Obsidian Energy Ltd. (OBE) P/E Ratio History
Premium ValuationTrading at 23.5x vs 5Y avg 19.0x · 85th percentile · Premium to historical baseline · Data 2006–2025
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P/E Ratio Analysis
As of June 28, 2026, Obsidian Energy Ltd. (OBE) trades at a price-to-earnings ratio of 23.5x, with a stock price of $8.13 and trailing twelve-month earnings per share of $0.09.
The current P/E is 24% above its 5-year average of 19.0x. Over the past five years, OBE's P/E has ranged from a low of 0.7x to a high of 221.5x, placing the current valuation at the 85th percentile of its historical range.
Compared to the Energy sector median P/E of 15.9x, OBE trades at a 48% premium to its sector peers. The sector includes 173 companies with P/E ratios ranging from 0.5x to 167.3x.
Relative to the broader market, OBE trades roughly in line with the S&P 500 median P/E of 25.3x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our OBE DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
OBE Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
OBE P/E vs Peers
Canadian oil sands and heavy oil producers peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $12M | 0.0Lowest | - | +20% | |
| $2B | 3.2 | 0.15Best | -6% | |
| $191M | 3.9 | 3.80 | +49%Best | |
| $70B | 20.0 | - | -24% | |
| $29B | 22.8 | - | -47% | |
| $56B | 21.8 | - | -13% | |
| $73B | 30.2 | - | -26% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
OBE Historical P/E Data (2006–2025)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2025 Q4 | Dec 31 2025 | $6.13 | $0.47 | 13.0x | -54% |
| FY2024 Q3 | Sep 30 2024 | $5.54 | $1.45 | 3.8x | -86% |
| FY2024 Q2 | Jun 30 2024 | $7.48 | $1.33 | 5.6x | -80% |
| FY2024 Q1 | Mar 31 2024 | $8.22 | $1.09 | 7.5x | -73% |
| FY2023 Q4 | Dec 31 2023 | $6.78 | $1.30 | 5.2x | -82% |
| FY2023 Q3 | Sep 30 2023 | $8.22 | $8.54 | 1.0x | -97% |
| FY2023 Q2 | Jun 30 2023 | $5.83 | $8.61 | 0.7x | -98% |
| FY2023 Q1 | Mar 31 2023 | $6.40 | $9.74 | 0.7x | -98% |
| FY2022 Q4 | Dec 31 2022 | $6.64 | $9.59 | 0.7x | -98% |
| FY2022 Q3 | Sep 30 2022 | $7.17 | $2.11 | 3.4x | -88% |
| FY2022 Q2 | - | $7.74 | $2.34 | 3.3x | -88% |
| FY2022 Q1 | - | $8.86 | $5.22 | 1.7x | -94% |
| FY2021 Q4 | Dec 31 2021 | $4.12 | $5.32 | 0.8x | -97% |
| FY2021 Q3 | - | $3.57 | $5.14 | 0.7x | -98% |
| FY2021 Q2 | Jun 30 2021 | $3.42 | $4.49 | 0.8x | -97% |
| FY2013 Q1 | Mar 31 2013 | $75.32 | $0.34 | 221.5x | +684% |
| FY2012 Q4 | Dec 31 2012 | $76.02 | $2.59 | 29.4x | +4% |
| FY2012 Q3 | Sep 30 2012 | $99.68 | $2.44 | 40.9x | +45% |
| FY2012 Q2 | Jun 30 2012 | $93.73 | $5.45 | 17.2x | -39% |
| FY2012 Q1 | Mar 31 2012 | $136.99 | $6.01 | 22.8x | -19% |
| FY2011 Q4 | Dec 31 2011 | $138.60 | $9.58 | 14.5x | -49% |
| FY2011 Q3 | Sep 30 2011 | $103.39 | $10.18 | 10.2x | -64% |
| FY2011 Q2 | - | $161.56 | $7.77 | 20.8x | -26% |
| FY2011 Q1 | - | $193.90 | $6.79 | 28.6x | +1% |
| FY2010 Q4 | Dec 31 2010 | $167.44 | $3.64 | 46.0x | +63% |
| FY2010 Q3 | - | $140.49 | $3.76 | 37.4x | +32% |
| FY2010 Q2 | Jun 30 2010 | $133.14 | $4.28 | 31.1x | +10% |
| FY2010 Q1 | Mar 31 2010 | $147.84 | $0.50 | 295.7x | +946% |
| FY2009 Q3 | Sep 30 2009 | $110.88 | $5.15 | 21.5x | -24% |
| FY2009 Q2 | - | $89.11 | $24.12 | 3.7x | -87% |
| FY2009 Q1 | - | $66.43 | $18.82 | 3.5x | -88% |
| FY2008 Q4 | Dec 31 2008 | $77.84 | $22.08 | 3.5x | -88% |
| FY2008 Q3 | - | $168.70 | $18.37 | 9.2x | -68% |
| FY2008 Q2 | Jun 30 2008 | $236.88 | $3.25 | 72.9x | +158% |
| FY2008 Q1 | Mar 31 2008 | $195.86 | $3.83 | 51.1x | +81% |
| FY2007 Q4 | Dec 31 2007 | $182.00 | $5.09 | 35.8x | +26% |
| FY2007 Q3 | Sep 30 2007 | $217.49 | $5.01 | 43.4x | +54% |
| FY2007 Q2 | Jun 30 2007 | $233.59 | $5.57 | 41.9x | +48% |
| FY2007 Q1 | Mar 31 2007 | $205.66 | $20.16 | 10.2x | -64% |
| FY2006 Q4 | Dec 31 2006 | $213.92 | $23.45 | 9.1x | -68% |
| FY2006 Q3 | Sep 30 2006 | $257.39 | $30.20 | 8.5x | -70% |
| FY2006 Q2 | Jun 30 2006 | $281.40 | $34.54 | 8.1x | -71% |
Average P/E for displayed period: 28.3x
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
20+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
OBE — Frequently Asked Questions
Quick answers to the most common questions about buying OBE stock.
What is OBE's P/E ratio?
Obsidian Energy Ltd. (OBE) trailing twelve-month P/E ratio is 23.5x, based on TTM diluted EPS of $0.09. The 5-year average P/E is 19.0x and the historical range spans 0.7x to 221.5x.
Is OBE stock overvalued or undervalued?
OBE trades at 23.5x P/E, above its 5-year average of 19.0x. The 85th percentile ranking within the 0.7x–221.5x historical range indicates a premium to historical valuation.
Is OBE stock expensive?
Yes, OBE is expensive relative to its own history. The current P/E of 23.5x is above the 5-year average of 19.0x and also above the Energy sector median of 15.9x. The stock sits at the 85th percentile of its 5-year valuation range.
What is OBE's historical P/E range?
Over the past 5 years, OBE's P/E ratio has ranged from 0.7x to 221.5x, with a median of 3.8x and an average of 19.0x. The current P/E of 23.5x places the stock at the 85th percentile of this range. Full historical data spans 2006–2025.
How does OBE's P/E compare to the S&P 500?
OBE trades at 23.5x P/E versus the S&P 500 median of 25.3x. The 7% discount to the market suggests lower growth expectations or perceived higher risk.
How does OBE's valuation compare to Energy peers?
Obsidian Energy Ltd. P/E of 23.5x compares to the Energy sector median of 15.9x. The premium reflects expected growth above peers or stronger fundamentals. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is OBE's PEG ratio?
OBE PEG ratio is N/A, based on a P/E of 23.5x and EPS growth of 118.4%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is OBE's earnings yield?
OBE earnings yield is 4.25%, the inverse of its 23.5x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.