P/E ratio for OGE Energy (OGE)
P/E ratio as of June 2024 (TTM): 17.0
According to OGE Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.9593. At the end of 2022 the company had a P/E ratio of 11.9.
P/E ratio history for OGE Energy from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.9 | 13.57% |
| 2021 | 10.5 | -128.56% |
| 2020 | -36.6 | -278.7% |
| 2019 | 20.5 | 11.38% |
| 2018 | 18.4 | 73.31% |
| 2017 | 10.6 | -46.36% |
| 2016 | 19.8 | 2.39% |
| 2015 | 19.3 | 8.42% |
| 2014 | 17.8 | 2.56% |
| 2013 | 17.4 | 11.14% |
| 2012 | 15.6 | -3.74% |
| 2011 | 16.2 | 7.76% |
| 2010 | 15.1 | 117.87% |
| 2009 | 6.92 | -32.88% |
| 2008 | 10.3 | -24.41% |
| 2007 | 13.6 | -2.11% |
| 2006 | 13.9 | 21.74% |
| 2005 | 11.4 | -24.86% |
| 2004 | 15.2 | -1.12% |
| 2003 | 15.4 | 1.55% |
| 2002 | 15.2 | -14.68% |
| 2001 | 17.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 American Electric Power AEP | 20.4 | 20.08% | 🇺🇸 USA |
 CenterPoint Energy
CNP | 23.8 | 40.28% | 🇺🇸 USA |
 Dominion Energy D | 19.1 | 12.50% | 🇺🇸 USA |
 Edison International
EIX | 23.1 | 36.13% | 🇺🇸 USA |
 NRG Energy
NRG | -10.1 | -159.85% | 🇺🇸 USA |
 Nextera Energy NEE | 20.3 | 19.65% | 🇺🇸 USA |
 Duke Energy DUK | 72.3 | 326.44% | 🇺🇸 USA |
 Entergy ETR | 15.7 | -7.42% | 🇺🇸 USA |
 Pacific Gas and Electric
PCG | 20.0 | 17.76% | 🇺🇸 USA |
 Avista
AVA | 15.9 | -6.53% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.