Taqa MoroccoCAS:TQM 74 PE Ratio (TTM) is 42.81 as of Jul. 05, 2026, which is 96% above its 10-year median of 21.79. GuruFocus rates CAS:TQM with a GF Score™ of 74/100 and a GF Value™ of MAD1,228.85 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 279 Utilities - Independent Power Producers companies, Taqa Morocco ranks worse than 76.7% on this metric.
The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-07-05), Taqa Morocco's share price is
MAD1780.00.
Taqa Morocco's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was MAD41.58. Therefore, Taqa Morocco's PE Ratio (TTM) for today is 42.81.
Good Sign:
Taqa Morocco SA stock PE Ratio (=42.81) is close to 1-year low of 41.37.
The historical rank and industry rank for Taqa Morocco's PE Ratio (TTM) or its related term are showing as below:
CAS:TQM'
s PE Ratio (TTM) Range Over the Past 10 Years
Min: 15.48 Med: 21.79 Max: 69.24
Current: 42.81
During the past 13 years, the highest PE Ratio (TTM) of Taqa Morocco was 69.24. The lowest was 15.48. And the median was 21.79.
Taqa Morocco's EPS without NRI for the
six
months ended in Dec. 2025 was MAD23.06.
Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was MAD41.58.
During the past 12 months, Taqa Morocco's average EPS without NRIGrowth Rate was -10.40% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was -9.90% per year.
During the past 5 years, the average EPS without NRIGrowth Rate was 0.70% per year.
During the past 10 years, the average EPS without NRIGrowth Rate was 0.50% per year.
During the past 13 years, Taqa Morocco's highest 3-Year average EPS without NRI Growth Rate was 29.20% per year. The lowest was -9.90% per year. And the median was 2.80% per year.
Taqa Morocco's EPS (Basic) for the
six
months ended in Dec. 2025 was MAD23.06.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was MAD41.58.
Taqa Morocco (CAS:TQM) PE Ratio (TTM) Explanation
The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.
In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.
If a company loses money, the PE Ratio (TTM) becomes meaningless.
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.
Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.
Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .
PE Ratio (TTM) can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio (TTM).
Taqa Morocco PE Ratio (TTM) Related Terms
Taqa Morocco PE Ratio (TTM) Historical Data
* Premium members only.
The historical data trend for Taqa Morocco's PE Ratio (TTM) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CAS:TQM vs CEG, VST, NRG: PE Ratio (TTM) Comparison
For the Utilities - Independent Power Producers subindustry, Taqa Morocco's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Taqa Morocco PE Ratio (TTM) vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Taqa Morocco's PE Ratio (TTM) distribution charts can be found below:
* The bar in red indicates where Taqa Morocco's PE Ratio (TTM) falls into.
The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.
Taqa Morocco's PE Ratio (TTM) for today is calculated as
Taqa Morocco's Share Price of today is MAD1780.00.
For company reported semi-annually, Taqa Morocco's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was MAD41.58.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.
In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.
Taqa Morocco (CAS:TQM) has a PE Ratio (TTM) of 42.81 as of Jul. 05, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Taqa Morocco and its competitors. This is 96% above median its historical median of 21.79. Over the past decade, Taqa Morocco's PE Ratio (TTM) has ranged from 15.48 to 69.24. According to the industry distribution chart, Taqa Morocco ranks #214 out of 279 companies in the Utilities - Independent Power Producers industry, placing it in the top 76.7%.
Is Taqa Morocco's PE Ratio (TTM) too high?
Taqa Morocco's current PE Ratio (TTM) of 42.81 is 96% above median its 10-year median of 21.79. Over the past 10 years, this metric has ranged from a low of 15.48 to a high of 69.24. The Utilities - Independent Power Producers industry median PE Ratio (TTM) is 17.38. Taqa Morocco's value of 42.81 is 146.3% above this industry median. Based on the distribution chart, Taqa Morocco ranks #214 out of 279 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Taqa Morocco has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taqa Morocco's PE Ratio (TTM) compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Taqa Morocco ranks #214 out of 279 companies for PE Ratio (TTM). This places Taqa Morocco in the lower half of its industry. The industry median PE Ratio (TTM) is 17.38. Taqa Morocco's value of 42.81 is 146.3% above this benchmark. Historically, Taqa Morocco's own PE Ratio (TTM) has ranged from 15.48 to 69.24 over the past decade. While the company's 10-year median is 21.79 vs. the industry median of 17.38, Taqa Morocco has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio (TTM) for an Utilities - Independent Power Producers company?
The median PE Ratio (TTM) among Utilities - Independent Power Producers companies is 17.38, based on 279 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Taqa Morocco's current PE Ratio (TTM) of 42.81 is 146.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PE Ratio (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Taqa Morocco and its competitors. For the Utilities - Independent Power Producers industry, the median PE Ratio (TTM) is 17.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taqa Morocco's current PE Ratio (TTM) is 42.81, which is 96% above median its own 10-year median of 21.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taqa Morocco stock overvalued right now?
Based on GuruFocus' analysis, Taqa Morocco (CAS:TQM) is currently considered Significantly Overvalued. The stock's GF Value™ is MAD1,228.85, compared to a current price of MAD1,780.00 — trading 44.9% above its estimated fair value. The current PE Ratio (TTM) is 42.81, which is 96% above median its 10-year median of 21.79 and 146.3% above the Utilities - Independent Power Producers industry median of 17.38. Taqa Morocco's overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For Taqa Morocco (CAS:TQM), the current PE Ratio (TTM) is 42.81 as of Jul. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Taqa Morocco (CAS:TQM) Overvalued in 2026?
Based on GuruFocus' analysis, Taqa Morocco stock appears to be overvalued.
The current stock price of MAD1,780.00 is trading 44.9% above its estimated GF Value™ of MAD1,228.85.
GuruFocus considers Taqa Morocco to be Significantly Overvalued.
Key valuation signals for CAS:TQM:
PE Ratio (TTM): 42.81 (96% above median its 10-year median of 21.79)
GF Value™: MAD1,228.85 vs. price of MAD1,780.00 (44.9% above fair value)
Industry Position: 146.3% above the Utilities - Independent Power Producers median (#214 of 279)
No single metric tells the full story. See the CAS:TQM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taqa Morocco SA is a producer of electricity in Morocco. The company provides associated activities in the oil and gas sectors, the storage of the oil and gas products, electricity and water as well as transport infrastructure across Canada, Ghana, India, Iraq, Morocco, the Netherlands, Oman, Saudi Arabia, the United Arab Emirates, the United Kingdom, and the United States.
74GF Score
Get the complete analysis for CAS:TQM
PE Ratio (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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