The PE ratio for Oneok stock stands at 14.82 as of Apr 25, 2024. This results from the current EPS of $5.49 and stock price of $81.38. An increase of 24% has been seen in the P/E ratio compared to the average of 11.9 of the last 4 quarters.
Over the last ten years, the average PE ratio of Oneok has been 25.36. The current 14.82 PE ratio is 42% below the historical average. Over the past ten years, OKE's PE ratio was at its highest in the Jun 2014 quarter at 46, with a price of $68.08 and an EPS of $1.48. The Mar 2020 quarter recorded the bottom point at 11.3, with a price of $21.81 and an EPS of $1.93.
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% |
Currently, OKE's PE ratio is below the 3, 5 and 10-year averages.
OKE's PE ratio is lower than its peer stocks SRE and SE, but it is greater than WES's and NFG's. Oneok's current PE ratio of 14.82 is below the average of its peers, which is 17.23.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NFG National Fuel Gas Co | 11.46 | $5.06B |
| WES Western Midstream Partners LP | 13.75 | $13.65B |
| OKE Oneok Inc | 14.82 | $47.46B |
| SRE Sempra Energy | 14.96 | $45.5B |
| ATO Atmos Energy Corp | 18.88 | $17.82B |
| EQT EQT Corp | 27.12 | $17.84B |
| SWX Southwest Gas Holdings Inc | 35.66 | $5.44B |
| SE Sea Ltd | 232.7 | $35.78B |
| UGI Ugi Corp | N/A | $5.39B |
As of Apr 25, 2024, OKE stock has a price to earnings ratio of 14.82.
The 3-year average PE ratio for OKE stock is 15.39.
The 5-year average PE ratio for OKE stock is 17.82.
Over the last ten years, the quarterly PE ratio reached a historic high of 46 in the Jun 2014 quarter.
OKE's price to earnings ratio is currently 42% below its 10-year historical average.
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Apr 25, 2024), Oneok's stock price is $81.38. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $5.49. Therefore, Oneok's P/E ratio for today is 14.82. PE RATIO(14.82) = STOCK PRICE($81.38) / TTM EPS($5.49)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.