Price to Sales ratio Analysis of Allete Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY PS
Period Ending - Dec-23
Indecisive PS
1.92
Period Ending - Dec-22
Indecisive PS
2.11
Growth
-8.64 %
Trailing Twelve Months PS
Period Ending - Dec-23
Indecisive PS
2.11
PS Analysis of Allete Inc
| PS Ratio of ALE has fallen by -8.64 % Compared to previous Financial Year. |
| PS Ratio with value of 2.80 was highest in Year Dec-20 in last Five Years. |
| PS Ratio of ALE trending down for at least three Years. |
| Latest PS Ratio with value of 1.92 is lower than Average PS of 2.36 in last five years. |
Other PS Related Info of ALE that may interest you.
Allete Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| ALE | 63.0 | 63.03 | 0.0476 % | Utilities-Diversified |
Defination of Price to Sales
The Price to Sales Ratio indicates how much investors are willing to pay for each rupee of sales generated by a company. Price-to-Sales Ratio is used to determine whether a stock is currently profitable or less profitable, which is helpful for better investment decisions. more ..
PS Related Ratios
| PriceToBookRatio | PriceToEarningRatio | AssetTurnoverRatio |
Tsr Value Index
| Good Value | |
FY - Historical Price to Sales of Allete Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| PS | 1.92 | 2.11 | 2.33 | 2.80 | 2.63 | 2.17 | 2.26 |
| Change | -8.64 % | -9.65 % | -16.67 % | 6.52 % | 21.28 % | -4.36 % | -2.75 % |
FY Chart of Price to Sales of Allete Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)