Devon Energy Stock Price To Book

DVN Stock

USD 48.15 0.08 0.17%

Devon Energy fundamentals help investors to digest information that contributes to Devon Energy's financial success or failures. It also enables traders to predict the movement of Devon Stock. The fundamental analysis module provides a way to measure Devon Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Devon Energy stock.

Short Long Term Debt Total Total Assets

As of the 26th of May 2024, Price To Book Ratio is likely to drop to 1.46.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Devon Energy Company Price To Book Analysis

Devon Energy's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

P/B

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis

Current Devon Energy Price To Book

2.81 X

Most of Devon Energy's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Devon Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Devon Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for Devon Energy is extremely important. It helps to project a fair market value of Devon Stock properly, considering its historical fundamentals such as Price To Book. Since Devon Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Devon Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Devon Energy's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Accounts Payable	Intangible Assets	Common Stock	Long Term Debt	Good Will	Property Plant Equipment	Treasury Stock	Current Deferred Revenue	Short Term Debt	Short Term Investments	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Accumulated Depreciation	Short Long Term Debt	Long Term Investments	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.93	0.72	0.82	0.78	0.98	0.87	0.6	0.58	0.25	0.65	0.88	0.96	0.68	0.52	0.37	0.26	0.63	0.54	-0.22	0.78	0.33	0.01	-0.16	0.05	0.55	-0.03	-0.04
Total Stockholder Equity	0.93		0.43	0.95	0.66	0.86	0.91	0.65	0.71	0.19	0.34	0.76	0.9	0.54	0.41	0.24	0.41	0.84	0.22	-0.3	0.87	0.48	-0.18	-0.05	-0.07	0.46	-0.09	0.05
Net Debt	0.72	0.43		0.25	0.72	0.8	0.4	0.38	0.02	0.38	0.95	0.66	0.69	0.66	0.58	0.35	-0.12	0.01	0.89	0.11	0.28	-0.15	0.26	-0.1	0.07	0.52	-0.07	0.0
Retained Earnings	0.82	0.95	0.25		0.46	0.73	0.85	0.59	0.71	-0.07	0.14	0.73	0.81	0.34	0.3	0.16	0.5	0.88	0.07	-0.48	0.94	0.66	-0.28	-0.15	-0.15	0.37	-0.02	-0.09
Net Receivables	0.78	0.66	0.72	0.46		0.77	0.51	0.46	0.1	0.65	0.61	0.48	0.79	0.69	0.63	0.15	-0.21	0.37	0.48	0.17	0.42	-0.09	0.04	0.24	-0.02	0.36	-0.23	0.33
Total Liab	0.98	0.86	0.8	0.73	0.77		0.84	0.56	0.55	0.29	0.75	0.89	0.92	0.74	0.49	0.42	0.2	0.5	0.64	-0.2	0.69	0.22	0.08	-0.19	0.08	0.54	0.0	-0.07
Total Current Assets	0.87	0.91	0.4	0.85	0.51	0.84		0.44	0.85	0.14	0.37	0.81	0.74	0.65	0.13	0.34	0.49	0.65	0.24	-0.47	0.72	0.36	-0.09	-0.3	0.14	0.3	0.2	-0.2
Accounts Payable	0.6	0.65	0.38	0.59	0.46	0.56	0.44		0.34	0.33	0.33	0.35	0.73	0.44	0.75	0.09	0.15	0.46	0.1	0.03	0.5	0.19	-0.12	0.41	-0.41	0.39	-0.66	0.37
Intangible Assets	0.58	0.71	0.02	0.71	0.1	0.55	0.85	0.34		-0.04	0.05	0.61	0.44	0.35	-0.07	0.4	0.65	0.61	-0.03	-0.43	0.59	0.47	-0.06	-0.24	0.03	0.25	0.12	-0.17
Common Stock	0.25	0.19	0.38	-0.07	0.65	0.29	0.14	0.33	-0.04		0.35	-0.12	0.26	0.63	0.38	0.02	-0.38	-0.07	0.12	0.49	-0.25	-0.62	0.11	0.67	-0.12	0.02	-0.44	0.68
