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CNOOC Ltd
SSE:600938

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CNOOC Ltd
SSE:600938
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Price: 37.39 CNY -5.96% Market Closed
Market Cap: ¥1T

Multiples-Based Value

The Multiples-Based Value for CNOOC Ltd (600938) under the Base Case is 23.93 CNY. Compared with the current market price of 37.39 CNY, the stock appears Overvalued by 36%.

Multiples-Based Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

Multiples-Based Value
Base Case
23.93 CNY
Overvaluation 36%
Multiples-Based Value
Price ¥37.39
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Worst Case
Base Case
Best Case

Multiples Across Competitors

Competitors Multiples
CNOOC Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CN
CNOOC Ltd
SSE:600938
1.1T CNY 2.6 8.4 4.8 4.8
US
Conocophillips
NYSE:COP
161.4B USD 2.7 20.2 7.7 15.7
CA
Canadian Natural Resources Ltd
TSX:CNQ
139.9B CAD 3.6 12.9 8.2 15.8
US
EOG Resources Inc
NYSE:EOG
77.5B USD 3.4 15.6 7 11.3
PK
Oil and Gas Development Co Ltd
LSE:37OC
59.6B USD 43 103.8 81.3 99.6
US
Diamondback Energy Inc
NASDAQ:FANG
55.6B USD 3.7 33.6 7 14.1
AU
Woodside Energy Group Ltd
ASX:WDS
68.1B AUD 3.1 15 5.5 13.7
US
Hess Corp
NYSE:HES
46.1B USD 3.7 20.7 8.2 13.4
US
Pioneer Natural Resources Co
LSE:0KIX
46B USD 2.4 9.4 5.4 7.8
US
Venture Global Inc
NYSE:VG
38.5B USD 2.9 17.4 11.6 13.7
US
EQT Corp
NYSE:EQT
37.9B USD 4.4 18.6 7.4 12.9
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