Ovintiv Stock Price To Earning

OVV Stock

USD 46.71 0.12 0.26%

Ovintiv fundamentals help investors to digest information that contributes to Ovintiv's financial success or failures. It also enables traders to predict the movement of Ovintiv Stock. The fundamental analysis module provides a way to measure Ovintiv's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ovintiv stock.

Short Long Term Debt Total Total Assets

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Ovintiv Company Price To Earning Analysis

Ovintiv's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

P/E

Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis

Current Ovintiv Price To Earning

3.93 X

Most of Ovintiv's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ovintiv is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Ovintiv Price To Earning Driver Correlations

Understanding the fundamental principles of building solid financial models for Ovintiv is extremely important. It helps to project a fair market value of Ovintiv Stock properly, considering its historical fundamentals such as Price To Earning. Since Ovintiv's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ovintiv's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ovintiv's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Intangible Assets	Good Will	Short Term Investments	Long Term Debt	Long Term Debt Total	Capital Surpluse	Property Plant Equipment	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Cash And Equivalents	Net Invested Capital	Net Working Capital	Short Long Term Debt	Capital Stock	Accumulated Depreciation
Total Assets		0.8	0.84	0.51	0.16	0.81	0.88	0.46	0.12	0.32	0.77	0.58	-0.2	-0.18	0.29	0.2	-0.07	0.31	0.31	-0.14	0.16	-0.05	0.39	0.0	-0.08	0.15	0.28
Total Stockholder Equity	0.8		0.55	0.39	0.24	0.64	0.43	0.05	-0.12	0.32	0.39	0.58	0.18	0.0	-0.13	-0.28	0.08	-0.03	0.7	-0.22	-0.2	-0.23	0.65	-0.18	-0.38	0.01	0.44
Net Debt	0.84	0.55		0.09	-0.05	0.59	0.85	0.23	0.17	0.24	0.77	0.62	-0.04	-0.2	0.28	0.19	0.11	0.1	0.02	0.24	0.01	-0.23	0.28	-0.19	0.02	-0.02	0.19
Retained Earnings	0.51	0.39	0.09		0.34	0.42	0.47	0.62	0.03	0.25	0.25	-0.14	-0.41	-0.02	0.5	0.49	-0.57	0.73	0.25	-0.63	0.71	0.54	0.1	0.6	0.15	0.55	0.19
Accounts Payable	0.16	0.24	-0.05	0.34		-0.01	0.04	0.04	-0.03	-0.53	0.11	-0.33	-0.05	-0.3	0.07	-0.02	0.43	0.13	0.17	0.06	0.07	-0.39	0.34	-0.34	-0.58	-0.38	0.47
Net Receivables	0.81	0.64	0.59	0.42	-0.01		0.73	0.51	0.14	0.2	0.78	0.57	-0.33	-0.33	0.18	0.14	-0.05	0.34	0.27	-0.24	0.14	-0.07	0.12	-0.03	-0.11	0.06	-0.05
Total Liab	0.88	0.43	0.85	0.47	0.04	0.73		0.67	0.28	0.23	0.87	0.43	-0.45	-0.27	0.54	0.52	-0.18	0.49	-0.09	-0.05	0.39	0.11	0.07	0.14	0.18	0.21	0.07
Total Current Assets	0.46	0.05	0.23	0.62	0.04	0.51	0.67		0.48	0.16	0.46	0.11	-0.85	-0.03	0.46	0.53	-0.44	0.62	-0.09	-0.38	0.58	0.49	-0.19	0.51	0.26	0.4	-0.05
Short Term Debt	0.12	-0.12	0.17	0.03	-0.03	0.14	0.28	0.48		-0.24	0.1	0.19	-0.68	0.04	0.18	0.15	0.12	0.21	-0.1	0.32	0.07	-0.04	-0.05	-0.06	0.02	-0.15	0.07
