Oneok (OKE) has a P/E ratio of 16.16, below the Energy sector average of 19.35.
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The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.
Oneok's p/e ratio stands at 16.16. That is below the Energy sector average of 19.35. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.
Oneok sits lower the Energy benchmark (19.35) with a P/E ratio of 16.16. That is roughly 16.5% below the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.
Whether 16.16 is attractive depends on Oneok's earnings outlook, competitive position, and how peers are valued. Investors typically ask: is growth accelerating, are margins stable, and is the multiple expanding or compressing over time? The history and comparison charts below are built for those checks.
The history chart shows how Oneok's P/E ratio evolved across reporting periods, while the comparison chart places OKE next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.
Yes — within Energy, P/E ratio is commonly used to spot outliers. Oneok's reading of 16.16 (sector avg 19.35) is a starting point; confirm whether differences come from growth, margins, accounting choices, or one-time items before treating an outlier as a buy or sell signal.