GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alcoa Inc (AMEX:ARNC.PR.PFD) » Definitions » Forward PE Ratio

Alcoa (ARNC.PR.PFD) Forward PE Ratio : 21.93 (As of Apr. 30, 2024)


View and export this data going back to 1972. Start your Free Trial

What is Alcoa Forward PE Ratio?

Alcoa's Forward PE Ratio for today is 21.93.

Alcoa's PE Ratio without NRI for today is 0.00.

Alcoa's PE Ratio for today is 0.00.


Alcoa Forward PE Ratio Historical Data

The historical data trend for Alcoa's Forward 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.

* Premium members only.

Alcoa Forward PE Ratio Chart

Alcoa Annual Data
Trend
Forward PE Ratio

Alcoa Quarterly Data
Forward PE Ratio

Competitive Comparison of Alcoa's Forward PE Ratio

For the Aluminum subindustry, Alcoa's Forward PE Ratio, along with its competitors' market caps and Forward 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.


Alcoa's Forward PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Alcoa's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Alcoa's Forward PE Ratio falls into.



Alcoa Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.


Alcoa  (AMEX:ARNC.PR.PFD) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .


Alcoa Forward PE Ratio Related Terms

Thank you for viewing the detailed overview of Alcoa's Forward PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Alcoa (ARNC.PR.PFD) Business Description

Traded in Other Exchanges
N/A
Address
Arconic Inc, formerly known as Alcoa Inc was first incorporated as the Pittsburgh Reduction Company on October 1, 1888. The Company is engaged in manufacturing and engineering lightweight metals. Its products include aluminum, titanium, and nickel, used in aerospace, automotive, commercial transportation, packaging, building and construction, oil and gas, defense, consumer electronics, and industrial applications. The Company is also engaged in the production and management of aluminum, fabricated aluminum, and alumina combined, through its active participation in all aspects of the industry: technology, mining, refining, smelting, fabricating, and recycling. It has investments and operating activities in, among others, Australia, Brazil, China, Guinea, Iceland, Russia, and Saudi Arabia. The Company operates in segments including Global Rolled Products, Engineered Products and Solutions, and Transportation and Construction Solutions. The Company's Global Rolled Products segment represents its midstream operations. The Engineered Products and Solutions segment represents a portion of the Company's downstream operations. Its downstream portfolio includes two segments Engineered Products and Solutions and Transportation and Construction Solutions. The Engineered Products and Solutions consist of Alcoa Titanium & Engineered Products; Alcoa Fastening Systems & Rings; Alcoa Forgings and Extrusions; and Alcoa Power and Propulsion. The Company's Transportation and Construction Solutions segment represents a portion of its downstream operations. The raw materials used includes bauxite, alloying materials, caustic soda, alumina, electricity, aluminum fluoride, fuel oil, calcined petroleum coke, lime (CaO), cathode blocks, natural gas, electricity, liquid pitch, natural gas, titanium alloys, titanium sponge and resin. The Company's trademark products include Howmet metal castings, Huck fasteners, Kawneer building panels and Dura-Bright wheels with easy-clean surface treatments.
Executives
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

Alcoa (ARNC.PR.PFD) Headlines

From GuruFocus

Gurus Trim Positions in Alcoa and Netflix

By James Li James Li 09-27-2016

Fan Blades - Analysts Adding Value

By John Huber John Huber 09-19-2016

Steven Romick Comments on Alcoa

By Holly LaFon Holly LaFon 02-01-2016

Hedge Fund Managers Are Bullish on Alcoa

By Omar Venerio Omar Venerio 08-18-2015

Alcoa Is Worth Buying for the Long Term

By Faisal Humayun Faisal Humayun 04-12-2016

An Analysis of Alcoa's Key Growth Drivers

By techjunk13 techjunk13 04-22-2015

Alcoa Posts Solid Q1 Earnings

By Market News Forum Market News Forum 04-10-2015

Singer Buys 5% of Klarman Holding Alcoa, Calls It 'Undervalued'

By Holly LaFon Holly LaFon 11-23-2015

Paul Singer Invests in Stake in Alcoa

By Kyle Ferguson Kyle Ferguson 03-08-2016

Should You Buy Alcoa Now or After the Split?

By Nicholas Kitonyi Nicholas Kitonyi 05-26-2016