Long Term Debt	0.65	0.34	0.95	0.14	0.61	0.75	0.37	0.33	0.05	0.35		0.62	0.62	0.67	0.5	0.38	-0.14	-0.1	0.91	0.12	0.18	-0.23	0.31	-0.19	0.24	0.48	-0.04	-0.05
Good Will	0.88	0.76	0.66	0.73	0.48	0.89	0.81	0.35	0.61	-0.12	0.62		0.77	0.48	0.27	0.55	0.42	0.48	0.63	-0.39	0.77	0.5	0.16	-0.5	0.13	0.56	0.22	-0.37
Property Plant Equipment	0.96	0.9	0.69	0.81	0.79	0.92	0.74	0.73	0.44	0.26	0.62	0.77		0.56	0.68	0.26	0.19	0.68	0.51	-0.08	0.8	0.36	-0.06	0.0	-0.05	0.63	-0.24	0.12
Treasury Stock	0.68	0.54	0.66	0.34	0.69	0.74	0.65	0.44	0.35	0.63	0.67	0.48	0.56		0.33	0.27	-0.15	0.02	0.36	-0.22	0.16	-0.4	0.13	0.0	0.08	-0.01	0.02	-0.01
Current Deferred Revenue	0.52	0.41	0.58	0.3	0.63	0.49	0.13	0.75	-0.07	0.38	0.5	0.27	0.68	0.33		0.19	-0.15	0.25	0.39	0.34	0.38	0.04	0.16	0.39	-0.39	0.51	-0.68	0.39
Short Term Debt	0.37	0.24	0.35	0.16	0.15	0.42	0.34	0.09	0.4	0.02	0.38	0.55	0.26	0.27	0.19		0.19	0.01	0.39	0.03	0.24	0.16	0.87	-0.3	0.0	0.4	0.1	-0.22
Short Term Investments	0.26	0.41	-0.12	0.5	-0.21	0.2	0.49	0.15	0.65	-0.38	-0.14	0.42	0.19	-0.15	-0.15	0.19		0.54	-0.04	-0.28	0.5	0.69	-0.1	-0.28	0.02	0.31	0.12	-0.2
Net Tangible Assets	0.63	0.84	0.01	0.88	0.37	0.5	0.65	0.46	0.61	-0.07	-0.1	0.48	0.68	0.02	0.25	0.01	0.54		-0.07	-0.19	0.86	0.74	-0.36	0.02	-0.1	0.48	-0.11	0.14
Long Term Debt Total	0.54	0.22	0.89	0.07	0.48	0.64	0.24	0.1	-0.03	0.12	0.91	0.63	0.51	0.36	0.39	0.39	-0.04	-0.07		0.22	0.2	-0.02	0.34	-0.31	0.31	0.65	0.07	-0.13
Capital Surpluse	-0.22	-0.3	0.11	-0.48	0.17	-0.2	-0.47	0.03	-0.43	0.49	0.12	-0.39	-0.08	-0.22	0.34	0.03	-0.28	-0.19	0.22		-0.4	-0.26	0.28	0.62	-0.04	0.42	-0.57	0.71
Deferred Long Term Liab	0.78	0.87	0.28	0.94	0.42	0.69	0.72	0.5	0.59	-0.25	0.18	0.77	0.8	0.16	0.38	0.24	0.5	0.86	0.2	-0.4		0.79	-0.16	-0.27	-0.07	0.51	0.0	-0.16
Accumulated Depreciation	0.33	0.48	-0.15	0.66	-0.09	0.22	0.36	0.19	0.47	-0.62	-0.23	0.5	0.36	-0.4	0.04	0.16	0.69	0.74	-0.02	-0.26	0.79		-0.17	-0.3	-0.07	0.49	0.04	-0.22
Short Long Term Debt	0.01	-0.18	0.26	-0.28	0.04	0.08	-0.09	-0.12	-0.06	0.11	0.31	0.16	-0.06	0.13	0.16	0.87	-0.1	-0.36	0.34	0.28	-0.16	-0.17		-0.14	-0.01	0.2	0.05	-0.11
Long Term Investments	-0.16	-0.05	-0.1	-0.15	0.24	-0.19	-0.3	0.41	-0.24	0.67	-0.19	-0.5	0.0	0.0	0.39	-0.3	-0.28	0.02	-0.31	0.62	-0.27	-0.3	-0.14		-0.53	-0.01	-0.83	0.92
Cash And Equivalents	0.05	-0.07	0.07	-0.15	-0.02	0.08	0.14	-0.41	0.03	-0.12	0.24	0.13	-0.05	0.08	-0.39	0.0	0.02	-0.1	0.31	-0.04	-0.07	-0.07	-0.01	-0.53		0.02	0.58	-0.36
Net Invested Capital	0.55	0.46	0.52	0.37	0.36	0.54	0.3	0.39	0.25	0.02	0.48	0.56	0.63	-0.01	0.51	0.4	0.31	0.48	0.65	0.42	0.51	0.49	0.2	-0.01	0.02		-0.27	0.21
Net Working Capital	-0.03	-0.09	-0.07	-0.02	-0.23	0.0	0.2	-0.66	0.12	-0.44	-0.04	0.22	-0.24	0.02	-0.68	0.1	0.12	-0.11	0.07	-0.57	0.0	0.04	0.05	-0.83	0.58	-0.27		-0.79
Capital Stock	-0.04	0.05	0.0	-0.09	0.33	-0.07	-0.2	0.37	-0.17	0.68	-0.05	-0.37	0.12	-0.01	0.39	-0.22	-0.2	0.14	-0.13	0.71	-0.16	-0.22	-0.11	0.92	-0.36	0.21	-0.79

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Devon Price To Book Historical Pattern

Today, most investors in Devon Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Devon Energy's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Devon Energy price to book as a starting point in their analysis.

