Canadian Natural Resources Stock Book Value Per Share
CRC Stock | EUR 28.44 0.32 1.11% |
Canadian Natural Resources fundamentals help investors to digest information that contributes to Canadian Natural's financial success or failures. It also enables traders to predict the movement of Canadian Stock. The fundamental analysis module provides a way to measure Canadian Natural's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Canadian Natural stock.
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Canadian Natural Resources Company Book Value Per Share Analysis
Canadian Natural's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
Current Canadian Natural Book Value Per Share | 34.38 X |
Most of Canadian Natural's fundamental indicators, such as Book Value Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Canadian Natural Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Competition |
In accordance with the recently published financial statements, the book value per share of Canadian Natural Resources is about 34.377 times. This is 42.29% higher than that of the Energy sector and 180.4% higher than that of the Oil & Gas E&P industry. The book value per share for all Germany stocks is 98.22% higher than that of the company.
Canadian Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Canadian Natural's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Canadian Natural could also be used in its relative valuation, which is a method of valuing Canadian Natural by comparing valuation metrics of similar companies.Canadian Natural is rated fifth in book value per share category among its peers.
Canadian Fundamentals
Return On Equity | 0.32 | |||
Return On Asset | 0.14 | |||
Profit Margin | 0.29 % | |||
Operating Margin | 0.41 % | |||
Current Valuation | 65.91 B | |||
Shares Outstanding | 1.11 B | |||
Shares Owned By Insiders | 2.22 % | |||
Shares Owned By Institutions | 77.76 % | |||
Price To Earning | 29.40 X | |||
Price To Book | 2.17 X | |||
Price To Sales | 1.36 X | |||
Revenue | 32.85 B | |||
Gross Profit | 16.3 B | |||
EBITDA | 16.35 B | |||
Net Income | 7.66 B | |||
Cash And Equivalents | 637 M | |||
Cash Per Share | 0.54 X | |||
Total Debt | 13.69 B | |||
Debt To Equity | 0.58 % | |||
Current Ratio | 0.78 X | |||
Book Value Per Share | 34.38 X | |||
Cash Flow From Operations | 14.48 B | |||
Earnings Per Share | 7.13 X | |||
Number Of Employees | 9.73 K | |||
Beta | 2.01 | |||
Market Capitalization | 59.98 B | |||
Total Asset | 76.67 B | |||
Z Score | 2.4 | |||
Annual Yield | 0.04 % | |||
Five Year Return | 3.85 % | |||
Net Asset | 76.67 B | |||
Last Dividend Paid | 2.84 |
About Canadian Natural Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Canadian Natural Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canadian Natural using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canadian Natural Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Information and Resources on Investing in Canadian Stock
When determining whether Canadian Natural Res is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Canadian Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Canadian Natural Resources Stock. Highlighted below are key reports to facilitate an investment decision about Canadian Natural Resources Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Natural Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.