PE Ratio: 11.76
Is the P/E ratio high or low?
The P/E ratio of 11.76 is 35% below its 5-year average of 18.07, near the low end of its 5-year range (4.94–221.00).
As of Monday, June 29, 2026. 24.47% above its 12-month average of 9.45.
PE Ratio (11.76) = Close Price ($42.21) / Diluted TTM EPS ($3.59)
DVN PE Ratio Chart
DVN Average PE Ratio Chart
DVN Current vs Average PE Ratio Chart
DVN PE Ratio Metrics
PE RATIO
11.76
PE RATIO AVG TTM
9.45
PE RATIO AVG 3Y
7.71
PE RATIO AVG 5Y
8.33
PE RATIO AVG 10Y
8.05
PE RATIO AVG 15Y
8.70
PE RATIO AVG 20Y
9.17
CURRENT VS TTM AVG
+24.47%
CURRENT VS 3Y AVG
+52.51%
CURRENT VS 5Y AVG
+41.25%
CURRENT VS 10Y AVG
+46.11%
CURRENT VS 15Y AVG
+35.23%
CURRENT VS 20Y AVG
+28.28%
DVN Competitors' PE Ratio
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Devon Energy Corporation (DVN) | $26.23B | 11.76 | 9.45 | 7.71 | 8.33 |
| First Solar, Inc. (FSLR)vs › | $25.69B | 15.44 | 17.09 | 42.31 | 64.09 |
| Texas Pacific Land Corporation (TPL)vs › | $27.30B | 54.27 | 52.45 | 47.58 | 44.68 |
| Coterra Energy Inc. (CTRA)vs › | $24.72B | 14.94 | 13.18 | 12.38 | 13.75 |
| Halliburton Company (HAL)vs › | $28.58B | 18.78 | 17.73 | 13.62 | 23.84 |
| Tenaris S.A. (TS)vs › | $30.06B | 15.06 | 12.48 | 8.66 | 10.14 |
| Expand Energy Corporation (EXE)vs › | $21.16B | 6.60 | 86.12 | 42.69 | 32.18 |
| EQT Corporation (EQT)vs › | $32.96B | 9.76 | 25.47 | 32.80 | 28.16 |
| APA Corporation (APA)vs › | $11.67B | 7.69 | 7.60 | 6.09 | 7.25 |
| Antero Midstream Corporation (AM)vs › | $11.01B | 26.97 | 21.48 | 19.44 | 17.63 |
P/E vs. its own history
At 11.8, P/E is richer than usual, sitting higher than 69% of its 20-year history.
20-year low
2.5
median
9.0
20-year high
221.0
P/E Comparison
Trailing P/E
11.8
Forward P/E
7.7
Forward P/E Calculation
View All Analyst EstimatesForward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$42.21
Forward EPS (Est.)
$5.50
Forward P/E
7.68
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
PE Ratio Formula & Definition
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
PE Ratio FAQ
- What is the P/E ratio for Devon Energy Corporation (DVN)?
- The P/E ratio for DVN stock is 11.76.
- Is Devon Energy Corporation's P/E ratio high or low?
- The P/E ratio of 11.76 is 35% below its 5-year average of 18.07, near the low end of its 5-year range (4.94–221.00).
- What is the TTM average P/E ratio for Devon Energy Corporation (DVN)?
- The TTM average P/E ratio for DVN stock is 9.45.
- What is the 3Y average P/E ratio for Devon Energy Corporation (DVN)?
- The 3Y average P/E ratio for DVN stock is 7.71.
- What is the 5Y average P/E ratio for Devon Energy Corporation (DVN)?
- The 5Y average P/E ratio for DVN stock is 8.33.
- What is the 10Y average P/E ratio for Devon Energy Corporation (DVN)?
- The 10Y average P/E ratio for DVN stock is 8.05.
- What is the 15Y average P/E ratio for Devon Energy Corporation (DVN)?
- The 15Y average P/E ratio for DVN stock is 8.70.
