TransAlta
TAC
$6.63
Share price
-2.93%
Change (1 day)
-25.67%
Change (1 year)
Categories
TransAlta (TAC) - P/B ratio
P/B ratio as of April 2024 : 1.62
According to TransAlta's latest financial reports the company has a price-to-book ratio of 1.62.
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 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 2.05 | 24.69% |
| 2022-12-31 | 1.64 | 11.98% |
| 2021-12-31 | 1.47 | 90.21% |
| 2020-12-31 | 0.7716 | 21.84% |
| 2019-12-31 | 0.6333 | 64.41% |
| 2018-12-31 | 0.3852 | -21.33% |
| 2017-12-31 | 0.4897 | 7.13% |
| 2016-12-31 | 0.4571 | 43.92% |
| 2015-12-31 | 0.3176 | -57.42% |
| 2014-12-31 | 0.7459 | -29.37% |
| 2013-12-31 | 1.06 | -8.13% |
| 2012-12-31 | 1.15 | -11.17% |
| 2011-12-31 | 1.29 | -1.34% |
| 2010-12-31 | 1.31 | -13.28% |
| 2009-12-31 | 1.51 | -6.29% |
| 2008-12-31 | 1.61 | -32.93% |
| 2007-12-31 | 2.41 | 32.87% |
| 2006-12-31 | 1.81 | 9.54% |
| 2005-12-31 | 1.65 | 44.87% |
| 2004-12-31 | 1.14 | -5.29% |
| 2003-12-31 | 1.21 | 11.9% |
| 2002-12-31 | 1.08 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 AES AES | 2.04 | 26.00% | 🇺🇸 USA |
 Suncor Energy
SU | 1.65 | 1.61% | 🇨🇦 Canada |
 Enbridge ENB | 1.56 | -3.63% | 🇨🇦 Canada |