TransAlta
TAC
#2970
Rank
$4.29 B
Marketcap
$14.33
Share price
3.02%
Change (1 day)
80.03%
Change (1 year)

TransAlta (TAC) - P/B ratio

P/B ratio as of December 2024 : 3.02

According to TransAlta's latest financial reports the company has a price-to-book ratio of 2.07557.
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
2024-12-312.8237.43%
2023-12-312.0524.54%
2022-12-311.6512.32%
2021-12-311.4790.21%
2020-12-310.771621.84%
2019-12-310.633364.41%
2018-12-310.3852-21.28%
2017-12-310.48937.02%
2016-12-310.457243.97%
2015-12-310.3176-57.42%
2014-12-310.7459-29.37%
2013-12-311.06-8.13%
2012-12-311.15-10.84%
2011-12-311.29-1.7%
2010-12-311.31-13.28%
2009-12-311.51-6.29%
2008-12-311.61-32.93%
2007-12-312.4132.87%
2006-12-311.819.61%
2005-12-311.6544.77%
2004-12-311.14-5.29%
2003-12-311.21-3.25%
2002-12-311.25

P/B ratio for similar companies or competitors

Company P/B ratio P/B ratio differencediff. Country
1.20-60.30%๐Ÿ‡บ๐Ÿ‡ธ USA
1.35-55.16%๐Ÿ‡จ๐Ÿ‡ฆ Canada
1.78-41.16%๐Ÿ‡จ๐Ÿ‡ฆ Canada