The PE ratio for Oneok stock stands at 19.2 as of Jul 25, 2024. This results from the current EPS of $4.24 and stock price of $81.4. An increase of 40% has been seen in the P/E ratio compared to the average of 13.7 of the last 4 quarters.
Over the last ten years, the average PE ratio of Oneok has been 24.67. The current 19.2 PE ratio is 22% 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.
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 above the 3 and 5-year historical averages, but it is below the 10-year average.
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 19.2 is above the average of its peers, which is 18.23.
| Stock name | PE ratio | Market cap |
|---|---|---|
| WES Western Midstream Partners LP | 11.18 | $15.15B |
| NFG National Fuel Gas Co | 11.42 | $5.32B |
| SRE Sempra Energy | 17.3 | $49.71B |
| ATO Atmos Energy Corp | 19.03 | $19.03B |
| OKE Oneok Inc | 19.34 | $47.87B |
| EQT EQT Corp | 20.3 | $15.15B |
| SWX Southwest Gas Holdings Inc | 28.2 | $5.44B |
| SE Sea Ltd | 933.43 | $37.4B |
| UGI Ugi Corp | N/A | $5.17B |
As of Jul 25, 2024, OKE stock has a price to earnings ratio of 19.2.
The 3-year average PE ratio for OKE stock is 15.45.
The 5-year average PE ratio for OKE stock is 17.63.
Over the last ten years, the quarterly PE ratio reached a historic high of 43.99 in the Sep 2014 quarter.
OKE's price to earnings ratio is currently 22% 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 (Jul 25, 2024), Oneok's stock price is $81.4. 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 19.2. PE RATIO(19.2) = STOCK PRICE($81.4) / TTM EPS($4.24)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.