ONE Gas
OGS
#3089
Rank
C$5.35 B
Marketcap
$93.02
Share price
-1.66%
Change (1 day)
-8.08%
Change (1 year)

P/E ratio for ONE Gas (OGS)

P/E ratio as of September 2024 (TTM): 16.8

According to ONE Gas 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.8058. At the end of 2022 the company had a P/E ratio of 18.5.

P/E ratio history for ONE Gas from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202218.5-7.9%
202120.1-2.86%
202020.7-21.94%
201926.59.23%
201824.32.69%
201723.6-1.35%
201624.08.39%
201522.112.6%
201419.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
22.5 33.80%๐Ÿ‡บ๐Ÿ‡ธ USA
14.0-16.76%๐Ÿ‡บ๐Ÿ‡ธ USA
-164-1,075.36%๐Ÿ‡บ๐Ÿ‡ธ USA
21.7 28.89%๐Ÿ‡บ๐Ÿ‡ธ 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.