Alcoa Price Earnings To Growth Ratio from 2010 to 2024

AA Stock  USD 45.47  0.98  2.11%   
Alcoa Corp's Price Earnings To Growth Ratio is increasing over the years with very volatile fluctuation. Price Earnings To Growth Ratio is expected to dwindle to 0.01. From 2010 to 2024 Alcoa Corp Price Earnings To Growth Ratio quarterly data regression line had arithmetic mean of  0.62 and r-squared of  0.000026. View All Fundamentals
 
Price Earnings To Growth Ratio  
First Reported
2010-12-31
Previous Quarter
0.00768881
Current Value
0.007304
Quarterly Volatility
1.86235406
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Alcoa Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alcoa Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 599.3 M, Interest Expense of 147.5 M or Selling General Administrative of 231 M, as well as many indicators such as Price To Sales Ratio of 0.43, Dividend Yield of 0.006 or PTB Ratio of 1.02. Alcoa financial statements analysis is a perfect complement when working with Alcoa Corp Valuation or Volatility modules.
  
Check out the analysis of Alcoa Corp Correlation against competitors.
For information on how to trade Alcoa Stock refer to our How to Trade Alcoa Stock guide.

Latest Alcoa Corp's Price Earnings To Growth Ratio Growth Pattern

Below is the plot of the Price Earnings To Growth Ratio of Alcoa Corp over the last few years. It is Alcoa Corp's Price Earnings To Growth Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alcoa Corp's overall financial position and show how it may be relating to other accounts over time.
Price Earnings To Growth Ratio10 Years Trend
Very volatile
   Price Earnings To Growth Ratio   
       Timeline  

Alcoa Price Earnings To Growth Ratio Regression Statistics

Arithmetic Mean0.62
Geometric Mean0.15
Coefficient Of Variation302.24
Mean Deviation1.11
Median0.24
Standard Deviation1.86
Sample Variance3.47
Range8.0603
R-Value0.01
Mean Square Error3.74
R-Squared0.000026
Significance0.99
Slope0
Total Sum of Squares48.56

Alcoa Price Earnings To Growth Ratio History

2024 0.007304
2023 0.007689
2022 -1.63
2021 -0.008155
2020 3.11
2019 0.009762
2018 6.43

About Alcoa Corp Financial Statements

Alcoa Corp stakeholders use historical fundamental indicators, such as Alcoa Corp's Price Earnings To Growth Ratio, to determine how well the company is positioned to perform in the future. Although Alcoa Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in Alcoa Corp's assets and liabilities are reflected in the revenues and expenses on Alcoa Corp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Alcoa Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Earnings To Growth Ratio 0.01  0.01 

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Check out the analysis of Alcoa Corp Correlation against competitors.
For information on how to trade Alcoa Stock refer to our How to Trade Alcoa Stock guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alcoa Corp. If investors know Alcoa will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alcoa Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.81
Dividend Share
0.4
Earnings Share
(1.56)
Revenue Per Share
57.238
Quarterly Revenue Growth
0.116
The market value of Alcoa Corp is measured differently than its book value, which is the value of Alcoa that is recorded on the company's balance sheet. Investors also form their own opinion of Alcoa Corp's value that differs from its market value or its book value, called intrinsic value, which is Alcoa Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alcoa Corp's market value can be influenced by many factors that don't directly affect Alcoa Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alcoa Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alcoa Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alcoa Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.