Ovintiv PE ratio OVV

Share price divided by earnings per share over the last twelve months, since 2017.

Today, Oct 23, 2026: 20.5×
9-year median: 6.6×
Against its 9-year history: 88th; percentile: 0 is its lowest day, 100 its highest
9-year range: 2.0× to 229×
Peer median: 12.1×

Ovintiv's PE ratio is 20.5× as of Oct 23, 2026: a share price of $72.27 against $3.53 of earnings per share over the last twelve months.

That is above its 9-year median of 6.6×, higher than on 88% of days in the last 9 years.

Over that time it ranged from 2.0× in May 2023 to 229× in Aug 2018.

The median for 10 oil and gas producers of a similar size is 12.1×.

PE ratio over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	20.5×	10.5×	55.6×
2025	41.7×	5.5×	46.5×
2024	5.1×	4.1×	7.2×
2023	4.4×	2.0×	4.5×
2022	3.6×	3.3×	19.0×
2021	n/m a value too high to mean anything
2020	3.3×	2.3×	21.7×
2019	3.7×	3.2×	8.9×
2018	143×	12.5×	229×
2017	16.9×	14.1×	16.9×

Against its peers

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

Company	PE ratio
OVVOvintiv	20.5×
PRPermian Resources	16.9×
EXEExpand Energy	8.1×
APAAPA	11.0×
TPLTexas Pacific Land	43.1×
VNOMViper Energy	361×
ARANTERO RESOURCES	11.5×
EQTEQT	12.9×
RRCRange Resources	12.6×
SMSM Energy	7.9×
CHRDChord Energy	10.6×
Peer median	12.1×

Where Ovintiv ranks

What the PE ratio tells you

Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.

Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.

More on Ovintiv

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.