Allete
ALE
#3218
Rank
NZ$6.34 B
Marketcap
$109.66
Share price
-0.05%
Change (1 day)
18.89%
Change (1 year)

Allete (ALE) - P/B ratio

P/B ratio as of November 2024 : 1.10

According to Allete's latest financial reports the company has a price-to-book ratio of 2.37148.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Allete - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year P/B ratio Change
2024-12-31N/A-100%
2023-12-311.03-6.3%
2022-12-311.10-6.98%
2021-12-311.182.98%
2020-12-311.15-35.99%
2019-12-311.80-1.36%
2018-12-311.82-0.78%
2017-12-311.849.41%
2016-12-311.6822.47%
2015-12-311.37-12.82%
2014-12-311.572.15%
2013-12-311.5414.38%
2012-12-311.34-6.1%
2011-12-311.435.72%
2010-12-311.3510.54%
2009-12-311.230.45%
2008-12-311.22-24.77%
2007-12-311.62-22.85%
2006-12-312.10-3.39%
2005-12-312.1826.78%
2004-12-311.72-6.22%
2003-12-311.8316.13%
2002-12-311.58

P/B ratio for similar companies or competitors

Company P/B ratio P/B ratio differencediff. Country
2.31 111.14%๐Ÿ‡บ๐Ÿ‡ธ USA
2.11 92.39%๐Ÿ‡บ๐Ÿ‡ธ USA
2.56 133.90%๐Ÿ‡บ๐Ÿ‡ธ USA
1.76 60.66%๐Ÿ‡บ๐Ÿ‡ธ USA
1.48 34.87%๐Ÿ‡บ๐Ÿ‡ธ USA
2.09 90.36%๐Ÿ‡บ๐Ÿ‡ธ USA
2.67 143.40%๐Ÿ‡บ๐Ÿ‡ธ USA
1.23 12.08%๐Ÿ‡บ๐Ÿ‡ธ USA