Ovintiv Tangible Book Value Per Share from 2010 to 2024

OVV Stock  USD 41.35  0.15  0.36%   
Ovintiv Tangible Book Value Per Share yearly trend continues to be fairly stable with very little volatility. Tangible Book Value Per Share is likely to outpace its year average in 2024. During the period from 2010 to 2024, Ovintiv Tangible Book Value Per Share regression line of quarterly data had mean square error of  190.03 and geometric mean of  22.84. View All Fundamentals
 
Tangible Book Value Per Share  
First Reported
2010-12-31
Previous Quarter
29.89996152
Current Value
53.76
Quarterly Volatility
13.32810936
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ovintiv financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ovintiv's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 B, Interest Expense of 467.4 M or Total Revenue of 7.9 B, as well as many indicators such as Price To Sales Ratio of 1.2, Dividend Yield of 0.0343 or PTB Ratio of 1.08. Ovintiv financial statements analysis is a perfect complement when working with Ovintiv Valuation or Volatility modules.
  
Check out the analysis of Ovintiv Correlation against competitors.
For more information on how to buy Ovintiv Stock please use our How to Invest in Ovintiv guide.

Latest Ovintiv's Tangible Book Value Per Share Growth Pattern

Below is the plot of the Tangible Book Value Per Share of Ovintiv over the last few years. It is Ovintiv's Tangible Book Value Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ovintiv's overall financial position and show how it may be relating to other accounts over time.
Tangible Book Value Per Share10 Years Trend
Very volatile
   Tangible Book Value Per Share   
       Timeline  

Ovintiv Tangible Book Value Per Share Regression Statistics

Arithmetic Mean26.39
Geometric Mean22.84
Coefficient Of Variation50.51
Mean Deviation9.62
Median23.74
Standard Deviation13.33
Sample Variance177.64
Range49.0949
R-Value(0.08)
Mean Square Error190.03
R-Squared0.01
Significance0.77
Slope(0.24)
Total Sum of Squares2,487

Ovintiv Tangible Book Value Per Share History

2024 53.76
2023 29.9
2022 20.13
2021 9.39
2020 4.67
2019 28.02
2018 25.49

About Ovintiv Financial Statements

Ovintiv investors use historical fundamental indicators, such as Ovintiv's Tangible Book Value Per Share, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Ovintiv. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tangible Book Value Per Share 29.90  53.76 

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Additional Tools for Ovintiv Stock Analysis

When running Ovintiv's price analysis, check to measure Ovintiv's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ovintiv is operating at the current time. Most of Ovintiv's value examination focuses on studying past and present price action to predict the probability of Ovintiv's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ovintiv's price. Additionally, you may evaluate how the addition of Ovintiv to your portfolios can decrease your overall portfolio volatility.