Ovintiv (STU:47Q) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:47Q Ovintiv Inc STU:47Q
59 GF Score
Price €54.18
GF Value €36.55
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Ovintiv Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ovintiv  (STU:47Q) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Ovintiv Cyclically Adjusted PS Ratio Related Terms


Ovintiv Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ovintiv's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ovintiv Cyclically Adjusted PS Ratio Chart

Ovintiv Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.05 1.42 1.18 1.16 0.97

Ovintiv Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.99 1.04 0.96 1.50 1.32

STU:47Q vs PR, APA, EXE: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas E&P subindustry, Ovintiv's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ovintiv Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ovintiv's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ovintiv's Cyclically Adjusted PS Ratio falls into.


STU:47Q
59GF Score
Ovintiv Inc STU:47Q
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ovintiv Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Ovintiv's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Ovintiv's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=8.82/333.9520*333.9520
=8.820

Current CPI (Jun. 2026) = 333.9520.

Ovintiv Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 4.609 241.428 6.375
201612 4.718 241.432 6.526
201703 4.585 243.801 6.280
201706 4.455 244.955 6.074
201709 3.923 246.819 5.308
201712 5.062 246.524 6.857
201803 5.348 249.554 7.157
201806 5.661 251.989 7.502
201809 6.765 252.439 8.949
201812 6.666 251.233 8.861
201903 5.733 254.202 7.532
201906 6.009 256.143 7.834
201909 6.085 256.759 7.914
201912 6.404 256.974 8.322
202003 5.548 258.115 7.178
202006 3.635 257.797 4.709
202009 4.429 260.280 5.683
202012 5.192 260.474 6.657
202103 7.069 264.877 8.912
202106 7.920 271.696 9.735
202109 8.899 274.310 10.834
202112 10.002 278.802 11.981
202203 11.861 287.504 13.777
202206 14.536 296.311 16.383
202209 14.182 296.808 15.957
202212 12.525 296.797 14.093
202303 9.817 301.836 10.862
202306 8.661 305.109 9.480
202309 9.751 307.789 10.580
202312 9.531 306.746 10.376
202403 8.168 312.332 8.733
202406 7.671 314.175 8.154
202409 7.572 315.301 8.020
202412 7.938 315.605 8.399
202503 8.732 319.799 9.118
202506 7.622 322.561 7.891
202509 6.763 324.800 6.954
202512 7.028 324.054 7.243
202603 8.270 330.213 8.364
202606 8.820 333.952 8.820

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Is Ovintiv (STU:47Q) Overvalued in 2026?

Based on GuruFocus' analysis, Ovintiv stock appears to be overvalued. The current stock price of €54.18 is trading 48.2% above its estimated GF Value™ of €36.55. GuruFocus considers Ovintiv to be Significantly Overvalued.

Key valuation signals for STU:47Q:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €36.55 vs. price of €54.18 (48.2% above fair value)
  • GF Score™: 59/100 with 9 warning signs

No single metric tells the full story. See the STU:47Q stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ovintiv Business Description

Industry EnergyOil & Gas
Other Exchanges OVV:USAOVV:Canada
Address 370 - 17th Street, Suite 1700, Denver, CO, USA, 80202
Ovintiv Inc is a North American oil and natural gas exploration and production company focused on developing its multi-basin portfolio of high-quality assets located in the United States and Canada. Its operations also include the marketing of oil, NGLs, and natural gas. The company has two operating segments: USA Operations and Canadian Operations. USA Operations include the exploration, development, production, and marketing of oil, NGLs, natural gas, and other related activities within the United States. Canadian Operations include the exploration, development, production, and marketing of oil, NGLs, natural gas, and other related activities within Canada. The company generates the majority of its revenue from USA Operations.
59GF Score

Get the complete analysis for STU:47Q

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€54.18
Price
€36.55
GF Value