OKE Oneok PE ratio, current and historical analysis

The PE ratio for Oneok stock stands at 19.17 as of Apr 1, 2025. This results from the current EPS of $5.19 and stock price of $99.5. The current PE ratio is nearly equal to the average from the previous 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 23.22. The current 19.17 PE ratio is 17% 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.

Today

19.34

Average

23.22

Median

21.08

Minimum

11.3

Maximum

41.12

Oneok PE ratio by year

Maximum annual increase: 97.3% in 2013

Maximum annual decrease: -53.14% in 2018

Year	PE ratio	PE change	Price	EPS
2024	19.34	51.21%	$100.4	$5.19
2023	12.79	-25.03%	$70.22	$5.49
2022	17.06	-2.46%	$65.7	$3.85
2021	17.49	-35.29%	$58.76	$3.36
2020	27.03	10.37%	$38.38	$1.42
2019	24.49	27.09%	$75.67	$3.09
2018	19.27	-53.14%	$53.95	$2.8
2017	41.12	19.6%	$53.45	$1.3
2016	34.38	63.09%	$57.41	$1.67
2015	21.08	-36.49%	$24.66	$1.17
2014	33.19	-31.14%	$49.79	$1.5
2013	48.2	97.3%	$62.18	$1.29
2012	24.43	-3.06%	$42.75	$1.75
2011	25.2	42.61%	$43.35	$1.72
2010	17.67	14.96%	$27.74	$1.57

Year	PE ratio	PE change	Price	EPS
Dec 2024	19.34	0.16%	$100.4	$5.19
Sep 2024	19.31	7.28%	$91.13	$4.72
Jun 2024	18	-4.81%	$81.55	$4.53
Mar 2024	18.91	47.85%	$80.17	$4.24
Dec 2023	12.79	10.07%	$70.22	$5.49
Sep 2023	11.62	2.2%	$63.43	$5.46
Jun 2023	11.37	-4.77%	$61.72	$5.43
Mar 2023	11.94	-30.01%	$63.54	$5.32
Dec 2022	17.06	20.23%	$65.7	$3.85
Sep 2022	14.19	-9.73%	$51.24	$3.61
Jun 2022	15.72	-25%	$55.5	$3.53
Mar 2022	20.96	19.84%	$70.63	$3.37
Dec 2021	17.49	-2.56%	$58.76	$3.36
Sep 2021	17.95	-1.59%	$57.99	$3.23
Jun 2021	18.24	-6.37%	$55.64	$3.05

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

15.48

5-year avg

17.45

10-year avg

23.22

15-year avg

25.39

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 WES's. Oneok's current PE ratio of 19.17 is above the average of its peers, which is 17.49.

Stock name	PE ratio	Market cap
WES Western Midstream Partners LP	10.3	$15.87B
UGI Ugi Corp	13.17	$7.24B
SRE Sempra Energy	16.41	$47.45B
OKE Oneok Inc	19.34	$62.66B
ATO Atmos Energy Corp	22.17	$24.64B
SWX Southwest Gas Holdings Inc	26.42	$5.26B
EQT EQT Corp	121.38	$32.63B
SE Sea Ltd	174.78	$78.06B
NFG National Fuel Gas Co	N/A	$7.25B

Frequently asked questions

What is Oneok's PE ratio?

As of Apr 1, 2025, OKE stock has a price to earnings ratio of 19.17.

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

The 3-year average PE ratio for OKE stock is 15.48.

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

The 5-year average PE ratio for OKE stock is 17.45.

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 17% 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 (Apr 1, 2025), Oneok's stock price is $99.5. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $5.19. Therefore, Oneok's P/E ratio for today is 19.17. PE RATIO(19.17) = STOCK PRICE($99.5) / TTM EPS($5.19)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.