TransAlta Corporation

TransAlta Corporationverified

TAC

Price:

$8.93

Market Cap:

$3.62B

TransAlta Corporation owns, operates, and develops a diverse fleet of electrical power generation assets in Canada, the United States, and Australia. It operates through four segments: Hydro, Wind and Solar, Gas, and Energy Transition. owns and operates hydro, wind and solar, natural gas-fired, and coal-fired facilities. The company also engages in wholesale trading of electricity and other energy-related commodities and derivatives; and related mining operations and natural gas pipeline operations. It serves municipalities, medium and large industries, businesses, and utility customers. The company was founded in 1909 and is headquartered in Calgary, Canada.[Read more]

Industry

Independent Power Producers

IPO Date

2001-07-31

Stock Exchange

NYSE

Ticker

TAC

The PE Ratio as of September 2024 (TTM) for TransAlta Corporation (TAC) is 6.33

According to TransAlta Corporation’s latest financial reports and current stock price. The company's current PE Ratio is 6.33. This represents a change of 2.07% compared to the average of 0.29 of the last 4 quarters.

TransAlta Corporation (TAC) Historical PE Ratio (quarterly & annually)

How has TAC PE Ratio performed in the past?

The mean historical PE Ratio of TransAlta Corporation over the last ten years is 8.93. The current 6.33 PE Ratio has changed 6.99% with respect to the historical average. Over the past ten years (40 quarters), TAC's PE Ratio was at its highest in in the September 2014 quarter at 267.43. The PE Ratio was at its lowest in in the June 2021 quarter at -417.50.

Quarterly (TTM)
Annual

Average

8.93

Median

8.48

Minimum

-13.47

Maximum

62.30

TransAlta Corporation (TAC) PE Ratio by Quarter and Year

Discovering the peaks and valleys of TransAlta Corporation 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 = 294.73%

Maximum Annual PE Ratio = 62.30

Minimum Annual Increase = -328.11%

Minimum Annual PE Ratio = -13.47

Quarterly (TTM)
Annual
YearPE RatioChange
20234.37-78.63%
202220.45-328.11%
2021-8.96-14.83%
2020-10.52-170.45%
201914.94-283.31%
2018-8.15-39.52%
2017-13.47-207.00%
201612.59-79.79%
201562.30294.73%
201415.78-114.63%

TransAlta Corporation (TAC) Average PE Ratio

How has TAC PE Ratio performed in the past?

The current PE Ratio of TransAlta Corporation (TAC) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

5.28

5-year avg

4.05

10-year avg

8.93

TransAlta Corporation (TAC) PE Ratio vs. Peers

How is TAC’s PE Ratio compared to its peers?

TransAlta Corporation’s PE Ratio is less than Pampa Energía S.A. (51.44), less than Vistra Corp. (39.47), less than NRG Energy, Inc. (7.67), less than Power Assets Holdings Limited (10.49), greater than Kenon Holdings Ltd. (-5.87), less than AGL Energy Limited (10.91), less than Datang International Power Generation Co., Ltd. (0), less than null (9.31),

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