TransAlta
TAC
#3631
Rank
HK$22.77 B
Marketcap
HK$76.39
Share price
5.38%
Change (1 day)
4.35%
Change (1 year)

TransAlta (TAC) - P/B ratio

P/B ratio as of September 2024 : 2.09

According to TransAlta's latest financial reports the company has a price-to-book ratio of 2.09.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

TransAlta - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year P/B ratio Change
2024-12-31N/A-100%
2023-12-312.0524.54%
2022-12-311.6513.11%
2021-12-311.4688.87%
2020-12-310.771722.76%
2019-12-310.628662.96%
2018-12-310.3858-21.17%
2017-12-310.48937.02%
2016-12-310.457243.82%
2015-12-310.3179-57.35%
2014-12-310.7455-29.36%
2013-12-311.06-8.39%
2012-12-311.15-10.64%
2011-12-311.29-1.83%
2010-12-311.31-13.27%
2009-12-311.51-6.63%
2008-12-311.62-31.42%
2007-12-312.3730.58%
2006-12-311.819.61%
2005-12-311.6559.36%
2004-12-311.04-14.85%
2003-12-311.22-2.24%
2002-12-311.25

P/B ratio for similar companies or competitors

Company P/B ratio differencediff. Country
1.90-9.03%๐Ÿ‡บ๐Ÿ‡ธ USA
1.46-30.27%๐Ÿ‡จ๐Ÿ‡ฆ Canada
1.72-17.97%๐Ÿ‡จ๐Ÿ‡ฆ Canada