The current P/E ratio for Otter Tail stock as of Jul 25, 2024 is 13.26. This is calculated based on the current EPS of $7.35 and the stock price of $97.44 per share. The PE ratio has increased by 12% from the past four quarters average of 11.8.
The average historical PE ratio of Otter Tail for the last ten years is 18.45. The current price-to-earnings ratio of 13.26 is 28% 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 18.15.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MDU Mdu Resources Group Inc | 11.57 | $5.54B |
| OTTR Otter Tail Corp | 13.67 | $4.2B |
| NWE Northwestern Corp | 16.49 | $3.26B |
| XEL Xcel Energy Inc | 17.23 | $31.87B |
| AEE Ameren Corp | 17.9 | $20.81B |
| LNT Alliant Energy Corp | 20.37 | $14.36B |
| MGEE Mge Energy Inc | 26.04 | $3.13B |
OTTR's price to earnings ratio is 13.26 as of Jul 25, 2024.
As an average over the last 3 years, OTTR stock has a PE ratio of 11.91.
As an average over the last 5 years, OTTR stock has a PE ratio of 15.14.
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 28% 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 (Jul 25, 2024), Otter Tail's stock price is $97.44. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $7.35. Therefore, Otter Tail's price to earnings ratio for today is 13.26. PE RATIO(13.26) = STOCK PRICE($97.44) / TTM EPS($7.35)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.