Price-to-Earnings (P/E) Ratio Summary
ALLETE's P/E ratios across different time periods:
- TTM: 21.06
- Annual: 20.85
- Quarterly: 18.47
What is P/E Ratio?
The Price-to-Earnings (P/E) ratio is a valuation metric that compares a company's stock price to its earnings per share (EPS). It indicates how much investors are willing to pay for each dollar of company earnings.
Related Metrics
- Price-to-Book (P/B) Ratio: 1.31
- Price-to-Sales (P/S) Ratio: 2.44
Annual Ratios
ALLETE Historical P/E Ratio
Historical P/B Ratio
Historical P/S Ratio
TTM P/E Ratio
21.06
P/B Ratio (Annual)
1.31
P/S Ratio (Annual)
2.44
ALLETE Historical Valuation Metrics
The table below shows various valuation metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | P/E Ratio | P/B Ratio | P/S Ratio |
|---|---|---|---|
| 2024 | 20.85 | 1.31 | 2.44 |
| 2023 | 14.18 | 1.25 | 1.86 |
| 2022 | 27.46 | 1.34 | 2.30 |
| 2021 | 20.55 | 1.44 | 2.45 |
| 2020 | 18.45 | 1.40 | 2.75 |
| 2019 | 22.57 | 1.88 | 3.38 |
| 2018 | 22.46 | 1.81 | 2.61 |
| 2017 | 21.94 | 1.83 | 2.66 |
| 2016 | 20.38 | 1.67 | 2.36 |
| 2015 | 17.40 | 1.35 | 1.65 |
| 2014 | 18.95 | 1.47 | 2.08 |
| 2013 | 18.91 | 1.47 | 1.94 |
| 2012 | 15.87 | 1.28 | 1.60 |
| 2011 | 15.80 | 1.37 | 1.60 |
| 2010 | 16.92 | 1.31 | 1.40 |
Related Metrics
Explore detailed financial metrics and analysis for ALE.