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ALLETE Inc (NYSE:ALE)

59.04 USD +1.29 USD ( +2.23% )
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ALLETE Inc
NYSE:ALE
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P/B
Price to Book Value

The 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
=
Market Cap
/
Book Value of Equity
Current P/B
ALE
1.3
Median P/B
ALE
1.4
Industry P/B
Utilities
1.6

P/B History

Statistics
Price to Book Value

1 Year 3 Years 5 Years
Average 1.4 1.4 1.5
Median 1.4 1.4 1.5
Min 1.3 1.1 1.1
Max 1.5 1.8 1.8

History Chart
Price to Book Value

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

P/B Across Competitors

ALE Competitors
ALLETE Inc Competitors

Country Company Market Cap P/B
US
ALLETE Inc
NYSE:ALE
3.1B USD 1.3
US
Nextera Energy Inc
NYSE:NEE
151B USD 4.2
US
Duke Energy Corp
NYSE:DUK
81.2B USD 1.6
US
Southern Co
NYSE:SO
74.8B USD 2.6
ES
Iberdrola SA
OTC:IBDSF
68.1B USD 1.3
IT
Enel SpA
OTC:ENLAY
58.8B USD 1.7

Relative Valuation Report

View full relative valuation report for ALLETE Inc, which takes into account all ALE`s valuation multiples.

See Also

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