CVENEUTRAL

CVE P/E Ratio Analysis

6.9x

Updated 203h ago·SEC filings & market data

Key Takeaway

The P/E ratio, or price-to-earnings ratio, compares the stock price to its per-share earnings; a current 9.8x means investors pay $9.80 for every $1 of earnings.

Sector Performance

3th percentile

CVE

6.9x

Sector Median

23.1x

Sector Avg

33.8x

Prior Period

9.8x(Jul 2026)

↑ Improving

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Deep Analysis

The P/E ratio, or price-to-earnings ratio, compares the stock price to its per-share earnings; a current 9.8x means investors pay $9.80 for every $1 of earnings.

This is well below the sector median of 24.1x, placing CVE in the 6th percentile among its peers — meaning it is among the cheapest in its sector on an earnings basis. The year-over-year change is not available, but the quarter-over-quarter change shows a decline of 16.6% from 11.7x to 9.8x. A low P/E often signals that the market sees higher risk or lower growth expectations, and the recent downward trend amplifies that caution rather than suggesting a simple bargain. Because the valuation is already depressed and still falling, the combination points to potential risk of further deterioration or a value trap, though it could also appeal to contrarian investors. This metric supports the NEUTRAL verdict: the cheap multiple may offer upside if fundamentals improve, but the declining trend warns against outright bullishness.

Frequently Asked Questions

What does the P/E Ratio tell investors about CVE?

Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.

How is the P/E Ratio calculated?

P/E Ratio is calculated as: Price / EPS.

Who are CVE's closest peers by P/E Ratio?

The closest peers by P/E Ratio include: RUN (7.9x), CMCSA (7.8x), EG (7.8x), CHRD (7.7x), OXY (7.4x).

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The Formula

Price / EPS

Why It Matters

Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.