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The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
OGE Energy Forward PE Ratio Related Terms
OGE Energy Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for OGE Energy's Forward PE 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 Forward PE Ratio Chart
OGE Energy Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
14.08
18.08
15.63
18.38
19.27
13.91
19.01
19.31
16.05
18.34
17.22
OGE Energy Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2020-06
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
14.08
15.34
17.45
17.39
18.08
18.73
17.76
17.15
15.63
15.31
17.21
17.18
18.38
20.08
19.84
19.80
19.27
13.93
13.72
12.82
13.91
14.33
15.53
16.86
19.01
20.33
17.54
18.12
19.31
18.32
17.51
15.22
16.05
15.46
16.67
17.64
18.34
19.20
18.43
18.32
17.22
19.84
FRA:OG5 vs IDA, PNW, TXNM: Forward PE Ratio Comparison
For the Utilities - Regulated Electric subindustry, OGE Energy's Forward PE Ratio, along with its competitors' market caps and Forward 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 Forward PE Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, OGE Energy's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where OGE Energy's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
OGE Energy (FRA:OG5) has a Forward PE Ratio of 19.93 as of Jul. 29, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on OGE Energy and its competitors. According to the industry distribution chart, OGE Energy ranks #209 out of 275 companies in the Utilities - Regulated industry, placing it in the top 76%.
Is OGE Energy's Forward PE Ratio too high?
OGE Energy's current Forward PE Ratio is 19.93. The Utilities - Regulated industry median Forward PE Ratio is 14.32. OGE Energy's value of 19.93 is 39.2% above this industry median. Based on the distribution chart, OGE Energy ranks #209 out of 275 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 Forward PE Ratio compare to IDA and PNW?
According to the Utilities - Regulated industry distribution chart, OGE Energy ranks #209 out of 275 companies for Forward PE Ratio. This places OGE Energy in the lower half of its industry. The industry median Forward PE Ratio is 14.32. OGE Energy's value of 19.93 is 39.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for an Utilities - Regulated company?
The median Forward PE Ratio among Utilities - Regulated companies is 14.32, based on 275 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. OGE Energy's current Forward PE Ratio of 19.93 is 39.2% 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on OGE Energy and its competitors. For the Utilities - Regulated industry, the median Forward PE Ratio is 14.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OGE Energy's current Forward PE Ratio is 19.93. 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 Forward PE Ratio of 19.93. 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 Forward PE Ratio is 19.93 and 39.2% above the Utilities - Regulated industry median of 14.32. 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 Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For OGE Energy (FRA:OG5), the current Forward PE Ratio is 19.93 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:
Forward PE Ratio: 19.93
GF Value™: €37.66 vs. price of €41.20 (9.4% above fair value)
Industry Position: 39.2% above the Utilities - Regulated median (#209 of 275)
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 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
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