Ormat Technologies Inc $ 79.20 -1 (-1.25%)
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Current and historical daily P/E ratio for Ormat Technologies Inc () from 2004 to Mar 08 2021. The price to earnings ratio is calculated by taking the current stock price and dividing it by the most recent trailing twelve-month earnings per share (EPS) number. The data is updated every 20 minutes during market hours. The P/E ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. Therefore, lower-P/E stocks are more attractive than higher P/E stocks so long as the P/E ratio is positive. Also for stocks with the same P/E ratio, the one with faster growth business is more attractive. Ormat Technologies stock (ORA) PE ratio as of Mar 08 2021 is 47.71. More Details
Ormat Technologies PE Ratio (TTM) Historical Data
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Ormat Technologies PE Ratio (TTM) Comparison
|Company||Market Cap(Mil)||PE Ratio (TTM)|
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Address 6140 Plumas Street, Reno, NV, USA, 89519-6075
Ormat Technologies derives approximately 80% of its revenue from building and operating geothermal plants and the rest from manufacturing geothermal and recovered energy equipment. Nearly two thirds of its capacity is in the United States, with the balance in Africa and Central America. Nearly all the plants have long-term contracts with local utilities.