Cenovus Energy Inc. (CVE) Valuation
Historical valuation analysis based on 500 data points (2024-08-30 to 2026-08-28)
Cenovus Energy Inc is a Canadian integrated energy group. The group's upstream operations include oil sands projects in northern Alberta; thermal and conventional crude oil, natural gas, and natura...
Cenovus Energy Inc. (CVE) currently trades at a P/E ratio of 14.73 (historical range: 12.81–15.25, median: 13.97), placing it at the 76th percentile — above its historical average, P/S ratio of 1.17 (range: 1.01–1.21, 76th percentile — above its historical average), EV/EBITDA of 15.66 (range: 13.95–16.12, 76th percentile).
Cenovus Energy Inc. appears overvalued relative to its own historical valuation range, trading at elevated multiples across most metrics.
Historical Valuation Metrics
| Metric | Current | Min | Median | Max | Percentile | Assessment |
|---|---|---|---|---|---|---|
| P/E Ratio | 14.73 | 12.81 | 13.97 | 15.25 | 76th | above its historical average |
| P/S Ratio | 1.17 | 1.01 | 1.10 | 1.21 | 76th | above its historical average |
| EV/EBITDA | 15.66 | 13.95 | 14.98 | 16.12 | 76th | above its historical average |