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Alcoa (LTS:0HCB) Cyclically Adjusted Revenue per Share : $70.59 (As of Mar. 2025)


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What is Alcoa Cyclically Adjusted Revenue per Share?

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. 2025 was $13.008. 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 $70.59 for the trailing ten years ended in Mar. 2025.

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 (2025-05-25), Alcoa's current stock price is $28.0183. Alcoa's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $70.59. Alcoa's Cyclically Adjusted PS Ratio of today is 0.40.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of Alcoa was 0.65. The lowest was 0.33. And the median was 0.51.


Alcoa Cyclically Adjusted Revenue per Share Historical Data

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.

* Premium members only.

Alcoa Cyclically Adjusted Revenue per Share Chart

Alcoa Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 71.38

Alcoa Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - 72.18 71.38 70.59

Competitive Comparison of Alcoa's Cyclically Adjusted Revenue per Share

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's Cyclically Adjusted PS Ratio Distribution in the 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.


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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. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=13.008/134.9266*134.9266
=13.008

Current CPI (Mar. 2025) = 134.9266.

Alcoa Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 16.250 100.684 21.777
201509 14.688 100.392 19.741
201512 13.438 99.792 18.169
201603 11.672 100.470 15.675
201606 12.736 101.688 16.899
201609 12.764 101.861 16.907
201612 13.869 101.863 18.371
201703 14.274 102.862 18.724
201706 15.371 103.349 20.067
201709 15.850 104.136 20.537
201712 16.973 104.011 22.018
201803 16.436 105.290 21.062
201806 18.937 106.317 24.033
201809 18.226 106.507 23.089
201812 17.693 105.998 22.522
201903 14.697 107.251 18.490
201906 14.575 108.070 18.197
201909 13.801 108.329 17.189
201912 13.168 108.420 16.387
202003 12.733 108.902 15.776
202006 11.548 108.767 14.325
202009 12.715 109.815 15.623
202012 12.860 109.897 15.789
202103 15.185 111.754 18.334
202106 14.911 114.631 17.551
202109 16.277 115.734 18.976
202112 17.579 117.630 20.164
202203 17.516 121.301 19.484
202206 19.591 125.017 21.144
202209 15.927 125.227 17.161
202212 14.961 125.222 16.120
202303 15.000 127.348 15.893
202306 15.079 128.729 15.805
202309 14.618 129.860 15.188
202312 14.579 129.419 15.199
202403 14.520 131.776 14.867
202406 16.055 132.554 16.342
202409 12.410 133.029 12.587
202412 13.155 133.157 13.330
202503 13.008 134.927 13.008

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


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
=28.0183/70.59
=0.40

* 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 12 years, the highest Cyclically Adjusted PS Ratio of Alcoa was 0.65. The lowest was 0.33. And the median was 0.51.


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

Thank you for viewing the detailed overview of Alcoa's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Alcoa Business Description

Industry
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 the world's largest bauxite miner and alumina refiner by production volume, and the eighth-largest aluminum producer. 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, meaning refining assets are now predominantly wholly owned, as with smelting.

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