Transalta (TAC) has a P/E ratio of -66.82, below the Utilities sector average of 18.31.
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The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.
As of the most recent data, TAC shows a P/E ratio of -66.82. That is below the Utilities sector average of 18.31. Scroll down for historical charts and peer comparison views.
The Utilities sector average P/E ratio is about 18.31. Transalta is at -66.82, which is lower that average. That is roughly 464.9% below the sector mean. Use the comparison chart on this page to see how TAC stacks up against individual peers as well.
Investors watch TAC's P/E ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. Transalta's latest reading is -66.82. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this p/e ratio page, Stockcircle has Transalta's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect P/E ratio (currently -66.82) with ownership activity and broader fundamentals.
The Utilities average P/E ratio is about 18.31, while TAC is at -66.82. Typical ranges vary by sub-industry, so always sanity-check against the closest competitors, not just the whole sector bucket.