P/E ratio for Oneok (OKE)

P/E ratio history for Oneok from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Atmos Energy ATO	24.8	23.91%	🇺🇸 USA
Sempra Energy SRE	23.1	15.38%	🇺🇸 USA
National Fuel Gas NFG	11.7	-41.43%	🇺🇸 USA
Western Midstream WES	13.9	-30.31%	🇺🇸 USA
Sea (Garena) SE	212	961.10%	🇸🇬 Singapore
UGI Corporation UGI	-3.66	-118.29%	🇺🇸 USA
Southwest Gas SWX	-23.4	-216.80%	🇺🇸 USA
EQT Corporation EQT	5.27	-73.63%	🇺🇸 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.