Canadian Natural Resources Limited
Canadian Natural Resources Limited (CNQ.TO) PE Ratio — Current & Historical Data
Trailing twelve months (TTM) P/E, forward P/E, PEG, and annual PE history — from market prices and filings.
cnq.to · pe ratio · data through Dec 31, 2025
Core PE Ratio Metrics
Trailing 12 months · TTMThe price-to-earnings (P/E) ratio for Canadian Natural Resources Limited (CNQ.TO) measures how much investors pay for each dollar of the company's trailing earnings. CNQ.TO's current PE ratio of 13.93x is calculated by dividing its stock price of $64.66 by its TTM earnings per share of $4.66. +34.2% elevated vs 5Y avg 10.4x
Source: FMP · /ratios-ttm · /analyst-estimates · 2025-12-31
PE Ratio History
2006 – 2025 · Annual▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)
Historical PE Range
Past 17 fiscal years · Front-end computedMinQ1 · 25%14.7x
MedianQ3 · 75%27.9x
Max
At 13.93x, CNQ.TO's current P/E is within its average historical range over the past 17 fiscal years.
Percentile calculated from annual fiscal year data points, not by trading day. Years where PE ≤ 0 or > 9,999 are excluded.
PE Ratio vs Peers
Oil & Gas Exploration & Production · 6 peers · Annual PE| Company | Market Cap | PE (Annual) | vs Avg | EPS (TTM) |
|---|---|---|---|---|
Canadian Natural Resources LimitedYou CNQ.TO | $134.9B | 13.93x | +7.4% | $4.66 |
 ARC Resources Ltd. ARX.TO | $18.2B | 11.74x | -9.5% | $2.19 |
 Baytex Energy Corp. BTE.TO | $5.1B | N/A | — | -$0.78 |
 Cenovus Energy Inc. CVE.TO | $74.7B | 10.69x | -17.6% | $2.17 |
 Enbridge Inc. ENB.TO | $168.6B | 19.11x | +47.3% | $3.44 |
 Imperial Oil Limited IMO.TO | $82.8B | 18.28x | +40.9% | $6.49 |
 Parex Resources Inc. PXT.TO | $2.5B | 5.03x | -61.2% | $2.67 |
Industry Average 5 peers with valid PE | — | 12.97x | baseline | — |
* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio
Annual PE Ratio History
| Fiscal Year End | PE Ratio | EPS (TTM) | YoY Change | PE vs Max |
|---|---|---|---|---|
2025-12-31Latest FY2025 | 8.98x | $5.17 | -41.8% | |
2024-12-31 FY2024 | 15.45x | $2.87 | +33.0% | |
2023-12-31 FY2023 | 11.61x | $3.77 | +48.8% | |
2022-12-31 FY2022 | 7.80x | $4.82 | -3.3% | |
2021-12-31 FY2021 | 8.07x | $3.24 | — | |
2020-12-31 FY2020 | — | $-0.18 | — | |
2019-12-31 FY2019 | 9.05x | $2.27 | -40.4% | |
2018-12-31 FY2018 | 15.17x | $1.06 | -29.6% | |
2017-12-31 FY2017 | 21.57x | $1.02 | — | |
2016-12-31 FY2016 | — | $-0.10 | — |
▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare · Zero extra API
About PE Ratio & Methodology
The price-to-earnings (P/E) ratio for Canadian Natural Resources Limited (CNQ.TO) measures how much investors pay for each dollar of the company's trailing earnings. CNQ.TO's current PE ratio of 13.93x is calculated by dividing its stock price of $64.66 by its TTM earnings per share of $4.66.
Frequently asked questions
CNQ.TO pe ratio · 6 questionsCNQ.TO's current PE ratio is 13.93x as of 2026-06-08, based on a stock price of $64.66 and TTM EPS of $4.66. Data sourced from Financial Modeling Prep via CNQ.TO's SEC 10-K and 10-Q filings.
▸ Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Canadian Natural Resources Limited SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-08