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ALLETE Inc
NYSE:ALE

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ALLETE Inc
NYSE:ALE
Watchlist
Price: 58.82 USD 2.15% Market Closed
Updated: Mar 28, 2024

P/B
Price to Book Value

1.2
Current
1.3
Median
1.4
Industry
Lower than median
Lower than industry value

Price to Book Value (P/B) ratio is a valuation multiple that measures the market's valuation of a company relative to its book value. The P/B ratio is only considered useful in practice when applied to capital-intensive businesses.

P/B
1.2
=
Market Cap
3.4B
/
Book Value of Equity
2.8B
All Countries
Close

P/B Forward Multiples

Forward P/B multiple is a version of the P/B ratio that uses forecasted equity for the P/B calculation. 1-Year, 2-Years, and 3-Years forwards use equity forecasts for 1, 2, and 3 years ahead, respectively.

1-Year Forward
P/B
N/A
2-Years Forward
P/B
N/A
3-Years Forward
P/B
N/A

See Also

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