Common Stock	0.32	0.32	0.24	0.25	-0.53	0.2	0.23	0.16	-0.24		0.07	0.17	0.08	0.3	0.07	0.19	-0.75	0.15	0.39	-0.55	0.04	0.51	0.2	0.56	0.61	0.82	-0.17
Current Deferred Revenue	0.77	0.39	0.77	0.25	0.11	0.78	0.87	0.46	0.1	0.07		0.42	-0.38	-0.55	0.44	0.4	0.05	0.37	-0.07	0.02	0.22	-0.19	0.09	-0.14	0.0	0.0	-0.03
Intangible Assets	0.58	0.58	0.62	-0.14	-0.33	0.57	0.43	0.11	0.19	0.17	0.42		-0.02	0.02	-0.19	-0.39	0.22	-0.31	0.23	0.17	-0.31	-0.24	0.29	-0.25	-0.29	-0.2	0.34
Good Will	-0.2	0.18	-0.04	-0.41	-0.05	-0.33	-0.45	-0.85	-0.68	0.08	-0.38	-0.02		0.12	-0.49	-0.51	0.27	-0.59	0.12	0.18	-0.5	-0.3	0.16	-0.31	-0.2	-0.23	0.06
Short Term Investments	-0.18	0.0	-0.2	-0.02	-0.3	-0.33	-0.27	-0.03	0.04	0.3	-0.55	0.02	0.12		-0.4	-0.31	-0.27	-0.33	0.12	-0.24	-0.04	0.43	-0.11	0.34	0.16	0.23	-0.05
Long Term Debt	0.29	-0.13	0.28	0.5	0.07	0.18	0.54	0.46	0.18	0.07	0.44	-0.19	-0.49	-0.4		0.92	-0.4	0.87	-0.19	-0.06	0.71	0.27	0.04	0.32	0.43	0.44	0.05
Long Term Debt Total	0.2	-0.28	0.19	0.49	-0.02	0.14	0.52	0.53	0.15	0.19	0.4	-0.39	-0.51	-0.31	0.92		-0.56	0.89	-0.31	-0.17	0.75	0.44	-0.2	0.48	0.66	0.57	-0.28
Capital Surpluse	-0.07	0.08	0.11	-0.57	0.43	-0.05	-0.18	-0.44	0.12	-0.75	0.05	0.22	0.27	-0.27	-0.4	-0.56		-0.55	-0.06	0.69	-0.59	-0.89	0.19	-0.93	-0.79	-0.98	0.29
Property Plant Equipment	0.31	-0.03	0.1	0.73	0.13	0.34	0.49	0.62	0.21	0.15	0.37	-0.31	-0.59	-0.33	0.87	0.89	-0.55		0.01	-0.35	0.78	0.41	-0.03	0.46	0.44	0.56	-0.14
Net Tangible Assets	0.31	0.7	0.02	0.25	0.17	0.27	-0.09	-0.09	-0.1	0.39	-0.07	0.23	0.12	0.12	-0.19	-0.31	-0.06	0.01		-0.39	-0.27	-0.21	0.81	-0.15	-0.3	0.19	0.35
Deferred Long Term Liab	-0.14	-0.22	0.24	-0.63	0.06	-0.24	-0.05	-0.38	0.32	-0.55	0.02	0.17	0.18	-0.24	-0.06	-0.17	0.69	-0.35	-0.39		-0.44	-0.64	-0.02	-0.65	-0.19	-0.69	0.13
Long Term Investments	0.16	-0.2	0.01	0.71	0.07	0.14	0.39	0.58	0.07	0.04	0.22	-0.31	-0.5	-0.04	0.71	0.75	-0.59	0.78	-0.27	-0.44		0.63	-0.33	0.66	0.4	0.52	-0.11
Cash And Equivalents	-0.05	-0.23	-0.23	0.54	-0.39	-0.07	0.11	0.49	-0.04	0.51	-0.19	-0.24	-0.3	0.43	0.27	0.44	-0.89	0.41	-0.21	-0.64	0.63		-0.46	0.98	0.67	0.79	-0.25
Net Invested Capital	0.39	0.65	0.28	0.1	0.34	0.12	0.07	-0.19	-0.05	0.2	0.09	0.29	0.16	-0.11	0.04	-0.2	0.19	-0.03	0.81	-0.02	-0.33	-0.46		-0.39	-0.4	-0.01	0.67
Net Working Capital	0.0	-0.18	-0.19	0.6	-0.34	-0.03	0.14	0.51	-0.06	0.56	-0.14	-0.25	-0.31	0.34	0.32	0.48	-0.93	0.46	-0.15	-0.65	0.66	0.98	-0.39		0.69	0.85	-0.21
Short Long Term Debt	-0.08	-0.38	0.02	0.15	-0.58	-0.11	0.18	0.26	0.02	0.61	0.0	-0.29	-0.2	0.16	0.43	0.66	-0.79	0.44	-0.3	-0.19	0.4	0.67	-0.4	0.69		0.77	-0.57
Capital Stock	0.15	0.01	-0.02	0.55	-0.38	0.06	0.21	0.4	-0.15	0.82	0.0	-0.2	-0.23	0.23	0.44	0.57	-0.98	0.56	0.19	-0.69	0.52	0.79	-0.01	0.85	0.77		-0.22
Accumulated Depreciation	0.28	0.44	0.19	0.19	0.47	-0.05	0.07	-0.05	0.07	-0.17	-0.03	0.34	0.06	-0.05	0.05	-0.28	0.29	-0.14	0.35	0.13	-0.11	-0.25	0.67	-0.21	-0.57	-0.22

