Ovintiv (MEX:OVV) E10: MXN30.23 (As of Jun. 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.
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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.

MEX:OVV Ovintiv Inc MEX:OVV
59 GF Score
Price MXN1,088.00
GF Value MXN515.81
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Ovintiv E10?

Ovintiv MEX:OVV 59 E10 is MXN30.23 as of Jun. 2026. GuruFocus rates MEX:OVV with a GF Score™ of 59/100 and a GF Value™ of MXN515.81 (Significantly Overvalued). The stock has 9 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Ovintiv's adjusted earnings per share data for the three months ended in Jun. 2026 was MXN28.267. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN30.23 for the trailing ten years ended in Jun. 2026.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Ovintiv was 27.90% per year. The lowest was -103.00% per year. And the median was -13.60% per year.

As of today (2026-08-22), Ovintiv's current stock price is MXN1088.00. Ovintiv's E10 for the quarter that ended in Jun. 2026 was MXN30.23. Ovintiv's Shiller PE Ratio of today is 35.99.

During the past 13 years, the highest Shiller PE Ratio of Ovintiv was 54.21. The lowest was 6.35. And the median was 17.44.


Ovintiv  (MEX:OVV) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Ovintiv's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1088.00/30.23
=35.99

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Ovintiv was 54.21. The lowest was 6.35. And the median was 17.44.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Ovintiv E10 Related Terms


Ovintiv E10 Historical Data

* Premium members only.

The historical data trend for Ovintiv's E10 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 E10 Chart

Ovintiv Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -95.39 -55.66 -42.49 -60.69 27.42

Ovintiv Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
E10 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 -4.71 12.81 27.42 19.33 30.23

MEX:OVV vs PR, EXE, APA: E10 Comparison

For the Oil & Gas E&P subindustry, Ovintiv's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Oil & Gas Industry

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

* The bar in red indicates where Ovintiv's Shiller PE Ratio falls into.


MEX:OVV
59GF Score
Ovintiv Inc MEX:OVV
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ovintiv E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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.

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

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=28.267/333.9520*333.9520
=28.267

Current CPI (Jun. 2026) = 333.9520.

Ovintiv Quarterly Data

per share eps CPI Adj_EPS
201609 35.771 241.428 49.480
201612 -29.895 241.432 -41.351
201703 41.424 243.801 56.741
201706 30.729 244.955 41.893
201709 27.222 246.819 36.832
201712 -23.567 246.524 -31.925
201803 14.534 249.554 19.449
201806 -15.720 251.989 -20.833
201809 3.741 252.439 4.949
201812 105.440 251.233 140.156
201903 -19.398 254.202 -25.484
201906 23.435 256.143 30.554
201909 11.056 256.759 14.380
201912 -0.377 256.974 -0.490
202003 37.986 258.115 49.147
202006 -389.395 257.797 -504.425
202009 -129.232 260.280 -165.811
202012 -47.144 260.474 -60.443
202103 23.712 264.877 29.896
202106 -15.726 271.696 -19.329
202109 -5.757 274.310 -7.009
202112 106.673 278.802 127.774
202203 -18.716 287.504 -21.740
202206 104.815 296.311 118.130
202209 93.132 296.808 104.787
202212 102.159 296.797 114.948
202303 35.509 301.836 39.287
202306 22.973 305.109 25.145
202309 25.606 307.789 27.783
202312 53.808 306.746 58.580
202403 20.579 312.332 22.004
202406 23.267 314.175 24.732
202409 37.805 315.301 40.041
202412 -4.171 315.605 -4.413
202503 -12.480 319.799 -13.032
202506 22.218 322.561 23.003
202509 10.456 324.800 10.751
202512 65.721 324.054 67.728
202603 -42.377 330.213 -42.857
202606 28.267 333.952 28.267

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of MXN30.23 mean?
Ovintiv (MEX:OVV) has a E10 of MXN30.23 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ovintiv and its competitors.
Is Ovintiv's E10 too high?
Ovintiv's current E10 is MXN30.23. Overall, Ovintiv has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ovintiv's E10 compare to PR and EXE?
Ovintiv's E10 of MXN30.23 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for an Oil & Gas company?
A good E10 depends on the Oil & Gas industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ovintiv and its competitors. Ovintiv's current E10 is MXN30.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ovintiv stock overvalued right now?
Based on GuruFocus' analysis, Ovintiv (MEX:OVV) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN515.81, compared to a current price of MXN1,088.00 — trading 110.9% above its estimated fair value. The current E10 is MXN30.23. Ovintiv's overall GF Score™ is 59/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Ovintiv (MEX:OVV), the current E10 is MXN30.23 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ovintiv (MEX:OVV) Overvalued in 2026?

Based on GuruFocus' analysis, Ovintiv stock appears to be overvalued. The current stock price of MXN1,088.00 is trading 110.9% above its estimated GF Value™ of MXN515.81. GuruFocus considers Ovintiv to be Significantly Overvalued.

Key valuation signals for MEX:OVV:

  • E10: MXN30.23
  • GF Value™: MXN515.81 vs. price of MXN1,088.00 (110.9% above fair value)
  • GF Score™: 59/100 with 9 warning signs

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


Ovintiv Business Description

Industry EnergyOil & Gas
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 MEX:OVV

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,088.00
Price
MXN515.81
GF Value