 |
| 2024-12-02 | 13.12 |
| 2024-11-29 | 13.20 |
| 2024-11-28 | 13.20 |
| 2024-11-27 | 13.06 |
| 2024-11-26 | 12.97 |
| 2024-11-25 | 13.22 |
| 2024-11-22 | 13.53 |
| 2024-11-21 | 13.42 |
| 2024-11-20 | 13.11 |
| 2024-11-19 | 13.07 |
| 2024-11-18 | 13.10 |
| 2024-11-15 | 12.95 |
| 2024-11-14 | 13.29 |
| 2024-11-13 | 12.97 |
| 2024-11-12 | 13.08 |
| 2024-11-11 | 13.25 |
| 2024-11-08 | 13.21 |
| 2024-11-07 | 13.41 |
| 2024-11-06 | 13.43 |
| 2024-11-05 | 13.22 |
| 2024-11-04 | 13.23 |
| 2024-11-01 | 13.13 |
| 2024-10-31 | 13.15 |
| 2024-10-30 | 13.20 |
| 2024-10-29 | 13.31 |
| 2024-10-28 | 13.40 |
| 2024-10-25 | 13.72 |
| 2024-10-24 | 13.50 |
| 2024-10-23 | 13.50 |
| 2024-10-22 | 13.62 |
| 2024-10-21 | 13.72 |
| 2024-10-18 | 13.63 |
| 2024-10-17 | 13.68 |
| 2024-10-16 | 13.47 |
| 2024-10-15 | 13.54 |
| 2024-10-11 | 14.36 |
| 2024-10-10 | 14.30 |
| 2024-10-09 | 13.92 |
| 2024-10-08 | 13.78 |
| 2024-10-07 | 13.84 |
| 2024-10-04 | 13.40 |
| 2024-10-03 | 13.28 |
| 2024-10-02 | 13.00 |
| 2024-10-01 | 13.03 |
| 2024-09-30 | 12.48 |