Devon Energy Price To Book

Timeline

Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

Competition

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Price Book Value Ratio Over Time

Devon Book Value Per Share

Book Value Per Share

16.27

At this time, Devon Energy's Book Value Per Share is very stable compared to the past year.

Based on the latest financial disclosure, Devon Energy has a Price To Book of 2.8125 times. This is 30.21% lower than that of the Oil, Gas & Consumable Fuels sector and 73.71% lower than that of the Energy industry. The price to book for all United States stocks is 70.43% higher than that of the company.

Devon Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Devon Energy's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Devon Energy could also be used in its relative valuation, which is a method of valuing Devon Energy by comparing valuation metrics of similar companies.

Devon Energy is currently under evaluation in price to book category among related companies.

Devon Energy ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Devon Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Devon Energy's managers, analysts, and investors.

Environmental

Governance

Social

Devon Fundamentals

	Return On Equity	0.29
	Return On Asset	0.11
	Profit Margin	0.23 %
	Operating Margin	0.24 %
	Current Valuation	35.96 B
	Shares Outstanding	632 M
	Shares Owned By Insiders	0.75 %
	Shares Owned By Institutions	72.83 %
	Number Of Shares Shorted	15.42 M
	Price To Earning	7.20 X
	Price To Book	2.81 X
	Price To Sales	2.35 X
	Revenue	15.14 B
	Gross Profit	11.33 B
	EBITDA	7.38 B
	Net Income	3.75 B
	Cash And Equivalents	1.45 B
	Cash Per Share	1.78 X
	Total Debt	6.48 B
	Debt To Equity	0.61 %
	Current Ratio	1.16 X
	Book Value Per Share	19.23 X
	Cash Flow From Operations	6.58 B
	Short Ratio	2.24 X
	Earnings Per Share	5.25 X
	Price To Earnings To Growth	0.40 X
	Target Price	58.37
	Number Of Employees	1.9 K
	Beta	2.19
	Market Capitalization	30.43 B
	Total Asset	25.02 B
	Retained Earnings	6.2 B
	Working Capital	208 M
	Current Asset	1.06 B
	Current Liabilities	1.04 B
	Annual Yield	0.04 %
	Five Year Return	2.54 %
	Net Asset	25.02 B
	Last Dividend Paid	2.42

About Devon Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Devon Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Devon Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Devon Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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When determining whether Devon Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Devon Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Devon Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Devon Energy Stock:

How To Invest In Devon

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Is Devon Stock a good investment?

Details

What is Devon Energy's Net Worth?

Details

Largest Oil & Gas Exploration & Production Companies

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Largest Oil & Gas E&P Companies

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Check out Devon Energy Piotroski F Score and Devon Energy Altman Z Score analysis.

To learn how to invest in Devon Stock, please use our How to Invest in Devon Energy guide.

You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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When running Devon Energy's price analysis, check to measure Devon Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Devon Energy is operating at the current time. Most of Devon Energy's value examination focuses on studying past and present price action to predict the probability of Devon Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Devon Energy's price. Additionally, you may evaluate how the addition of Devon Energy to your portfolios can decrease your overall portfolio volatility.

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Is Devon Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Devon Energy. If investors know Devon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Devon Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.39)

Dividend Share

2.42

Earnings Share

5.25

Revenue Per Share

22.691

Quarterly Revenue Growth

(0.01)

The market value of Devon Energy is measured differently than its book value, which is the value of Devon that is recorded on the company's balance sheet. Investors also form their own opinion of Devon Energy's value that differs from its market value or its book value, called intrinsic value, which is Devon Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Devon Energy's market value can be influenced by many factors that don't directly affect Devon Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Devon Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Devon Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Devon Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Devon Energy Stock Price To Book

Devon Energy Company Price To Book Analysis

P/B

MV Per Share

BV Per Share

Current Devon Energy Price To Book

Devon Price To Book Driver Correlations

Devon Price To Book Historical Pattern

Devon Book Value Per Share

Book Value Per Share

16.27

Devon Price To Book Peer Comparison

Devon Energy ESG Sustainability

Devon Fundamentals

About Devon Energy Fundamental Analysis

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Devon Stock analysis

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