As of 2024-10-09, the Relative Valuation of ALLETE Inc (ALE) is 57.39 USD. This relative valuation is based on P/E multiples. With the latest stock price at 63.99 USD, the upside of ALLETE Inc based on Relative Valuation is -10.3%.
The range of the Relative Valuation is 37.28 - 80.86 USD.
| Range | Selected | |
| Trailing P/E multiples | 18.4x - 21.1x | 19.6x |
| Forward P/E multiples | 17.9x - 22.8x | 19.2x |
| Fair Price | 37.28 - 80.86 | 57.39 |
| Upside | -41.7% - 26.4% | -10.3% |
| Date | P/E |
| 2024-10-08 | 16.71 |
| 2024-10-07 | 16.75 |
| 2024-10-04 | 16.77 |
| 2024-10-03 | 16.78 |
| 2024-10-02 | 16.78 |
| 2024-10-01 | 16.74 |
| 2024-09-30 | 16.77 |
| 2024-09-27 | 16.81 |
| 2024-09-26 | 16.77 |
| 2024-09-25 | 16.77 |
| 2024-09-24 | 16.68 |
| 2024-09-23 | 16.73 |
| 2024-09-20 | 16.68 |
| 2024-09-19 | 16.68 |
| 2024-09-18 | 16.65 |
| 2024-09-17 | 16.64 |
| 2024-09-16 | 16.69 |
| 2024-09-13 | 16.74 |
| 2024-09-12 | 16.65 |
| 2024-09-11 | 16.65 |
| 2024-09-10 | 16.69 |
| 2024-09-09 | 16.66 |
| 2024-09-06 | 16.58 |
| 2024-09-05 | 16.56 |
| 2024-09-04 | 16.62 |
| 2024-09-03 | 16.55 |
| 2024-08-30 | 16.60 |
| 2024-08-29 | 16.53 |
| 2024-08-28 | 16.49 |
| 2024-08-27 | 16.50 |
| 2024-08-26 | 16.52 |
| 2024-08-23 | 16.53 |
| 2024-08-22 | 16.54 |
| 2024-08-21 | 16.53 |
| 2024-08-20 | 16.53 |
| 2024-08-19 | 16.56 |
| 2024-08-16 | 16.58 |
| 2024-08-15 | 16.63 |
| 2024-08-14 | 16.78 |
| 2024-08-13 | 16.80 |
| 2024-08-12 | 16.79 |
| 2024-08-09 | 16.74 |
| 2024-08-08 | 16.76 |
| 2024-08-07 | 16.69 |
| 2024-08-06 | 16.75 |
| 2024-08-05 | 16.66 |
| 2024-08-02 | 16.89 |
| 2024-08-01 | 16.73 |
| 2024-07-31 | 16.85 |
| 2024-07-30 | 16.83 |