Is Ovintiv Inc. (OVV) Undervalued?
Based on the current stock price of $37.97 and a P/E ratio of 40.83,Ovintiv Inc. has a PEG ratio of .
The Short Answer:
Most analysts consider a PEG ratio below 1.0 to be undervalued. With a ratio of , OVV appears to be fairly valued relative to its growth rate of -22.79%.
Based on a PEG ratio of 0.00.
Compare OVV vs Competitors
Use the calculator below to see how OVV stacks up against other stocks in the same industry.
How we analyzed OVV
We calculated the PEG (Price/Earnings-to-Growth) ratio by taking the Price-to-Earnings Ratio of 40.83and dividing it by the annual growth rate of -22.79%.
PEG = 40.83 (P/E) ÷ -22.79 (Growth) =
Frequently Asked Questions about OVV
What is the current PEG Ratio for Ovintiv Inc. (OVV)?+
The current PEG Ratio for Ovintiv Inc. is N/A. A PEG ratio below 1.0 generally suggests the stock may be undervalued relative to its growth.
Is OVV stock undervalued right now?+
Based on the PEG ratio of N/A, Ovintiv Inc. appears to be fairly valued. Investors typically look for a PEG ratio below 1.0 to find undervalued growth stocks.
What is the PEGY Ratio for OVV?+
The PEGY ratio for Ovintiv Inc. is N/A. This metric accounts for dividend yield (3.16%), providing a more complete valuation picture.