Basis: FMP quote price / unrounded diluted EPS from four consecutive issuer fiscal quarters. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the P/E ratio high or low?
The P/E ratio of 12.42 is in line with its 5-year average of 11.62, around the middle of its 5-year range (5.85–22.41).
As of 2026-09-12T00:15:25.159Z. 7.48% below its 12-month average of 13.42.
Calculation as of: 2026-09-12T00:15:25.159Z.
Quote observation: 2026-09-11T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 36b1f78b44061052e0f3e3f3852bc06a948014710d3949b63b0fe9c0795a5a27
PE Ratio (12.42) = Close Price ($50.07) / Diluted TTM EPS ($4.03)
PE RATIO
12.42
PE RATIO AVG TTM
13.42
PE RATIO AVG 3Y
13.04
PE RATIO AVG 5Y
11.62
PE RATIO AVG 10Y
12.72
PE RATIO AVG 15Y
13.90
PE RATIO AVG 20Y
14.09
CURRENT VS TTM AVG
-7.48%
CURRENT VS 3Y AVG
-4.73%
CURRENT VS 5Y AVG
+6.89%
CURRENT VS 10Y AVG
-2.37%
CURRENT VS 15Y AVG
-10.62%
CURRENT VS 20Y AVG
-11.83%
SECTOR MEDIAN · ENERGY
15.68
median of 45 covered companies
CURRENT VS SECTOR MEDIAN
-20.79%
vs the sector median at left
Canadian Natural Resources Limited
Market Cap
$104.43B
PE Ratio
12.42
TTM Avg
13.42
3Y Avg
13.04
5Y Avg
11.62
Market Cap
$115.59B
PE Ratio
13.63
TTM Avg
19.33
3Y Avg
14.13
5Y Avg
14.59
Market Cap
$89.11B
PE Ratio
28.91
TTM Avg
31.99
3Y Avg
25.18
5Y Avg
24.76
Market Cap
$84.16B
PE Ratio
13.51
TTM Avg
13.15
3Y Avg
12.07
5Y Avg
11.90
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Canadian Natural Resources Limited (CNQ) | $104.43B | 12.42 | 13.42 | 13.04 | 11.62 |
| Phillips 66 (PSX)vs › | $104.03B | 14.78 | 25.44 | 18.51 | 15.54 |
| Valero Energy Corporation (VLO)vs › | $112.41B | 16.19 | 33.17 | 21.90 | 18.40 |
| Marathon Petroleum Corporation (MPC)vs › | $115.59B | 13.63 | 19.33 | 14.13 | 14.59 |
| The Williams Companies, Inc. (WMB)vs › | $89.11B | 28.91 | 31.99 | 25.18 | 24.76 |
| Enterprise Products Partners L.P. (EPD)vs › | $84.16B | 13.51 | 13.15 | 12.07 | 11.90 |
| Slb N.V. (SLB)vs › | $83.20B | 27.35 | 19.55 | 16.51 | 20.16 |
| Suncor Energy Inc. (SU)vs › | $81.27B | 12.84 | 15.44 | 11.22 | 10.89 |
| Eni S.p.A. (E)vs › | $81.20B | 14.17 | 23.53 | 17.36 | 13.53 |
| EOG Resources, Inc. (EOG)vs › | $78.49B | 11.47 | 12.35 | 10.75 | 11.92 |
At 12.4, P/E is near its 20-year median — higher than 39% of readings in its 20-year history.
20-year low
3.0
median
13.8
20-year high
446.5
Trailing P/E
12.4
Forward P/E
N/A
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PE RATIO |
|---|---|
| 2026-09-10 | 12.60 |
| 2026-09-09 | 12.74 |
| 2026-09-08 | 12.63 |
| 2026-09-04 | 12.52 |
| 2026-09-03 | 12.68 |
| 2026-09-02 | 12.85 |
| 2026-09-01 | 12.85 |
| 2026-08-31 | 12.42 |
| 2026-08-28 | 12.15 |
| 2026-08-27 | 12.35 |
| 2026-08-26 | 12.31 |
| 2026-08-25 | 12.30 |
| 2026-08-24 | 12.57 |
| 2026-08-21 | 12.75 |
| 2026-08-20 | 12.66 |
| 2026-08-19 | 12.28 |