- What is the 20Y average P/E ratio for Devon Energy Corporation (DVN)?
- The 20Y average P/E ratio for DVN stock is 9.17.
DVN PE Ratio History
| DATE | PE RATIO |
|---|---|
| 2026-06-26 | 11.76 |
| 2026-06-25 | 11.87 |
| 2026-06-24 | 11.91 |
| 2026-06-23 | 12.09 |
| 2026-06-22 | 11.99 |
| 2026-06-18 | 11.73 |
| 2026-06-17 | 11.86 |
| 2026-06-16 | 11.95 |
| 2026-06-15 | 12.13 |
| 2026-06-12 | 12.62 |
| 2026-06-11 | 12.43 |
| 2026-06-10 | 12.98 |
| 2026-06-09 | 12.28 |
| 2026-06-08 | 12.56 |
| 2026-06-05 | 12.33 |
| 2026-06-04 | 12.81 |
| 2026-06-03 | 12.86 |
| 2026-06-02 | 12.87 |
| 2026-06-01 | 12.90 |
| 2026-05-29 | 12.39 |
| 2026-05-28 | 12.29 |
| 2026-05-27 | 12.33 |
| 2026-05-26 | 12.57 |
| 2026-05-22 | 13.15 |
| 2026-05-21 | 13.12 |
| 2026-05-20 | 13.50 |
| 2026-05-19 | 13.84 |
| 2026-05-18 | 13.84 |
| 2026-05-15 | 13.79 |
| 2026-05-14 | 13.16 |
| 2026-05-13 | 13.06 |
| 2026-05-12 | 13.03 |
| 2026-05-11 | 13.02 |
| 2026-05-08 | 12.70 |
| 2026-05-07 | 12.62 |
| 2026-05-06 | 12.98 |
| 2026-05-05 | 12.23 |
| 2026-05-04 | 12.29 |
| 2026-05-01 | 12.12 |
| 2026-04-30 | 12.32 |
| 2026-04-29 | 12.25 |
| 2026-04-28 | 11.87 |
| 2026-04-27 | 11.56 |
| 2026-04-24 | 11.50 |
| 2026-04-23 | 11.55 |
| 2026-04-22 | 11.30 |
| 2026-04-21 | 10.94 |
| 2026-04-20 | 10.78 |
| 2026-04-17 | 10.61 |
| 2026-04-16 | 10.98 |
| 2026-04-15 | 10.85 |
| 2026-04-14 | 10.85 |
| 2026-04-13 | 11.34 |
| 2026-04-10 | 11.46 |
| 2026-04-09 | 11.48 |
| 2026-04-08 | 11.49 |
| 2026-04-07 | 11.98 |
| 2026-04-06 | 11.91 |
| 2026-04-02 | 11.87 |
| 2026-04-01 | 11.65 |
| 2026-03-31 | 12.07 |
| 2026-03-30 | 12.35 |
| 2026-03-27 | 12.49 |
| 2026-03-26 | 12.31 |
| 2026-03-25 | 12.09 |
| 2026-03-24 | 12.06 |
| 2026-03-23 | 11.63 |
| 2026-03-20 | 11.67 |
| 2026-03-19 | 11.70 |
| 2026-03-18 | 11.55 |
| 2026-03-17 | 11.37 |
| 2026-03-16 | 11.19 |
| 2026-03-13 | 11.09 |
| 2026-03-12 | 11.08 |
| 2026-03-11 | 10.88 |
| 2026-03-10 | 10.48 |
| 2026-03-09 | 10.75 |
| 2026-03-06 | 10.67 |
| 2026-03-05 | 10.68 |
| 2026-03-04 | 10.43 |
| 2026-03-03 | 10.55 |
| 2026-03-02 | 10.78 |
| 2026-02-27 | 10.44 |
| 2026-02-26 | 10.23 |
| 2026-02-25 | 10.22 |
| 2026-02-24 | 10.38 |
| 2026-02-23 | 10.47 |
