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Cenovus Energy Inc

CVE Energy Oil & Gas Integrated

Cenovus Energy Inc’s revenue for fiscal 2025 (year ended December 2025) was $35.6 billion, down 10.2% from fiscal 2024.

Revenue: +41.3%
EPS: +226.5%
Free cash flow: +18,996.5%
Total debt: +14.0%

Quarter to June 2026, against a year earlier

27.68 0.07 +0.25%

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Market cap: $50.2B
P/E: 10.7×
Fwd P/E: 7.9×
Dividend yield: 2.18%
F-score: 7/9
Altman Z: 2.20
Beneish M: −2.51
Dividend safety: 66/100

Overview

Cenovus Energy Inc (CVE) P/B ratio

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As of 5 November 2026, Cenovus Energy Inc (CVE) trades at a P/B ratio of 2.1×. Over the past ten years it has ranged from 0.1× (March 2020) to 2.6× (June 2022); the current reading is higher than 95% of that period. That is above the Oil & Gas Integrated industry median of 1.4× and above the Energy sector median of 1.4×.

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<iframe src="https://stockrow.com/embed/CVE/pb-ratio" width="100%" height="360" style="border:0" loading="lazy" title="Cenovus Energy Inc P/B ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/CVE/metrics/pb-ratio">Cenovus Energy Inc (CVE) P/B ratio — stockrow.com</a></p>

Period	P/B ratio	Change
FY2025	1.4×	3.94%
FY2024	1.3×	(13.22%)
FY2023	1.5×	(12.02%)
FY2022	1.7×	27.26%
FY2021	1.3×	125.83%
FY2020	0.6×	(30.96%)
FY2019	0.9×	34.48%
FY2018	0.6×	(7.99%)
FY2017	0.7×	(51.95%)
FY2016	1.5×	33.78%

Period	P/B ratio	Change
Jun 2026	1.9×	(10.97%)
Mar 2026	2.1×	54.54%
Dec 2025	1.4×	(8.34%)
Sep 2025	1.5×	27.40%
42 more quarters	Free account

Against its own ten years

Low 0.1× High 2.6×

Ten-year median 1.3×

Current reading's percentile 95

Company	P/B ratio
PBR.A Petroleo Brasileiro S.A.- Petrobras compare	1.2×
E Eni SpA compare	1.2×
PBR Petroleo Brasileiro S.A.- Petrobras compare	1.3×
TTE TotalEnergies SE Sponsored ADR compare	1.5×
EC Ecopetrol S.A. compare	1.5×
BP BP p.l.c. compare	1.5×
CVE Cenovus Energy Inc	2.1×
EQNR Equinor ASA compare	2.2×
YPF YPF Sociedad Anonima compare	11.9×
Oil & Gas Integrated industry median	1.4×
Energy sector median	1.4×
Market median	1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

Cenovus Energy Inc (CVE) P/B ratio

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on CVE

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on CVE

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