Ovintiv is trading with a PEG ratio of 0.31, based on Sep 23, 2026 data. Dividing the 16.83 PE ratio by the 53.7% earnings growth rate yields this valuation metric.
OVV PEG ratio history
Historically, Ovintiv maintains a PEG ratio averaging 0.14 across the past ten years. At 0.31, today's PEG ratio sits 121% higher than its historical average. The ten years high occurred in the Mar 2026 quarter at 0.64, reflecting maximum valuation relative to growth. The minimum was hit in the Jun 2019 quarter at 0, indicating optimal value relative to growth during that period.
Ovintiv PEG ratio by year
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.6 | 8.11 | 13.6% |
| 2024 | N/A | 9.53 | -47% |
| 2023 | N/A | 5.48 | -44.1% |
| 2022 | 0.02 | 3.54 | 163.6% |
| 2021 | 0.05 | 6.19 | 123.2% |
| 2020 | N/A | N/A | -2,707.8% |
| 2019 | N/A | 26.06 | -83.8% |
| 2018 | 0.17 | 5.19 | 31.1% |
| 2017 | 0.09 | 15.68 | 180.2% |
| 2016 | N/A | N/A | 83.1% |
| 2015 | N/A | N/A | -237.1% |
| 2014 | 0 | 3.03 | 1,331.3% |
| 2013 | 0.52 | 56.41 | 108.5% |
| 2012 | N/A | N/A | -37,900% |
| 2011 | N/A | 1,853 | -99.7% |
Ovintiv PEG ratio by quarter (TTM)
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Jun 2026 | 0.28 | 14.83 | 53.7% |
| Mar 2026 | 0.64 | 19.09 | 29.6% |
| Dec 2025 | 0.6 | 8.11 | 13.6% |
| Sep 2025 | N/A | 42.06 | -87.5% |
| Jun 2025 | N/A | 16.47 | -68% |
| Mar 2025 | N/A | 17.83 | -67.1% |
| Dec 2024 | N/A | 9.53 | -47% |
| Sep 2024 | N/A | 4.99 | -24.4% |
| Jun 2024 | N/A | 6.48 | -46% |
| Mar 2024 | N/A | 7.11 | -57.8% |
| Dec 2023 | N/A | 5.48 | -44.1% |
| Sep 2023 | N/A | 4.68 | -29.2% |
| Jun 2023 | 0.07 | 2.85 | 42.6% |
| Mar 2023 | 0 | 2.08 | 423% |
| Dec 2022 | 0.02 | 3.54 | 163.6% |
OVV average PEG ratio chart
OVV's PEG ratio today is above its 5 and 10-year averages.
PEG comparison
Ovintiv's PEG of 0.31 is above the industry average but below the Energy sector average. In comparison with its Energy sector average of 0.38, Ovintiv's PEG is 18% lower.
OVV EPS growth
OVV Price vs fair value
OVV PEG vs peers
Frequently asked questions
What is Ovintiv's PEG ratio?
According to Sep 23, 2026 data, OVV's PEG ratio sits at 0.31.
What is the 5-year average PEG ratio for Ovintiv (OVV)?
Historical data over a 5-year period places OVV's average PEG ratio at 0.18.
What is the highest PEG ratio for OVV?
OVV's PEG ratio peaked at 0.64 during the Mar 2026 quarter - the highest in ten years.
How does the current PEG ratio for OVV compare to its historical average?
Compared to the 10-year average, OVV's PEG ratio is 121% higher.
Why is Ovintiv's PEG ratio so low?
Rapid earnings expansion combined with a reasonable valuation yields OVV a PEG ratio of 0.31.
How is OVV's PEG ratio calculated (Ovintiv PEG ratio formula)?
To calculate the PEG ratio, take the company's PE ratio and divide by its EPS growth rate (YoY TTM). As of Sep 23, 2026, Ovintiv carries a P/E ratio of 16.83. Earnings grew at 53.7% over the TTM period ending Jun 2026. Applying the formula, this yields a price to earnings growth ratio of 0.31. PEG RATIO(0.31) = PE RATIO(16.83) / EPS GROWTH(53.7%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.