ONEOK, Inc.OKE

Where OKE's P/B sits inside its own 10-year distribution, with the yearly high, low and average.

$95.72-0.10 (-0.10%)Previous close
NYSEEnergy

OKE P/B: current value, 10-year range and year-by-year history

2.5Historically cheap

OKE's p/b is lower than 83% of the last 10 years.

P/B History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
OKE P/B historyOKE P/B from Sep 2023 to Jun 2026: low 1.72, high 4.26, latest 2.5.1.522.262.993.734.47Sep 23Mar 24Oct 24May 25Dec 25Jun 26med 2.47

OKE P/B by year

Yearly range of OKE’s p/b from 2016 to 2026. Over the full period it ranged from 1.0 to 5.5, averaging 3.5.

OKE P/B — yearly low, average, high and year-end values
YearLowAverageHighYear-end
20262.02.42.72.5
20251.82.32.92.1
20242.43.04.12.7
20231.73.64.92.0
20223.64.65.54.7
20212.84.05.04.4
20201.02.75.22.8
20193.44.55.15.0
20183.24.04.43.4
20171.93.13.93.7
20162.83.23.73.6

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How much the market pays relative to the company's accounting net worth (assets minus liabilities). P/B < 1 means the market values the company below what the books say it owns.

FormulaPrice / Book Value Per Share
Full guide
How to read this chart

Most useful for asset-heavy businesses: banks, insurers, REITs. A P/B near its historical low suggests the market is paying unusually little for the net assets.

Key caveats
  • Goodwill and intangibles from acquisitions can inflate book value significantly — some analysts prefer tangible book value.
  • Low P/B in technology or software companies is usually irrelevant: their value is in IP and people, not balance sheet assets.

Is OKE P/B High or Low Right Now?

ONEOK, Inc.'s P/B is currently 2.5, which is historically cheap relative to its 10-year historical range. The 10-year median P/B for OKE is approximately 3.6. See all OKE valuation metrics →

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