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Arconic (DELISTED:ARNC) Shiller PE Ratio : 46.86 (As of May. 06, 2024)


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What is Arconic Shiller PE Ratio?

As of today (2024-05-06), Arconic's current share price is ARS51.55. Arconic's E10 for the quarter that ended in Sep. 2016 was ARS1.10. Arconic's Shiller PE Ratio for today is 46.86.

The historical rank and industry rank for Arconic's Shiller PE Ratio or its related term are showing as below:

DELISTED:ARNC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 29.05   Med: 45.81   Max: 136.11
Current: 134.63

During the past years, Arconic's highest Shiller PE Ratio was 136.11. The lowest was 29.05. And the median was 45.81.

DELISTED:ARNC's Shiller PE Ratio is not ranked
in the Metals & Mining industry.
Industry Median: 23.03 vs DELISTED:ARNC: 134.63

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Arconic's adjusted earnings per share data for the three months ended in Sep. 2016 was ARS29.535. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ARS1.10 for the trailing ten years ended in Sep. 2016.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arconic Shiller PE Ratio Historical Data

The historical data trend for Arconic'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.

* Premium members only.

Arconic Shiller PE Ratio Chart

Arconic Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 29.06 45.85

Arconic 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.26 45.85 59.14 88.56 134.63

Competitive Comparison of Arconic's Shiller PE Ratio

For the Aluminum subindustry, Arconic'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.


Arconic's Shiller PE Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Arconic's Shiller PE Ratio falls into.



Arconic Shiller PE Ratio Calculation

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.

Arconic's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=51.55/1.1
=46.86

* 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.

Arconic's E10 for the quarter that ended in Sep. 2016 is calculated as:

For example, Arconic'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)
=29.535/101.8610*101.8610
=29.535

Current CPI (Sep. 2016) = 101.8610.

Arconic Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200612 22.598 85.142 27.036
200703 41.850 86.640 49.202
200706 45.096 87.906 52.255
200709 35.721 87.964 41.364
200712 42.512 88.616 48.866
200803 21.099 90.090 23.856
200806 35.937 92.320 39.651
200809 18.622 92.307 20.549
200812 -90.745 88.697 -104.212
200903 -40.846 89.744 -46.361
200906 -32.123 91.003 -35.956
200909 5.534 91.120 6.186
200912 -19.152 91.111 -21.412
201003 -13.961 91.821 -15.488
201006 9.199 91.962 10.189
201009 4.277 92.162 4.727
201012 17.892 92.474 19.708
201103 19.702 94.283 21.286
201106 20.714 95.235 22.155
201109 11.354 95.727 12.082
201112 -13.945 95.213 -14.919
201203 7.094 96.783 7.466
201206 -0.154 96.819 -0.162
201209 -10.991 97.633 -11.467
201212 20.369 96.871 21.418
201303 11.904 98.209 12.347
201306 -10.553 98.518 -10.911
201309 2.065 98.790 2.129
201312 -249.844 98.326 -258.827
201403 -22.836 99.695 -23.332
201406 17.550 100.560 17.777
201409 18.185 100.428 18.445
201412 18.470 99.070 18.990
201503 22.226 99.621 22.726
201506 16.356 100.684 16.547
201509 3.385 100.392 3.435
201512 -133.572 99.792 -136.341
201603 3.198 100.470 3.242
201606 22.647 101.688 22.686
201609 29.535 101.861 29.535

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.


Arconic  (DELISTED:ARNC) 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.


Arconic Shiller PE Ratio Related Terms

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


Arconic (DELISTED:ARNC) 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.