What is the P/B ratio for Devon Energy Corporation (DVN)?

The P/B ratio for DVN stock is 1.24.

What is the estimated TTM average P/B ratio for Devon Energy Corporation (DVN)?

The estimated TTM average P/B ratio for DVN stock is 1.62.

What is the estimated 3Y average P/B ratio for Devon Energy Corporation (DVN)?

The estimated 3Y average P/B ratio for DVN stock is 1.89.

What is the estimated 5Y average P/B ratio for Devon Energy Corporation (DVN)?

The estimated 5Y average P/B ratio for DVN stock is 2.62.

What is the estimated 10Y average P/B ratio for Devon Energy Corporation (DVN)?

The estimated 10Y average P/B ratio for DVN stock is 2.40.

What is the estimated 15Y average P/B ratio for Devon Energy Corporation (DVN)?

The estimated 15Y average P/B ratio for DVN stock is 2.04.

What is the estimated 20Y average P/B ratio for Devon Energy Corporation (DVN)?

The estimated 20Y average P/B ratio for DVN stock is 1.86.

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Devon Energy Corporation(DVN)

Oil & Gas Exploration & Production · Houston, TX

$47.05-1.85 (-3.78%)

Delayed quote: Sep 25, 2026, 4:00 PM EDT

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Devon Energy (DVN) Price/Book Ratio: History & Chart | TGMCharts

PB Ratio: 1.24

Name: Devon Energy Corporation (DVN) PB Ratio — historical time series
Creator: TGMCharts

Basis: FMP quote market capitalization / matching reported stockholders equity. Source: stored company filings and market data; unavailable inputs remain N/A.

Is the P/B ratio high or low?

The P/B ratio of 1.24 is 53% below its estimated 5-year average of 2.62, near the low end of its estimated 5-year range (0.97–5.58).

As of 2026-09-28T08:10:49.742Z. 23.29% below its estimated 12-month average of 1.62.

Stored calculation inputs

Calculation as of: 2026-09-28T08:10:49.742Z.

Quote observation: 2026-09-25T20:00:03.000Z. Amounts in USD. The price header may show a later quote.

Quote market capitalization: 51,755,000,000
Stockholders equity · period ending 2026-06-30: 41,747,000,000

FMP input reference: 7515487c4adb556aa6407af159b122910d3b05d990cabcf24f9210f61b8cb851

P/E Ratio|ROE|Debt to Equity|All Metrics

PB Ratio

DVN PB Ratio Chart

1.24

Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation. Historical series through 2026-09-11.

DVN PB Ratio

DVN Average PB Ratio Chart

DVN PB Ratio

DVN Current vs Average PB Ratio Chart

DVN PB Ratio Metrics

PB RATIO

1.24

PB RATIO AVG TTM

1.62

PB RATIO AVG 3Y

1.89

PB RATIO AVG 5Y

2.62

PB RATIO AVG 10Y

2.40

PB RATIO AVG 15Y

2.04

PB RATIO AVG 20Y

1.86

CURRENT VS TTM AVG

-23.29%

CURRENT VS 3Y AVG

-34.26%

CURRENT VS 5Y AVG

-52.65%

CURRENT VS 10Y AVG

-48.43%

CURRENT VS 15Y AVG

-39.24%

CURRENT VS 20Y AVG

-33.44%

SECTOR MEDIAN · ENERGY

2.43

median of 49 covered companies

CURRENT VS SECTOR MEDIAN

-48.97%

vs the sector median at left

DVN Competitors' PB Ratio

DVN

Devon Energy Corporation

Current

Market Cap

$51.76B

PB Ratio

1.24

TTM Avg

1.62

3Y Avg

1.89

5Y Avg

2.62

FANG

Diamondback Energy, Inc.

vs DVN

Market Cap

$52.51B

PB Ratio

1.39

TTM Avg

1.32

3Y Avg

1.47

5Y Avg

1.59

OKE

ONEOK, Inc.

