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TransAlta Renewables Inc. TransAlta Renewables Inc.

TransAlta Renewables Inc.

RNW
Rank in Stocks #5784
TransAlta Renewables Inc. specializes in the creation, ownership, and ongoing... TransAlta Renewables Inc. specializes in the creation, ownership, and ongoing management of sustainable energy generation facilities. Its operational structure is delineated into segments encompassing wind, hydro, and natural gas assets in Canada; wind, solar, and natural gas assets in the United States; and natural gas operations in Australia. By February 24, 2022, the company's extensive portfolio boasted 2,968 megawatts of net generating capacity, sourced from 26 wind farms, 13 hydroelectric sites, 8 natural gas power plants, 2 solar installations, a natural gas pipeline, and a battery storage project. These assets are strategically located across diverse regions, including the Canadian provinces of British Columbia, Alberta, Ontario, Québec, and New Brunswick; American states such as Pennsylvania, New Hampshire, Wyoming, Massachusetts, Michigan, Minnesota, Washington, and North Carolina; and Western Australia. Founded in 2013, the firm's corporate headquarters are situated in Calgary, Canada, and it functions as a subsidiary of TransAlta Corporation.
Share Price
$9.16
Last synced: 2023-10-10
Market Cap
$2.44B
Change (1 day)
1.56%
Change (1 year)
0.00%
Country
CA
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P/E ratio for TransAlta Renewables Inc. (RNW)
P/E ratio as of 2026 TTM: 0
According to TransAlta Renewables Inc. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2026 the company had a P/E ratio of 0.
P/E ratio history for TransAlta Renewables Inc. from 2026 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
Not enough data for the provided dates.
P/E ratio for similar companies or competitors
How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.

Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.