| 2026-02-20 | 10.65 |
| 2026-02-19 | 10.71 |
| 2026-02-18 | 10.66 |
| 2026-02-17 | 10.34 |
| 2026-02-13 | 10.48 |
| 2026-02-12 | 10.32 |
| 2026-02-11 | 10.55 |
| 2026-02-10 | 10.21 |
| 2026-02-09 | 10.21 |
| 2026-02-06 | 10.28 |
| 2026-02-05 | 10.13 |
| 2026-02-04 | 10.19 |
| 2026-02-03 | 9.65 |
| 2026-02-02 | 9.42 |
| 2026-01-30 | 9.44 |
| 2026-01-29 | 9.38 |
| 2026-01-28 | 9.35 |
| 2026-01-27 | 9.26 |
| 2026-01-26 | 9.07 |
| 2026-01-23 | 9.07 |
| 2026-01-22 | 8.92 |
| 2026-01-21 | 8.86 |
| 2026-01-20 | 8.52 |
| 2026-01-16 | 8.50 |
| 2026-01-15 | 8.53 |
| 2026-01-14 | 8.90 |
| 2026-01-13 | 8.65 |
| 2026-01-12 | 8.38 |
| 2026-01-09 | 8.39 |
| 2026-01-08 | 8.47 |
| 2026-01-07 | 8.09 |
| 2026-01-06 | 8.42 |
| 2026-01-05 | 8.58 |
| 2026-01-02 | 8.89 |
| 2025-12-31 | 8.60 |
| 2025-12-30 | 8.64 |
| 2025-12-29 | 8.49 |
| 2025-12-26 | 8.37 |
| 2025-12-24 | 8.50 |
| 2025-12-23 | 8.53 |
| 2025-12-22 | 8.55 |
| 2025-12-19 | 8.41 |
| 2025-12-18 | 8.38 |
| 2025-12-17 | 8.67 |
| 2025-12-16 | 8.24 |
| 2025-12-15 | 8.49 |
| 2025-12-12 | 8.81 |
| 2025-12-11 | 8.81 |
| 2025-12-10 | 9.02 |
| 2025-12-09 | 8.78 |
| 2025-12-08 | 8.82 |
| 2025-12-05 | 8.80 |
| 2025-12-04 | 8.85 |
| 2025-12-03 | 8.85 |
| 2025-12-02 | 8.75 |
| 2025-12-01 | 8.89 |
| 2025-11-28 | 8.70 |
| 2025-11-26 | 8.54 |
| 2025-11-25 | 8.41 |
| 2025-11-24 | 8.43 |
| 2025-11-21 | 8.37 |
| 2025-11-20 | 8.25 |
| 2025-11-19 | 8.28 |
| 2025-11-18 | 8.42 |
| 2025-11-17 | 8.23 |
| 2025-11-14 | 8.41 |
| 2025-11-13 | 8.23 |
| 2025-11-12 | 8.27 |
| 2025-11-11 | 8.25 |
| 2025-11-10 | 7.96 |
| 2025-11-07 | 7.91 |
| 2025-11-06 | 7.61 |
| 2025-11-05 | 7.23 |
| 2025-11-04 | 7.28 |
| 2025-11-03 | 7.34 |
| 2025-10-31 | 7.27 |
| 2025-10-30 | 7.16 |
| 2025-10-29 | 7.17 |
| 2025-10-28 | 7.16 |
| 2025-10-27 | 7.37 |
| 2025-10-24 | 7.38 |
| 2025-10-23 | 7.48 |
| 2025-10-22 | 7.25 |
| 2025-10-21 | 7.17 |
| 2025-10-20 | 7.14 |
| 2025-10-17 | 7.10 |
| 2025-10-16 | 7.17 |
| 2025-10-15 | 7.30 |
| 2025-10-14 | 7.32 |
| 2025-10-13 | 7.43 |
| 2025-10-10 | 7.27 |
| 2025-10-09 | 7.68 |
| 2025-10-08 | 7.82 |
| 2025-10-07 | 7.83 |
| 2025-10-06 | 7.81 |
| 2025-10-03 | 7.73 |
| 2025-10-02 | 7.68 |
| 2025-10-01 | 7.90 |
