As of 2025-10-21, the Relative Valuation of TransAlta Corp (TA.TO) is 21.36 CAD. This relative valuation is based on P/E multiples. With the latest stock price at 23.20 CAD, the upside of TransAlta Corp based on Relative Valuation is -7.9%.
The range of the Relative Valuation is 20.15 - 22.81 CAD.
| Range | Selected | |
| Trailing P/E multiples | - | - |
| Forward P/E multiples | 20.0x - 22.6x | 21.2x |
| Fair Price | 20.15 - 22.81 | 21.36 |
| Upside | -13.1% - -1.7% | -7.9% |
| Date | P/E |