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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/E
Price to Earnings

The Price to Earnings (P/E) ratio is a valuation multiple that compares a company’s market capitalization to its net income. It indicates the dollar amount an investor can expect to invest in a company in order to receive $1 of that company’s earnings.

P/E
=
Market Cap
/
Net Income
Current P/E
ALE
17.1
Median P/E
ALE
19.5
Industry P/E
Utilities
15.5

P/E History

Statistics
Price to Earnings

1 Year 3 Years 5 Years
Average 19.8 18.7 19.1
Median 19.7 19.5 19.5
Min 16.9 14.3 14.3
Max 21.6 21.9 23.8

History Chart
Price to Earnings

P/E Forward Multiples

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

1-Year Forward
P/E
14.7
2-Years Forward
P/E
14
3-Years Forward
P/E
13.4

P/E Across Competitors

ALE Competitors
ALLETE Inc Competitors

Country Company Market Cap P/E
US
ALLETE Inc
NYSE:ALE
3.1B USD 17.1
US
Nextera Energy Inc
NYSE:NEE
153B USD 105.1
US
Duke Energy Corp
NYSE:DUK
81.1B USD 21.5
US
Southern Co
NYSE:SO
74.8B USD 32.4
ES
Iberdrola SA
OTC:IBDSF
68.1B USD 16.4
IT
Enel SpA
OTC:ENLAY
57.7B USD 10.4

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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