PB Ratio: 1.70
Is the P/B ratio high or low?
The P/B ratio of 1.70 is 36% below its 5-year average of 2.65, near the low end of its 5-year range (1.15–5.58).
4.51% above its 12-month average of 1.63.
DVN PB Ratio Chart
DVN Average PB Ratio Chart
DVN Current vs Average PB Ratio Chart
DVN PB Ratio Metrics
PB RATIO
1.70
PB RATIO AVG TTM
1.63
PB RATIO AVG 3Y
2.00
PB RATIO AVG 5Y
2.64
PB RATIO AVG 10Y
2.46
PB RATIO AVG 15Y
2.04
PB RATIO AVG 20Y
1.87
CURRENT VS TTM AVG
+4.51%
CURRENT VS 3Y AVG
-15.17%
CURRENT VS 5Y AVG
-35.64%
CURRENT VS 10Y AVG
-30.77%
CURRENT VS 15Y AVG
-16.80%
CURRENT VS 20Y AVG
-9.03%
DVN Competitors' PB Ratio
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Devon Energy Corporation (DVN) | $26.23B | 1.70 | 1.63 | 2.00 | 2.64 |
| First Solar, Inc. (FSLR)vs › | $25.69B | 2.60 | 2.66 | 2.76 | 2.55 |
| Texas Pacific Land Corporation (TPL)vs › | $27.30B | 17.55 | 18.11 | 18.32 | 18.43 |
| Coterra Energy Inc. (CTRA)vs › | $24.72B | 1.64 | 1.41 | 1.49 | 1.87 |
| Halliburton Company (HAL)vs › | $28.58B | 2.65 | 2.45 | 2.85 | 3.32 |
| Tenaris S.A. (TS)vs › | $30.06B | 1.70 | 1.44 | 1.26 | 1.26 |
| Expand Energy Corporation (EXE)vs › | $21.16B | 1.09 | 1.36 | 1.25 | 1.50 |
| EQT Corporation (EQT)vs › | $32.96B | 1.31 | 1.51 | 1.32 | 1.31 |
| APA Corporation (APA)vs › | $11.67B | 1.81 | 1.67 | 5.00 | 9.48 |
| Antero Midstream Corporation (AM)vs › | $11.01B | 5.72 | 4.65 | 3.73 | 3.11 |
P/B vs. its own history
At 1.70, P/B is in its normal range, sitting higher than 46% of its 20-year history.
20-year low
0.36
median
1.78
20-year high
5.58
Book Value Analysis
P/B Ratio
1.70
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 1.70.
- Is Devon Energy Corporation's P/B ratio high or low?
- The P/B ratio of 1.70 is 36% below its 5-year average of 2.65, near the low end of its 5-year range (1.15–5.58).
- What is the TTM average P/B ratio for Devon Energy Corporation (DVN)?
- The TTM average P/B ratio for DVN stock is 1.63.
- What is the 3Y average P/B ratio for Devon Energy Corporation (DVN)?
- The 3Y average P/B ratio for DVN stock is 2.00.
- What is the 5Y average P/B ratio for Devon Energy Corporation (DVN)?
- The 5Y average P/B ratio for DVN stock is 2.64.
- What is the 10Y average P/B ratio for Devon Energy Corporation (DVN)?
- The 10Y average P/B ratio for DVN stock is 2.46.
- What is the 15Y average P/B ratio for Devon Energy Corporation (DVN)?
- The 15Y average P/B ratio for DVN stock is 2.04.
- What is the 20Y average P/B ratio for Devon Energy Corporation (DVN)?
- The 20Y average P/B ratio for DVN stock is 1.87.
DVN PB Ratio History
| DATE | PB RATIO |
|---|---|
| 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 | 1.88 |
| 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 | 1.78 |
| 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 | 1.34 |
| 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 |
| 2025-08-28 | 1.52 |
| 2025-08-27 | 1.50 |
| 2025-08-26 | 1.49 |
| 2025-08-25 | 1.51 |
| 2025-08-22 | 1.48 |
| 2025-08-21 | 1.43 |
| 2025-08-20 | 1.43 |
| 2025-08-19 | 1.42 |
| 2025-08-18 | 1.42 |
| 2025-08-15 | 1.42 |
| 2025-08-14 | 1.43 |
| 2025-08-13 | 1.42 |
| 2025-08-12 | 1.41 |
| 2025-08-11 | 1.39 |
| 2025-08-08 | 1.41 |
| 2025-08-07 | 1.37 |
| 2025-08-06 | 1.37 |
| 2025-08-05 | 1.43 |
| 2025-08-04 | 1.42 |
| 2025-08-01 | 1.43 |
| 2025-07-31 | 1.47 |
| 2025-07-30 | 1.50 |
| 2025-07-29 | 1.52 |
| 2025-07-28 | 1.51 |
| 2025-07-25 | 1.46 |
| 2025-07-24 | 1.48 |
| 2025-07-23 | 1.47 |
| 2025-07-22 | 1.45 |
| 2025-07-21 | 1.43 |
| 2025-07-18 | 1.46 |
| 2025-07-17 | 1.45 |
| 2025-07-16 | 1.41 |
| 2025-07-15 | 1.43 |
| 2025-07-14 | 1.47 |
| 2025-07-11 | 1.51 |
| 2025-07-10 | 1.51 |
| 2025-07-09 | 1.53 |
| 2025-07-08 | 1.55 |
| 2025-07-07 | 1.45 |
| 2025-07-03 | 1.47 |
| 2025-07-02 | 1.48 |
| 2025-07-01 | 1.45 |
| 2025-06-30 | 1.41 |
| 2025-06-27 | 1.43 |
| 2025-06-26 | 1.44 |
| 2025-06-25 | 1.42 |
| 2025-06-24 | 1.43 |
| 2025-06-23 | 1.46 |
| 2025-06-20 | 1.52 |
| 2025-06-18 | 1.51 |
| 2025-06-17 | 1.54 |
| 2025-06-16 | 1.54 |
| 2025-06-13 | 1.56 |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
Related Metrics
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