Ovintiv (OVV) fundamentals: P/E, valuation, undervalued?
Ovintiv · Energy · ref. ETF XLE · price $65.18
In short — Ovintiv trades at 18.0× earnings (P/E), 8.9× forward, with a net margin of 9.7 % and revenue growth of +30 %. Read: Cheap for the growth (P/E 9 for ~37% growth (PEG 0.2)).
Is Ovintiv stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.
📈 1-year price
$65.18+55.3% over range
Aug 28, 25low $35.97 · high $66.82Aug 27, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
SellBuy
Buy
79% recommend buying · 14 analysts
Valuation : Cheap for the growth — P/E 9 for ~37% growth (PEG 0.2)
Valuation
18.0
P/E (price/earnings)
8.9
Forward P/E
0.48
PEG
1.6
Price/book (P/B)
$18.0B
Market cap
3.62
EPS
Profitability & growth
9.7 %
Net margin
+30 %
Revenue growth
+37 %
Earnings growth
$5.0B
Total debt
Ovintiv income statement
| Fiscal year | Revenue | Net income | Margin |
|---|---|---|---|
| 2022 | $12.5B | $3.6B | 29.2 % |
| 2023 | $10.9B | $2.1B | 19.2 % |
| 2024 | $9.2B | $1.1B | 12.3 % |
| 2025 | $8.9B | $1.2B | 13.9 % |
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.
Frequently asked questions
What is Ovintiv's P/E and is the stock undervalued? What's a good P/E?
Ovintiv's P/E is 18.0 (forward 8.9). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Cheap for the growth".
Is Ovintiv profitable?
Ovintiv has a net margin of 9.7 % (EPS 3.62). The company is profitable.
Is OVV stock expensive?
Our read: "Cheap for the growth" — P/E 9 for ~37% growth (PEG 0.2). Cross-check with growth and sector.
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