The PE ratio for Oge Energy stock stands at 16.26 as of Apr 26, 2024. The calculation is based on the latest EPS of $2.08 and the stock price of $33.82 per share. A decrease of 2.4% has been observed in the PE ratio compared to its average of 16.7 of the last four quarters.
Over the last ten years, the average PE ratio of Oge Energy has been 16.46. The current 16.26 P/E ratio is similar to 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.
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% |
Currently, OGE's PE ratio is higher than its 3 and 5-year averages, but it is lower than its 10-year average.
In comparison to its peers DUK and AEP, OGE's PE ratio is lower, but it is higher than PCG's and ETR's. Oge Energy's current PE ratio of 16.26 is lower than the average of its peers, which is 19.19.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ETR Entergy Corp | 9.62 | $22.85B |
| PCG PG&E Corp | 15.14 | $45.13B |
| AVA Avista Corp | 15.95 | $2.79B |
| OGE Oge Energy Corp | 16.64 | $6.94B |
| AEP American Electric Power Co Inc | 20.34 | $45.59B |
| CNP Centerpoint Energy Inc | 21.33 | $18.46B |
| D Dominion Energy Inc | 22.33 | $42.83B |
| EIX Edison International | 22.86 | $27.43B |
| DUK Duke Energy CORP | 27.89 | $76.1B |
| NRG Nrg Energy Inc | N/A | $15.38B |
The price to earnings ratio for OGE stock as of Apr 26, 2024, stands at 16.26.
As an average over the last 3 years, OGE stock has a PE ratio of 13.15.
As an average over the last 5 years, OGE stock has a PE ratio of 14.9.
The highest quarterly PE ratio in the last ten years has been 27.75 and it was in the Jun 2016 quarter.
OGE's current price to earnings ratio is 1.2% below its 10-year historical average.
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 (Apr 26, 2024), Oge Energy's share price is $33.82. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $2.08. Therefore, Oge Energy's PE ratio for today is 16.26. PE RATIO(16.26) = STOCK PRICE($33.82) / TTM EPS($2.08)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.