As of 2025-12-15, the Relative Valuation of ALLETE Inc (ALE) is 47.92 USD. This relative valuation is based on P/E multiples. With the latest stock price at 67.90 USD, the upside of ALLETE Inc based on Relative Valuation is -29.4%.
The range of the Relative Valuation is 32.46 - 64.00 USD.
| Range | Selected | |
| Trailing P/E multiples | 20.0x - 22.4x | 21.6x |
| Forward P/E multiples | 18.3x - 21.7x | 19.3x |
| Fair Price | 32.46 - 64.00 | 47.92 |
| Upside | -52.2% - -5.7% | -29.4% |
| Date | P/E |
| 2025-12-12 | 23.81 |
| 2025-12-11 | 23.82 |
| 2025-12-10 | 23.74 |
| 2025-12-09 | 23.76 |
| 2025-12-08 | 23.66 |
| 2025-12-05 | 23.71 |
| 2025-12-04 | 23.70 |
| 2025-12-03 | 23.72 |
| 2025-12-02 | 23.70 |
| 2025-12-01 | 23.71 |
| 2025-11-28 | 23.71 |
| 2025-11-26 | 23.70 |
| 2025-11-25 | 23.67 |
| 2025-11-24 | 23.67 |
| 2025-11-21 | 23.69 |
| 2025-11-20 | 23.67 |
| 2025-11-19 | 23.63 |
| 2025-11-18 | 23.64 |
| 2025-11-17 | 23.65 |
| 2025-11-14 | 23.67 |
| 2025-11-13 | 23.64 |
| 2025-11-12 | 23.68 |
| 2025-11-11 | 23.68 |
| 2025-11-10 | 23.62 |
| 2025-11-07 | 23.64 |
| 2025-11-06 | 23.60 |
| 2025-11-05 | 23.60 |
| 2025-11-04 | 23.61 |
| 2025-11-03 | 23.61 |
| 2025-10-31 | 23.61 |
| 2025-10-30 | 23.63 |
| 2025-10-29 | 23.64 |
| 2025-10-28 | 23.63 |
| 2025-10-27 | 23.62 |
| 2025-10-24 | 23.63 |
| 2025-10-23 | 23.61 |
| 2025-10-22 | 23.61 |
| 2025-10-21 | 23.63 |
| 2025-10-20 | 23.63 |
| 2025-10-17 | 23.60 |
| 2025-10-16 | 23.60 |
| 2025-10-15 | 23.62 |
| 2025-10-14 | 23.62 |
| 2025-10-13 | 23.60 |
| 2025-10-10 | 23.60 |
| 2025-10-09 | 23.60 |
| 2025-10-08 | 23.62 |
| 2025-10-07 | 23.59 |
| 2025-10-06 | 23.60 |
| 2025-10-03 | 23.57 |