ORA Ormat Technologies PE ratio, current and historical analysis
The PE ratio for Ormat Technologies stock stands at 34.93 as of Feb 21, 2025. This results from the current EPS of $1.97 and stock price of $68.82. The current PE ratio is nearly equal to the average from the previous 4 quarters.
ORA PE ratio history
Over the last ten years, the average PE ratio of Ormat Technologies has been 40.12. The current 34.93 P/E ratio is 13% 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.
Ormat Technologies PE ratio by year
Maximum annual increase: 103.67% in 2016
Maximum annual decrease: -50.94% in 2023
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2023 | 36.26 | -50.94% | $75.79 | $2.09 |
| 2022 | 73.91 | 3.46% | $86.48 | $1.17 |
| 2021 | 71.44 | 31.35% | $79.3 | $1.11 |
| 2020 | 54.39 | 26.25% | $90.28 | $1.66 |
| 2019 | 43.08 | 58.97% | $74.52 | $1.73 |
| 2018 | 27.1 | 11.84% | $52.3 | $1.93 |
| 2017 | 24.23 | -19.13% | $63.96 | $2.64 |
| 2016 | 29.96 | 103.67% | $53.62 | $1.79 |
| 2015 | 14.71 | -35.6% | $36.47 | $2.48 |
| 2014 | 22.84 | -23.61% | $27.18 | $1.19 |
| 2013 | 29.9 | N/A | $27.21 | $0.91 |
| 2012 | N/A | N/A | $19.28 | -$4.69 |
| 2011 | N/A | N/A | $18.03 | -$0.95 |
| 2010 | 36.07 | 44.92% | $29.58 | $0.82 |
| 2009 | 24.89 | -22.68% | $37.84 | $1.52 |
Ormat Technologies PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2024 | 39.06 | 19.3% | $76.94 | $1.97 |
| Jun 2024 | 32.74 | 9.79% | $71.7 | $2.19 |
| Mar 2024 | 29.82 | -17.76% | $66.19 | $2.22 |
| Dec 2023 | 36.26 | -5.62% | $75.79 | $2.09 |
| Sep 2023 | 38.42 | -25.99% | $69.92 | $1.82 |
| Jun 2023 | 51.91 | -17.33% | $80.46 | $1.55 |
| Mar 2023 | 62.79 | -15.05% | $84.77 | $1.35 |
| Dec 2022 | 73.91 | 2.03% | $86.48 | $1.17 |
| Sep 2022 | 72.44 | 5.4% | $86.2 | $1.19 |
| Jun 2022 | 68.73 | -1.73% | $78.35 | $1.14 |
| Mar 2022 | 69.94 | -2.1% | $81.83 | $1.17 |
| Dec 2021 | 71.44 | 24.42% | $79.3 | $1.11 |
| Sep 2021 | 57.42 | -0.9% | $66.61 | $1.16 |
| Jun 2021 | 57.94 | 4.77% | $69.53 | $1.2 |
| Mar 2021 | 55.3 | 1.67% | $78.53 | $1.42 |
ORA average PE ratio chart
ORA's current P/E ratio is lower than the 3, 5 and 10-year averages.
ORA PE vs peers
ORA's PE ratio stands higher than its peer stocks NRG and EIX.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AES Aes Corp | 7.25 | $7.53B |
| EIX Edison International | 15.25 | $20.2B |
| NRG Nrg Energy Inc | 26.1 | $21.46B |
| ORA Ormat Technologies Inc | 34.93 | $4.16B |
Frequently asked questions
What is Ormat Technologies's PE ratio?
The price to earnings ratio for ORA stock is 34.93 as of Feb 21, 2025.
What is the 3-year average PE ratio for Ormat Technologies (ORA)?
The 3-year average price to earnings ratio for ORA stock is 52.37.
What is the 5-year average PE ratio for Ormat Technologies (ORA)?
The 5-year average price to earnings ratio for ORA stock is 52.25.
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 13% 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 (Feb 21, 2025), Ormat Technologies's stock price is $68.82. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.97. Therefore, Ormat Technologies's PE ratio for today is 34.93. PE RATIO(34.93) = STOCK PRICE($68.82) / TTM EPS($1.97)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.