ALLETE, Inc.

ALLETE, Inc.verified

ALE

Price:

$63.48

Market Cap:

$3.67B

ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, biomass co-fired / natural gas, hydroelectric, wind, and solar. The company provides regulated utility electric services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers, as well as regulated utility electric services in northeastern Minnesota to approximately 145,000 retail customers and 15 non-affiliated municipal customers. It also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illino...[Read more]

Industry

Diversified Utilities

IPO Date

1973-05-03

Stock Exchange

NYSE

Ticker

ALE

The PE Ratio as of September 2024 (TTM) for ALLETE, Inc. (ALE) is 16.53

According to ALLETE, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 16.53. This represents a change of -5.53% compared to the average of 17.50 of the last 4 quarters.

ALLETE, Inc. (ALE) Historical PE Ratio (quarterly & annually)

How has ALE PE Ratio performed in the past?

The mean historical PE Ratio of ALLETE, Inc. over the last ten years is 20.43. The current 16.53 PE Ratio has changed 7.99% with respect to the historical average. Over the past ten years (40 quarters), ALE's PE Ratio was at its highest in in the June 2022 quarter at 39.63. The PE Ratio was at its lowest in in the September 2023 quarter at 8.82.

Quarterly (TTM)
Annual

Average

20.43

Median

20.46

Minimum

14.18

Maximum

27.46

ALLETE, Inc. (ALE) PE Ratio by Quarter and Year

Discovering the peaks and valleys of ALLETE, Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 33.66%

Maximum Annual PE Ratio = 27.46

Minimum Annual Increase = -48.36%

Minimum Annual PE Ratio = 14.18

Quarterly (TTM)
Annual
YearPE RatioChange
202314.18-48.36%
202227.4633.66%
202120.5511.35%
202018.45-18.22%
201922.570.48%
201822.462.38%
201721.947.65%
201620.3817.11%
201517.40-8.20%
201418.950.22%

ALLETE, Inc. (ALE) Average PE Ratio

How has ALE PE Ratio performed in the past?

The current PE Ratio of ALLETE, Inc. (ALE) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

20.73

5-year avg

20.64

10-year avg

20.43

ALLETE, Inc. (ALE) PE Ratio vs. Peers

How is ALE’s PE Ratio compared to its peers?

ALLETE, Inc.’s PE Ratio is greater than Avista Corporation (15.58), greater than Black Hills Corporation (14.93), less than Montauk Renewables, Inc. (33.20), less than Companhia Paranaense de Energia - COPEL (59.03), greater than NorthWestern Corporation (15.88), greater than The AES Corporation (15.41), greater than Otter Tail Corporation (10.42), greater than The AES Corporation (15.41), less than Brookfield Infrastructure Partners L.P. (551.55), less than Unitil Corporation (19.39), greater than Companhia Energética de Minas Gerais (5.66), less than E.ON SE (19.46),

Build a custom stock screener for ALLETE, Inc. (ALE) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like ALLETE, Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

ALLETE, Inc. (ALE) and other stocks custom spreadsheet templates

The easiest way to analyze a company like ALLETE, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the PE Ratio?

How can you use the PE Ratio?

What is ALLETE, Inc.'s PE Ratio?

How is the PE Ratio calculated for ALLETE, Inc. (ALE)?

What is the highest PE Ratio for ALLETE, Inc. (ALE)?

What is the 3-year average PE Ratio for ALLETE, Inc. (ALE)?

What is the 5-year average PE Ratio for ALLETE, Inc. (ALE)?

How does the current PE Ratio for ALLETE, Inc. (ALE) compare to its historical average?