OGE Energy (FRA:OG5) Cyclically Adjusted PS Ratio: 2.97 (As of Jul. 29, 2026) — 25% Above Median

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FRA:OG5 OGE Energy Corp FRA:OG5
77 GF Score
Price €41.20
GF Value €37.66
! 11 Warning Signs
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What is OGE Energy Cyclically Adjusted PS Ratio?

OGE Energy FRA:OG5 -1.90% 77 Cyclically Adjusted PS Ratio is 2.97 as of Jul. 29, 2026, which is 25% above its 10-year median of 2.38. GuruFocus rates FRA:OG5 with a GF Score™ of 77/100 and a GF Value™ of €37.66. The stock has 11 warning signs investors should review. Among 441 Utilities - Regulated companies, OGE Energy ranks worse than 76.19% on this metric.

As of today (2026-07-29), OGE Energy's current share price is €41.20. OGE Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €13.87. OGE Energy's Cyclically Adjusted PS Ratio for today is 2.97.

The historical rank and industry rank for OGE Energy's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:OG5' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.66   Med: 2.38   Max: 3.11
Current: 3.05

During the past years, OGE Energy's highest Cyclically Adjusted PS Ratio was 3.11. The lowest was 1.66. And the median was 2.38.

FRA:OG5's Cyclically Adjusted PS Ratio is ranked worse than
76.19% of 441 companies
in the Utilities - Regulated industry
Industry Median: 1.45 vs FRA:OG5: 3.05

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

OGE Energy's adjusted revenue per share data for the three months ended in Mar. 2026 was €3.142. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €13.87 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


OGE Energy  (FRA:OG5) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


OGE Energy Cyclically Adjusted PS Ratio Related Terms


OGE Energy Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for OGE Energy's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

OGE Energy Cyclically Adjusted PS Ratio Chart

OGE Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.60 2.63 2.33 2.70 2.70

OGE Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.96 2.84 2.93 2.70 2.97

FRA:OG5 vs IDA, PNW, TXNM: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Electric subindustry, OGE Energy's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


OGE Energy Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, OGE Energy's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where OGE Energy's Cyclically Adjusted PS Ratio falls into.


FRA:OG5
77GF Score
OGE Energy Corp FRA:OG5
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OGE Energy Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

OGE Energy's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=41.20/13.87
=2.97

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

OGE Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, OGE Energy's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=3.142/330.2130*330.2130
=3.142

Current CPI (Mar. 2026) = 330.2130.

OGE Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.456 241.018 3.365
201609 3.316 241.428 4.535
201612 2.513 241.432 3.437
201703 2.132 243.801 2.888
201706 2.611 244.955 3.520
201709 3.005 246.819 4.020
201712 2.121 246.524 2.841
201803 1.996 249.554 2.641
201806 2.421 251.989 3.173
201809 2.985 252.439 3.905
201812 2.240 251.233 2.944
201903 2.163 254.202 2.810
201906 2.266 256.143 2.921
201909 3.416 256.759 4.393
201912 2.116 256.974 2.719
202003 1.950 258.115 2.495
202006 2.230 257.797 2.856
202009 2.974 260.280 3.773
202012 1.994 260.474 2.528
202103 6.845 264.877 8.533
202106 2.391 271.696 2.906
202109 3.666 274.310 4.413
202112 2.568 278.802 3.042
202203 2.667 287.504 3.063
202206 3.788 296.311 4.221
202209 6.389 296.808 7.108
202212 3.342 296.797 3.718
202303 2.592 301.836 2.836
202306 2.781 305.109 3.010
202309 4.407 307.789 4.728
202312 2.587 306.746 2.785
202403 2.737 312.332 2.894
202406 3.056 314.175 3.212
202409 4.317 315.301 4.521
202412 3.603 315.605 3.770
202503 3.426 319.799 3.538
202506 3.181 322.561 3.256
202509 4.405 324.800 4.478
202512 3.038 324.054 3.096
202603 3.142 330.213 3.142

