What is the price-to-earnings ratio of TransAlta?
The price-earnings ratio of TransAlta is currently 8.46.
As of Nov 17, 2024, TransAlta's P/E ratio was 8.46, a 110.45% change from the 4.02 P/E ratio recorded in the previous year.
The Price to Earnings (P/E) Ratio of TransAlta is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Assessing TransAlta's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
The P/E ratio of TransAlta is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Fluctuations in TransAlta’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
The price-earnings ratio of TransAlta is currently 8.46.
The price-to-earnings ratio of TransAlta has increased by 110.45% increased compared to last year.
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Yes, the price-to-earnings ratio of TransAlta is high compared to other companies.
An increase in the price-earnings ratio of TransAlta would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
A decrease in the price-earnings ratio of TransAlta would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
Some factors that influence the price-earnings ratio of TransAlta are the company's growth, financial position, industry development, and the overall economic situation.
Over the past 12 months, TransAlta paid a dividend of 0.21 CAD . This corresponds to a dividend yield of about 1.42 %. For the coming 12 months, TransAlta is expected to pay a dividend of 0.2 CAD.
The current dividend yield of TransAlta is 1.42 %.
TransAlta pays a quarterly dividend. This is distributed in the months of March, June, September, December.
TransAlta paid dividends every year for the past 25 years.
For the upcoming 12 months, dividends amounting to 0.2 CAD are expected. This corresponds to a dividend yield of 1.38 %.
TransAlta is assigned to the 'Utilities' sector.
To receive the latest dividend of TransAlta from 1/1/2025 amounting to 0.06 CAD, you needed to have the stock in your portfolio before the ex-date on 11/29/2024.
The last dividend was paid out on 1/1/2025.
In the year 2023, TransAlta distributed 0.205 CAD as dividends.
The dividends of TransAlta are distributed in CAD.
The TransAlta stock can be added to a savings plan with the following providers: Trade Republic
Our stock analysis for TransAlta Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of TransAlta Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.