EIX vs. OGE: Which Stock Is the Better Value Option?

Core Viewpoint - Edison International (EIX) is currently viewed as a superior value opportunity compared to OGE Energy (OGE) based on various valuation metrics [1] Valuation Metrics - EIX has a forward P/E ratio of 9.59, significantly lower than OGE's forward P/E of 19.70 [5] - EIX's PEG ratio is 0.88, indicating better value relative to its expected earnings growth compared to OGE's PEG ratio of 2.82 [5] - EIX's P/B ratio stands at 1.27, while OGE's P/B ratio is higher at 1.88, further supporting EIX's valuation advantage [6] Earnings Outlook - Both EIX and OGE hold a Zacks Rank of 2 (Buy), indicating an improving earnings outlook due to positive analyst estimate revisions [3]