vs DVN

Market Cap

$55.85B

PB Ratio

2.43

TTM Avg

2.33

3Y Avg

2.70

5Y Avg

3.42

OXY

Occidental Petroleum Corporation

vs DVN

Market Cap

$56.55B

PB Ratio

1.35

TTM Avg

1.37

3Y Avg

1.55

5Y Avg

1.80

BKR

Baker Hughes Company

vs DVN

Market Cap

$57.41B

PB Ratio

2.88

TTM Avg

2.98

3Y Avg

2.54

5Y Avg

2.29

MPLX

MPLX Lp

vs DVN

Market Cap

$57.64B

PB Ratio

4.11

TTM Avg

3.98

3Y Avg

3.54

5Y Avg

3.13

TRGP

Targa Resources Corp.

vs DVN

Market Cap

$59.64B

PB Ratio

16.31

TTM Avg

16.16

3Y Avg

13.52

5Y Avg

11.09

TRP

TC Energy Corporation

vs DVN

Market Cap

$61.19B

PB Ratio

3.13

TTM Avg

3.18

3Y Avg

2.39

5Y Avg

2.09

CCJ

Cameco Corporation

vs DVN

Market Cap

$38.36B

PB Ratio

7.63

TTM Avg

9.73

3Y Avg

6.46

5Y Avg

5.00

KMI

Kinder Morgan, Inc.

vs DVN

Market Cap

$68.47B

PB Ratio

2.16

TTM Avg

2.17

3Y Avg

1.82

5Y Avg

1.61

NAME	MARKET CAP	PB RATIO	TTM	3Y	5Y
Devon Energy Corporation (DVN)	$51.76B	1.24	1.62	1.89	2.62
Diamondback Energy, Inc. (FANG)vs ›	$52.51B	1.39	1.32	1.47	1.59
ONEOK, Inc. (OKE)vs ›	$55.85B	2.43	2.33	2.70	3.42
Occidental Petroleum Corporation (OXY)vs ›	$56.55B	1.35	1.37	1.55	1.80
Baker Hughes Company (BKR)vs ›	$57.41B	2.88	2.98	2.54	2.29
MPLX Lp (MPLX)vs ›	$57.64B	4.11	3.98	3.54	3.13
Targa Resources Corp. (TRGP)vs ›	$59.64B	16.31	16.16	13.52	11.09
TC Energy Corporation (TRP)vs ›	$61.19B	3.13	3.18	2.39	2.09
Cameco Corporation (CCJ)vs ›	$38.36B	7.63	9.73	6.46	5.00
Kinder Morgan, Inc. (KMI)vs ›	$68.47B	2.16	2.17	1.82	1.61

P/B vs. estimated history

At 1.24, P/B is below its estimated 20-year median — higher than 21% of readings in its estimated 20-year history.

estimated 20-year low

0.36

median

1.77

estimated 20-year high

5.58

estimated 20-year lowestimated 20-year high

Book Value Analysis

P/B Ratio

1.24

Market Price / Book Value per Share

PB Ratio Formula & Definition

PB Ratio = Market Cap / Total Shareholders' Equity

The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PB Ratio FAQ

What is the P/B ratio for Devon Energy Corporation (DVN)?: The P/B ratio for DVN stock is 1.24.
Is Devon Energy Corporation's P/B ratio high or low?: The P/B ratio of 1.24 is 53% below its estimated 5-year average of 2.62, near the low end of its estimated 5-year range (0.97–5.58).
What is the estimated TTM average P/B ratio for Devon Energy Corporation (DVN)?: The estimated TTM average P/B ratio for DVN stock is 1.62.
What is the estimated 3Y average P/B ratio for Devon Energy Corporation (DVN)?: The estimated 3Y average P/B ratio for DVN stock is 1.89.
What is the estimated 5Y average P/B ratio for Devon Energy Corporation (DVN)?: The estimated 5Y average P/B ratio for DVN stock is 2.62.
What is the estimated 10Y average P/B ratio for Devon Energy Corporation (DVN)?: The estimated 10Y average P/B ratio for DVN stock is 2.40.
What is the estimated 15Y average P/B ratio for Devon Energy Corporation (DVN)?: The estimated 15Y average P/B ratio for DVN stock is 2.04.
What is the estimated 20Y average P/B ratio for Devon Energy Corporation (DVN)?: The estimated 20Y average P/B ratio for DVN stock is 1.86.

