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Current and historical daily P/E ratio for TAC (TransAlta Corp) from 1990 to Apr 18 2021. The price to earnings ratio is calculated by taking the current stock price and dividing it by the most recent trailing twelve-month earnings per share (EPS) number. The data is updated every 20 minutes during market hours. The P/E ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. Therefore, lower-P/E stocks are more attractive than higher P/E stocks so long as the P/E ratio is positive. Also for stocks with the same P/E ratio, the one with faster growth business is more attractive. TransAlta stock (TAC) PE ratio as of Apr 18 2021 is 0. More Details
TransAlta PE Ratio (TTM) Historical Data
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TransAlta PE Ratio (TTM) Comparison
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110 - 12th Avenue SW, PO Box 1900, Station M, Calgary, AB, CAN, T2R 0G7
TransAlta is an independent power producer based in Alberta, Canada. The company owns more than 70 power plants in Canada, the Western United States, and Australia. TransAlta's net generating capacity is approximately two thirds coal or natural gas-fired. The remaining one third consists primarily of hydroelectric plants and wind energy farms. We expect this mix to shift to more renewable energy as the company retires Alberta coal plants to comply with carbon emissions legislation. TransAlta also has an energy trading and marketing business and owns natural gas transmission lines.