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
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.
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.
Average
20.43
Median
20.46
Minimum
14.18
Maximum
27.46
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
Year | PE Ratio | Change |
---|---|---|
2023 | 14.18 | -48.36% |
2022 | 27.46 | 33.66% |
2021 | 20.55 | 11.35% |
2020 | 18.45 | -18.22% |
2019 | 22.57 | 0.48% |
2018 | 22.46 | 2.38% |
2017 | 21.94 | 7.65% |
2016 | 20.38 | 17.11% |
2015 | 17.40 | -8.20% |
2014 | 18.95 | 0.22% |
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.’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),
Company | PE Ratio | Market cap |
---|---|---|
14.48 | $2.87B | |
15.56 | $4.15B | |
23.23 | $537.63M | |
9.40 | $4.18B | |
14.22 | $3.23B | |
9.68 | $11.23B | |
10.32 | $3.14B | |
9.68 | $9.24B | |
-229.82 | $14.47B | |
18.42 | $870.66M | |
0.01 | $5.92B | |
16.17 | $30.48B |
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