Ormat Technologies, Inc.
ORA
Rank in Stocks
#3290
Ormat Technologies, Inc. (ORA) is a global enterprise dedicated to geothermal... Ormat Technologies, Inc. (ORA) is a global enterprise dedicated to geothermal and recovered energy power solutions, with significant operations in the United States, Indonesia, Kenya, Turkey, Chile, Guadeloupe, Guatemala, Ethiopia, New Zealand, Honduras, and various other international locations. The company's operations are divided into three distinct business units: Electricity Generation, Product Manufacturing, and Energy Storage Solutions. The Electricity Generation division handles the full spectrum of power plant development, from designing and constructing to owning and operating facilities that harness geothermal, solar photovoltaic, and recovered energy, subsequently selling the generated power. Through its Product Manufacturing segment, Ormat designs, produces, and distributes specialized equipment for geothermal and recovered energy electricity generation, including remote power units like fossil fuel-powered turbo-generators and heavy-duty direct-current generators. This segment also provides complete engineering, procurement, construction (EPC), and ongoing operation and maintenance (O&M) services for geothermal and recovered energy power plants. Its diverse clientele includes contractors, developers, owners, and operators of geothermal power facilities, as well as industrial entities such as operators of interstate natural gas pipelines, gas processing plants, cement factories, and other energy-intensive industrial processes. The Energy Storage Solutions segment delivers a wide array of services related to energy storage, encompassing the engineering, procurement, construction (EPC), and operational maintenance (O&M) of energy storage units. Ormat Technologies, Inc. was founded in 1965 and is headquartered in Reno, Nevada.
Share Price
$86.40
Market Cap
$5.31B
Change (1 day)
-3.23%
Change (1 year)
-20.51%
Country
US
Trade Ormat Technologies, Inc. (ORA)
Category
Utilities
P/E ratio for Ormat Technologies, Inc. (ORA)
P/E ratio as of October 2026 TTM: 42.40
According to Ormat Technologies, Inc. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 42.40. At the end of 2023 the company had a P/E ratio of 36.20.
P/E ratio history for Ormat Technologies, Inc. from 2001 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 42.40 | 28.13% |
| 2024 | 33.09 | -8.61% |
| 2023 | 36.20 | -50.83% |
| 2022 | 73.64 | 2.95% |
| 2021 | 71.52 | 31.29% |
| 2020 | 54.48 | 26.61% |
| 2019 | 43.03 | 59.15% |
| 2018 | 27.04 | 44.02% |
| 2017 | 18.77 | -33.52% |
| 2016 | 28.24 | 90.66% |
| 2015 | 14.81 | -35.12% |
| 2014 | 22.83 | -23.86% |
| 2013 | 29.98 | -809.24% |
| 2012 | -4.23 | -77.78% |
| 2011 | -19.02 | -152.83% |
| 2010 | 36.01 | 44.35% |
| 2009 | 24.95 | -11.71% |
| 2008 | 28.26 | -63.72% |
| 2007 | 77.89 | 110.65% |
| 2006 | 36.98 | -31.98% |
| 2005 | 54.36 | 139.49% |
| 2004 | 22.70 | -3.57% |
| 2003 | 23.54 | -106.76% |
| 2002 | -348.43 | 363.44% |
| 2001 | -75.18 | 0.00% |
P/E ratio for similar companies or competitors
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How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.