Devon EnergyDVN.NValuation Analysis
Based on the blended 10-year P/E and P/B percentiles, the stock currently sits in the “Fair Value Range” zone.
As of Oct 16, 2026, Devon Energy (DVN.N) trades at a P/E of 17.00x, P/B of 1.34x, P/S of 2.84x, and a dividend yield of 1.74%.
Longitudinal percentile comparison: P/E sits at the 83rd percentile over the trailing 10Y window (vs. 96th percentile over 3Y); P/B sits at the 14th percentile over the trailing 10Y window (vs. 10th percentile over 3Y); P/S sits at the 88th percentile over the trailing 10Y window (vs. 96th percentile over 3Y).
Cross-sectional valuation: its P/E ranks at the 59th percentile within its industry and the 44th percentile across the broader market.
Shareholder return highlight: Total Shareholder Yield is 3.62%, ranking at the 46th percentile over the trailing 20Y window.
The P/E and P/B percentiles diverge here, differing by 69.0 points — relying on either metric alone could be misleading. Relative to the broader market, its P/E shows a deeper discount than it does against industry peers. Breaking down the total shareholder yield: 1.74% comes from cash dividends, with an implied ~1.88% from buybacks — a fairly balanced mix of both channels. Devon Energy operates in the Mining sector. Data refreshes weekly and is for reference only, not investment advice.
Also listed as: NYSE: DVN · DVN
Want the full picture on whether Devon Energy (DVN.N) is under- or over-valued? See the full 3Y / 5Y / 10Y / 20Y P/E, P/B, P/S, Dividend Yield & Total Shareholder Yield percentile matrix and the interactive ECharts trend chart on this page.
Historical Percentiles by Metric
| Metric | Current | Market Percentile | Industry Percentile | 3Y Pctl | 5Y Pctl | 10Y Pctl | 20Y Pctl |
|---|---|---|---|---|---|---|---|
| P/E (TTM) | 17.00 | ||||||
| P/B (MRQ) | 1.34 | ||||||
| P/S (TTM) | 2.84 | ||||||
| Dividend Yield | 1.74% | ||||||
| Buyback + Div Yield | 3.62% |