P/E ratio for Otter Tail (OTTR)
P/E ratio as of April 2024 (TTM): 12.6
According to Otter Tail's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.6338. At the end of 2022 the company had a P/E ratio of 8.60.
P/E ratio history for Otter Tail from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.60 | -48.85% |
| 2021 | 16.8 | -7.32% |
| 2020 | 18.1 | -22.93% |
| 2019 | 23.5 | -1.42% |
| 2018 | 23.9 | -1.21% |
| 2017 | 24.2 | -4.08% |
| 2016 | 25.2 | 50.37% |
| 2015 | 16.7 | -15.07% |
| 2014 | 19.7 | -6.35% |
| 2013 | 21.1 | -113.48% |
| 2012 | -156 | 183.83% |
| 2011 | -55.1 | -87.79% |
| 2010 | -451 | -1389.56% |
| 2009 | 35.0 | 63.33% |
| 2008 | 21.4 | 10.73% |
| 2007 | 19.3 | 5.46% |
| 2006 | 18.3 | 34.72% |
| 2005 | 13.6 | -15.26% |
| 2004 | 16.1 | -8.69% |
| 2003 | 17.6 | 12.44% |
| 2002 | 15.6 | -16.81% |
| 2001 | 18.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Alliant Energy LNT | 18.9 | 49.86% | 🇺🇸 USA |
 Ameren
AEE | 17.2 | 36.04% | 🇺🇸 USA |
 Xcel Energy XEL | 17.1 | 35.11% | 🇺🇸 USA |
 MGE Energy
MGEE | 23.7 | 87.48% | 🇺🇸 USA |
 MDU Resources
MDU | 13.9 | 10.39% | 🇺🇸 USA |
 NorthWestern Corporation
NWE | 16.5 | 30.43% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.