OBE (Obsidian Energy) EV-to-EBITDA: 5.86 (As of Aug. 19, 2026) — 104% Above Median

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OBE Obsidian Energy Ltd OBE
51 GF Score
Price $11.83
GF Value $6.07
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Obsidian Energy EV-to-EBITDA?

Obsidian Energy OBE +1.89% 51 EV-to-EBITDA is 5.86 as of Aug. 19, 2026, which is 104% above its 10-year median of 2.87. GuruFocus rates OBE with a GF Score™ of 51/100 and a GF Value™ of $6.07 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 770 Oil & Gas companies, Obsidian Energy ranks better than 63.64% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Obsidian Energy's enterprise value is $1,061.6 Mil. Obsidian Energy's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $181.1 Mil. Therefore, Obsidian Energy's EV-to-EBITDA for today is 5.86.

The historical rank and industry rank for Obsidian Energy's EV-to-EBITDA or its related term are showing as below:

OBE' s EV-to-EBITDA Range Over the Past 10 Years
Min: -51.77   Med: 2.87   Max: 64.65
Current: 5.86

During the past 13 years, the highest EV-to-EBITDA of Obsidian Energy was 64.65. The lowest was -51.77. And the median was 2.87.

OBE's EV-to-EBITDA is ranked better than
63.64% of 770 companies
in the Oil & Gas industry
Industry Median: 7.575 vs OBE: 5.86

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-19), Obsidian Energy's stock price is $11.83. Obsidian Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $0.274. Therefore, Obsidian Energy's PE Ratio (TTM) for today is 43.18.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Obsidian Energy  (AMEX:OBE) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Obsidian Energy's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=11.83/0.274
=43.18

Obsidian Energy's share price for today is $11.83.
Obsidian Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.274.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Obsidian Energy EV-to-EBITDA Related Terms


Obsidian Energy EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Obsidian Energy's EV-to-EBITDA 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.

Obsidian Energy EV-to-EBITDA Chart

Obsidian Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.83 1.63 2.41 62.65 2.81

Obsidian Energy Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA 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 -27.68 -9.27 2.81 5.30 4.57

OBE vs COP, EOG, FANG: EV-to-EBITDA Comparison

For the Oil & Gas E&P subindustry, Obsidian Energy's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Obsidian Energy EV-to-EBITDA vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Obsidian Energy's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Obsidian Energy's EV-to-EBITDA falls into.


OBE
51GF Score
Obsidian Energy Ltd OBE
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Obsidian Energy EV-to-EBITDA Calculation

Obsidian Energy's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1061.567/181.101
=5.86

Obsidian Energy's current Enterprise Value is $1,061.6 Mil.
Obsidian Energy's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $181.1 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 5.86 mean?
Obsidian Energy (OBE) has a EV-to-EBITDA of 5.86 as of Aug. 19, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Obsidian Energy. This is 104% above median its historical median of 2.87. According to the industry distribution chart, Obsidian Energy ranks #280 out of 770 companies in the Oil & Gas industry, placing it in the top 36.4%.
Is Obsidian Energy's EV-to-EBITDA too high?
Obsidian Energy's current EV-to-EBITDA of 5.86 is 104% above median its 10-year median of 2.87. The Oil & Gas industry median EV-to-EBITDA is 7.58. Obsidian Energy's value of 5.86 is 22.6% below this industry median. Based on the distribution chart, Obsidian Energy ranks #280 out of 770 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Obsidian Energy has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Obsidian Energy's EV-to-EBITDA compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Obsidian Energy ranks #280 out of 770 companies for EV-to-EBITDA. This puts Obsidian Energy in the upper half of its industry. The industry median EV-to-EBITDA is 7.58. Obsidian Energy's value of 5.86 is 22.6% below this benchmark. While the company's 10-year median is 2.87 vs. the industry median of 7.58, Obsidian Energy has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Oil & Gas company?
The median EV-to-EBITDA among Oil & Gas companies is 7.58, based on 770 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Obsidian Energy's current EV-to-EBITDA of 5.86 is 22.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Obsidian Energy. For the Oil & Gas industry, the median EV-to-EBITDA is 7.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Obsidian Energy's current EV-to-EBITDA is 5.86, which is 104% above median its own 10-year median of 2.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Obsidian Energy stock overvalued right now?
Based on GuruFocus' analysis, Obsidian Energy (OBE) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.07, compared to a current price of $11.83 — trading 94.9% above its estimated fair value. The current EV-to-EBITDA is 5.86, which is 104% above median its 10-year median of 2.87 and 22.6% below the Oil & Gas industry median of 7.58. Obsidian Energy's overall GF Score™ is 51/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Obsidian Energy (OBE), the current EV-to-EBITDA is 5.86 as of Aug. 19, 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 Obsidian Energy (OBE) Overvalued in 2026?

Based on GuruFocus' analysis, Obsidian Energy stock appears to be overvalued. The current stock price of $11.83 is trading 94.9% above its estimated GF Value™ of $6.07. GuruFocus considers Obsidian Energy to be Significantly Overvalued.

Key valuation signals for OBE:

  • EV-to-EBITDA: 5.86 (104% above median its 10-year median of 2.87)
  • GF Value™: $6.07 vs. price of $11.83 (94.9% above fair value)
  • GF Score™: 51/100 with 5 warning signs
  • Industry Position: 22.6% below the Oil & Gas median (#280 of 770)

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


Obsidian Energy Business Description

Industry EnergyOil & Gas
Other Exchanges P13A:GermanyOBE:Canada
Address 207 - 9th Avenue SW, Suite 200, Calgary, AB, CAN, T2P 1K3
Obsidian Energy Ltd is an intermediate-sized oil and gas producer with strategic assets in Alberta. It operates in a single reporting segment that is exploration, development, and holding an interest in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin. The company generates the majority of the revenue from the Sale of Oil.
51GF Score

Get the complete analysis for OBE

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

$11.83
Price
$6.07
GF Value