Is ONEOK, Inc. (OKE) Undervalued?
Based on the current stock price of $72.85 and a P/E ratio of 13.39,ONEOK, Inc. has a PEG ratio of 2.74.
The Short Answer:
Most analysts consider a PEG ratio below 1.0 to be undervalued. With a ratio of 2.74, OKE appears to be potentially overvalued relative to its growth rate of 4.89%.
Based on a PEG ratio of 1.27 (adjusted for dividends).
Compare OKE vs Competitors
Use the calculator below to see how OKE stacks up against other stocks in the same industry.
How we analyzed OKE
We calculated the PEG (Price/Earnings-to-Growth) ratio by taking the Price-to-Earnings Ratio of 13.39and dividing it by the annual growth rate of 4.89%.
PEG = 13.39 (P/E) ÷ 4.89 (Growth) = 2.74
Frequently Asked Questions about OKE
What is the current PEG Ratio for ONEOK, Inc. (OKE)?+
The current PEG Ratio for ONEOK, Inc. is 2.74. A PEG ratio below 1.0 generally suggests the stock may be undervalued relative to its growth.
Is OKE stock undervalued right now?+
Based on the PEG ratio of 2.74, ONEOK, Inc. appears to be potentially overvalued. Investors typically look for a PEG ratio below 1.0 to find undervalued growth stocks.
What is the PEGY Ratio for OKE?+
The PEGY ratio for ONEOK, Inc. is 1.27. This metric accounts for dividend yield (5.66%), providing a more complete valuation picture.