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OKE Oneok PE ratio, current and historical analysis

The PE ratio for Oneok stock stands at 19.63 as of Jul 23, 2024. This results from the current EPS of $4.24 and stock price of $83.23. An increase of 44% has been seen in the P/E ratio compared to the average of 13.7 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 24.67. The current 19.63 PE ratio is 20% below the historical average. Over the past ten years, OKE's PE ratio was at its highest in the Sep 2014 quarter at 43.99, with a price of $65.55 and an EPS of $1.49. The Mar 2020 quarter recorded the bottom point at 11.3, with a price of $21.81 and an EPS of $1.93.

Average
24.67
Median
22.63
Minimum
11.3
Maximum
43.99

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

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

Currently, OKE's PE ratio is above the 3 and 5-year historical averages, but it is below the 10-year average.

3-year avg
15.45
5-year avg
17.63
10-year avg
24.67
15-year avg
25.16

OKE PE vs peers

What is OKE's PE ratio compared to its peers

OKE's PE ratio is lower than its peer stocks SE and EQT, but it is greater than SRE's and ATO's. Oneok's current PE ratio of 19.63 is above the average of its peers, which is 18.46.

Stock name PE ratio Market cap
NFG National Fuel Gas Co 11.31 $5.27B
WES Western Midstream Partners LP 11.82 $16.01B
SRE Sempra Energy 17.12 $49.19B
ATO Atmos Energy Corp 18.78 $18.79B
OKE Oneok Inc 19.63 $48.58B
EQT EQT Corp 23.52 $15.48B
SWX Southwest Gas Holdings Inc 28.2 $5.44B
SE Sea Ltd 956.86 $38.34B
UGI Ugi Corp N/A $5.08B

Frequently asked questions

What is Oneok's PE ratio?

As of Jul 23, 2024, OKE stock has a price to earnings ratio of 19.63.

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

The 3-year average PE ratio for OKE stock is 15.45.

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

The 5-year average PE ratio for OKE stock is 17.63.

What is the highest PE ratio for OKE?

Over the last ten years, the quarterly PE ratio reached a historic high of 43.99 in the Sep 2014 quarter.

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

OKE's price to earnings ratio is currently 20% 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 (Jul 23, 2024), Oneok's stock price is $83.23. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $4.24. Therefore, Oneok's P/E ratio for today is 19.63. PE RATIO(19.63) = STOCK PRICE($83.23) / TTM EPS($4.24)

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