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ORA Ormat Technologies PE ratio, current and historical analysis

The PE ratio for Ormat Technologies stock stands at 33.88 as of Jul 22, 2024. This results from the current EPS of $2.22 and stock price of $75.21. A decrease of 13% has been recorded in the PE ratio compared to the average of 39.1 of the last four quarters.

ORA PE ratio history

How has ORA's PE ratio performed in the past

Over the last ten years, the average PE ratio of Ormat Technologies has been 39.42. The current 33.88 P/E ratio is 14% lower than the historical average. In the past ten years, ORA's PE ratio peaked in the Dec 2022 quarter at 73.91, with a price of $86.48 and an EPS of $1.17. The Jun 2016 quarter marked the lowest point at 14.44, with a price of $43.76 and an EPS of $3.03.

Average
39.42
Median
37.31
Minimum
14.44
Maximum
73.91

Ormat Technologies PE ratio by year

Maximum annual increase: 103.67% in 2016

Maximum annual decrease: -50.94% in 2023

Year PE ratio Change
2023 36.26 -50.94%
2022 73.91 3.46%
2021 71.44 31.35%
2020 54.39 26.25%
2019 43.08 58.97%
2018 27.1 11.84%
2017 24.23 -19.13%
2016 29.96 103.67%
2015 14.71 -35.6%
2014 22.84 -23.61%

ORA average PE ratio chart

What is the average PE ratio of ORA for the past years

ORA's current P/E ratio is lower than the 3, 5 and 10-year averages.

3-year avg
57.55
5-year avg
52.87
10-year avg
39.42
15-year avg
39.62

ORA PE vs peers

What is ORA's PE ratio compared to its peers

ORA's PE ratio stands higher than its peer stocks EIX and NRG.

Stock name PE ratio Market cap
NRG Nrg Energy Inc 10.95 $16.12B
AES Aes Corp 23.38 $12.63B
EIX Edison International 33.11 $28.91B
ORA Ormat Technologies Inc 34.21 $4.59B

Frequently asked questions

What is Ormat Technologies's PE ratio?

The price to earnings ratio for ORA stock is 33.88 as of Jul 22, 2024.

What is the 3-year average PE ratio for Ormat Technologies (ORA)?

The 3-year average price to earnings ratio for ORA stock is 57.55.

What is the 5-year average PE ratio for Ormat Technologies (ORA)?

The 5-year average price to earnings ratio for ORA stock is 52.87.

What is the highest PE ratio for ORA?

Over the last ten years, the quarterly PE ratio reached a historic high of 73.91 in the Dec 2022 quarter.

How does the current PE ratio for ORA compare to its historical average?

ORA's price to earnings ratio is currently 14% below its 10-year historical average.

How is ORA's PE ratio calculated (Ormat Technologies PE ratio formula)?

You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jul 22, 2024), Ormat Technologies's stock price is $75.21. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.22. Therefore, Ormat Technologies's PE ratio for today is 33.88. PE RATIO(33.88) = STOCK PRICE($75.21) / TTM EPS($2.22)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.