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OGE EnergyFRA:OG5 -1.90%77 PB Ratio is 1.98 as of Jul. 29, 2026, which is 6% above its 10-year median of 1.86. 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 500 Utilities - Regulated companies, OGE Energy ranks worse than 70.8% on this metric.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-29), OGE Energy's share price is €41.20. OGE Energy's Book Value per Share for the quarter that ended in Jun. 2026 was €20.81. Hence, OGE Energy's PB Ratio of today is 1.98.
Warning Sign:
OGE Energy Corp stock PB Ratio (=2.06) is close to 10-year high of 2.27.
The historical rank and industry rank for OGE Energy's PB Ratio or its related term are showing as below:
FRA:OG5'
s PB Ratio Range Over the Past 10 Years
Min: 1.24 Med: 1.86 Max: 2.27
Current: 2.06
During the past 13 years, OGE Energy's highest PB Ratio was 2.27. The lowest was 1.24. And the median was 1.86.
FRA:OG5's PB Ratio is ranked worse than 70.8% of 500
companies
in the Utilities - Regulated industry
Industry Median: 1.44
vs FRA:OG5: 2.06
During the past 12 months, OGE Energy's average Book Value Per Share Growth Rate was 4.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of OGE Energy was 10.00% per year. The lowest was -2.00% per year. And the median was 5.80% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
OGE Energy PB Ratio Related Terms
OGE Energy PB Ratio Historical Data
* Premium members only.
The historical data trend for OGE Energy's PB 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.
For the Utilities - Regulated Electric subindustry, OGE Energy's PB Ratio, along with its competitors' market caps and PB 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 PB Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, OGE Energy's PB Ratio distribution charts can be found below:
* The bar in red indicates where OGE Energy's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
OGE Energy's PB Ratio for today is calculated as follows:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
OGE Energy (FRA:OG5) has a PB Ratio of 1.98 as of Jul. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on OGE Energy and its competitors. This is near median its historical median of 1.86. Over the past decade, OGE Energy's PB Ratio has ranged from 1.24 to 2.27. According to the industry distribution chart, OGE Energy ranks #354 out of 500 companies in the Utilities - Regulated industry, placing it in the top 70.8%.
Is OGE Energy's PB Ratio too high?
OGE Energy's current PB Ratio of 1.98 is near median its 10-year median of 1.86. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 2.27. The Utilities - Regulated industry median PB Ratio is 1.44. OGE Energy's value of 1.98 is 37.5% above this industry median. Based on the distribution chart, OGE Energy ranks #354 out of 500 companies in the Utilities - Regulated industry, which is below the industry midpoint. 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 PB Ratio compare to IDA and PNW?
According to the Utilities - Regulated industry distribution chart, OGE Energy ranks #354 out of 500 companies for PB Ratio. This places OGE Energy in the lower half of its industry. The industry median PB Ratio is 1.44. OGE Energy's value of 1.98 is 37.5% above this benchmark. Historically, OGE Energy's own PB Ratio has ranged from 1.24 to 2.27 over the past decade. While the company's 10-year median is 1.86 vs. the industry median of 1.44, 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 PB Ratio for an Utilities - Regulated company?
The median PB Ratio among Utilities - Regulated companies is 1.44, based on 500 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. OGE Energy's current PB Ratio of 1.98 is 37.5% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on OGE Energy and its competitors. For the Utilities - Regulated industry, the median PB Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OGE Energy's current PB Ratio is 1.98, which is near median its own 10-year median of 1.86. 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 PB Ratio of 1.98. 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 PB Ratio is 1.98, which is near median its 10-year median of 1.86 and 37.5% above the Utilities - Regulated industry median of 1.44. 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 PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For OGE Energy (FRA:OG5), the current PB Ratio is 1.98 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:
PB Ratio: 1.98 (near median its 10-year median of 1.86)
GF Value™: €37.66 vs. price of €41.20 (9.4% above fair value)
Industry Position: 37.5% above the Utilities - Regulated median (#354 of 500)
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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