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Devon Energy price to book ratio DVN

Market value divided by the book value of the company's net assets, since 2009.

Today, Oct 23, 2026
1.4×
10-year median
2.3×
Against its 10-year history
14th
percentile: 0 is its lowest day, 100 its highest
10-year range
0.4× to 6.0×
Peer median
1.8×

Devon Energy's price to book ratio is 1.4× as of Oct 23, 2026.

That is below its ten-year median of 2.3×, lower than on 86% of days in the last ten years.

Over that time it ranged from 0.4× in Mar 2020 to 6.0× in Mar 2021.

The median for 10 oil and gas producers of a similar size is 1.8×.

Price to book ratio over time

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
2026 so far1.4×1.1×2.1×
20251.5×1.3×1.7×
20241.4×1.4×2.8×
20232.5×2.4×3.9×
20223.7×3.5×5.5×
20213.3×2.1×6.0×
20202.0×0.4×2.1×
20191.5×1.1×1.7×
20181.2×1.2×3.2×
20173.1×2.3×4.4×
20164.1×0.8×4.8×
20151.1×1.0×1.7×
20141.1×1.0×1.6×
20131.2×1.0×1.3×
20121.0×1.0×1.4×
20111.2×1.1×2.1×
20101.8×1.6×2.3×
20092.2×1.9×2.3×

Against its peers

Companies in Oil & Gas Exploration & Production nearest Devon Energy's size, closest first, today.

CompanyPrice to book ratio
DVNDevon Energy1.4×
FANGDiamondback Energy1.5×
OXYOccidental Petroleum1.5×
EOGEOG Resources2.7×
EQTEQT1.4×
TPLTexas Pacific Land14.0×
EXEExpand Energy1.1×
PRPermian Resources1.8×
OVVOvintiv1.7×
APAAPA2.6×
COPConocoPhillips2.8×
Peer median1.8×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on Devon Energy

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.