First Time Loading...

ALLETE Inc
NYSE:ALE

Watchlist Manager
ALLETE Inc Logo
ALLETE Inc
NYSE:ALE
Watchlist
Price: 59.8 USD -0.27% Market Closed
Updated: Apr 24, 2024

P/E
Price to Earnings

13.9
Current
18
Median
15.7
Industry
Lower than median
Lower than industry value

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
13.9
=
Market Cap
3.4B
/
Net Income
247.1m
All Countries
Close

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
15.4
2-Years Forward
P/E
14.1
3-Years Forward
P/E
13.1

See Also

Discover More