| 2025-09-30 | 7.84 |
| 2025-09-29 | 7.95 |
| 2025-09-26 | 8.28 |
| 2025-09-25 | 8.00 |
| 2025-09-24 | 7.88 |
| 2025-09-23 | 7.71 |
| 2025-09-22 | 7.54 |
| 2025-09-19 | 7.60 |
| 2025-09-18 | 7.83 |
| 2025-09-17 | 7.92 |
| 2025-09-16 | 7.82 |
| 2025-09-15 | 7.55 |
| 2025-09-12 | 7.78 |
| 2025-09-11 | 7.89 |
| 2025-09-10 | 7.95 |
| 2025-09-09 | 7.68 |
| 2025-09-08 | 7.72 |
| 2025-09-05 | 7.78 |
| 2025-09-04 | 7.96 |
| 2025-09-03 | 7.85 |
| 2025-09-02 | 8.15 |
| 2025-08-29 | 8.08 |
| 2025-08-28 | 8.03 |
| 2025-08-27 | 7.96 |
| 2025-08-26 | 7.88 |
| 2025-08-25 | 8.00 |
| 2025-08-22 | 7.87 |
| 2025-08-21 | 7.58 |
| 2025-08-20 | 7.56 |
| 2025-08-19 | 7.51 |
| 2025-08-18 | 7.51 |
| 2025-08-15 | 7.54 |
| 2025-08-14 | 7.57 |
| 2025-08-13 | 7.52 |
| 2025-08-12 | 7.45 |
| 2025-08-11 | 7.35 |
| 2025-08-08 | 7.45 |
| 2025-08-07 | 7.25 |
| 2025-08-06 | 7.26 |
| 2025-08-05 | 7.34 |
| 2025-08-04 | 7.26 |
| 2025-08-01 | 7.30 |
| 2025-07-31 | 7.55 |
| 2025-07-30 | 7.67 |
| 2025-07-29 | 7.78 |
| 2025-07-28 | 7.75 |
| 2025-07-25 | 7.49 |
| 2025-07-24 | 7.57 |
| 2025-07-23 | 7.55 |
| 2025-07-22 | 7.46 |
| 2025-07-21 | 7.35 |
| 2025-07-18 | 7.47 |
| 2025-07-17 | 7.45 |
| 2025-07-16 | 7.22 |
| 2025-07-15 | 7.31 |
| 2025-07-14 | 7.55 |
| 2025-07-11 | 7.72 |
| 2025-07-10 | 7.72 |
| 2025-07-09 | 7.86 |
| 2025-07-08 | 7.94 |
| 2025-07-07 | 7.43 |
| 2025-07-03 | 7.55 |
| 2025-07-02 | 7.59 |
| 2025-07-01 | 7.42 |
| 2025-06-30 | 7.23 |
| 2025-06-27 | 7.33 |
| 2025-06-26 | 7.38 |
| 2025-06-25 | 7.30 |
| 2025-06-24 | 7.35 |
| 2025-06-23 | 7.46 |
| 2025-06-20 | 7.79 |
| 2025-06-18 | 7.74 |
| 2025-06-17 | 7.89 |
| 2025-06-16 | 7.87 |
| 2025-06-13 | 7.98 |
Showing the most recent 260 of 3,488 data points. The chart above shows the full history.
About Devon Energy Corporation
As an independent energy producer, Devon Energy Corporation primarily focuses on the exploration, development, and extraction of oil, natural gas, and natural gas liquids within the United States. The company manages roughly 5,134 gross wells. Established in 1971, its corporate headquarters are located in Oklahoma City, Oklahoma.
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- CEO
- Clay Gaspar