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Note: If the price history is too short, we do not calculate current Shiller PE for this stock. All the historical data is shown as the company's primary share's data instead.
The historical data trend for Alcoa's Shiller PE Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Alcoa Annual Data | |||||||||||||||||||||
Trend | Dec06 | Dec07 | Dec08 | Dec09 | Dec10 | Dec11 | Dec12 | Dec13 | Dec14 | Dec15 | |||||||||||
Shiller PE Ratio | Get a 7-Day Free Trial | - | - | - | 29.06 | 45.85 |
Alcoa Quarterly Data | ||||||||||||||||||||
Dec11 | Mar12 | Jun12 | Sep12 | Dec12 | Mar13 | Jun13 | Sep13 | Dec13 | Mar14 | Jun14 | Sep14 | Dec14 | Mar15 | Jun15 | Sep15 | Dec15 | Mar16 | Jun16 | Sep16 | |
Shiller PE Ratio | Get a 7-Day Free Trial | 36.26 | 45.85 | 59.14 | 88.56 | 134.63 |
For the Aluminum subindustry, Alcoa's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Metals & Mining industry and Basic Materials sector, Alcoa's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Alcoa's Shiller PE Ratio falls into.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.
Alcoa's E10 for the quarter that ended in Sep. 2016 is calculated as:
For example, Alcoa's adjusted earnings per share data for the three months ended in Sep. 2016 was:
Adj_EPS | = | Earnings per Share (Diluted) | / | CPI of Sep. 2016 (Change) | * | Current CPI (Sep. 2016) |
= | 0 | / | 101.8610 | * | 101.8610 | |
= | 0.000 |
Current CPI (Sep. 2016) = 101.8610.
Alcoa Quarterly Data
Earnings per Share (Diluted) | CPI | Adj_EPS | |
200612 | 0.000 | 85.142 | 0.000 |
200703 | 0.000 | 86.640 | 0.000 |
200706 | 0.000 | 87.906 | 0.000 |
200709 | 0.000 | 87.964 | 0.000 |
200712 | 0.000 | 88.616 | 0.000 |
200803 | 0.000 | 90.090 | 0.000 |
200806 | 0.000 | 92.320 | 0.000 |
200809 | 0.000 | 92.307 | 0.000 |
200812 | 0.000 | 88.697 | 0.000 |
200903 | 0.000 | 89.744 | 0.000 |
200906 | 0.000 | 91.003 | 0.000 |
200909 | 0.000 | 91.120 | 0.000 |
200912 | 0.000 | 91.111 | 0.000 |
201003 | 0.000 | 91.821 | 0.000 |
201006 | 0.000 | 91.962 | 0.000 |
201009 | 0.000 | 92.162 | 0.000 |
201012 | 0.000 | 92.474 | 0.000 |
201103 | 0.000 | 94.283 | 0.000 |
201106 | 0.000 | 95.235 | 0.000 |
201109 | 0.000 | 95.727 | 0.000 |
201112 | 0.000 | 95.213 | 0.000 |
201203 | 0.000 | 96.783 | 0.000 |
201206 | 0.000 | 96.819 | 0.000 |
201209 | 0.000 | 97.633 | 0.000 |
201212 | 0.000 | 96.871 | 0.000 |
201303 | 0.000 | 98.209 | 0.000 |
201306 | 0.000 | 98.518 | 0.000 |
201309 | 0.000 | 98.790 | 0.000 |
201312 | 0.000 | 98.326 | 0.000 |
201403 | 0.000 | 99.695 | 0.000 |
201406 | 0.000 | 100.560 | 0.000 |
201409 | 0.000 | 100.428 | 0.000 |
201412 | 0.000 | 99.070 | 0.000 |
201503 | 0.000 | 99.621 | 0.000 |
201506 | 0.000 | 100.684 | 0.000 |
201509 | 0.000 | 100.392 | 0.000 |
201512 | 0.000 | 99.792 | 0.000 |
201603 | 0.000 | 100.470 | 0.000 |
201606 | 0.000 | 101.688 | 0.000 |
201609 | 0.000 | 101.861 | 0.000 |
Add all the adjusted EPS together and divide 10 will get our E10.
Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.
Alcoa (AMEX:ARNC.PR.PFD) Shiller PE Ratio Explanation
Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.
Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.
Be Aware
Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.
Thank you for viewing the detailed overview of Alcoa's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Joseph S Cantie | director | C/O DELPHI AUTOMOTIVE, 5725 DELPHI DRIVE, TROY MI 48098 |
Amy E Alving | director | ARCONIC INC., 390 PARK AVENUE, NEW YORK NY 10022 |
Tolga I Oal | director, officer: Co-Chief Executive Officer | 201 ISABELLA STREET, PITTSTBURGH PA 15212 |
John C Plant | director, officer: Chairman and Co-CEO | C/O MASCO CORPORATION, 17450 COLLEGE PARKWAY, LIVONIA MI 48152 |
Jody Miller | director | 225 SOUTH SIXTH STREET, 9TH FLOOR, MINNEAPOLIS MN 55402 |
James F Albaugh | director | C/O THE BOEING COMPANY, 100 NORTH RIVERSIDE PLAZA, CHICAGO IL 60606 |
Ulrich Schmidt | director | PRECISION CASTPARTS CORP., 4650 SW MACADAM AVENUE, SUITE 400, PORTLAND OR 97239 |
Nicole Weyerhaeuser Piasecki | director | 2000 WELLS FARGO PLACE, 30 EAST 7TH STREET, SAINT PAUL MN 55101-4930 |
Robert F Leduc | director | UNITED TECHNOLOGIES CORP, 10 FARM SPRINGS ROAD, FARMINGTON CT 06032 |
David J Miller | director | C/O ELLIOTT MANAGEMENT CORPORATION, 40 WEST 57TH STREET, NEW YORK NY 10019 |
Neil Edward Marchuk | officer: EVP, HR | 12025 TECH CENTER DRIVE, LIVONIA MI 48150 |
Katherine H Ramundo | officer: CLO and Corporate Secretary | C/O APTIV, 5725 INNOVATION DRIVE, TROY MI 48098 |
W Paul Myron | officer: Vice President and Controller | ALCOA INC., 390 PARK AVENUE, NEW YORK NY 10022-4608 |
Ken Giacobbe | officer: CFO | ALCOA INC., 390 PARK AVENUE, NEW YORK NY 10022-4608 |
Timothy Donald Myers | officer: Executive Vice President | ALCOA INC., 390 PARK AVENUE, NEW YORK NY 10022-4608 |
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