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OGE Energy (STU:OG5) Cyclically Adjusted PS Ratio : 2.35 (As of May. 26, 2024)


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What is OGE Energy Cyclically Adjusted PS Ratio?

As of today (2024-05-26), OGE Energy's current share price is €32.60. OGE Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €13.90. OGE Energy's Cyclically Adjusted PS Ratio for today is 2.35.

The historical rank and industry rank for OGE Energy's Cyclically Adjusted PS Ratio or its related term are showing as below:

STU:OG5' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.26   Med: 2.14   Max: 3.01
Current: 2.35

During the past years, OGE Energy's highest Cyclically Adjusted PS Ratio was 3.01. The lowest was 1.26. And the median was 2.14.

STU:OG5's Cyclically Adjusted PS Ratio is ranked worse than
72.93% of 447 companies
in the Utilities - Regulated industry
Industry Median: 1.28 vs STU:OG5: 2.35

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

OGE Energy's adjusted revenue per share data for the three months ended in Mar. 2024 was €2.737. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €13.90 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


OGE Energy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for OGE Energy's Cyclically Adjusted PS 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.

* Premium members only.

OGE Energy Cyclically Adjusted PS Ratio Chart

OGE Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.91 2.22 2.60 2.63 2.33

OGE Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.51 2.40 2.21 2.33 2.26

Competitive Comparison of OGE Energy's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Electric subindustry, OGE Energy's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, OGE Energy's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where OGE Energy's Cyclically Adjusted PS Ratio falls into.



OGE Energy Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

OGE Energy's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=32.60/13.9
=2.35

* 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.

OGE Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, OGE Energy's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.737/131.7762*131.7762
=2.737

Current CPI (Mar. 2024) = 131.7762.

OGE Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.251 100.560 2.950
201409 2.925 100.428 3.838
201412 2.135 99.070 2.840
201503 2.224 99.621 2.942
201506 2.455 100.684 3.213
201509 3.212 100.392 4.216
201512 2.056 99.792 2.715
201603 1.948 100.470 2.555
201606 2.456 101.688 3.183
201609 3.316 101.861 4.290
201612 2.513 101.863 3.251
201703 2.132 102.862 2.731
201706 2.611 103.349 3.329
201709 3.005 104.136 3.803
201712 2.121 104.011 2.687
201803 1.996 105.290 2.498
201806 2.421 106.317 3.001
201809 2.985 106.507 3.693
201812 2.240 105.998 2.785
201903 2.163 107.251 2.658
201906 2.266 108.070 2.763
201909 3.416 108.329 4.155
201912 2.116 108.420 2.572
202003 1.950 108.902 2.360
202006 2.230 108.767 2.702
202009 2.974 109.815 3.569
202012 1.994 109.897 2.391
202103 6.845 111.754 8.071
202106 2.391 114.631 2.749
202109 3.666 115.734 4.174
202112 2.568 117.630 2.877
202203 2.667 121.301 2.897
202206 3.788 125.017 3.993
202209 6.389 125.227 6.723
202212 3.342 125.222 3.517
202303 2.592 127.348 2.682
202306 2.781 128.729 2.847
202309 4.407 129.860 4.472
202312 2.587 129.419 2.634
202403 2.737 131.776 2.737

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


OGE Energy  (STU:OG5) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


OGE Energy Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of OGE Energy's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


OGE Energy (STU:OG5) Business Description

Traded in Other Exchanges
Address
321 North Harvey, P.O. Box 321, Oklahoma, OK, USA, 73101-0321
OGE Energy is a holding company for Oklahoma Gas & Electric, a regulated utility with electricity generation, transmission, and distribution to 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 is retail gas business in 1928 and no longer has any gas operations.

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