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As of today (2026-09-22), ALLETE's current share price is €57.50. ALLETE's E10 for the quarter that ended in Sep. 2025 was €3.55. ALLETE's Shiller PE Ratio for today is 16.18.
The historical rank and industry rank for ALLETE's Shiller PE Ratio or its related term are showing as below:
FRA:AEBA'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.88 Med: 18.46 Max: 28.19
Current: 17.09
During the past years, ALLETE's highest Shiller PE Ratio was 28.19. The lowest was 12.88. And the median was 18.46.
FRA:AEBA's Shiller PE Ratio is not ranked
in the Utilities - Regulated industry.
Industry Median: 16.87
vs FRA:AEBA: 17.09
E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.
ALLETE's adjusted earnings per share data for the three months ended in Sep. 2025 was €0.399. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €3.55 for the trailing ten years ended in Sep. 2025.
Shiller PE for Stocks: The True Measure of Stock Valuation
Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.
Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.
Be Aware
Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.
ALLETE Shiller PE Ratio Related Terms
ALLETE Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for ALLETE's Shiller PE Ratio 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 - Diversified subindustry, ALLETE's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio 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.
ALLETE Shiller PE Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, ALLETE's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where ALLETE's Shiller PE Ratio falls into.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.
ALLETE's Shiller PE Ratio for today is calculated as
* 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.
ALLETE's E10 for the quarter that ended in Sep. 2025 is calculated as:
For example, ALLETE's adjusted earnings per share data for the three months ended in Sep. 2025 was:
Add all the adjusted EPS together and divide 10 will get our E10.
Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.
ALLETE (FRA:AEBA) has a Shiller PE Ratio of 16.18 as of Sep. 22, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on ALLETE and its competitors. This is 12% below median its historical median of 18.46. Over the past decade, ALLETE's Shiller PE Ratio has ranged from 12.88 to 28.19.
Is ALLETE's Shiller PE Ratio too high?
ALLETE's current Shiller PE Ratio of 16.18 is 12% below median its 10-year median of 18.46. Over the past 10 years, this metric has ranged from a low of 12.88 to a high of 28.19. The Utilities - Regulated industry median Shiller PE Ratio is 16.87. ALLETE's value of 16.18 is 4.1% below this industry median. Overall, ALLETE has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does ALLETE's Shiller PE Ratio compare to SRE and AES?
ALLETE's Shiller PE Ratio of 16.18 can be compared against companies in the Utilities - Regulated industry. The industry median Shiller PE Ratio is 16.87. ALLETE's value of 16.18 is 4.1% below this benchmark. Historically, ALLETE's own Shiller PE Ratio has ranged from 12.88 to 28.19 over the past decade. While the company's 10-year median is 18.46 vs. the industry median of 16.87, ALLETE has consistently been below 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 Shiller PE Ratio for an Utilities - Regulated company?
The median Shiller PE Ratio among Utilities - Regulated companies is 16.87, based on 399 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ALLETE's current Shiller PE Ratio of 16.18 is 4.1% below 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on ALLETE and its competitors. For the Utilities - Regulated industry, the median Shiller PE Ratio is 16.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ALLETE's current Shiller PE Ratio is 16.18, which is 12% below median its own 10-year median of 18.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ALLETE stock overvalued right now?
ALLETE (FRA:AEBA) has a current Shiller PE Ratio of 16.18. The stock's GF Value™ is €51.55, compared to a current price of €57.50 — trading 11.5% above its estimated fair value. The current Shiller PE Ratio is 16.18, which is 12% below median its 10-year median of 18.46 and 4.1% below the Utilities - Regulated industry median of 16.87. ALLETE's overall GF Score™ is 26/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For ALLETE (FRA:AEBA), the current Shiller PE Ratio is 16.18 as of Sep. 22, 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 ALLETE (FRA:AEBA) Overvalued in 2026?
Based on GuruFocus' analysis, ALLETE stock appears to be overvalued.
The current stock price of €57.50 is trading 11.5% above its estimated GF Value™ of €51.55.
Key valuation signals for FRA:AEBA:
Shiller PE Ratio: 16.18 (12% below median its 10-year median of 18.46)
GF Value™: €51.55 vs. price of €57.50 (11.5% above fair value)
Industry Position: 4.1% below the Utilities - Regulated median
No single metric tells the full story. See the FRA:AEBA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ALLETE Inc provides competitively-priced energy in America's Upper Midwest region and invests in transmission infrastructure and other energy-centric businesses. The company has two reportable segments. The first segment is Regulated Operations, which includes the company's regulated utilities, Minnesota Power and SWL&P, as well as its investment in ATC. ATC is a regulated utility based in Wisconsin that owns and maintains electric transmission assets in parts of Wisconsin, Michigan, Minnesota, and Illinois. The second segment is ALLETE Clean Energy, which focuses on developing, acquiring, and operating clean and renewable energy projects.
26GF Score
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