As of 2025-06-23, the Relative Valuation of ALLETE Inc (ALE) is 50.28 USD. This relative valuation is based on P/E multiples. With the latest stock price at 63.53 USD, the upside of ALLETE Inc based on Relative Valuation is -20.9%.
The range of the Relative Valuation is 29.84 - 68.83 USD.
| Range | Selected | |
| Trailing P/E multiples | 19.2x - 21.6x | 20.2x |
| Forward P/E multiples | 17.3x - 25.2x | 21.1x |
| Fair Price | 29.84 - 68.83 | 50.28 |
| Upside | -53.0% - 8.3% | -20.9% |
| Date | P/E |
| 2025-06-20 | 19.94 |
| 2025-06-18 | 20.09 |
| 2025-06-17 | 20.18 |
| 2025-06-16 | 20.28 |
| 2025-06-13 | 20.32 |
| 2025-06-12 | 20.45 |
| 2025-06-11 | 20.44 |
| 2025-06-10 | 20.49 |
| 2025-06-09 | 20.48 |
| 2025-06-06 | 20.48 |
| 2025-06-05 | 20.44 |
| 2025-06-04 | 20.45 |
| 2025-06-03 | 20.49 |
| 2025-06-02 | 20.49 |
| 2025-05-30 | 20.41 |
| 2025-05-29 | 20.38 |
| 2025-05-28 | 20.40 |
| 2025-05-27 | 20.49 |
| 2025-05-23 | 20.39 |
| 2025-05-22 | 20.38 |
| 2025-05-21 | 20.40 |
| 2025-05-20 | 20.47 |
| 2025-05-19 | 20.44 |
| 2025-05-16 | 20.44 |
| 2025-05-15 | 20.42 |
| 2025-05-14 | 20.62 |
| 2025-05-13 | 20.62 |
| 2025-05-12 | 20.58 |
| 2025-05-09 | 20.54 |
| 2025-05-08 | 20.55 |
| 2025-05-07 | 20.61 |
| 2025-05-06 | 20.55 |
| 2025-05-05 | 20.55 |
| 2025-05-02 | 20.54 |
| 2025-05-01 | 20.48 |
| 2025-04-30 | 20.55 |
| 2025-04-29 | 20.48 |
| 2025-04-28 | 20.48 |
| 2025-04-25 | 20.46 |
| 2025-04-24 | 20.49 |
| 2025-04-23 | 20.43 |
| 2025-04-22 | 20.46 |
| 2025-04-21 | 20.32 |
| 2025-04-17 | 20.32 |
| 2025-04-16 | 20.34 |
| 2025-04-15 | 20.39 |
| 2025-04-14 | 20.42 |
| 2025-04-11 | 20.25 |
| 2025-04-10 | 20.28 |
| 2025-04-09 | 20.44 |