PB Ratio: 2.56

Basis: FMP quote market capitalization / matching reported stockholders equity. Source: stored company filings and market data; unavailable inputs remain N/A.

Is the P/B ratio high or low?

The P/B ratio of 2.56 is 25% below its estimated 5-year average of 3.42, near the low end of its estimated 5-year range (1.79–5.48).

As of 2026-09-18T00:05:49.515Z. 10.08% above its estimated 12-month average of 2.33.

OKE PB Ratio Metrics

P/B vs. estimated history

At 2.56, P/B is below its estimated 20-year median — higher than 34% of readings in its estimated 20-year history.

Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.

Book Value Analysis

PB Ratio Formula & Definition

PB Ratio = Market Cap / Total Shareholders' Equity

The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PB Ratio FAQ

What is the P/B ratio for ONEOK, Inc. (OKE)?

The P/B ratio for OKE stock is 2.56.

Is ONEOK, Inc.'s P/B ratio high or low?

The P/B ratio of 2.56 is 25% below its estimated 5-year average of 3.42, near the low end of its estimated 5-year range (1.79–5.48).

What is the estimated TTM average P/B ratio for ONEOK, Inc. (OKE)?

The estimated TTM average P/B ratio for OKE stock is 2.33.

What is the estimated 3Y average P/B ratio for ONEOK, Inc. (OKE)?

The estimated 3Y average P/B ratio for OKE stock is 2.70.

What is the estimated 5Y average P/B ratio for ONEOK, Inc. (OKE)?

The estimated 5Y average P/B ratio for OKE stock is 3.42.

What is the estimated 10Y average P/B ratio for ONEOK, Inc. (OKE)?

The estimated 10Y average P/B ratio for OKE stock is 3.52.

What is the estimated 15Y average P/B ratio for ONEOK, Inc. (OKE)?

The estimated 15Y average P/B ratio for OKE stock is 3.65.

What is the estimated 20Y average P/B ratio for ONEOK, Inc. (OKE)?

The estimated 20Y average P/B ratio for OKE stock is 3.17.

Showing the most recent 260 of 4,973 data points. The chart above shows the full history.

Related Metrics