Cenovus Energy Inc. (CVE) Valuation
Historical valuation analysis based on 1279 data points (2021-09-14 to 2026-10-16)
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. trades near its historical valuation range, with most metrics close to their median levels.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
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Cenovus Energy Inc. (CVE) Valuation & P/E History
Cenovus Energy Inc. (CVE) is a US-listed stock operating in the Energy sector currently trading at $33.10 with a market capitalization of $61.0 billion. This page provides historical valuation analysis for CVE based on 1279 data points covering 2021-09-14 to 2026-10-16...
CVE Valuation Metrics & Historical Range
The valuation table above shows Cenovus Energy Inc.'s current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether CVE is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests CVE is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Cenovus Energy Inc..
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is CVE Overvalued or Undervalued?
Cenovus Energy Inc. trades near its historical valuation range, with most metrics close to their median levels. The overall valuation percentile of 50 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive CVE is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full CVE analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.CVE trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.

