ALE
ALLETE Inc
Price:  
57.68 
USD
Volume:  
496,846.00
United States | Electric Utilities
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Allete Relative Valuation

-20.6%
Upside

As of 2024-02-21, the Relative Valuation of ALLETE Inc (ALE) is 45.83 USD. This relative valuation is based on P/E multiples. With the latest stock price at 57.68 USD, the upside of ALLETE Inc based on Relative Valuation is -20.6%.

The range of the Relative Valuation is 20.42 - 76.58 USD.

Range Selected
Trailing P/E multiples 14.8x - 17.8x 16.2x
Forward P/E multiples 13.5x - 16.1x 14.7x
Fair Price 20.42 - 76.58 45.83
Upside -64.6% - 32.8% -20.6%
57.68 USD
Stock Price
45.83 USD
Fair Price

Allete Relative Valuation - Historical P/E Data

Date P/E
2024-02-21 13.31
2024-02-20 13.41
2024-02-16 13.62
2024-02-15 13.65
2024-02-14 13.34
2024-02-13 13.27
2024-02-12 13.74
2024-02-09 13.55
2024-02-08 13.42
2024-02-07 13.53
2024-02-06 13.53
2024-02-05 13.47
2024-02-02 13.73
2024-02-01 14.05
2024-01-31 13.74
2024-01-30 13.85
2024-01-29 13.87
2024-01-26 13.72
2024-01-25 13.82
2024-01-24 13.47
2024-01-23 13.78
2024-01-22 13.79
2024-01-19 13.65
2024-01-18 13.65
2024-01-17 13.80
2024-01-16 13.89
2024-01-12 14.16
2024-01-11 14.15
2024-01-10 14.32
2024-01-09 14.46
2024-01-08 14.52
2024-01-05 14.49
2024-01-04 14.55
2024-01-03 14.60
2024-01-02 14.48
2023-12-29 14.22
2023-12-28 14.27
2023-12-27 14.26
2023-12-26 14.34
2023-12-22 14.32
2023-12-21 14.22
2023-12-20 14.08
2023-12-19 14.16
2023-12-18 13.93
2023-12-15 14.02
2023-12-14 14.11
2023-12-13 14.25
2023-12-12 14.13
2023-12-11 14.22
2023-12-08 14.26