The current P/E ratio for Otter Tail stock as of May 2, 2024 is 12.33. This is calculated based on the current EPS of $7.06 and the stock price of $87.05 per share. The PE ratio has increased by 6% from the past four quarters average of 11.6.
The average historical PE ratio of Otter Tail for the last ten years is 18.62. The current price-to-earnings ratio of 12.33 is 34% less than the historical average. In the past ten years, OTTR's PE ratio reached its highest point in the Sep 2019 quarter at 26.48, when the stock price was $53.75 and the EPS was $2.03. The lowest point was recorded in the Dec 2022 quarter, when it reached 8.6 with a price of $58.71 and an EPS of $6.83.
Maximum annual increase: 49.5% in 2016
Maximum annual decrease: -48.72% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 12.04 | 40% |
| 2022 | 8.6 | -48.72% |
| 2021 | 16.77 | -7.5% |
| 2020 | 18.13 | -22.59% |
| 2019 | 23.42 | -1.89% |
| 2018 | 23.87 | -1.2% |
| 2017 | 24.16 | -4.09% |
| 2016 | 25.19 | 49.5% |
| 2015 | 16.85 | -13.99% |
| 2014 | 19.59 | -6.98% |
OTTR's current P/E ratio is above the 3-year average, but it is lower than the 5 and 10-year averages.
When compared to its peers XEL and AEE, OTTR's PE ratio is lower, but it is higher than MDU's. Otter Tail's PE ratio is trading below the peer group average of 17.39.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MDU Mdu Resources Group Inc | 10.66 | $5.11B |
| OTTR Otter Tail Corp | 12.44 | $3.66B |
| NWE Northwestern Corp | 15.83 | $3.13B |
| XEL Xcel Energy Inc | 16.3 | $30.15B |
| AEE Ameren Corp | 16.88 | $19.73B |
| LNT Alliant Energy Corp | 18.3 | $13.03B |
| MGEE Mge Energy Inc | 24.58 | $2.89B |
OTTR's price to earnings ratio is 12.33 as of May 2, 2024.
As an average over the last 3 years, OTTR stock has a PE ratio of 12.29.
As an average over the last 5 years, OTTR stock has a PE ratio of 15.91.
In the last ten years, the Sep 2019 quarter recorded the highest quarterly PE ratio at 26.48.
The current price to earnings ratio of OTTR is 34% lower than the 10-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (May 2, 2024), Otter Tail's stock price is $87.05. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $7.06. Therefore, Otter Tail's price to earnings ratio for today is 12.33. PE RATIO(12.33) = STOCK PRICE($87.05) / TTM EPS($7.06)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.