| 2026-08-18 | 12.30 |
| 2026-08-17 | 12.22 |
| 2026-08-14 | 11.90 |
| 2026-08-13 | 11.81 |
| 2026-08-12 | 11.80 |
| 2026-08-11 | 11.81 |
| 2026-08-10 | 11.72 |
| 2026-08-07 | 11.29 |
| 2026-08-06 | 13.46 |
| 2026-08-05 | 13.25 |
| 2026-08-04 | 13.67 |
| 2026-08-03 | 13.73 |
| 2026-07-31 | 14.12 |
| 2026-07-30 | 14.00 |
| 2026-07-29 | 13.75 |
| 2026-07-28 | 13.08 |
| 2026-07-27 | 13.26 |
| 2026-07-24 | 13.75 |
| 2026-07-23 | 13.92 |
| 2026-07-22 | 13.56 |
| 2026-07-21 | 13.29 |
| 2026-07-20 | 13.01 |
| 2026-07-17 | 13.00 |
| 2026-07-16 | 12.69 |
| 2026-07-15 | 12.65 |
| 2026-07-14 | 12.62 |
| 2026-07-13 | 12.75 |
| 2026-07-10 | 12.38 |
| 2026-07-09 | 12.40 |
| 2026-07-08 | 12.56 |
| 2026-07-07 | 12.05 |
| 2026-07-06 | 11.65 |
| 2026-07-02 | 11.74 |
| 2026-07-01 | 11.52 |
| 2026-06-30 | 11.70 |
| 2026-06-29 | 11.64 |
| 2026-06-26 | 11.69 |
| 2026-06-25 | 11.73 |
| 2026-06-24 | 11.66 |
| 2026-06-23 | 12.15 |
| 2026-06-22 | 12.37 |
| 2026-06-18 | 12.15 |
| 2026-06-17 | 12.56 |
| 2026-06-16 | 12.82 |
| 2026-06-15 | 13.03 |
| 2026-06-12 | 13.41 |
| 2026-06-11 | 13.45 |
| 2026-06-10 | 13.48 |
| 2026-06-09 | 13.27 |
| 2026-06-08 | 13.71 |
| 2026-06-05 | 13.53 |
| 2026-06-04 | 14.11 |
| 2026-06-03 | 14.12 |
| 2026-06-02 | 13.98 |
| 2026-06-01 | 13.61 |
| 2026-05-29 | 13.43 |
| 2026-05-28 | 13.56 |
| 2026-05-27 | 13.55 |
| 2026-05-26 | 13.87 |
| 2026-05-22 | 14.39 |
| 2026-05-21 | 14.42 |
| 2026-05-20 | 14.44 |
| 2026-05-19 | 14.63 |
| 2026-05-18 | 14.49 |
| 2026-05-15 | 14.21 |
| 2026-05-14 | 14.09 |
| 2026-05-13 | 13.98 |
| 2026-05-12 | 13.89 |
| 2026-05-11 | 13.38 |
| 2026-05-08 | 13.19 |
| 2026-05-07 | 11.99 |
| 2026-05-06 | 12.23 |
| 2026-05-05 | 12.83 |
| 2026-05-04 | 12.76 |
| 2026-05-01 | 12.59 |
| 2026-04-30 | 12.78 |
| 2026-04-29 | 12.66 |
| 2026-04-28 | 12.43 |
| 2026-04-27 | 12.07 |
| 2026-04-24 | 11.86 |
| 2026-04-23 | 12.18 |
| 2026-04-22 | 11.98 |
| 2026-04-21 | 11.87 |
| 2026-04-20 | 11.61 |
| 2026-04-17 | 11.53 |
| 2026-04-16 | 12.41 |
| 2026-04-15 | 12.27 |
| 2026-04-14 | 12.24 |
| 2026-04-13 | 12.56 |
| 2026-04-10 | 12.43 |
| 2026-04-09 | 12.25 |
| 2026-04-08 | 12.45 |
| 2026-04-07 | 13.18 |
| 2026-04-06 | 12.94 |
| 2026-04-02 | 12.74 |
| 2026-04-01 | 12.48 |
| 2026-03-31 | 13.06 |
| 2026-03-30 | 13.24 |
| 2026-03-27 | 13.43 |
| 2026-03-26 | 13.06 |
| 2026-03-25 | 21.80 |
| 2026-03-24 | 21.73 |
| 2026-03-23 | 21.45 |
| 2026-03-20 | 21.73 |
| 2026-03-19 | 22.41 |
| 2026-03-18 | 21.77 |
| 2026-03-17 | 21.71 |
| 2026-03-16 | 21.63 |
| 2026-03-13 | 21.47 |
| 2026-03-12 | 21.53 |
| 2026-03-11 | 20.95 |
| 2026-03-10 | 20.27 |
| 2026-03-09 | 20.50 |
| 2026-03-06 | 20.53 |
| 2026-03-05 | 20.09 |
| 2026-03-04 | 19.59 |
| 2026-03-03 | 19.56 |
| 2026-03-02 | 19.66 |
| 2026-02-27 | 19.40 |
| 2026-02-26 | 19.10 |
| 2026-02-25 | 18.87 |
| 2026-02-24 | 18.88 |
| 2026-02-23 | 18.77 |
| 2026-02-20 | 18.80 |
