P/E Ratio
Updated 224h ago
Sector Performance
25th percentileOKE
16.3x
Sector Median
24.7x
Sector Avg
36.0x
Deep Analysis
The P/E ratio of 16.2x means investors are paying $16.20 for every $1 of the company's annual earnings — a commonly used measure of how expensive a stock is relative to its profitability.
This is well below the sector median of 24.1x, placing the stock in the 25th percentile among peers, meaning it is cheaper than 75% of comparable companies. The year-over-year change is not available, but the ratio increased 2.2% quarter-over-quarter, from 15.9x to 16.2x. A low P/E can suggest undervaluation, but the recent uptick could indicate improving sentiment or moderating earnings, adding modest upside risk rather than a clear discount. This metric neither strongly supports nor contradicts the overall NEUTRAL verdict — the below-median valuation points to potential value, yet the slight upward move tempers that signal, leaving the stock fairly balanced.
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: VICI (9.1x), OMF (9.0x), JACK (8.5x), GIS (8.4x), FIS (8.4x).
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.
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16.3x
Sector Median
24.7x
Sector Avg
36.0x
How OKE's P/E Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.