P/E ratio for OGE Energy (OGE)

P/E ratio history for OGE Energy from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
CenterPoint Energy CNP	25.7	30.16%	🇺🇸 USA
American Electric Power AEP	21.2	7.61%	🇺🇸 USA
Dominion Energy D	19.6	-0.49%	🇺🇸 USA
Duke Energy DUK	76.1	285.56%	🇺🇸 USA
Entergy ETR	10.7	-45.70%	🇺🇸 USA
NRG Energy NRG	-11.8	-159.81%	🇺🇸 USA
Edison International EIX	24.6	24.39%	🇺🇸 USA
Pacific Gas and Electric PCG	21.8	10.20%	🇺🇸 USA
Avista AVA	16.3	-17.55%	🇺🇸 USA
Nextera Energy NEE	18.9	-4.39%	🇺🇸 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.