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PS Ratio of 2.97 mean?
OGE Energy (FRA:OG5) has a Cyclically Adjusted PS Ratio of 2.97 as of Jul. 29, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on OGE Energy and its competitors. This is 25% above median its historical median of 2.38. Over the past decade, OGE Energy's Cyclically Adjusted PS Ratio has ranged from 1.66 to 3.11. According to the industry distribution chart, OGE Energy ranks #336 out of 441 companies in the Utilities - Regulated industry, placing it in the top 76.2%.
Is OGE Energy's Cyclically Adjusted PS Ratio too high?
OGE Energy's current Cyclically Adjusted PS Ratio of 2.97 is 25% above median its 10-year median of 2.38. Over the past 10 years, this metric has ranged from a low of 1.66 to a high of 3.11. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.45. OGE Energy's value of 2.97 is 104.8% above this industry median. Based on the distribution chart, OGE Energy ranks #336 out of 441 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, OGE Energy has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does OGE Energy's Cyclically Adjusted PS Ratio compare to IDA and PNW?
According to the Utilities - Regulated industry distribution chart, OGE Energy ranks #336 out of 441 companies for Cyclically Adjusted PS Ratio. This places OGE Energy in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.45. OGE Energy's value of 2.97 is 104.8% above this benchmark. Historically, OGE Energy's own Cyclically Adjusted PS Ratio has ranged from 1.66 to 3.11 over the past decade. While the company's 10-year median is 2.38 vs. the industry median of 1.45, OGE Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for an Utilities - Regulated company?
The median Cyclically Adjusted PS Ratio among Utilities - Regulated companies is 1.45, based on 441 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. OGE Energy's current Cyclically Adjusted PS Ratio of 2.97 is 104.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on OGE Energy and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PS Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OGE Energy's current Cyclically Adjusted PS Ratio is 2.97, which is 25% above median its own 10-year median of 2.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OGE Energy stock overvalued right now?
OGE Energy (FRA:OG5) has a current Cyclically Adjusted PS Ratio of 2.97. The stock's GF Value™ is €37.66, compared to a current price of €41.20 — trading 9.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.97, which is 25% above median its 10-year median of 2.38 and 104.8% above the Utilities - Regulated industry median of 1.45. OGE Energy's overall GF Score™ is 77/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For OGE Energy (FRA:OG5), the current Cyclically Adjusted PS Ratio is 2.97 as of Jul. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is OGE Energy (FRA:OG5) Overvalued in 2026?

Based on GuruFocus' analysis, OGE Energy stock appears to be overvalued. The current stock price of €41.20 is trading 9.4% above its estimated GF Value™ of €37.66.

Key valuation signals for FRA:OG5:

  • Cyclically Adjusted PS Ratio: 2.97 (25% above median its 10-year median of 2.38)
  • GF Value™: €37.66 vs. price of €41.20 (9.4% above fair value)
  • GF Score™: 77/100 with 11 warning signs
  • Industry Position: 104.8% above the Utilities - Regulated median (#336 of 441)

No single metric tells the full story. See the FRA:OG5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


OGE Energy Business Description

Other Exchanges OGE:USAOG5:Germany
Address 321 North Harvey, P.O. Box 321, Oklahoma, OK, USA, 73101-0321
OGE Energy is a holding company for Oklahoma Gas & Electric, a regulated utility with electricity generation, transmission, and distribution service for 900,000 customers in Oklahoma and western Arkansas. In December 2021, OGE divested its 25.5% stake in Enable Midstream Partners, an oil and gas services company it created in 2013 through a unit exchange merger with Energy Transfer. OGE sold its 95.4 million limited partner units of Energy Transfer throughout 2022. OGE sold its retail gas business in 1928 and no longer has any gas operations.
77GF Score

Get the complete analysis for FRA:OG5

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€41.20
Price
€37.66
GF Value