P/E ratio for ONE Gas (OGS)
P/E ratio as of May 2023 (TTM): 19.7
According to ONE Gas 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.6873. At the end of 2021 the company had a P/E ratio of 20.1.
P/E ratio history for ONE Gas from 2014 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 20.1 | |
| 2019 | 26.5 | 9.23% |
| 2018 | 24.3 | 2.69% |
| 2017 | 23.6 | -1.35% |
| 2016 | 24.0 | 8.39% |
| 2015 | 22.1 | 12.6% |
| 2014 | 19.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Atmos Energy ATO | 19.5 | -1.00% | 🇺🇸 USA |
 CenterPoint Energy
CNP | 16.5 | -16.32% | 🇺🇸 USA |
 RGC Resources RGCO | -147 | -847.07% | 🇺🇸 USA |
 NW Natural
NWN | 15.4 | -21.80% | 🇺🇸 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.