ALE
ALLETE Inc
Price:  
62.75 
USD
Volume:  
417,566.00
United States | Electric Utilities
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Allete Relative Valuation

-9.6%
Upside

As of 2024-06-25, the Relative Valuation of ALLETE Inc (ALE) is 56.74 USD. This relative valuation is based on P/E multiples. With the latest stock price at 62.75 USD, the upside of ALLETE Inc based on Relative Valuation is -9.6%.

The range of the Relative Valuation is 36.34 - 84.48 USD.

Range Selected
Trailing P/E multiples 17.5x - 20.3x 18.3x
Forward P/E multiples 16.8x - 19.3x 17.4x
Fair Price 36.34 - 84.48 56.74
Upside -42.1% - 34.6% -9.6%
62.75 USD
Stock Price
56.74 USD
Fair Price

Allete Relative Valuation - Historical P/E Data

Date P/E
2024-06-24 15.11
2024-06-21 15.15
2024-06-20 15.11
2024-06-18 15.15
2024-06-17 15.19
2024-06-14 15.17
2024-06-13 15.18
2024-06-12 15.19
2024-06-11 15.18
2024-06-10 15.13
2024-06-07 15.14
2024-06-06 15.17
2024-06-05 15.29
2024-06-04 15.18
2024-06-03 15.13
2024-05-31 15.21
2024-05-30 15.10
2024-05-29 14.99
2024-05-28 15.03
2024-05-24 15.15
2024-05-23 15.07
2024-05-22 15.16
2024-05-21 15.29
2024-05-20 15.33
2024-05-17 15.12
2024-05-16 15.17
2024-05-15 15.21
2024-05-14 15.15
2024-05-13 15.29
2024-05-10 15.22
2024-05-09 15.15
2024-05-08 15.11
2024-05-07 15.19
2024-05-06 15.17
2024-05-03 15.47
2024-05-02 14.65
2024-05-01 14.53
2024-04-30 14.26
2024-04-29 14.30
2024-04-26 14.21
2024-04-25 14.34
2024-04-24 14.44
2024-04-23 14.40
2024-04-22 14.44
2024-04-19 14.38
2024-04-18 14.08
2024-04-17 13.93
2024-04-16 13.82
2024-04-15 13.91
2024-04-12 14.04