DVN PB Ratio History

DATE	PB RATIO
2026-09-11	1.13
2026-09-10	1.13
2026-09-09	1.10
2026-09-08	1.09
2026-09-04	1.08
2026-09-03	1.10
2026-09-02	1.10
2026-09-01	1.10
2026-08-31	1.09
2026-08-28	1.07
2026-08-27	1.06
2026-08-26	1.05
2026-08-25	1.06
2026-08-24	1.09
2026-08-21	1.11
2026-08-20	1.11
2026-08-19	1.09
2026-08-18	1.08
2026-08-17	1.07
2026-08-14	1.03
2026-08-13	1.00
2026-08-12	1.01
2026-08-11	1.02
2026-08-10	1.02
2026-08-07	0.97
2026-08-06	0.97
2026-08-05	1.70
2026-08-04	1.78
2026-08-03	1.80
2026-07-31	1.82
2026-07-30	1.78
2026-07-29	1.79
2026-07-28	1.72
2026-07-27	1.74
2026-07-24	1.82
2026-07-23	1.83
2026-07-22	1.81
2026-07-21	1.78
2026-07-20	1.77
2026-07-17	1.77
2026-07-16	1.73
2026-07-15	1.73
2026-07-14	1.75
2026-07-13	1.76
2026-07-10	1.70
2026-07-09	1.69
2026-07-08	1.75
2026-07-07	1.71
2026-07-06	1.63
2026-07-02	1.63
2026-07-01	1.62
2026-06-30	1.67
2026-06-29	1.69
2026-06-26	1.70
2026-06-25	1.72
2026-06-24	1.72
2026-06-23	1.75
2026-06-22	1.74
2026-06-18	1.70
2026-06-17	1.72
2026-06-16	1.73
2026-06-15	1.75
2026-06-12	1.83
2026-06-11	1.80
2026-06-10	1.88
2026-06-09	1.78
2026-06-08	1.82
2026-06-05	1.79
2026-06-04	1.85
2026-06-03	1.86
2026-06-02	1.86
2026-06-01	1.87
2026-05-29	1.79
2026-05-28	1.78
2026-05-27	1.78
2026-05-26	1.82
2026-05-22	1.90
2026-05-21	1.90
2026-05-20	1.95
2026-05-19	2.00
2026-05-18	2.00
2026-05-15	2.00
2026-05-14	1.90
2026-05-13	1.89
2026-05-12	1.89
2026-05-11	1.88
2026-05-08	1.84
2026-05-07	1.83
2026-05-06	1.87
2026-05-05	2.04
2026-05-04	2.05
2026-05-01	2.03
2026-04-30	2.06
2026-04-29	2.05
2026-04-28	1.98
2026-04-27	1.93
2026-04-24	1.92
2026-04-23	1.93
2026-04-22	1.89
2026-04-21	1.83
2026-04-20	1.80
2026-04-17	1.77
2026-04-16	1.83
2026-04-15	1.81
2026-04-14	1.81
2026-04-13	1.89
2026-04-10	1.91
2026-04-09	1.92
2026-04-08	1.92
2026-04-07	2.00
2026-04-06	1.99
2026-04-02	1.98
2026-04-01	1.95
2026-03-31	2.02
2026-03-30	2.06
2026-03-27	2.09
2026-03-26	2.06
2026-03-25	2.02
2026-03-24	2.01
2026-03-23	1.94
2026-03-20	1.95
2026-03-19	1.95
2026-03-18	1.93
2026-03-17	1.90
2026-03-16	1.87
2026-03-13	1.85
2026-03-12	1.85
2026-03-11	1.82
2026-03-10	1.75
2026-03-09	1.80
2026-03-06	1.78
2026-03-05	1.78
2026-03-04	1.74
2026-03-03	1.76
2026-03-02	1.80
2026-02-27	1.74
2026-02-26	1.71
2026-02-25	1.71
2026-02-24	1.73
2026-02-23	1.75
2026-02-20	1.78
