ORA
Ormat Technologies
PE ratio, current and historical analysis
The PE ratio for Ormat Technologies stock stands at 61.99 as of Jun 22, 2026. This results from the current EPS of $2.09 and stock price of $129.55. An increase of 31% has been recorded in the PE ratio compared to the average of 47.4 of the last four quarters.
ORA PE ratio history
Over the last ten years, the average PE ratio of Ormat Technologies has been 42.43. The current 61.99 P/E ratio is 46% higher 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 |
|---|---|---|---|---|
| 2025 | 54.15 | 63.94% | $110.47 | $2.04 |
| 2024 | 33.03 | -8.91% | $67.72 | $2.05 |
| 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 |
Ormat Technologies PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 53.55 | -1.11% | $111.92 | $2.09 |
| Dec 2025 | 54.15 | 24.34% | $110.47 | $2.04 |
| Sep 2025 | 43.55 | 13.35% | $96.25 | $2.21 |
| Jun 2025 | 38.42 | 13.47% | $83.76 | $2.18 |
| Mar 2025 | 33.86 | 2.51% | $70.77 | $2.09 |
| Dec 2024 | 33.03 | -15.44% | $67.72 | $2.05 |
| 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 |
ORA Price vs fair value
ORA average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
ORA's current P/E ratio is above the 3, 5 and 10-year averages.
PE comparison
With a P/E of 61.99, ORA stands above the Utilities sector and the industry average. In comparison with its Utilities sector average of 19.66, Ormat Technologies's P/E is 215% higher.
ORA PE vs peers
ORA's PE ratio stands lower than its peer stock NRG, but it is higher than EIX's and AES's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AES Aes Corp | 7.86 | $10.48B |
| EIX Edison International | 7.89 | $28.04B |
| ORA Ormat Technologies Inc | 60.12 | $7.72B |
| NRG Nrg Energy Inc | 156.49 | $29.05B |
Frequently asked questions
What is Ormat Technologies's PE ratio?
The price to earnings ratio for ORA stock is 61.99 as of Jun 22, 2026.
What is the 3-year average PE ratio for Ormat Technologies (ORA)?
The 3-year average price to earnings ratio for ORA stock is 40.4.
What is the 5-year average PE ratio for Ormat Technologies (ORA)?
The 5-year average price to earnings ratio for ORA stock is 50.97.
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 46% above 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 (Jun 22, 2026), Ormat Technologies's stock price is $129.55. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $2.09. Therefore, Ormat Technologies's PE ratio for today is 61.99. PE RATIO(61.99) = STOCK PRICE($129.55) / TTM EPS($2.09)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.