OGE Energy (FRA:OG5) E10: €2.23 (As of Mar. 2026)

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FRA:OG5 OGE Energy Corp FRA:OG5
77 GF Score
Price €41.20
GF Value €37.66
! 11 Warning Signs
View Full Analysis

What is OGE Energy E10?

OGE Energy FRA:OG5 -1.90% 77 E10 is €2.23 as of Mar. 2026. 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.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

OGE Energy's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.208. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.23 for the trailing ten years ended in Mar. 2026.

During the past 12 months, OGE Energy's average E10 Growth Rate was 5.30% per year. During the past 3 years, the average E10 Growth Rate was 2.20% per year. During the past 5 years, the average E10 Growth Rate was 5.90% per year. During the past 10 years, the average E10 Growth Rate was 4.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of OGE Energy was 9.40% per year. The lowest was -0.70% per year. And the median was 3.80% per year.

As of today (2026-07-29), OGE Energy's current stock price is €41.20. OGE Energy's E10 for the quarter that ended in Mar. 2026 was €2.23. OGE Energy's Shiller PE Ratio of today is 18.48.

During the past 13 years, the highest Shiller PE Ratio of OGE Energy was 22.27. The lowest was 12.36. And the median was 17.84.


OGE Energy  (FRA:OG5) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

OGE Energy's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=41.20/2.23
=18.48

* 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.

During the past 13 years, the highest Shiller P/E Ratio of OGE Energy was 22.27. The lowest was 12.36. And the median was 17.84.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


OGE Energy E10 Related Terms


OGE Energy E10 Historical Data

* Premium members only.

The historical data trend for OGE Energy's E10 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 E10 Chart

OGE Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.85 2.25 2.15 2.31 2.15

OGE Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 2.25 2.08 2.13 2.15 2.23

FRA:OG5 vs IDA, PNW, TXNM: E10 Comparison

For the Utilities - Regulated Electric subindustry, OGE Energy's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Utilities - Regulated Industry

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

* The bar in red indicates where OGE Energy's Shiller PE Ratio falls into.


FRA:OG5
77GF Score
OGE Energy Corp FRA:OG5
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OGE Energy E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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.

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

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.208/330.2130*330.2130
=0.208

Current CPI (Mar. 2026) = 330.2130.

OGE Energy Quarterly Data

per share eps CPI Adj_EPS
201606 0.312 241.018 0.427
201609 0.820 241.428 1.122
201612 0.275 241.432 0.376
201703 0.168 243.801 0.228
201706 0.463 244.955 0.624
201709 0.772 246.819 1.033
201712 1.251 246.524 1.676
201803 0.219 249.554 0.290
201806 0.471 251.989 0.617
201809 0.874 252.439 1.143
201812 0.237 251.233 0.312
201903 0.212 254.202 0.275
201906 0.443 256.143 0.571
201909 1.135 256.759 1.460
201912 0.162 256.974 0.208
202003 -2.226 258.115 -2.848
202006 0.382 257.797 0.489
202009 0.756 260.280 0.959
202012 0.222 260.474 0.281
202103 0.218 264.877 0.272
202106 0.465 271.696 0.565
202109 1.071 274.310 1.289
202112 1.407 278.802 1.666
202203 1.262 287.504 1.449
202206 0.341 296.311 0.380
202209 1.323 296.808 1.472
202212 0.236 296.797 0.263
202303 0.177 301.836 0.194
202306 0.406 305.109 0.439
202309 1.124 307.789 1.206
202312 0.220 306.746 0.237
202403 0.083 312.332 0.088
202406 0.474 314.175 0.498
202409 0.982 315.301 1.028
202412 0.478 315.605 0.500
202503 0.287 319.799 0.296
202506 0.460 322.561 0.471
202509 0.971 324.800 0.987
202512 0.282 324.054 0.287
202603 0.208 330.213 0.208

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of €2.23 mean?
OGE Energy (FRA:OG5) has a E10 of €2.23 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on OGE Energy and its competitors.
Is OGE Energy's E10 too high?
OGE Energy's current E10 is €2.23. 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 E10 compare to IDA and PNW?
OGE Energy's E10 of €2.23 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for an Utilities - Regulated company?
A good E10 depends on the Utilities - Regulated industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on OGE Energy and its competitors. OGE Energy's current E10 is €2.23. 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 E10 of €2.23. 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 E10 is €2.23. 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 E10 calculated?
E10 is calculated from a company's financial statements. For OGE Energy (FRA:OG5), the current E10 is €2.23 as of Mar. 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:

  • E10: €2.23
  • GF Value™: €37.66 vs. price of €41.20 (9.4% above fair value)
  • GF Score™: 77/100 with 11 warning signs

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

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€41.20
Price
€37.66
GF Value