TAC
Price:
$14.365
Market Cap:
$6.09B
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
According to TransAlta Corporation’s latest financial reports and current stock price. The company's current PE Ratio is 55.25. This represents a change of -582.25% compared to the average of -11.46 of the last 4 quarters.
The mean historical PE Ratio of TransAlta Corporation over the last ten years is 8.97. The current 55.25 PE Ratio has changed 61.52% with respect to the historical average. Over the past ten years (40 quarters), TAC's PE Ratio was at its highest in in the June 2019 quarter at 58.65. The PE Ratio was at its lowest in in the June 2021 quarter at -416.81.
Average
8.97
Median
8.52
Minimum
-13.37
Maximum
62.49
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 = 296.01%
Maximum Annual PE Ratio = 62.49
Minimum Annual Increase = -327.53%
Minimum Annual PE Ratio = -13.37
Year | PE Ratio | Change |
---|---|---|
2023 | 4.38 | -78.53% |
2022 | 20.38 | -327.53% |
2021 | -8.96 | -14.76% |
2020 | -10.51 | -170.44% |
2019 | 14.92 | -284.16% |
2018 | -8.10 | -39.41% |
2017 | -13.37 | -205.63% |
2016 | 12.66 | -79.74% |
2015 | 62.49 | 296.01% |
2014 | 15.78 | -114.63% |
The current PE Ratio of TransAlta Corporation (TAC) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
5.27
5-year avg
4.04
10-year avg
8.97
TransAlta Corporation’s PE Ratio is greater than Pampa Energía S.A. (8.55), greater than Vistra Corp. (23.90), greater than NRG Energy, Inc. (19.92), greater than Power Assets Holdings Limited (18.95), greater than Kenon Holdings Ltd. (9.86), greater than AGL Energy Limited (10.47), less than Datang International Power Generation Co., Ltd. (0), greater than null (18.01),
Company | PE Ratio | Market cap |
---|---|---|
8.55 | $4.87B | |
23.90 | $48.55B | |
19.92 | $18.79B | |
18.95 | $14.64B | |
9.86 | $1.67B | |
10.47 | $4.66B | |
0 | $5.51B | |
18.01 | $0 |
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