OGE Oge Energy PE ratio, current and historical analysis
The PE ratio for Oge Energy stock stands at 22.7 as of Nov 21, 2024. The calculation is based on the latest EPS of $1.93 and the stock price of $43.81 per share. An increase of 25% has been observed in the PE ratio compared to its average of 18.2 of the last four quarters.
OGE PE ratio history
Over the last ten years, the average PE ratio of Oge Energy has been 16.53. The current 22.7 P/E ratio is 37% higher than the historical average. Looking back at the last ten years, OGE's PE ratio peaked in the Jun 2016 quarter at 27.75, with a price of $32.75 and an EPS of $1.18. The Sep 2022 quarter marked the lowest point at 7.81, with a price of $36.46 and an EPS of $4.67.
Oge Energy PE ratio by year
Maximum annual increase: 73.26% in 2018
Maximum annual decrease: -46.34% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 16.79 | 41.33% |
| 2022 | 11.88 | 13.9% |
| 2021 | 10.43 | N/A |
| 2020 | N/A | N/A |
| 2019 | 20.49 | 11.36% |
| 2018 | 18.4 | 73.26% |
| 2017 | 10.62 | -46.34% |
| 2016 | 19.79 | 2.38% |
| 2015 | 19.33 | 8.41% |
| 2014 | 17.83 | 3.06% |
OGE average PE ratio chart
Currently, OGE's PE ratio is higher than its 3, 5 and 10-year averages.
OGE PE vs peers
In comparison to its peers EIX and NRG, OGE's PE ratio is lower, but it is higher than DUK's and PCG's. Oge Energy's current PE ratio of 22.7 is higher than the average of its peers, which is 20.24.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AVA Avista Corp | 15.63 | $3.12B |
| PCG PG&E Corp | 16.48 | $55.6B |
| ETR Entergy Corp | 18.46 | $32.7B |
| AEP American Electric Power Co Inc | 19.67 | $52.28B |
| D Dominion Energy Inc | 20.89 | $49.3B |
| DUK Duke Energy CORP | 21.22 | $89.16B |
| CNP Centerpoint Energy Inc | 21.25 | $20.91B |
| OGE Oge Energy Corp | 22.85 | $8.86B |
| NRG Nrg Energy Inc | 23.54 | $19.36B |
| EIX Edison International | 25.62 | $33.92B |
Frequently asked questions
What is Oge Energy's PE ratio?
The price to earnings ratio for OGE stock as of Nov 21, 2024, stands at 22.7.
What is the 3-year average PE ratio for Oge Energy (OGE)?
As an average over the last 3 years, OGE stock has a PE ratio of 14.13.
What is the 5-year average PE ratio for Oge Energy (OGE)?
As an average over the last 5 years, OGE stock has a PE ratio of 14.91.
What is the highest PE ratio for OGE?
The highest quarterly PE ratio in the last ten years has been 27.75 and it was in the Jun 2016 quarter.
How does the current PE ratio for OGE compare to its historical average?
OGE's current price to earnings ratio is 37% above its 10-year historical average.
How is OGE's PE ratio calculated (Oge Energy PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Nov 21, 2024), Oge Energy's share price is $43.81. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.93. Therefore, Oge Energy's PE ratio for today is 22.7. PE RATIO(22.7) = STOCK PRICE($43.81) / TTM EPS($1.93)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.