00883 Relative Valuation
00883's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, 00883 is overvalued; if below, it's undervalued.
Historical Valuation
CNOOC (00883) is now in the Fair zone, suggesting that its current forward PS ratio of 2.37 is considered Fairly compared with the five-year average of 4.06. The fair price of CNOOC (00883) is between -- to -- according to relative valuation methord.
Relative Value
Fair Zone
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Current Price:20.68
Fair
0.00
PE
1Y
3Y
5Y
3.04
EV/EBITDA
CNOOC. (00883) has a current EV/EBITDA of 3.04. The 5-year average EV/EBITDA is 2.11. The thresholds are as follows: Strongly Undervalued below 0.98, Undervalued between 0.98 and 1.55, Fairly Valued between 2.68 and 1.55, Overvalued between 2.68 and 3.24, and Strongly Overvalued above 3.24. The current Forward EV/EBITDA of 3.04 falls within the Overvalued range.
4.53
EV/EBIT
CNOOC. (00883) has a current EV/EBIT of 4.53. The 5-year average EV/EBIT is 3.04. The thresholds are as follows: Strongly Undervalued below 1.40, Undervalued between 1.40 and 2.22, Fairly Valued between 3.86 and 2.22, Overvalued between 3.86 and 4.68, and Strongly Overvalued above 4.68. The current Forward EV/EBIT of 4.53 falls within the Overvalued range.
2.37
PS
CNOOC. (00883) has a current PS of 2.37. The 5-year average PS is 1.54. The thresholds are as follows: Strongly Undervalued below 0.73, Undervalued between 0.73 and 1.13, Fairly Valued between 1.94 and 1.13, Overvalued between 1.94 and 2.35, and Strongly Overvalued above 2.35. The current Forward PS of 2.37 falls within the Strongly Overvalued range.
4.57
P/OCF
CNOOC. (00883) has a current P/OCF of 4.57. The 5-year average P/OCF is 2.99. The thresholds are as follows: Strongly Undervalued below 1.37, Undervalued between 1.37 and 2.18, Fairly Valued between 3.80 and 2.18, Overvalued between 3.80 and 4.60, and Strongly Overvalued above 4.60. The current Forward P/OCF of 4.57 falls within the Overvalued range.
12.01
P/FCF
CNOOC. (00883) has a current P/FCF of 12.01. The 5-year average P/FCF is 6.39. The thresholds are as follows: Strongly Undervalued below 1.86, Undervalued between 1.86 and 4.13, Fairly Valued between 8.65 and 4.13, Overvalued between 8.65 and 10.91, and Strongly Overvalued above 10.91. The current Forward P/FCF of 12.01 falls within the Strongly Overvalued range.
CNOOC (00883) has a current Price-to-Book (P/B) ratio of 1.18. Compared to its 3-year average P/B ratio of 1.03 , the current P/B ratio is approximately 14.81% higher. Relative to its 5-year average P/B ratio of 0.87, the current P/B ratio is about 34.97% higher. CNOOC (00883) has a Forward Free Cash Flow (FCF) yield of approximately 9.73%. Compared to its 3-year average FCF yield of 13.67%, the current FCF yield is approximately -28.80% lower. Relative to its 5-year average FCF yield of 13.44% , the current FCF yield is about -27.62% lower.
1.18
P/B
Median3y
1.03
Median5y
0.87
9.73
FCF Yield
Median3y
13.67
Median5y
13.44
Performance Decomposition
1Y
3Y
5Y
Market capitalization of 00883 increased by 0.00% over the past 1 year. The primary factor behind the change was an decrease in Unknown from 0.00 to 0.00.
The secondary factor is the Unknown, contributed 0.00%to the performance.
Overall, the performance of 00883 in the past 1 year is driven by Unknown.
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Frequently Asked Questions
Is CNOOC (00883) currently overvalued or undervalued?
CNOOC (00883) is now in the Fair zone, suggesting that its current forward PS ratio of 2.37 is considered Fairly compared with the five-year average of 4.06. The fair price of CNOOC (00883) is between to according to relative valuation methord.
What is CNOOC (00883) fair value?
00883's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average , adjusted by weights. The fair price of CNOOC (00883) is between to according to relative valuation methord.
How does 00883's valuation metrics compare to the industry average?
The average P/S ratio for 00883's competitors is , providing a benchmark for relative valuation. CNOOC Corp (00883) exhibits a P/S ratio of , which is NaN% above the industry average. Given its robust revenue growth of %, this premium appears unsustainable.
What is the current P/B ratio for CNOOC (00883) as of Jan 08 2026?
As of Jan 08 2026, CNOOC (00883) has a P/B ratio of 1.18. This indicates that the market values 00883 at 1.18 times its book value.
What is the current FCF Yield for CNOOC (00883) as of Jan 08 2026?
As of Jan 08 2026, CNOOC (00883) has a FCF Yield of 9.73%. This means that for every dollar of CNOOC’s market capitalization, the company generates 9.73 cents in free cash flow.
What is the current Forward P/E ratio for CNOOC (00883) as of Jan 08 2026?
As of Jan 08 2026, CNOOC (00883) has a Forward P/E ratio of 0.00. This means the market is willing to pay $0.00 for every dollar of CNOOC’s expected earnings over the next 12 months.
What is the current Forward P/S ratio for CNOOC (00883) as of Jan 08 2026?
As of Jan 08 2026, CNOOC (00883) has a Forward P/S ratio of 2.37. This means the market is valuing 00883 at $2.37 for every dollar of expected revenue over the next 12 months.