As of 2025-07-19, the Relative Valuation of Canadian Natural Resources Ltd (CNQ.TO) is 37.40 CAD. This relative valuation is based on P/E multiples. With the latest stock price at 42.30 CAD, the upside of Canadian Natural Resources Ltd based on Relative Valuation is -11.6%.
The range of the Relative Valuation is 30.37 - 43.61 CAD.
| Range | Selected | |
| Trailing P/E multiples | 11.3x - 12.0x | 11.8x |
| Forward P/E multiples | 9.6x - 11.1x | 10.1x |
| Fair Price | 30.37 - 43.61 | 37.40 |
| Upside | -28.2% - 3.1% | -11.6% |
| Date | P/E |
| 2025-07-17 | 11.77 |
| 2025-07-16 | 11.69 |
| 2025-07-15 | 11.86 |
| 2025-07-14 | 12.03 |
| 2025-07-11 | 12.12 |
| 2025-07-10 | 12.00 |
| 2025-07-09 | 12.09 |
| 2025-07-08 | 12.14 |
| 2025-07-07 | 11.98 |
| 2025-07-04 | 12.08 |
| 2025-07-03 | 12.09 |
| 2025-07-02 | 12.16 |
| 2025-06-30 | 11.82 |
| 2025-06-27 | 11.90 |
| 2025-06-26 | 12.03 |
| 2025-06-25 | 11.88 |
| 2025-06-24 | 11.94 |
| 2025-06-23 | 12.18 |
| 2025-06-20 | 12.70 |
| 2025-06-19 | 12.71 |
| 2025-06-18 | 12.70 |
| 2025-06-17 | 12.82 |
| 2025-06-16 | 12.49 |
| 2025-06-13 | 12.67 |
| 2025-06-12 | 12.44 |
| 2025-06-11 | 12.35 |
| 2025-06-10 | 12.16 |
| 2025-06-09 | 11.95 |
| 2025-06-06 | 11.94 |
| 2025-06-05 | 11.69 |
| 2025-06-04 | 11.68 |
| 2025-06-03 | 11.91 |
| 2025-06-02 | 11.66 |
| 2025-05-30 | 11.50 |
| 2025-05-29 | 11.73 |
| 2025-05-28 | 11.75 |
| 2025-05-27 | 11.88 |
| 2025-05-26 | 11.82 |
| 2025-05-23 | 11.76 |
| 2025-05-22 | 11.81 |
| 2025-05-21 | 11.76 |
| 2025-05-20 | 11.80 |
| 2025-05-16 | 11.84 |
| 2025-05-15 | 11.91 |
| 2025-05-14 | 12.12 |
| 2025-05-13 | 12.40 |
| 2025-05-12 | 12.14 |
| 2025-05-09 | 11.74 |
| 2025-05-08 | 11.55 |
| 2025-05-07 | 10.99 |