| 2026-02-19 | 18.84 |
| 2026-02-18 | 18.47 |
| 2026-02-17 | 17.99 |
| 2026-02-13 | 18.03 |
| 2026-02-12 | 17.73 |
| 2026-02-11 | 18.01 |
| 2026-02-10 | 17.33 |
| 2026-02-09 | 17.36 |
| 2026-02-06 | 17.33 |
| 2026-02-05 | 16.80 |
| 2026-02-04 | 17.08 |
| 2026-02-03 | 16.61 |
| 2026-02-02 | 16.18 |
| 2026-01-30 | 16.50 |
| 2026-01-29 | 16.79 |
| 2026-01-28 | 16.45 |
| 2026-01-27 | 16.26 |
| 2026-01-26 | 15.98 |
| 2026-01-23 | 16.02 |
| 2026-01-22 | 15.73 |
| 2026-01-21 | 15.95 |
| 2026-01-20 | 15.26 |
| 2026-01-16 | 15.23 |
| 2026-01-15 | 15.12 |
| 2026-01-14 | 15.35 |
| 2026-01-13 | 14.70 |
| 2026-01-12 | 14.32 |
| 2026-01-09 | 14.22 |
| 2026-01-08 | 13.99 |
| 2026-01-07 | 13.56 |
| 2026-01-06 | 14.00 |
| 2026-01-05 | 14.29 |
| 2026-01-02 | 15.21 |
| 2025-12-31 | 15.01 |
| 2025-12-30 | 15.03 |
| 2025-12-29 | 14.72 |
| 2025-12-26 | 14.54 |
| 2025-12-24 | 14.62 |
| 2025-12-23 | 14.55 |
| 2025-12-22 | 14.33 |
| 2025-12-19 | 14.14 |
| 2025-12-18 | 13.96 |
| 2025-12-17 | 14.12 |
| 2025-12-16 | 13.85 |
| 2025-12-15 | 14.37 |
| 2025-12-12 | 14.62 |
| 2025-12-11 | 14.69 |
| 2025-12-10 | 14.95 |
| 2025-12-09 | 14.95 |
| 2025-12-08 | 15.10 |
| 2025-12-05 | 15.36 |
| 2025-12-04 | 15.28 |
| 2025-12-03 | 15.13 |
| 2025-12-02 | 14.87 |
| 2025-12-01 | 15.09 |
| 2025-11-28 | 14.97 |
| 2025-11-26 | 14.77 |
| 2025-11-25 | 14.74 |
| 2025-11-24 | 14.60 |
| 2025-11-21 | 14.82 |
| 2025-11-20 | 15.06 |
| 2025-11-19 | 15.07 |
| 2025-11-18 | 15.09 |
| 2025-11-17 | 14.78 |
| 2025-11-14 | 14.88 |
| 2025-11-13 | 14.43 |
| 2025-11-12 | 14.38 |
| 2025-11-11 | 14.36 |
| 2025-11-10 | 14.18 |
| 2025-11-07 | 14.03 |
| 2025-11-06 | 11.12 |
| 2025-11-05 | 11.26 |
| 2025-11-04 | 11.08 |
| 2025-11-03 | 11.29 |
| 2025-10-31 | 11.31 |
| 2025-10-30 | 11.28 |
| 2025-10-29 | 11.36 |
| 2025-10-28 | 11.07 |
| 2025-10-27 | 11.13 |
| 2025-10-24 | 11.05 |
| 2025-10-23 | 11.04 |
| 2025-10-22 | 10.72 |
| 2025-10-21 | 10.57 |
| 2025-10-20 | 10.63 |
| 2025-10-17 | 10.64 |
| 2025-10-16 | 10.67 |
| 2025-10-15 | 10.90 |
| 2025-10-14 | 10.93 |
| 2025-10-13 | 11.16 |
| 2025-10-10 | 11.09 |
| 2025-10-09 | 11.55 |
| 2025-10-08 | 11.53 |
| 2025-10-07 | 11.57 |
| 2025-10-06 | 11.46 |
| 2025-10-03 | 11.24 |
| 2025-10-02 | 11.11 |
| 2025-10-01 | 11.22 |
| 2025-09-30 | 11.29 |
| 2025-09-29 | 11.41 |
| 2025-09-26 | 11.55 |
| 2025-09-25 | 11.47 |
| 2025-09-24 | 11.58 |
| 2025-09-23 | 11.35 |
| 2025-09-22 | 11.34 |
| 2025-09-19 | 11.16 |
| 2025-09-18 | 11.49 |
| 2025-09-17 | 11.57 |
| 2025-09-16 | 11.63 |
| 2025-09-15 | 11.31 |
| 2025-09-12 | 11.02 |
| 2025-09-11 | 11.03 |
| 2025-09-10 | 11.02 |
| 2025-09-09 | 10.91 |
| 2025-09-08 | 10.70 |
| 2025-09-05 | 10.72 |
| 2025-09-04 | 11.08 |
| 2025-09-03 | 11.03 |
| 2025-09-02 | 11.30 |
| 2025-08-29 | 11.18 |
| 2025-08-28 | 11.12 |
Showing the most recent 260 of 4,592 data points. The chart above shows the full history.