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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.

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Ovintiv Retained Earnings

Retained Earnings

662.15 Million

At this time, Ovintiv's Retained Earnings are fairly stable compared to the past year.

Based on the latest financial disclosure, Ovintiv has a Price To Earning of 3.93 times. This is 88.58% lower than that of the Oil, Gas & Consumable Fuels sector and 78.75% lower than that of the Energy industry. The price to earning for all United States stocks is 86.32% higher than that of the company.

Ovintiv Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ovintiv's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ovintiv could also be used in its relative valuation, which is a method of valuing Ovintiv by comparing valuation metrics of similar companies.

Ovintiv is currently under evaluation in price to earning category among its peers.

Ovintiv ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Ovintiv's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Ovintiv's managers, analysts, and investors.

Environmental

Governance

Social

Ovintiv Fundamentals

	Return On Equity	0.2
	Return On Asset	0.0868
	Profit Margin	0.21 %
	Operating Margin	0.24 %
	Current Valuation	18.93 B
	Shares Outstanding	260.32 M
	Shares Owned By Insiders	0.49 %
	Shares Owned By Institutions	83.72 %
	Number Of Shares Shorted	4.36 M
	Price To Earning	3.93 X
	Price To Book	1.14 X
	Price To Sales	1.27 X
	Revenue	10.66 B
	Gross Profit	7.28 B
	EBITDA	4.71 B
	Net Income	2.08 B
	Cash And Equivalents	5 M
	Cash Per Share	0.07 X
	Total Debt	6.68 B
	Debt To Equity	0.69 %
	Current Ratio	0.51 X
	Book Value Per Share	40.92 X
	Cash Flow From Operations	4.17 B
	Short Ratio	1.51 X
	Earnings Per Share	7.58 X
	Price To Earnings To Growth	0.11 X
	Target Price	58.77
	Number Of Employees	1.74 K
	Beta	2.64
	Market Capitalization	12.16 B
	Total Asset	19.99 B
	Retained Earnings	697 M
	Working Capital	(1.14 B)
	Current Asset	2.7 B
	Current Liabilities	2.01 B
	Annual Yield	0.03 %
	Five Year Return	1.84 %
	Net Asset	19.99 B
	Last Dividend Paid	1.2

About Ovintiv Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ovintiv's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ovintiv using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ovintiv based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for Ovintiv Stock Analysis

When running Ovintiv's price analysis, check to measure Ovintiv's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ovintiv is operating at the current time. Most of Ovintiv's value examination focuses on studying past and present price action to predict the probability of Ovintiv's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ovintiv's price. Additionally, you may evaluate how the addition of Ovintiv to your portfolios can decrease your overall portfolio volatility.

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