Devon Energy Corporation (DVN) Valuation
Historical valuation analysis based on 500 data points (2024-08-30 to 2026-08-28)
Devon Energy is an oil and gas producer with acreage in several top US shale plays. While roughly two-thirds of its production comes from the Permian Basin, it also holds a meaningful presence in t...
Devon Energy Corporation (DVN) currently trades at a P/E ratio of 12.52 (historical range: 3.81–12.65, median: 8.56), placing it at the 99th percentile — expensive relative to its history, P/S ratio of 1.95 (range: 1.20–1.97, 99th percentile — expensive relative to its history).
Over the historical period (2024-08-30 to 2026-08-28), Devon Energy Corporation's P/E ratio has expanded by 38% over the observed period (from an average of 6.9 to 9.5).
Devon Energy Corporation appears overvalued relative to its own historical valuation range, trading at elevated multiples across most metrics.
Historical Valuation Metrics
| Metric | Current | Min | Median | Max | Percentile | Assessment |
|---|---|---|---|---|---|---|
| P/E Ratio | 12.52 | 3.81 | 8.56 | 12.65 | 99th | expensive relative to its history |
| P/S Ratio | 1.95 | 1.20 | 1.49 | 1.97 | 99th | expensive relative to its history |
| FCF Yield | 0.09 | 0.04 | 0.10 | 0.14 | 42th | near its historical average |