Oneok Inc Stock Price To Earning
O1KE34 Stock | BRL 327.28 57.66 21.39% |
ONEOK Inc fundamentals help investors to digest information that contributes to ONEOK's financial success or failures. It also enables traders to predict the movement of ONEOK Stock. The fundamental analysis module provides a way to measure ONEOK's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ONEOK stock.
ONEOK |
ONEOK Inc Company Price To Earning Analysis
ONEOK's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current ONEOK Price To Earning | 13.04 X |
Most of ONEOK's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ONEOK Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Competition |
Based on the latest financial disclosure, ONEOK Inc has a Price To Earning of 13.04 times. This is 62.12% lower than that of the Energy sector and 41.16% lower than that of the Oil & Gas Midstream industry. The price to earning for all Brazil stocks is 54.6% higher than that of the company.
ONEOK Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ONEOK's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ONEOK could also be used in its relative valuation, which is a method of valuing ONEOK by comparing valuation metrics of similar companies.ONEOK is currently under evaluation in price to earning category among its peers.
ONEOK Fundamentals
Return On Equity | 0.27 | |||
Return On Asset | 0.0693 | |||
Profit Margin | 0.07 % | |||
Operating Margin | 0.12 % | |||
Current Valuation | 232.14 B | |||
Shares Outstanding | 893.91 M | |||
Price To Earning | 13.04 X | |||
Price To Book | 4.57 X | |||
Price To Sales | 6.79 X | |||
Revenue | 16.54 B | |||
Gross Profit | 4.28 B | |||
EBITDA | 3.34 B | |||
Net Income | 1.5 B | |||
Cash And Equivalents | 374.38 M | |||
Cash Per Share | 0.84 X | |||
Total Debt | 12.75 B | |||
Debt To Equity | 2.44 % | |||
Current Ratio | 0.93 X | |||
Book Value Per Share | 14.12 X | |||
Cash Flow From Operations | 2.55 B | |||
Earnings Per Share | 9.55 X | |||
Price To Earnings To Growth | 1.47 X | |||
Number Of Employees | 2.85 K | |||
Beta | 1.62 | |||
Market Capitalization | 164.28 B | |||
Total Asset | 23.62 B | |||
Z Score | 7.2 | |||
Annual Yield | 0.06 % | |||
Net Asset | 23.62 B | |||
Last Dividend Paid | 3.74 |
About ONEOK Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ONEOK Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ONEOK using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ONEOK Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in ONEOK Stock
When determining whether ONEOK Inc is a strong investment it is important to analyze ONEOK's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ONEOK's future performance. For an informed investment choice regarding ONEOK Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ONEOK Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.