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OKE Oneok PE ratio, current and historical analysis

The PE ratio for Oneok stock stands at 13.36 as of Feb 23, 2024. This results from the current EPS of $5.46 and stock price of $72.97. An increase of 2.8% has been seen in the P/E ratio compared to the average of 13.0 of the last 4 quarters.

OKE PE ratio history

How has OKE's PE ratio performed in the past

Over the last ten years, the average PE ratio of Oneok has been 26.31. The current 13.36 PE ratio is 49% below the historical average. Over the past ten years, OKE's PE ratio was at its highest in the Mar 2014 quarter at 49.79, with a price of $59.25 and an EPS of $1.19. The Mar 2020 quarter recorded the bottom point at 11.3, with a price of $21.81 and an EPS of $1.93.

Average
26.31
Median
23.52
Minimum
11.3
Maximum
49.79

Oneok PE ratio by year

Maximum annual increase: 97.3% in 2013

Maximum annual decrease: -53.14% in 2018

Year PE ratio Change
2022 17.06 -2.46%
2021 17.49 -35.29%
2020 27.03 10.37%
2019 24.49 27.09%
2018 19.27 -53.14%
2017 41.12 19.6%
2016 34.38 63.09%
2015 21.08 -36.49%
2014 33.19 -31.14%
2013 48.2 97.3%

OKE average PE ratio chart

What is the average PE ratio of OKE for the past years

Currently, OKE's PE ratio is below the 3, 5 and 10-year averages.

3-year avg
16
5-year avg
18.39
10-year avg
26.31
15-year avg
24.94

OKE PE vs peers

What is OKE's PE ratio compared to its peers

OKE's PE ratio is lower than its peer stocks SRE and SE, but it is greater than EQT's and WES's. Oneok's current PE ratio of 13.36 is comparable to the average of its peer group, which is 13.17.

Stock name PE ratio Market cap
EQT EQT Corp 8.12 $16.3B
NFG National Fuel Gas Co 10.22 $4.51B
WES Western Midstream Partners LP 12.94 $12.85B
OKE Oneok Inc 13.36 $42.51B
SRE Sempra Energy 16.58 $45.29B
ATO Atmos Energy Corp 18.01 $17.01B
SE Sea Ltd 36.6 $25.4B
UGI Ugi Corp N/A $5.06B
SWX Southwest Gas Holdings Inc N/A $4.52B

Frequently asked questions

What is Oneok's PE ratio?

As of Feb 23, 2024, OKE stock has a price to earnings ratio of 13.36.

What is the 3-year average PE ratio for Oneok (OKE)?

The 3-year average PE ratio for OKE stock is 16.0.

What is the 5-year average PE ratio for Oneok (OKE)?

The 5-year average PE ratio for OKE stock is 18.39.

What is the highest PE ratio for OKE?

Over the last ten years, the quarterly PE ratio reached a historic high of 49.79 in the Mar 2014 quarter.

How does the current PE ratio for OKE compare to its historical average?

OKE's price to earnings ratio is currently 49% below its 10-year historical average.

How is OKE's PE ratio calculated (Oneok PE ratio formula)?

You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Feb 23, 2024), Oneok's stock price is $72.97. The earnings per share for the trailing twelve months (TTM) ending Sep 2023 is $5.46. Therefore, Oneok's P/E ratio for today is 13.36. PE RATIO(13.36) = STOCK PRICE($72.97) / TTM EPS($5.46)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.