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ORA Ormat Technologies PE ratio, current and historical analysis

The PE ratio for Ormat Technologies stock stands at 30.83 as of Feb 23, 2024. This results from the current EPS of $2.09 and stock price of $64.43. A decrease of 35% has been recorded in the PE ratio compared to the average of 47.3 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 38.81. The current 30.83 P/E ratio is 21% 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
38.81
Median
37.11
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
59.71
5-year avg
53.16
10-year avg
38.81
15-year avg
39.46

ORA PE vs peers

What is ORA's PE ratio compared to its peers

ORA's PE ratio stands higher than its peer stock EIX.

Stock name PE ratio Market cap
EIX Edison International 21.53 $25.83B
ORA Ormat Technologies Inc 30.4 $3.84B
AES Aes Corp N/A $10.39B
NRG Nrg Energy Inc N/A $11.8B

Frequently asked questions

What is Ormat Technologies's PE ratio?

The price to earnings ratio for ORA stock is 30.83 as of Feb 23, 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 59.71.

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

The 5-year average price to earnings ratio for ORA stock is 53.16.

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 21% 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 23, 2024), Ormat Technologies's stock price is $64.43. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $2.09. Therefore, Ormat Technologies's PE ratio for today is 30.83. PE RATIO(30.83) = STOCK PRICE($64.43) / TTM EPS($2.09)

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