ONE Gas (OGS) - P/B ratio

P/B ratio as of January 2026 : 1.45

According to ONE Gas 's latest financial reports the company has a price-to-book ratio of 1.94529.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

ONE Gas - P/B ratio (from 2014 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	1.46	15.34%
2024-12-31	1.27	-0.64%
2023-12-31	1.28	-19.46%
2022-12-31	1.59	-10.36%
2021-12-31	1.77	-3.04%
2020-12-31	1.83	-21.29%
2019-12-31	2.32	13.21%
2018-12-31	2.05	4.85%
2017-12-31	1.95	10.4%
2016-12-31	1.77	24.3%
2015-12-31	1.42	18.97%
2014-12-31	1.20
2013-12-31	N/A
2012-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Atmos Energy ATO	2.00	38.09%	🇺🇸 USA
NW Natural NWN	1.34	-7.55%	🇺🇸 USA
RGC Resources RGCO	1.90	30.94%	🇺🇸 USA
CenterPoint Energy CNP	2.24	54.78%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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