OGE Energy Corp. (OGE) P/E Ratio History
Historical price-to-earnings valuation from 1994 to 2026
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OGE Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 8, 2026, OGE Energy Corp. (OGE) trades at a price-to-earnings ratio of 20.4x, with a stock price of $47.31 and trailing twelve-month earnings per share of $2.21.
The current P/E is 29% above its 5-year average of 15.8x. Over the past five years, OGE's P/E has ranged from a low of 7.8x to a high of 21.3x, placing the current valuation at the 90th percentile of its historical range.
Compared to the Utilities sector median P/E of 19.5x, OGE is roughly in line with its sector peers. The sector includes 108 companies with P/E ratios ranging from 0.1x to 174.1x.
Relative to the broader market, OGE trades roughly in line with the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our OGE DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
OGE P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $19B | 22.6 | 3.70 | -3% | |
| $4B | 24.6 | - | -19% | |
| $3B | 17.2 | 3.74 | +4% | |
| $4B | 13.4Lowest | 0.59Best | -9% | |
| $8B | 24.3 | 5.17 | +7% | |
| $72B | 19.8 | 2.32 | +19%Best | |
| $50B | 23.5 | 5.66 | -1% | |
| $37B | 23.3 | 4.70 | +0% | |
| $30B | 20.1 | - | +4% | |
| $28B | 26.4 | - | +1% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
OGE Historical P/E Data (1994–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | $47.96 | $2.25 | 21.3x | +41% | |
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $42.70 | $2.32 | 18.4x | +22% |
| FY2025 Q3 | $46.27 | $2.49 | 18.6x | +23% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $44.38 | $2.44 | 18.2x | +20% |
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $45.96 | $2.42 | 19.0x | +26% |
| FY2024 Q4 | $41.25 | $2.20 | 18.7x | +24% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $41.02 | $1.93 | 21.2x | +41% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $35.70 | $2.04 | 17.5x | +16% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $34.30 | $1.97 | 17.4x | +15% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $34.93 | $2.07 | 16.9x | +12% |
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $33.33 | $2.08 | 16.0x | +6% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $35.91 | $2.19 | 16.4x | +9% |
Average P/E for displayed period: 15.1x
Full OGE Stock Analysis
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Start ComparisonOGE — Frequently Asked Questions
Quick answers to the most common questions about buying OGE stock.
Is OGE stock overvalued or undervalued?
OGE trades at 20.4x P/E, above its 5-year average of 15.8x. The 90th percentile ranking indicates a premium to historical valuation.
How does OGE's valuation compare to peers?
OGE Energy Corp. P/E of 20.4x compares to sector median of 19.5x. The premium reflects expected growth above peers.
What is OGE's PEG ratio?
OGE PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 1994-2026.