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Ovintiv OVV Price / book

Other financials

Income statement

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Revenue$2.5B+6.5%
Operating income-$754.0M-747%
Net income-$630.0M-296%
EPS (diluted)-$2.35-285%

Balance sheet

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Cash & equivalents$26.0M+225%
Total debt$7.8B+15.6%
Total equity$11.6B+14.7%
Total assets$22.3B+13.7%

Cash flow

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Operating cash flow$1.1B+21.0%
CapEx$605.0M-1.9%
Free cash flow$451.0M+76.2%

Valuation

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Market cap$15.07B+51.0%
Enterprise value$22.85B+37.5%
P/E19.5×+5.0×
P/S1.7×+0.6×

Profitability

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Operating margin5.1%-5.7pp
Net margin8.5%+1.0pp

Returns & leverage

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Return on equity7.1%+0.4pp
Debt / equity0.7×0.0×
Current ratio0.6×+0.1×

Where this comes from

Calculated from Ovintiv’s reported figures.

Based on the most recent quarter.

The official record: Ovintiv’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ovintiv's price / book?
Ovintiv (OVV) reported price / book of 1.5× in Q1 2026.
How has Ovintiv's price / book changed year-over-year?
Ovintiv's price / book increased by 31.7% year-over-year, from 1.1× to 1.5×.
What is the long-term trend for Ovintiv's price / book?
Over 4 years (2021 to 2025), Ovintiv's price / book has grown at a -14.9% compound annual growth rate (CAGR), from 7.6× to 4×.
What does price / book mean?
How the market price compares to the company's accounting net worth.
How do you interpret price / book?
Below 1.0 can flag a market discount to book value (common for distressed or asset-heavy firms); high values reflect intangible value the balance sheet doesn't capture. Most informative for financials and asset-heavy businesses.
How does price / book compare across companies?
A core valuation gauge for banks and insurers; weak for asset-light firms where book value understates economic value.