As of Apr 1, 2025, the Allete stock's P/E ratio is 20.94. This takes into account the latest EPS of $3.11 and stock price of $65.13. The PE ratio has increased by 17% from its last 4 quarters average of 18.0.
The PE ratio of Allete has averaged 19.48 over the last ten years. The current price-to-earnings ratio of 20.94 is 7% more than the historical average. Analyzing the last ten years, ALE's PE ratio reached its highest point in the Sep 2018 quarter at 24.92, when the price was $75.01 and the EPS was $3.01. The lowest point was recorded in the Sep 2023 quarter, when it reached 12.22 with a price of $52.8 and an EPS of $4.32.
Maximum annual increase: 46.86% in 2024
Maximum annual decrease: -25.67% in 2023
Year | PE ratio | PE change | Price | EPS |
---|---|---|---|---|
2024 | 20.84 | 46.86% | $64.8 | $3.11 |
2023 | 14.19 | -25.67% | $61.16 | $4.31 |
2022 | 19.09 | -7.06% | $64.51 | $3.38 |
2021 | 20.54 | 5.44% | $66.35 | $3.23 |
2020 | 19.48 | -13.84% | $61.94 | $3.18 |
2019 | 22.61 | 0.58% | $81.17 | $3.59 |
2018 | 22.48 | 2.46% | $76.22 | $3.39 |
2017 | 21.94 | 7.65% | $74.36 | $3.39 |
2016 | 20.38 | 17.06% | $64.19 | $3.15 |
2015 | 17.41 | -8.13% | $50.83 | $2.92 |
2014 | 18.95 | 0.32% | $55.14 | $2.91 |
2013 | 18.89 | 19.41% | $49.88 | $2.64 |
2012 | 15.82 | 0.25% | $40.98 | $2.59 |
2011 | 15.78 | -6.85% | $41.98 | $2.66 |
2010 | 16.94 | -2.02% | $37.26 | $2.2 |
Year | PE ratio | PE change | Price | EPS |
---|---|---|---|---|
Dec 2024 | 20.84 | 1.61% | $64.8 | $3.11 |
Sep 2024 | 20.51 | 26.68% | $64.19 | $3.13 |
Jun 2024 | 16.19 | 13.45% | $62.35 | $3.85 |
Mar 2024 | 14.27 | 0.56% | $59.64 | $4.18 |
Dec 2023 | 14.19 | 16.12% | $61.16 | $4.31 |
Sep 2023 | 12.22 | -28.12% | $52.8 | $4.32 |
Jun 2023 | 17 | -16.01% | $57.97 | $3.41 |
Mar 2023 | 20.24 | 6.02% | $64.37 | $3.18 |
Dec 2022 | 19.09 | 40.37% | $64.51 | $3.38 |
Sep 2022 | 13.6 | -16.26% | $50.05 | $3.68 |
Jun 2022 | 16.24 | -15.64% | $58.78 | $3.62 |
Mar 2022 | 19.25 | -6.28% | $66.98 | $3.48 |
Dec 2021 | 20.54 | -4.06% | $66.35 | $3.23 |
Sep 2021 | 21.41 | -7.32% | $59.52 | $2.78 |
Jun 2021 | 23.1 | -0.65% | $69.98 | $3.03 |
Currently, ALE's PE ratio is above its 3, 5 and 10-year averages.
ALE's PE ratio is less than its peer stocks NEE and DUK, but it is above EXC's and XEL's. Allete's current PE ratio of 20.94 is in line with the average of its peers, which is 20.84.
Stock name | PE ratio | Market cap |
---|---|---|
NWE Northwestern Corp | 15.99 | $3.59B |
EXC Exelon Corp | 18.74 | $46.16B |
XEL Xcel Energy Inc | 20.56 | $40.61B |
ALE Allete Inc | 20.94 | $3.77B |
NEE Nextera Energy Inc | 20.98 | $145.88B |
DUK Duke Energy CORP | 21.2 | $94.01B |
WEC Wec Energy Group Inc | 22.54 | $34.6B |
AEE Ameren Corp | 22.72 | $27.17B |
LNT Alliant Energy Corp | 23.95 | $16.54B |
The price to earnings ratio for ALE stock is 20.94 as of Apr 1, 2025.
Over the last 3 years, the average PE ratio for ALE stock is 16.76.
Over the last 5 years, the average PE ratio for ALE stock is 18.08.
The highest quarterly PE ratio in the last ten years has been 24.92 and it was in the Sep 2018 quarter.
ALE's price to earnings ratio is currently 7% above its 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 (Apr 1, 2025), Allete's share price is $65.13. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $3.11. Therefore, Allete's price to earnings ratio for today is 20.94. PE RATIO(20.94) = STOCK PRICE($65.13) / TTM EPS($3.11)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.