Alcoa (HAM:185) Cyclically Adjusted Revenue per Share: €67.51 (As of Jun. 2026)

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HAM:185 Alcoa Corp HAM:185
67 GF Score
Price €40.99
GF Value €28.63
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Alcoa Cyclically Adjusted Revenue per Share?

Alcoa HAM:185 +1.76% 67 Cyclically Adjusted Revenue per Share is €67.51 as of Jun. 2026. GuruFocus rates HAM:185 with a GF Score™ of 67/100 and a GF Value™ of €28.63 (Significantly Overvalued). The stock has 8 warning signs investors should review.

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Alcoa's adjusted revenue per share for the three months ended in Jun. 2026 was €12.228. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €67.51 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Alcoa's average Cyclically Adjusted Revenue Growth Rate was 0.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

As of today (2026-09-17), Alcoa's current stock price is €40.99. Alcoa's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €67.51. Alcoa's Cyclically Adjusted PS Ratio of today is 0.61.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Alcoa was 1.10. The lowest was 0.33. And the median was 0.57.


Alcoa  (HAM:185) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Alcoa's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=40.99/67.505
=0.61

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Alcoa was 1.10. The lowest was 0.33. And the median was 0.57.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Alcoa Cyclically Adjusted Revenue per Share Related Terms


Alcoa Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Alcoa's Cyclically Adjusted Revenue per Share 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 Cyclically Adjusted Revenue per Share Chart

Alcoa Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.83 57.37 58.44 59.22 62.76

Alcoa Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Revenue per Share 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 72.68 72.56 72.21 70.17 67.51

HAM:185 vs CENX, CSTM, KALU: Cyclically Adjusted Revenue per Share Comparison

For the Aluminum subindustry, Alcoa's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Alcoa's Cyclically Adjusted PS Ratio falls into.


HAM:185
67GF Score
Alcoa Corp HAM:185
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alcoa Cyclically Adjusted Revenue per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

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.

For example, Alcoa's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=12.228/333.9520*333.9520
=12.228

Current CPI (Jun. 2026) = 333.9520.

Alcoa Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 34.458 241.428 47.664
201612 12.919 241.432 17.870
201703 13.484 243.801 18.470
201706 14.119 244.955 19.249
201709 13.655 246.819 18.476
201712 14.776 246.524 20.016
201803 13.486 249.554 18.047
201806 16.045 251.989 21.264
201809 15.804 252.439 20.907
201812 15.686 251.233 20.851
201903 13.025 254.202 17.111
201906 13.048 256.143 17.012
201909 12.476 256.759 16.227
201912 11.934 256.974 15.509
202003 11.659 258.115 15.085
202006 10.526 257.797 13.635
202009 10.996 260.280 14.108
202012 10.939 260.474 14.025
202103 12.783 264.877 16.117
202106 12.683 271.696 15.589
202109 14.172 274.310 17.253
202112 16.177 278.802 19.377
202203 16.135 287.504 18.742
202206 19.034 296.311 21.452
202209 16.006 296.808 18.009
202212 14.968 296.797 16.842
202303 14.326 301.836 15.850
202306 14.040 305.109 15.367
202309 13.705 307.789 14.870
202312 13.529 306.746 14.729
202403 13.651 312.332 14.596
202406 14.528 314.175 15.443
202409 11.009 315.301 11.660
202412 14.315 315.605 15.147
202503 11.965 319.799 12.495
202506 9.976 322.561 10.328
202509 9.537 324.800 9.806
202512 13.268 324.054 13.673
202603 9.843 330.213 9.954
202606 12.228 333.952 12.228

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of €67.51 mean?
Alcoa (HAM:185) has a Cyclically Adjusted Revenue per Share of €67.51 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Alcoa and its competitors.
Is Alcoa's Cyclically Adjusted Revenue per Share too high?
Alcoa's current Cyclically Adjusted Revenue per Share is €67.51. Overall, Alcoa has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alcoa's Cyclically Adjusted Revenue per Share compare to CENX and CSTM?
Alcoa's Cyclically Adjusted Revenue per Share of €67.51 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Metals & Mining company?
A good Cyclically Adjusted Revenue per Share depends on the Metals & Mining industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Alcoa and its competitors. Alcoa's current Cyclically Adjusted Revenue per Share is €67.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alcoa stock overvalued right now?
Based on GuruFocus' analysis, Alcoa (HAM:185) is currently considered Significantly Overvalued. The stock's GF Value™ is €28.63, compared to a current price of €40.99 — trading 43.2% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €67.51. Alcoa's overall GF Score™ is 67/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Alcoa (HAM:185), the current Cyclically Adjusted Revenue per Share is €67.51 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Alcoa (HAM:185) Overvalued in 2026?

Based on GuruFocus' analysis, Alcoa stock appears to be overvalued. The current stock price of €40.99 is trading 43.2% above its estimated GF Value™ of €28.63. GuruFocus considers Alcoa to be Significantly Overvalued.

Key valuation signals for HAM:185:

  • Cyclically Adjusted Revenue per Share: €67.51
  • GF Value™: €28.63 vs. price of €40.99 (43.2% above fair value)
  • GF Score™: 67/100 with 8 warning signs

No single metric tells the full story. See the HAM:185 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alcoa Business Description

Address 201 Isabella Street, Suite 500, Pittsburgh, PA, USA, 15212-5858
Alcoa is a vertically integrated aluminum company whose operations include bauxite mining, alumina refining, and manufacturing primary aluminum. It is one of the world's largest bauxite miners and alumina refiners by production volume, but sits outside the top-10 aluminum producers, a list dominated by Chinese companies. Profits are closely tied to prevailing commodity prices along the aluminum supply chain.Alcoa was the first mass producer of aluminum, launching the world-changing Hall-Heroult smelting process in the 1880s, making aluminum affordable. It listed as a public company in 1925. In 2016, Alcoa spun off its automotive and aerospace metal parts segment to focus on mining, smelting, and refining. It bought the 40% unowned balance of AWAC in mid-2024.
67GF Score

Get the complete analysis for HAM:185

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€40.99
Price
€28.63
GF Value