ALLETE, Inc.

ALLETE, Inc.verified

ALE

Price:

$64.5

Market Cap:

$3.73B

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 December 2024 (TTM) for ALLETE, Inc. (ALE) is 20.67

According to ALLETE, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 20.67. This represents a change of 1.10% compared to the average of 20.45 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 20.67 PE Ratio has changed 10.02% 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, greater than its 5-year, and greater 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 (14.48), greater than Black Hills Corporation (15.56), less than Montauk Renewables, Inc. (23.23), greater than Companhia Paranaense de Energia - COPEL (9.40), greater than NorthWestern Corporation (14.22), greater than The AES Corporation (9.68), greater than Otter Tail Corporation (10.32), greater than The AES Corporation (9.68), greater than Brookfield Infrastructure Partners L.P. (-229.82), greater than Unitil Corporation (18.42), greater than Companhia Energética de Minas Gerais (0.01), greater than E.ON SE (16.17),

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