Alcoa (LTS:0HCB) Cyclically Adjusted Revenue per Share: $70.41 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LTS:0HCB Alcoa Corp LTS:0HCB
68 GF Score
Price $46.78
GF Value $30.69
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Alcoa Cyclically Adjusted Revenue per Share?

Alcoa LTS:0HCB -4.04% 68 Cyclically Adjusted Revenue per Share is $70.41 as of Mar. 2026. GuruFocus rates LTS:0HCB with a GF Score™ of 68/100 and a GF Value™ of $30.69 (Significantly Overvalued). The stock has 7 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 Mar. 2026 was $12.004. 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 $70.41 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Alcoa's average Cyclically Adjusted Revenue Growth Rate was -0.80% 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 (2026-07-17), Alcoa's current stock price is $46.78. Alcoa's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $70.41. Alcoa's Cyclically Adjusted PS Ratio of today is 0.66.

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 0.54.


Alcoa  (LTS:0HCB) 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
=46.78/70.41
=0.66

* 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 0.54.


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 0.00 0.00 0.00 71.38 69.73

Alcoa Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 70.59 70.21 69.15 69.73 70.41

LTS:0HCB 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.


LTS:0HCB
68GF Score
Alcoa Corp LTS:0HCB
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 Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=12.004/330.2130*330.2130
=12.004

Current CPI (Mar. 2026) = 330.2130.

Alcoa Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 12.736 241.018 17.449
201609 12.764 241.428 17.458
201612 13.869 241.432 18.969
201703 14.274 243.801 19.333
201706 15.371 244.955 20.721
201709 15.850 246.819 21.205
201712 16.973 246.524 22.735
201803 16.436 249.554 21.748
201806 18.937 251.989 24.816
201809 18.226 252.439 23.841
201812 17.693 251.233 23.255
201903 14.697 254.202 19.092
201906 14.575 256.143 18.790
201909 13.801 256.759 17.749
201912 13.168 256.974 16.921
202003 12.733 258.115 16.290
202006 11.548 257.797 14.792
202009 12.715 260.280 16.131
202012 12.860 260.474 16.303
202103 15.185 264.877 18.931
202106 14.911 271.696 18.122
202109 16.277 274.310 19.594
202112 17.579 278.802 20.821
202203 17.516 287.504 20.118
202206 19.591 296.311 21.832
202209 15.927 296.808 17.720
202212 14.961 296.797 16.645
202303 15.000 301.836 16.410
202306 15.079 305.109 16.320
202309 14.618 307.789 15.683
202312 14.579 306.746 15.694
202403 14.520 312.332 15.351
202406 16.055 314.175 16.875
202409 12.410 315.301 12.997
202412 13.155 315.605 13.764
202503 12.958 319.799 13.380
202506 11.608 322.561 11.883
202509 11.475 324.800 11.666
202512 13.064 324.054 13.312
202603 12.004 330.213 12.004

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 $70.41 mean?
Alcoa (LTS:0HCB) has a Cyclically Adjusted Revenue per Share of $70.41 as of Mar. 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 $70.41. Overall, Alcoa has a GF Score™ of 68/100 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 $70.41 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 $70.41. 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 (LTS:0HCB) is currently considered Significantly Overvalued. The stock's GF Value™ is $30.69, compared to a current price of $46.78 — trading 52.4% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $70.41. Alcoa's overall GF Score™ is 68/100 with 7 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 (LTS:0HCB), the current Cyclically Adjusted Revenue per Share is $70.41 as of Mar. 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 (LTS:0HCB) Overvalued in 2026?

Based on GuruFocus' analysis, Alcoa stock appears to be overvalued. The current stock price of $46.78 is trading 52.4% above its estimated GF Value™ of $30.69. GuruFocus considers Alcoa to be Significantly Overvalued.

Key valuation signals for LTS:0HCB:

  • Cyclically Adjusted Revenue per Share: $70.41
  • GF Value™: $30.69 vs. price of $46.78 (52.4% above fair value)
  • GF Score™: 68/100 with 7 warning signs

No single metric tells the full story. See the LTS:0HCB 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.
68GF Score

Get the complete analysis for LTS:0HCB

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

$46.78
Price
$30.69
GF Value