What is ALLETE's Price/Sales Ratio?
- ALLETE's trailing twelve month (TTM) Price/Sales ratio is 2.48.
- ALLETE's annual Price/Sales ratio as of today is 2.44.
- ALLETE's quarterly Price/Sales ratio is 10.25.
What is the Price/Sales Ratio?
The Price/Sales ratio (P/S ratio) is a valuation metric that compares a company's stock price to its revenues. A lower P/S ratio may indicate that a stock is undervalued.
How is the Price/Sales Ratio calculated?
The Price/Sales ratio is calculated by dividing the company's market capitalization by its total sales or revenue. The formula is:
P/S Ratio = Market Capitalization / Total Sales (Revenue)
Related Metrics
Other important metrics to assess ALLETE's financial health include:
- P/E Ratio (Price to Earnings Ratio) - measures the company's current share price relative to its per-share earnings:
- Annual: 20.85
- Quarterly: 18.47
- TTM: 21.06
- P/B Ratio (Price to Book Ratio) - compares the company's market value to its book value:
- Annual: 1.31
- Quarterly: 1.31
- TTM: 1.33
- P/C Ratio (Price to Cash Flow Ratio) - compares the company's market value to its cash flow:
- Annual: 8.18
- Quarterly: 41.64
- TTM: 8.26
- PEG Ratio (Price/Earnings to Growth Ratio) - measures the company's valuation considering its earnings growth:
- Annual: -0.75
- Quarterly: 1.44
- TTM: -32.96
These metrics provide insights into ALLETE's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.
Annual Price/Sales Ratio
2.44
Quarterly Price/Sales Ratio
10.25
TTM Price/Sales Ratio
2.48
ALLETE Historical Price/Sales Ratio
Historical P/E Ratio
Historical P/B Ratio
Historical P/C Ratio
Historical PEG Ratio
ALLETE Historical Financial Metrics
The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Price/Sales Ratio | P/E Ratio | P/B Ratio | P/C Ratio | PEG Ratio |
|---|---|---|---|---|---|
| 2024 | 2.44 | 20.85 | 1.31 | 8.18 | -0.75 |
| 2023 | 1.86 | 14.18 | 1.25 | 5.99 | 0.17 |
| 2022 | 2.30 | 27.46 | 1.34 | 16.30 | -1.01 |
| 2021 | 2.45 | 20.55 | 1.44 | 13.19 | -5.31 |
| 2020 | 2.75 | 18.45 | 1.40 | 10.72 | -2.77 |
| 2019 | 3.38 | 22.57 | 1.88 | 16.79 | 3.64 |
| 2018 | 2.61 | 22.46 | 1.81 | 9.03 | 0.00 |
| 2017 | 2.66 | 21.94 | 1.83 | 9.38 | 2.88 |
| 2016 | 2.36 | 20.38 | 1.67 | 9.53 | 2.59 |
| 2015 | 1.65 | 17.40 | 1.35 | 7.22 | 50.63 |
Related Metrics
Explore detailed financial metrics and analysis for ALE.