• Canadian Natural Resources average price/book ratio for 2024 was 2.53, a 19.91% decline from 2023.
• Canadian Natural Resources average price/book ratio for 2023 was 2.11, a 16.57% increase from 2022.
• Canadian Natural Resources average price/book ratio for 2022 was 1.81, a 40.31% increase from 2021.

Price/book ratio can be defined as