• Cenovus Energy Inc average price/book ratio for 2023 was 1.56, a 0% decline from 2022.
• Cenovus Energy Inc average price/book ratio for 2022 was 1.56, a 60.82% decline from 2021.
• Cenovus Energy Inc average price/book ratio for 2021 was 0.97, a 155.26% increase from 2020.

Price/book ratio can be defined as