TAC (TransAlta) Shiller PE Ratio: (As of Sep. 06, 2026)

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TAC TransAlta Corp TAC
57 GF Score
Price $11.96
GF Value $8.37
Valuation Significantly Overvalued
! 4 Warning Signs
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What is TransAlta Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


TransAlta  (NYSE:TAC) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


TransAlta Shiller PE Ratio Related Terms


TransAlta Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for TransAlta's Shiller PE Ratio 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.

TransAlta Shiller PE Ratio Chart

TransAlta Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

TransAlta Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

TAC vs CEG, VST, NRG: Shiller PE Ratio Comparison

For the Utilities - Independent Power Producers subindustry, TransAlta's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio 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.


TransAlta Shiller PE Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, TransAlta's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where TransAlta's Shiller PE Ratio falls into.


TAC
57GF Score
TransAlta Corp TAC
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TransAlta Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

TransAlta's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, TransAlta's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.086/133.5265*133.5265
=0.086

Current CPI (Jun. 2026) = 133.5265.

TransAlta Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 -0.031 101.765 -0.041
201612 0.165 101.449 0.217
201703 0.000 102.634 0.000
201706 -0.045 103.029 -0.058
201709 -0.073 103.345 -0.094
201712 -0.394 103.345 -0.509
201803 0.178 105.004 0.226
201806 -0.274 105.557 -0.347
201809 -0.230 105.636 -0.291
201812 -0.313 105.399 -0.397
201903 -0.172 106.979 -0.215
201906 0.000 107.690 0.000
201909 0.136 107.611 0.169
201912 0.175 107.769 0.217
202003 0.072 107.927 0.089
202006 -0.162 108.401 -0.200
202009 -0.378 108.164 -0.467
202012 -0.476 108.559 -0.585
202103 -0.088 110.298 -0.107
202106 -0.033 111.720 -0.039
202109 -1.326 112.905 -1.568
202112 -0.227 113.774 -0.266
202203 0.545 117.646 0.619
202206 -0.234 120.806 -0.259
202209 0.172 120.648 0.190
202212 -0.449 120.964 -0.496
202303 0.804 122.702 0.875
202306 0.173 124.203 0.186
202309 1.042 125.230 1.111
202312 -0.313 125.072 -0.334
202403 0.532 126.258 0.563
202406 0.131 127.522 0.137
202409 -0.089 127.285 -0.093
202412 -0.147 127.364 -0.154
202503 0.104 129.181 0.107
202506 -0.278 129.892 -0.286
202509 -0.145 130.287 -0.149
202512 -0.152 130.366 -0.156
202603 0.029 132.262 0.029
202606 0.086 133.527 0.086

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Is TransAlta (TAC) Overvalued in 2026?

Based on GuruFocus' analysis, TransAlta stock appears to be overvalued. The current stock price of $11.96 is trading 42.9% above its estimated GF Value™ of $8.37. GuruFocus considers TransAlta to be Significantly Overvalued.

Key valuation signals for TAC:

  • Shiller PE Ratio:
  • GF Value™: $8.37 vs. price of $11.96 (42.9% above fair value)
  • GF Score™: 57/100 with 4 warning signs

No single metric tells the full story. See the TAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TransAlta Business Description

Address 1100 1st Street SE, TransAlta Place, Suite 1400, Calgary, AB, CAN, T2G 1B1
TransAlta Corp is an independent power producer based in Alberta, Canada. The company operates a diverse electrical power generation assets in Canada, the United States, and Western Australia. The company has reportable segments namely, Hydro, Wind & Solar, Gas, Energy Transition segment and Corporate Segment. The company generates the majority of its revenue from the gas segment.
57GF Score

Get the complete analysis for TAC

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$11.96
Price
$8.37
GF Value