Arconic Corp (PITTSBURGH) Stock

Arconic Corp (PITTSBURGH) P/E 2024

Arconic Corp (PITTSBURGH) P/E

10.29

Ticker

ARNC

ISIN

US03966V1070

WKN

A2PZZV

As of Dec 21, 2024, Arconic Corp (PITTSBURGH)'s P/E ratio was 10.29, a -31.4% change from the 15 P/E ratio recorded in the previous year.

The Arconic Corp (PITTSBURGH) P/E history

Arconic Corp (PITTSBURGH) Aktienanalyse

What does Arconic Corp (PITTSBURGH) do?

Arconic Corp is a global company headquartered in Pittsburgh, Pennsylvania. The company was spun off from Alcoa Corporation in November 2020 and has been operating as an independent company since then. Arconic has a long history dating back to the founding of Alcoa in 1888. In 1957, Alcoa was forced by the government to dissolve its own companies to promote competition. This resulted in the creation of three independent companies: Alcoa (a primary aluminum producer), Arconic (a major supplier of aluminum semi-finished products), and Howmet Aerospace (a manufacturer of aerospace components). Arconic is divided into four business segments: Engineered Products and Solutions, Rolled Products, Extrusions, and Building and Construction Systems. The Engineered Products and Solutions segment offers custom precision-engineered components and assemblies that can be used in a variety of industries and applications, including aerospace, automotive, defense, energy, and medical devices. The products also include superalloys that can be used in extreme conditions, as well as components for turbines and aircraft. The Rolled Products segment manufactures a wide range of rolled products, including aluminum sheets, plates, and foils. These products are used in various applications, including aerospace, transportation, construction, and packaging. The company is also a leading supplier of aluminum truck wheels. The Extrusions segment offers custom aluminum profiles and shapes that are used in various applications such as architecture, transportation, packaging, and electronics. The profiles can be manufactured in different shapes and sizes, including structural components, decorative surfaces, and custom designs. The Building and Construction Systems segment offers solutions for facades, windows, and doors that are used in various types of buildings. The products are made from various materials such as aluminum, steel, and glass, and provide a good combination of weather resistance, energy efficiency, and aesthetics. Arconic has numerous manufacturing facilities around the world that offer a wide range of products and services. The company also has a strong research and development presence, allowing it to develop innovative products and technologies that meet the needs of its customers. Overall, Arconic offers a wide range of products and services that can be used in various industries and applications. The company is committed to supporting its customers through innovative products and solutions while also ensuring sustainability and environmental consciousness. Arconic Corp (PITTSBURGH) ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Arconic Corp (PITTSBURGH)'s P/E Ratio

The Price to Earnings (P/E) Ratio of Arconic Corp (PITTSBURGH) 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 Arconic Corp (PITTSBURGH)'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 Arconic Corp (PITTSBURGH) 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 Arconic Corp (PITTSBURGH)’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 Arconic Corp (PITTSBURGH) stock

What is the price-to-earnings ratio of Arconic Corp (PITTSBURGH)?

The price-earnings ratio of Arconic Corp (PITTSBURGH) is currently 10.29.

How has the price-earnings ratio of Arconic Corp (PITTSBURGH) changed compared to last year?

The price-to-earnings ratio of Arconic Corp (PITTSBURGH) has increased by -31.4% 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 Arconic Corp (PITTSBURGH) high compared to other companies?

Yes, the price-to-earnings ratio of Arconic Corp (PITTSBURGH) is high compared to other companies.

How does an increase in the price-earnings ratio of Arconic Corp (PITTSBURGH) affect the company?

An increase in the price-earnings ratio of Arconic Corp (PITTSBURGH) 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 Arconic Corp (PITTSBURGH) affect the company?

A decrease in the price-earnings ratio of Arconic Corp (PITTSBURGH) 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 Arconic Corp (PITTSBURGH)?

Some factors that influence the price-earnings ratio of Arconic Corp (PITTSBURGH) are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Arconic Corp (PITTSBURGH) pay?

Over the past 12 months, Arconic Corp (PITTSBURGH) paid a dividend of 0.02 USD . This corresponds to a dividend yield of about 0.07 %. For the coming 12 months, Arconic Corp (PITTSBURGH) is expected to pay a dividend of 0.37 USD.

What is the dividend yield of Arconic Corp (PITTSBURGH)?

The current dividend yield of Arconic Corp (PITTSBURGH) is 0.07 %.

When does Arconic Corp (PITTSBURGH) pay dividends?

Arconic Corp (PITTSBURGH) pays a quarterly dividend. This is distributed in the months of March, September, December, March.

How secure is the dividend of Arconic Corp (PITTSBURGH)?

Arconic Corp (PITTSBURGH) paid dividends every year for the past 4 years.

What is the dividend of Arconic Corp (PITTSBURGH)?

For the upcoming 12 months, dividends amounting to 0.37 USD are expected. This corresponds to a dividend yield of 1.24 %.

In which sector is Arconic Corp (PITTSBURGH) located?

Arconic Corp (PITTSBURGH) is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Arconic Corp (PITTSBURGH) kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Arconic Corp (PITTSBURGH) from 2/25/2020 amounting to 0.02 USD, you needed to have the stock in your portfolio before the ex-date on 2/6/2020.

When did Arconic Corp (PITTSBURGH) pay the last dividend?

The last dividend was paid out on 2/25/2020.

What was the dividend of Arconic Corp (PITTSBURGH) in the year 2023?

In the year 2023, Arconic Corp (PITTSBURGH) distributed 0 USD as dividends.

In which currency does Arconic Corp (PITTSBURGH) pay out the dividend?

The dividends of Arconic Corp (PITTSBURGH) are distributed in USD.

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Andere Kennzahlen von Arconic Corp (PITTSBURGH)

Our stock analysis for Arconic Corp (PITTSBURGH) 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 Arconic Corp (PITTSBURGH) Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.