OVV Ovintiv PE ratio, current and historical analysis
As of Apr 1, 2025, the OVV stock has a PE ratio of 10.33. The calculation is based on the latest EPS of $4.25 and the stock price of $43.91 per share. An increase of 47% has been observed in the PE ratio compared to its average of 7.0 of the past four quarters.
OVV PE ratio history
The mean historical PE ratio of Ovintiv over the last eight years is 16.87. The current 10.33 price-to-earnings ratio is 39% less than the historical average. Analyzing the last eight years, OVV's PE ratio reached its highest point in the Jun 2018 quarter at 217.5, with a price of $65.25 and an EPS of $0.3. The Mar 2020 quarter saw the lowest point at 0.8, with a price of $2.7 and an EPS of $3.38.
Ovintiv PE ratio by year
Maximum annual increase: 20,063.22% in 2011
Maximum annual decrease: -94.63% in 2014
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 9.53 | 73.91% | $40.5 | $4.25 |
| 2023 | 5.48 | 54.8% | $43.92 | $8.02 |
| 2022 | 3.54 | -42.81% | $50.71 | $14.34 |
| 2021 | 6.19 | N/A | $33.7 | $5.44 |
| 2020 | N/A | N/A | $14.36 | -$23.47 |
| 2019 | 26.06 | 402.12% | $23.45 | $0.9 |
| 2018 | 5.19 | -66.9% | $28.9 | $5.57 |
| 2017 | 15.68 | N/A | $66.65 | $4.25 |
| 2016 | N/A | N/A | $58.7 | -$5.35 |
| 2015 | N/A | N/A | $25.45 | -$31.4 |
| 2014 | 3.03 | -94.63% | $69.35 | $22.9 |
| 2013 | 56.41 | N/A | $90.25 | $1.6 |
| 2012 | N/A | N/A | $98.8 | -$18.95 |
| 2011 | 1,853 | 20,063.22% | $92.65 | $0.05 |
| 2010 | 9.19 | -29.63% | $145.6 | $15.85 |
Ovintiv PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Dec 2024 | 9.53 | 90.98% | $40.5 | $4.25 |
| Sep 2024 | 4.99 | -22.99% | $38.31 | $7.68 |
| Jun 2024 | 6.48 | -8.86% | $46.87 | $7.23 |
| Mar 2024 | 7.11 | 29.74% | $51.9 | $7.3 |
| Dec 2023 | 5.48 | 17.09% | $43.92 | $8.02 |
| Sep 2023 | 4.68 | 64.21% | $47.57 | $10.16 |
| Jun 2023 | 2.85 | 37.02% | $38.07 | $13.38 |
| Mar 2023 | 2.08 | -41.24% | $36.08 | $17.31 |
| Dec 2022 | 3.54 | 10.63% | $50.71 | $14.34 |
| Sep 2022 | 3.2 | -32.06% | $46 | $14.36 |
| Jun 2022 | 4.71 | -71.18% | $44.19 | $9.38 |
| Mar 2022 | 16.34 | 163.97% | $54.07 | $3.31 |
| Dec 2021 | 6.19 | N/A | $33.7 | $5.44 |
| Sep 2021 | N/A | N/A | $32.88 | -$2.25 |
| Jun 2021 | N/A | N/A | $31.47 | -$7.82 |
OVV average PE ratio chart
OVV's current PE ratio is higher than the 3 and 5-year averages, but it is under its 10-year average.
OVV PE vs peers
When compared to its peer stock PR, OVV's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PR Permian Resources Corp | 8.96 | $11.09B |
| OVV Ovintiv Inc | 10.33 | $11.43B |
Frequently asked questions
What is Ovintiv's PE ratio?
As of Apr 1, 2025, OVV stock has a price to earnings ratio of 10.33.
What is the 3-year average PE ratio for Ovintiv (OVV)?
The 3-year average PE ratio for OVV stock is 4.97.
What is the 5-year average PE ratio for Ovintiv (OVV)?
The 5-year average PE ratio for OVV stock is 5.94.
What is the highest PE ratio for OVV?
Over the last eight years, the quarterly PE ratio reached its highest level at 217.5 in the Jun 2018 quarter.
How does the current PE ratio for OVV compare to its historical average?
OVV's current price to earnings ratio is 39% below its 8-year historical average.
How is OVV's PE ratio calculated (Ovintiv PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Apr 1, 2025), Ovintiv's share price is $43.91. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $4.25. Therefore, Ovintiv's price to earnings ratio for today is 10.33. PE RATIO(10.33) = STOCK PRICE($43.91) / TTM EPS($4.25)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.