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Ormat TechnologiesORA -0.96%86 Shiller PE Ratio is 41.51 as of Sep. 15, 2026, which is 43% below its 10-year median of 72.35. GuruFocus rates ORA with a GF Score™ of 86/100 and a GF Value™ of $101.97 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 204 Utilities - Independent Power Producers companies, Ormat Technologies ranks worse than 87.25% on this metric.
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.
Ormat Technologies's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.433. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.20 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Ormat Technologies (NYSE:ORA) Shiller PE Ratio Explanation
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.
Ormat Technologies Shiller PE Ratio Related Terms
Ormat Technologies Shiller PE Ratio Historical Data
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The historical data trend for Ormat Technologies'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.
ORA vs CWEN, MWH, FRVO: Shiller PE Ratio Comparison
For the Utilities - Renewable subindustry, Ormat Technologies'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.
Ormat Technologies Shiller PE Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Ormat Technologies's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Ormat Technologies'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.
* 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.
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.
Ormat Technologies (ORA) has a Shiller PE Ratio of 41.51 as of Sep. 15, 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 Ormat Technologies and its competitors. This is 43% below median its historical median of 72.35. Over the past decade, Ormat Technologies' Shiller PE Ratio has ranged from 29.24 to 143.30. According to the industry distribution chart, Ormat Technologies ranks #178 out of 204 companies in the Utilities - Independent Power Producers industry, placing it in the top 87.3%.
Is Ormat Technologies' Shiller PE Ratio too high?
Ormat Technologies' current Shiller PE Ratio of 41.51 is 43% below median its 10-year median of 72.35. Over the past 10 years, this metric has ranged from a low of 29.24 to a high of 143.30. The Utilities - Independent Power Producers industry median Shiller PE Ratio is 14.19. Ormat Technologies' value of 41.51 is 192.6% above this industry median. Based on the distribution chart, Ormat Technologies ranks #178 out of 204 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 Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ormat Technologies' Shiller PE Ratio compare to CWEN and MWH?
According to the Utilities - Independent Power Producers industry distribution chart, Ormat Technologies ranks #178 out of 204 companies for Shiller PE Ratio. This places Ormat Technologies in the lower half of its industry. The industry median Shiller PE Ratio is 14.19. Ormat Technologies' value of 41.51 is 192.6% above this benchmark. Historically, Ormat Technologies' own Shiller PE Ratio has ranged from 29.24 to 143.30 over the past decade. While the company's 10-year median is 72.35 vs. the industry median of 14.19, 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 Shiller PE Ratio for an Utilities - Independent Power Producers company?
The median Shiller PE Ratio among Utilities - Independent Power Producers companies is 14.19, based on 204 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. Ormat Technologies's current Shiller PE Ratio of 41.51 is 192.6% 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 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 Ormat Technologies and its competitors. For the Utilities - Independent Power Producers industry, the median Shiller PE Ratio is 14.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ormat Technologies's current Shiller PE Ratio is 41.51, which is 43% below median its own 10-year median of 72.35. 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 Undervalued. The stock's GF Value™ is $101.97, compared to a current price of $91.20 — trading 10.6% below its estimated fair value. The current Shiller PE Ratio is 41.51, which is 43% below median its 10-year median of 72.35 and 192.6% above the Utilities - Independent Power Producers industry median of 14.19. Ormat Technologies' overall GF Score™ is 86/100 with 9 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 Ormat Technologies (ORA), the current Shiller PE Ratio is 41.51 as of Sep. 15, 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 undervalued.
The current stock price of $91.20 is trading 10.6% below its estimated GF Value™ of $101.97.
GuruFocus considers Ormat Technologies to be Modestly Undervalued.
Key valuation signals for ORA:
Shiller PE Ratio: 41.51 (43% below median its 10-year median of 72.35)
GF Value™: $101.97 vs. price of $91.20 (10.6% below fair value)
Industry Position: 192.6% above the Utilities - Independent Power Producers median (#178 of 204)
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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