What is the price-to-earnings ratio of Alcoa?
The price-earnings ratio of Alcoa is currently 811.44.
Alcoa P/E 2024
Alcoa P/E
811.44
Ticker
AA
ISIN
US0138721065
WKN
A2ASZ7
As of Jul 13, 2024, Alcoa's P/E ratio was 811.44, a -9,176.51% change from the -8.94 P/E ratio recorded in the previous year.
The Alcoa P/E history
Alcoa Aktienanalyse
What does Alcoa do?
Alcoa Corp is a US-American company that has its origins in 1888. It is a leading manufacturer of aluminum products used in industries such as automotive, construction, aerospace, electricity, packaging, and many others. In its early stages, the company mainly produced aluminum oxide from bauxite, a mineral primarily found in Jamaica and Guinea. Aluminum oxide is an important component in the production of aluminum. Over the years, Alcoa Corp has invested heavily in research and development to improve the production of aluminum by melting aluminum oxide into aluminum. Alcoa Corp's business model is based on various divisions, mainly divided into bauxite, aluminum production, and aluminum processing. The company has 16 production facilities worldwide, including six in the US and two in Canada. The "Bauxite" division is currently active on four continents: South America, Africa, Australia, and Europe. Here, the production of raw materials such as bauxite and alumina is carried out, with an annual production capacity of approximately 45 million tons. Alcoa Corp is one of the world leaders in this field. The second major segment of the company is "aluminum production". Here, aluminum smelting and casting technology is applied to the raw materials. The company also offers melting using an integrated supply chain, which is energy efficient. Lastly, the "aluminum processing" business is the company's youngest segment. Alcoa focuses on innovative applications in the casting and rolling processes, serving customers in the aerospace, automotive, and shipbuilding industries. The use of special alloying allows for new unique designs and strength. Alcoa Corp's key products include not only conventional aluminum but also variations such as medium carbon steel and forged parts. Additionally, Alcoa offers aluminum sheets and kits as well as various alloy packages that allow customers to customize the desired properties of the aluminum to be produced. Overall, Alcoa Corp employs approximately 14,000 people worldwide and generated $8.2 billion in revenue in 2019. The company emphasized its continued focus on efficient and environmentally friendly aluminum production. It utilizes resource-saving production technologies and efficient recycling methods to reduce resource consumption and protect the environment. In summary, Alcoa Corp is an innovative manufacturer of aluminum products that is constantly seeking improvement opportunities. The company places great value on environmentally friendly production, environmentally friendly products, and sustainable resource utilization. Alcoa ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Alcoa's P/E Ratio
The Price to Earnings (P/E) Ratio of Alcoa 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.
Year-to-Year Comparison
Assessing Alcoa'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.
Impact on Investments
The P/E ratio of Alcoa 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.
Interpreting P/E Ratio Fluctuations
Fluctuations in Alcoa’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.
Frequently Asked Questions about Alcoa stock
How has the price-earnings ratio of Alcoa changed compared to last year?
The price-to-earnings ratio of Alcoa has increased by -9,176.51% fallen (meaning "decreased" or "dropped") compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of Alcoa high compared to other companies?
Yes, the price-to-earnings ratio of Alcoa is high compared to other companies.
How does an increase in the price-earnings ratio of Alcoa affect the company?
An increase in the price-earnings ratio of Alcoa would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of Alcoa affect the company?
A decrease in the price-earnings ratio of Alcoa would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of Alcoa?
Some factors that influence the price-earnings ratio of Alcoa are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Alcoa pay?
Over the past 12 months, Alcoa paid a dividend of 0.4 USD . This corresponds to a dividend yield of about 1.03 %. For the coming 12 months, Alcoa is expected to pay a dividend of 0.39 USD.
What is the dividend yield of Alcoa?
The current dividend yield of Alcoa is 1.03 %.
When does Alcoa pay dividends?
Alcoa pays a quarterly dividend. This is distributed in the months of September, November, April, June.
How secure is the dividend of Alcoa?
Alcoa paid dividends every year for the past 6 years.
What is the dividend of Alcoa?
For the upcoming 12 months, dividends amounting to 0.39 USD are expected. This corresponds to a dividend yield of 1 %.
In which sector is Alcoa located?
Alcoa is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von Alcoa kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Alcoa from 6/7/2024 amounting to 0.1 USD, you needed to have the stock in your portfolio before the ex-date on 5/20/2024.
When did Alcoa pay the last dividend?
The last dividend was paid out on 6/7/2024.
What was the dividend of Alcoa in the year 2023?
In the year 2023, Alcoa distributed 0.4 USD as dividends.
In which currency does Alcoa pay out the dividend?
The dividends of Alcoa are distributed in USD.
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Andere Kennzahlen von Alcoa
Our stock analysis for Alcoa 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 Alcoa Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
