OKE Oneok PE ratio, current and historical analysis
The PE ratio for Oneok stock stands at 21.49 as of Oct 22, 2024. This results from the current EPS of $4.53 and stock price of $97.37. An increase of 40% has been seen in the P/E ratio compared to the average of 15.3 of the last 4 quarters.
OKE PE ratio history
Over the last ten years, the average PE ratio of Oneok has been 24.0. The current 21.49 PE ratio is 10% below the historical average. Over the past ten years, OKE's PE ratio was at its highest in the Dec 2017 quarter at 41.12, with a price of $53.45 and an EPS of $1.3. The Mar 2020 quarter recorded the bottom point at 11.3, with a price of $21.81 and an EPS of $1.93.
Oneok PE ratio by year
Maximum annual increase: 63.09% in 2016
Maximum annual decrease: -53.14% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 12.79 | -25.03% |
| 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% |
OKE average PE ratio chart
Currently, OKE's PE ratio is above the 3 and 5-year historical averages, but it is below the 10-year average.
OKE PE vs peers
OKE's PE ratio is lower than its peer stock SWX, but it is greater than SRE's and ATO's. Oneok's current PE ratio of 21.49 is above the average of its peers, which is 17.86.
| Stock name | PE ratio | Market cap |
|---|---|---|
| UGI Ugi Corp | 7.77 | $5.34B |
| WES Western Midstream Partners LP | 9.86 | $14.59B |
| NFG National Fuel Gas Co | 18.14 | $5.75B |
| SRE Sempra Energy | 18.25 | $54.42B |
| ATO Atmos Energy Corp | 21.14 | $22.22B |
| OKE Oneok Inc | 21.36 | $56.52B |
| EQT EQT Corp | 21.42 | $15.99B |
| SWX Southwest Gas Holdings Inc | 29.13 | $5.33B |
| SE Sea Ltd | N/A | $56.84B |
Frequently asked questions
What is Oneok's PE ratio?
As of Oct 22, 2024, OKE stock has a price to earnings ratio of 21.49.
What is the 3-year average PE ratio for Oneok (OKE)?
The 3-year average PE ratio for OKE stock is 15.46.
What is the 5-year average PE ratio for Oneok (OKE)?
The 5-year average PE ratio for OKE stock is 17.3.
What is the highest PE ratio for OKE?
Over the last ten years, the quarterly PE ratio reached a historic high of 41.12 in the Dec 2017 quarter.
How does the current PE ratio for OKE compare to its historical average?
OKE's price to earnings ratio is currently 10% 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 (Oct 22, 2024), Oneok's stock price is $97.37. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $4.53. Therefore, Oneok's P/E ratio for today is 21.49. PE RATIO(21.49) = STOCK PRICE($97.37) / TTM EPS($4.53)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.