Ormat TechnologiesORA +1.46%86 PE Ratio (TTM) is 54.64 as of Jul. 03, 2026, which is 34% above its 10-year median of 40.89. GuruFocus rates ORA with a GF Score™ of 86/100 and a GF Value™ of $101.57 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 279 Utilities - Independent Power Producers companies, Ormat Technologies ranks worse than 81.72% on this metric.
The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-07-03), Ormat Technologies's share price is
$112.56.
Ormat Technologies's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $2.06. Therefore, Ormat Technologies's PE Ratio (TTM) for today is 54.64.
The historical rank and industry rank for Ormat Technologies's PE Ratio (TTM) or its related term are showing as below:
ORA'
s PE Ratio (TTM) Range Over the Past 10 Years
Min: 14.99 Med: 40.89 Max: 85.41
Current: 54.64
During the past 13 years, the highest PE Ratio (TTM) of Ormat Technologies was 85.41. The lowest was 14.99. And the median was 40.89.
During the past 12 months, Ormat Technologies's average EPS without NRIGrowth Rate was 31.20% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was 11.20% per year.
During the past 5 years, the average EPS without NRIGrowth Rate was 9.40% per year.
During the past 10 years, the average EPS without NRIGrowth Rate was -1.70% per year.
During the past 13 years, Ormat Technologies's highest 3-Year average EPS without NRI Growth Rate was 78.60% per year. The lowest was -35.80% per year. And the median was 6.50% per year.
Ormat Technologies's EPS (Basic) for the
three
months ended in Mar. 2026 was $0.72.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was $2.10.
Ormat Technologies (NYSE:ORA) PE Ratio (TTM) Explanation
The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.
In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.
If a company loses money, the PE Ratio (TTM) becomes meaningless.
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.
Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.
Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .
PE Ratio (TTM) can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio (TTM).
Ormat Technologies PE Ratio (TTM) Related Terms
Ormat Technologies PE Ratio (TTM) Historical Data
* Premium members only.
The historical data trend for Ormat Technologies's PE Ratio (TTM) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Utilities - Renewable subindustry, Ormat Technologies's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ormat Technologies PE Ratio (TTM) vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Ormat Technologies's PE Ratio (TTM) distribution charts can be found below:
* The bar in red indicates where Ormat Technologies's PE Ratio (TTM) falls into.
The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.
Ormat Technologies's Share Price of today is $112.56.
Ormat Technologies's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.06.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.
In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.
Ormat Technologies (ORA) has a PE Ratio (TTM) of 54.64 as of Jul. 03, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Ormat Technologies and its competitors. This is 34% above median its historical median of 40.89. Over the past decade, Ormat Technologies' PE Ratio (TTM) has ranged from 14.99 to 85.41. According to the industry distribution chart, Ormat Technologies ranks #228 out of 279 companies in the Utilities - Independent Power Producers industry, placing it in the top 81.7%.
Is Ormat Technologies' PE Ratio (TTM) too high?
Ormat Technologies' current PE Ratio (TTM) of 54.64 is 34% above median its 10-year median of 40.89. Over the past 10 years, this metric has ranged from a low of 14.99 to a high of 85.41. The Utilities - Independent Power Producers industry median PE Ratio (TTM) is 17.76. Ormat Technologies' value of 54.64 is 207.7% above this industry median. Based on the distribution chart, Ormat Technologies ranks #228 out of 279 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Ormat Technologies has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ormat Technologies' PE Ratio (TTM) compare to MWH and CWEN?
According to the Utilities - Independent Power Producers industry distribution chart, Ormat Technologies ranks #228 out of 279 companies for PE Ratio (TTM). This places Ormat Technologies in the lower half of its industry. The industry median PE Ratio (TTM) is 17.76. Ormat Technologies' value of 54.64 is 207.7% above this benchmark. Historically, Ormat Technologies' own PE Ratio (TTM) has ranged from 14.99 to 85.41 over the past decade. While the company's 10-year median is 40.89 vs. the industry median of 17.76, Ormat Technologies has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio (TTM) for an Utilities - Independent Power Producers company?
The median PE Ratio (TTM) among Utilities - Independent Power Producers companies is 17.76, based on 279 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ormat Technologies's current PE Ratio (TTM) of 54.64 is 207.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PE Ratio (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Ormat Technologies and its competitors. For the Utilities - Independent Power Producers industry, the median PE Ratio (TTM) is 17.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ormat Technologies's current PE Ratio (TTM) is 54.64, which is 34% above median its own 10-year median of 40.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ormat Technologies stock overvalued right now?
Based on GuruFocus' analysis, Ormat Technologies (ORA) is currently considered Modestly Overvalued. The stock's GF Value™ is $101.57, compared to a current price of $112.56 — trading 10.8% above its estimated fair value. The current PE Ratio (TTM) is 54.64, which is 34% above median its 10-year median of 40.89 and 207.7% above the Utilities - Independent Power Producers industry median of 17.76. Ormat Technologies' overall GF Score™ is 86/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For Ormat Technologies (ORA), the current PE Ratio (TTM) is 54.64 as of Jul. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ormat Technologies (ORA) Overvalued in 2026?
Based on GuruFocus' analysis, Ormat Technologies stock appears to be overvalued.
The current stock price of $112.56 is trading 10.8% above its estimated GF Value™ of $101.57.
GuruFocus considers Ormat Technologies to be Modestly Overvalued.
Key valuation signals for ORA:
PE Ratio (TTM): 54.64 (34% above median its 10-year median of 40.89)
GF Value™: $101.57 vs. price of $112.56 (10.8% above fair value)
Industry Position: 207.7% above the Utilities - Independent Power Producers median (#228 of 279)
No single metric tells the full story. See the ORA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ormat Technologies Inc is engaged in the geothermal and recovered energy power business. It is engaged in three business segments: the Electricity Segment. where the company develops, builds, owns, and operates geothermal, solar PV, and recovered energy-based power plants in the United States and geothermal power plants in other countries and sells the electricity generated. Product Segment includes designing, manufacturing, and selling equipment for geothermal and recovered energy-based electricity generation and providing services relating to the engineering, procurement, and construction of geothermal & recovered energy-based power plants. Energy Storage Segment includes owning & operating grid-connected which provide capacity, energy, & ancillary services directly to the electric grid.
86GF Score
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