Is Denbury, Inc. overvalued or undervalued?

Jun 25 2025 08:25 AM IST
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As of October 1, 2023, Denbury, Inc. is considered undervalued with a positive valuation outlook, reflected in its attractive P/E ratio of 8.5 and P/B ratio of 1.2, especially when compared to peers like Devon Energy and Pioneer Natural Resources.
As of 1 October 2023, Denbury, Inc. has moved from fair to attractive, indicating a positive shift in its valuation outlook. The company is currently considered undervalued. Key ratios include a Price-to-Earnings (P/E) ratio of 8.5, a Price-to-Book (P/B) ratio of 1.2, and a Debt-to-Equity (D/E) ratio of 0.5, which suggest a strong financial position relative to its earnings and assets.

When compared to peers, Devon Energy has a P/E ratio of 10.2, and Pioneer Natural Resources shows a P/B ratio of 1.5, highlighting Denbury's relative attractiveness in the market. Additionally, Denbury's recent stock performance has outpaced the Sensex, reinforcing the notion that it is undervalued in the current market environment.
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