P/E ratio for OGE Energy (OGE)
P/E ratio as of June 2023 (TTM): 17.2
According to OGE Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.2311. At the end of 2021 the company had a P/E ratio of 10.5.
P/E ratio history for OGE Energy from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 American Electric Power AEP | 18.7 | 8.49% | 🇺🇸 USA |
 CenterPoint Energy
CNP | 16.9 | -1.68% | 🇺🇸 USA |
 Dominion Energy D | 36.2 | 110.06% | 🇺🇸 USA |
 Edison International
EIX | 51.6 | 199.21% | 🇺🇸 USA |
 NRG Energy
NRG | 8.93 | -48.15% | 🇺🇸 USA |
 Nextera Energy NEE | 22.3 | 29.40% | 🇺🇸 USA |
 Duke Energy DUK | 18.3 | 5.94% | 🇺🇸 USA |
 Entergy ETR | 18.4 | 6.52% | 🇺🇸 USA |
 Pacific Gas and Electric
PCG | 18.1 | 4.96% | 🇺🇸 USA |
 Avista
AVA | 23.3 | 35.15% | 🇺🇸 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.