ONEOK, Inc. OKE

88.63 (2.55) (2.80%) as of 25 Sep
Market cap
$57.5B
P/E
15.3×
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ONEOK, Inc. (OKE) P/B ratio

As of 25 September 2026, ONEOK, Inc. (OKE) trades at a P/B ratio of 2.4×. Over the past ten years it has ranged from 1.0× (December 2015) to 5.5× (April 2022); the current reading is higher than 31% of that period. That is above the Oil & Gas Midstream industry median of 2.1× and above the Energy sector median of 1.5×.

P/B ratio, daily

Annual

Period P/B ratio Change
FY2025 2.0× (23.27%)
FY2024 2.7× 27.09%
FY2023 2.1× (52.64%)
FY2022 4.4× 1.04%
FY2021 4.4× 59.25%
FY2020 2.7× (45.52%)
FY2019 5.0× 48.97%
FY2018 3.4× 17.99%
FY2017 2.9× (20.95%)
FY2016 3.6× 162.84%

Quarterly

Period P/B ratio Change
Jun 2026 2.4× (6.25%)
Mar 2026 2.5× 24.81%
Dec 2025 2.0× (2.02%)
Sep 2025 2.1× (11.15%)
42 more quarters

Against its own ten years

Low 1.0× High 5.5×
Ten-year median 3.1×
Current reading's percentile 31

P/B ratio against peers

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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