TransAlta Renewables Inc.

TransAlta Renewables Inc.verified

RNW.TO

Price:

$12.48

Market Cap:

$3.33B

TransAlta Renewables Inc. develops, owns, and operates renewable power generation facilities. The company operates through Canadian Wind, Canadian Hydro, Canadian Gas, US Wind and Solar, US Gas, and Australian Gas segments. As of February 24, 2022, it owned and operated 26 wind facilities, 13 hydroelectric facilities, 8 natural gas generation facilities, 2 solar facilities, 1 natural gas pipeline, and 1 battery storage project comprising 2,968 megawatts of net generating capacity located in the provinces of British Columbia, Alberta, Ontario, Québec, New Brunswick, the States of Pennsylvania, New Hampshire, Wyoming, Massachusetts, Michigan, Minnesota, Washington, North Carolina, and the Stat...[Read more]

Industry

Renewable Utilities

IPO Date

2013-08-09

Stock Exchange

TSX

Ticker

RNW.TO

The PE Ratio as of September 2024 (TTM) for TransAlta Renewables Inc. (RNW.TO) is 41.60

According to TransAlta Renewables Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 41.60. This represents a change of 255.07% compared to the average of 11.72 of the last 4 quarters.

TransAlta Renewables Inc. (RNW.TO) Historical PE Ratio (quarterly & annually)

How has RNW.TO PE Ratio performed in the past?

The mean historical PE Ratio of TransAlta Renewables Inc. over the last ten years is -101.52. The current 41.60 PE Ratio has changed -4197.82% with respect to the historical average. Over the past ten years (40 quarters), RNW.TO's PE Ratio was at its highest in in the March 2020 quarter at 329.62. The PE Ratio was at its lowest in in the September 2014 quarter at -10730.00.

Quarterly (TTM)
Annual

Average

-101.52

Median

26.07

Minimum

-1598.91

Maximum

349.37

TransAlta Renewables Inc. (RNW.TO) PE Ratio by Quarter and Year

Discovering the peaks and valleys of TransAlta Renewables Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 174.86%

Maximum Annual PE Ratio = 349.37

Minimum Annual Increase = -18311.90%

Minimum Annual PE Ratio = -1598.91

Quarterly (TTM)
Annual
YearPE RatioChange
202240.5913.51%
202135.76-43.16%
202062.91174.86%
201922.89102.69%
201811.29-96.77%
2017349.37-121.85%
2016-1598.91-18311.90%
20158.78-67.56%
201427.067.89%
201325.08-27.78%

TransAlta Renewables Inc. (RNW.TO) Average PE Ratio

How has RNW.TO PE Ratio performed in the past?

The current PE Ratio of TransAlta Renewables Inc. (RNW.TO) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

46.42

5-year avg

34.69

10-year avg

-101.52

TransAlta Renewables Inc. (RNW.TO) PE Ratio vs. Peers

How is RNW.TO’s PE Ratio compared to its peers?

TransAlta Renewables Inc.’s PE Ratio is greater than Algonquin Power & Utilities Corp. (30.26), less than Northland Power Inc. (72.60), greater than Brookfield Renewable Partners L.P. (-82.76), greater than Capital Power Corporation (9.10), greater than Canadian Utilities Limited (15.26),

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