What is CVE.TO's current P/B?

Cenovus Energy Inc.'s current P/B is 2.1, which is near historic high relative to its 10-year historical range.

What is the 10-year average P/B for CVE.TO?

The approximate 10-year median P/B for CVE.TO is 1.2. The current reading of 2.1 is near historic high.

Cenovus Energy Inc.CVE.TO

$35.66+0.13 (+0.37%)

TSXEnergy24:00 UTC

Earnings & Price

Price EPS (TTM)P/E ratio PEG

Book & Enterprise

P/B EV/EBITDA

Dividend

Dividend Yield Payout Ratio Div / Share

Cash & Leverage

FCF Yield Net Debt / EBITDA

How much the market pays relative to the company's accounting net worth (assets minus liabilities). P/B < 1 means the market values the company below what the books say it owns.

FormulaPrice / Book Value Per Share

Full guide

P/B History

Historically priceyAbove avgAround avgBelow avgHistorically cheap

No data available

How to read this chart

Most useful for asset-heavy businesses: banks, insurers, REITs. A P/B near its historical low suggests the market is paying unusually little for the net assets.

Key caveats

Goodwill and intangibles from acquisitions can inflate book value significantly — some analysts prefer tangible book value.
Low P/B in technology or software companies is usually irrelevant: their value is in IP and people, not balance sheet assets.

Is CVE.TO P/B High or Low Right Now?

Cenovus Energy Inc.'s P/B is currently 2.1, which is near historic high relative to its 10-year historical range. The 10-year median P/B for CVE.TO is approximately 1.2. See all CVE.TO valuation metrics →

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