Ovintiv (OVV) - P/B ratio

P/B ratio as of November 2024 : 0.9922

According to Ovintiv's latest financial reports the company has a price-to-book ratio of 0.980178.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Ovintiv - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.15	-29.72%
2022-12-31	1.64	-4.67%
2021-12-31	1.72	76.81%
2020-12-31	0.9714	59.54%
2019-12-31	0.6089	-17.72%
2018-12-31	0.7400	-61.66%
2017-12-31	1.93	3.96%
2016-12-31	1.86	165.93%
2015-12-31	0.6982	-34.51%
2014-12-31	1.07	-58.89%
2013-12-31	2.59	-5.64%
2012-12-31	2.75	73.03%
2011-12-31	1.59	28.5%
2010-12-31	1.24	-16.1%
2009-12-31	1.47	-2.96%
2008-12-31	1.52	-38.57%
2007-12-31	2.47	19.84%
2006-12-31	2.06	-14.94%
2005-12-31	2.42	34.99%
2004-12-31	1.80	11.62%
2003-12-31	1.61	-6.18%
2002-12-31	1.71

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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