OKENEUTRAL

OKE P/E Ratio Analysis

16.1x

Updated 225h ago·SEC filings & market data

Key Takeaway

The P/E ratio of 14.9x means investors pay $14.90 for every $1 of the company's annual earnings.

Sector Performance

27th percentile

OKE

16.1x

Sector Median

23.1x

Sector Avg

33.7x

Prior Period

15.8x(Aug 2026)

↓ Declining

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Deep Analysis

The P/E ratio of 14.9x means investors pay $14.90 for every $1 of the company's annual earnings.

That is below the sector median of 23.3x, placing OKE in the 22nd percentile among peers. The ratio has decreased 10.3% quarter over quarter, while the year-over-year change is not available; over the last eight quarters the trend direction is decreasing. A lower P/E can indicate cheaper value, but a continued decline may point to falling earnings or weaker growth prospects. This mix of below-average valuation and downward momentum suggests a balanced risk-opportunity profile rather than a clear buy or sell. Therefore, this metric supports the overall NEUTRAL verdict directly.

Frequently Asked Questions

What does the P/E Ratio tell investors about OKE?

Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.

How is the P/E Ratio calculated?

P/E Ratio is calculated as: Price / EPS.

Who are OKE's closest peers by P/E Ratio?

The closest peers by P/E Ratio include: WELL (102.4x), IAC (104.9x), FORM (108.1x), MCHP (113.5x), MTSI (118.9x).

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Learn More About P/E Ratio

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The Formula

Price / EPS

Why It Matters

Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.