P/E ratio for ONE Gas (OGS)
P/E ratio as of April 2025 (TTM): 19.1
According to ONE Gas 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.0558. At the end of 2022 the company had a P/E ratio of 18.5.
P/E ratio history for ONE Gas from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 18.5 | -7.9% |
| 2021 | 20.1 | -2.86% |
| 2020 | 20.7 | -21.94% |
| 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 |
|---|---|---|---|
 | 27.3 | 43.23% | 🇺🇸 USA |
 | 15.5 | -18.45% | 🇺🇸 USA |
 | -173 | -1,009.61% | 🇺🇸 USA |
 | 29.8 | 56.61% | 🇺🇸 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.