OGE Energy
OGE
#1929
Rank
HK$64.76 B
Marketcap
HK$322.30
Share price
0.53%
Change (1 day)
17.98%
Change (1 year)

P/E ratio for OGE Energy (OGE)

P/E ratio as of December 2024 (TTM): 19.9

According to OGE Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.8565. 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
202211.913.57%
202110.5-128.56%
2020-36.6-278.7%
201920.511.38%
201818.473.31%
201710.6-46.36%
201619.82.39%
201519.38.42%
201417.82.56%
201317.411.14%
201215.6-3.74%
201116.27.76%
201015.1117.87%
20096.92-32.88%
200810.3-24.41%
200713.6-2.11%
200613.921.74%
200511.4-24.86%
200415.2-1.12%
200315.41.55%
200215.2-14.68%
200117.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
25.5 28.44%๐Ÿ‡บ๐Ÿ‡ธ USA
21.2 6.69%๐Ÿ‡บ๐Ÿ‡ธ USA
19.8-0.43%๐Ÿ‡บ๐Ÿ‡ธ USA
76.7 286.47%๐Ÿ‡บ๐Ÿ‡ธ USA
10.9-45.00%๐Ÿ‡บ๐Ÿ‡ธ USA
-12.1-160.85%๐Ÿ‡บ๐Ÿ‡ธ USA
24.9 25.53%๐Ÿ‡บ๐Ÿ‡ธ USA
22.2 11.77%๐Ÿ‡บ๐Ÿ‡ธ USA
16.5-16.84%๐Ÿ‡บ๐Ÿ‡ธ USA
19.3-2.81%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.