Price to Book ratio Analysis of Devon Energy Corporation - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY PB
Period Ending - Dec-23
Poor PB
2.60
Period Ending - Dec-22
Poor PB
2.98
Growth
-12.71 %
Trailing Twelve Months PB
Period Ending - Dec-23
Very Poor PB
3.32
Most recent Quarter PB
Period Ending - Mar-24
Poor PB
2.54
PB Analysis of Devon Energy Corporation
| P/B Ratio of Devon Energy Corporation with value of 3.32 shows that company is trading much above Book value and may be risky. |
| PB Ratio of DVN has fallen by -12.71 % Compared to previous Financial Year. |
| PB Ratio with value of 6.20 was highest in Year Dec-20 in last Five Years. |
| PB Ratio of DVN trending down for at least three Years. |
| Latest PB Ratio with value of 2.60 is lower than Average PB of 3.76 in last five years. |
Other PB Related Info of DVN that may interest you.
Devon Energy Corporation Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| DVN | 49.62 | 49.24 | 0.772 % | Oil & Gas E&P |
Defination of Price to Book
Price to book value essentially determines the value given by the market for each rupee of the company's net worth. Book value refers to how much an investor would receive if the company sold off its assets and paid all its debts. Book value shows the actual value of the company. more ..
PB Related Ratios
| PriceToEarningRatio | PriceToSalesRatio | ReturnOnEquity |
Tsr Value Index
| Good Value | |
FY - Historical Price to Book of Devon Energy Corporation
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| PB | 2.60 | 2.98 | 3.58 | 6.20 | 3.41 | 2.71 | 1.86 |
| Change | -12.71 % | -16.79 % | -42.15 % | 81.64 % | 25.80 % | 45.98 % | -24.29 % |
FY Chart of Price to Book of Devon Energy Corporation
Note : All Data Generated at the End of Trading Hours (EOD Data)