Canadian Natural Resources (CNQ) Price to Book (2010 - 2025)
Canadian Natural Resources' Price to Book came in at 2.17 for Q4 2025, down 7.9% from 2.36 a year earlier.
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Analysis
Canadian Natural Resources (CNQ) Price to Book (2010 - 2025) Analysis & Trends
Going back to Q4 2010, Canadian Natural Resources' Price to Book data covers 45 quarters.
- Going back by year, Price to Book was 2.36 in FY2024 (+1.1%), 2.33 in FY2023 (+7.4%), 2.17 in FY2022 (+30.3%) and 1.67 in FY2021 (+51.8%).
- The Q4 2025 figure represents the lowest quarterly Price to Book since Q4 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn |
| 10 | Suncor Energy | 83.45 Bn | 69.02 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 2.17 |
| Dec 31, 2024 | 2.36 |
| Mar 31, 2024 | 14.45 Mn |
| Dec 31, 2023 | 2.33 |
| Dec 31, 2022 | 2.17 |
| Dec 31, 2021 | 1.67 |
| Dec 31, 2020 | 1.10 |
| Mar 31, 2020 | 0.67 |
| Dec 31, 2019 | 1.40 |
| Sep 30, 2019 | 1.19 |
| Jun 30, 2019 | 1.21 |
| Mar 31, 2019 | 1.35 |
| Dec 31, 2018 | 1.21 |
| Sep 30, 2018 | 1.53 |
| Jun 30, 2018 | 1.77 |
| Mar 31, 2018 | 1.52 |
| Dec 31, 2017 | 1.70 |
| Sep 30, 2017 | 1.45 |
| Jun 30, 2017 | 1.32 |
| Mar 31, 2017 | 1.80 |
API Access
Canadian Natural Resources Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=CNQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "CNQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=CNQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();