2026-02-19	1.79
2026-02-18	1.84
2026-02-17	1.82
2026-02-13	1.85
2026-02-12	1.82
2026-02-11	1.86
2026-02-10	1.80
2026-02-09	1.80
2026-02-06	1.82
2026-02-05	1.79
2026-02-04	1.80
2026-02-03	1.70
2026-02-02	1.66
2026-01-30	1.67
2026-01-29	1.65
2026-01-28	1.65
2026-01-27	1.63
2026-01-26	1.60
2026-01-23	1.60
2026-01-22	1.57
2026-01-21	1.56
2026-01-20	1.50
2026-01-16	1.50
2026-01-15	1.50
2026-01-14	1.57
2026-01-13	1.53
2026-01-12	1.48
2026-01-09	1.48
2026-01-08	1.50
2026-01-07	1.43
2026-01-06	1.49
2026-01-05	1.51
2026-01-02	1.57
2025-12-31	1.52
2025-12-30	1.53
2025-12-29	1.50
2025-12-26	1.48
2025-12-24	1.50
2025-12-23	1.51
2025-12-22	1.51
2025-12-19	1.48
2025-12-18	1.48
2025-12-17	1.53
2025-12-16	1.45
2025-12-15	1.50
2025-12-12	1.55
2025-12-11	1.56
2025-12-10	1.59
2025-12-09	1.55
2025-12-08	1.56
2025-12-05	1.55
2025-12-04	1.56
2025-12-03	1.56
2025-12-02	1.54
2025-12-01	1.57
2025-11-28	1.54
2025-11-26	1.51
2025-11-25	1.48
2025-11-24	1.49
2025-11-21	1.48
2025-11-20	1.46
2025-11-19	1.46
2025-11-18	1.49
2025-11-17	1.45
2025-11-14	1.48
2025-11-13	1.45
2025-11-12	1.46
2025-11-11	1.46
2025-11-10	1.41
2025-11-07	1.40
2025-11-06	1.37
2025-11-05	1.37
2025-11-04	1.37
2025-11-03	1.39
2025-10-31	1.37
2025-10-30	1.35
2025-10-29	1.35
2025-10-28	1.35
2025-10-27	1.39
2025-10-24	1.39
2025-10-23	1.41
2025-10-22	1.37
2025-10-21	1.35
2025-10-20	1.35
2025-10-17	1.34
2025-10-16	1.35
2025-10-15	1.38
2025-10-14	1.38
2025-10-13	1.40
2025-10-10	1.37
2025-10-09	1.45
2025-10-08	1.48
2025-10-07	1.48
2025-10-06	1.47
2025-10-03	1.46
2025-10-02	1.45
2025-10-01	1.49
2025-09-30	1.48
2025-09-29	1.50
2025-09-26	1.56
2025-09-25	1.51
2025-09-24	1.49
2025-09-23	1.46
2025-09-22	1.42
2025-09-19	1.43
2025-09-18	1.48
2025-09-17	1.50
2025-09-16	1.48
2025-09-15	1.43
2025-09-12	1.47
2025-09-11	1.49
2025-09-10	1.50
2025-09-09	1.45
2025-09-08	1.46
2025-09-05	1.47
2025-09-04	1.50
2025-09-03	1.48
2025-09-02	1.54
2025-08-29	1.52

Showing the most recent 260 of 5,019 data points. The chart above shows the full history.

PB Ratio: 1.24

DVN PB Ratio Chart

DVN Average PB Ratio Chart

DVN Current vs Average PB Ratio Chart

DVN PB Ratio Metrics

DVN Competitors' PB Ratio

P/B vs. estimated history

Book Value Analysis

PB Ratio Formula & Definition

PB Ratio FAQ

DVN PB Ratio History

Related Metrics