ALLETE Inc (ALE)

Add to Watchlists
Create an Alert
81.87 +0.05  +0.06% NYSE Mar 20, 14:08 Delayed 2m USD

ALLETE Inc PS Ratio (TTM):

2.814 for March 20, 2019
View 4,000+ financial data types
Browse...
View Full Chart

ALLETE Inc PS Ratio (TTM) Chart

Export Data
Save Image
Print Image

ALLETE Inc Historical PS Ratio (TTM) Data

View and export this data going back to 1972. Start your Free Trial
Export Data Date Range:
Data for this Date Range  
March 20, 2019 2.814
March 19, 2019 2.812
March 18, 2019 2.858
March 15, 2019 2.867
March 14, 2019 2.844
March 13, 2019 2.860
March 12, 2019 2.881
March 11, 2019 2.868
March 8, 2019 2.836
March 7, 2019 2.839
March 6, 2019 2.818
March 5, 2019 2.806
March 4, 2019 2.854
March 1, 2019 2.807
Feb. 28, 2019 2.785
Feb. 27, 2019 2.802
Feb. 26, 2019 2.801
Feb. 25, 2019 2.804
Feb. 22, 2019 2.829
Feb. 21, 2019 2.795
Feb. 20, 2019 2.757
Feb. 19, 2019 2.745
Feb. 15, 2019 2.728
Feb. 14, 2019 2.679
Feb. 13, 2019 2.652
Feb. 12, 2019 2.645
   
Feb. 11, 2019 2.651
Feb. 8, 2019 2.725
Feb. 7, 2019 2.652
Feb. 6, 2019 2.608
Feb. 5, 2019 2.617
Feb. 4, 2019 2.605
Feb. 1, 2019 2.592
Jan. 31, 2019 2.644
Jan. 30, 2019 2.593
Jan. 29, 2019 2.573
Jan. 28, 2019 2.556
Jan. 25, 2019 2.573
Jan. 24, 2019 2.640
Jan. 23, 2019 2.622
Jan. 22, 2019 2.579
Jan. 18, 2019 2.587
Jan. 17, 2019 2.588
Jan. 16, 2019 2.563
Jan. 15, 2019 2.556
Jan. 14, 2019 2.514
Jan. 11, 2019 2.572
Jan. 10, 2019 2.578
Jan. 9, 2019 2.537
Jan. 8, 2019 2.601
Jan. 7, 2019 2.542

There is no data for the selected date range.

An error occurred. Please try again by refreshing your browser or contact us with details of your problem.

About Price to Sales Ratio

The price to sales ratio (PS ratio) is calculated by dividing stock price by the revenue per share. It is most useful for comparing companies within a sector or industry because "normal" values for this ratio vary from industry to industry. In general, low price to sales ratios are more appealing because they suggest that a company is undervalued.

An example illustrating why PS ratios should not be compared across industries: On June 21, 2010, Starbucks had a PS ratio of 1.12 while Yahoo! had a PS ratio of 2.56. In other words, Yahoo! shareholders were paying $2.56 for $1 of sales while Starbucks shareholders would only pay $1.12 for $1 of sales. However, at that same moment, the two companies' price to earnings ratios were virtually identical (Starbucks: 28.09 and Yahoo!: 27.78). Hence, shareholders were paying nearly the same amount for $1.00 in earnings. The PS ratios, though, are less comparable since Yahoo!'s profit margins are much higher than that of Starbucks.

For more information on evaluating valuation multiples similar to this, please see our original white paper research : Making Sense Of Valuation Multiples.
Learn More

Advertisement

ALE PS Ratio (TTM) Benchmarks

Benchmarks
Pinnacle West Capital Corp 2.897
Ameren Corp 2.835
Portland General Electric Co 2.303

ALE PS Ratio (TTM) Range, Past 5 Years

Minimum 1.591 Jan 21 2016
Maximum 3.051 Dec 03 2018
Average 2.253

ALE PS Ratio (TTM) Excel Add-In Codes

  • Metric Code: ps_ratio
  • Latest data point: =YCP("ALE", "ps_ratio")
  • Last 5 data points: =YCS("ALE", "ps_ratio", -4)

To find the codes for any of our financial metrics, see our Complete Reference of Metric Codes.

Access our powerful Excel Add-in with a YCharts Professional Membership. Learn More.

Advertisement

{{root.upsell.info.feature_headline}}.

{{root.upsell.info.feature_description}}

Please note that this feature is only available as an add-on to YCharts subscriptions.


Please note that this feature requires full activation of your account and is not permitted during the free trial period.

Start My Free Trial {{root.upsell.info.call_to_action}} No credit card required.

Already a subscriber? Sign in.