As of 2026-03-15, the Relative Valuation of ALLETE Inc (ALE) is 49.20 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 -27.5%.
The range of the Relative Valuation is 33.60 - 67.19 USD.
| Range | Selected | |
| Trailing P/E multiples | 21.0x - 23.6x | 22.5x |
| Forward P/E multiples | 18.9x - 19.9x | 19.3x |
| Fair Price | 33.60 - 67.19 | 49.20 |
| Upside | -50.5% - -1.0% | -27.5% |
| Date | P/E |