CVE PEG Ratio Analysis

The PEG ratio (price-to-earnings divided by earnings growth rate) of 0.12x means the stock’s price is very low relative to its expected earnings growth — for non-experts, a PEG below 1.0 typically suggests the stock may be undervalued given its growth prospects.

Compared to sector peers, this 0.12x is far below the sector median of 0.97x and places CVE in the 10th percentile, meaning only 10% of peers have a lower PEG. The year-over-year change is not available, but the quarter-over-quarter change is -14.3%, indicating the PEG has decreased from 0.14x to 0.12x in the last two quarters. While the extremely low level points to a potential valuation opportunity, the downward trend could reflect declining growth estimates or falling investor confidence, creating mixed signals. This combination of a very low PEG with a negative quarterly trend neither strongly supports nor contradicts the overall NEUTRAL verdict — the low level suggests upside, but the declining trend tempers that view, aligning with a balanced assessment.

Frequently Asked Questions

Closest Sector Peers