Alcoa book value per share

During the past 3 years, the average book value per share growth rate was 10. Thus, this measure is a possible indicator of the value of a companys stock. Insufficient data to determine if aas dividends per share have been stable in the past. What is book value per share and how can it help you in. Historical price to book ratio values for alcoa aa over the last 10 years. Alcoa corps tangible book value per share for the quarter that ended in mar. The bauxite and alumina segments primarily consist of a series of affiliated operating entities held in alcoa world alumina and chemicals awac, which is a joint venture between alcoa corporation and alumina limited. Find the latest alcoa corporation aa stock quote, history, news and other vital information to help you with your stock trading and investing. Ycharts book value of equity is the equivalent of total assets less total liabilities and preferred equity. Alcoa competition market share by companys segment. Book value per share could also be a way to measure the potential risk. Book value is the net asset value of the company according to standard accounting practice gaap, audited. Alcoas book value per share for the quarter that ended in dec.

Often, however, a lower priced stock on a per share. But before you click over to your online brokerage to buy, consider this. This is the financialssite for the company alcoa on markets insider. The book value per share formula is used to calculate the per share value of a company based on its equity available to common shareholders. Its book value per share for the quarter that ended in dec. Current and historical book value per share for royal bank of canada ry from 2006 to 2020. The book value per share and the market value per share are some of the tools used to evaluate the value of a companys stocks. Its similar to the pe ratio, but its less prone to manipulation through accounting practices. Alcoa aa has the following price history information. These contributions are a significant part of the value alcoa of australia delivers to the australian economy.

Book value per share is the gaap number number of shares outstanding. Aa stock price, news, historical charts, analyst ratings and financial information from wsj. Is a component of russell indexes and it is traded on nyse exchange. Book value per share bs is can be calculated by subtracting liabilities from assets, and then dividing it by the total.

Price book value is a widely used stock evaluation measure. Aa alcoa profile, stock quotes, financial analysis. The market value per share represents the current price of a companys shares, and it is the price that investors are willing to pay for common stocks. Latest closing price divided by the earnings per share based on the trailing 12 months. New york including stock price, stock chart, company news, key statistics, fundamentals and company profile.

The cash yield of a stock is the ratio of free cash per share real dollars available after bringing in revenue and paying billsto the current price of the stock. Book value per share is a fairly conservative way to measure a stocks value. Based on its latest 12month results, alcoa s payout ratio dividends per share divided by earnings per share is a reasonable 0. This module approximates value of alcoa from analyzing the firm fundamentals such as return on equity of 0. Alcoa corporation common stock aa stock quotes nasdaq. Start a 14day free trial to morningstar premium to unlock our take on aa. If the market value per share is lower than the book value per share, then the stock price may be undervalued.

When a company such as alcoa splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Measuring risk is important to any portfolio and should be done carefully because profits are good, but being safe from risk is also just as good. Alcoas competitors and its market share by primary metals, flatrolled products, engineered products, alumina segment csimarket. In other words, the value of all shares divided by the number of shares issued. The second way, using pershare values, is to divide the companys current share price by the book value per share. In general, a low price to book value indicates that a stock is undervalued and thus more desirable. In theory, if you purchased stock with a price to book value less than 1 and the company immediately went bankrupt.

Latest closing price divided by the last 12 months revenuecash flow per share. Zacks rank stockrating system returns are computed monthly based on the beginning of the month and end of the month zacks rank stock prices. Price to book value is a valuation ratio that is measured by stock price book value per share. The book value of a company, stripped to basics, is the value of the company the. Royal bank of canada book value per share 20062020 ry. Alcoa book value per share 20152019 aa macrotrends.

The term book value is a companys assets minus its liabilities and is sometimes referred to as stockholders equity, owners equity, shareholders equity, or. At alcoa, values have always been a foundation of our company, governing the way we act, operate and how we interact with our customers, communities and each other purposefully brief and memorable in their simplicity, our values are a simple reflection of who we are. The book value per share is calculated using historical costs, but the market value per share is a forwardlooking metric that takes into account a companys earning power in the future. View aa historial stock data and compare to other stocks and exchanges. The book value is essentially the tangible accounting value of a firm. The current price to book ratio for alcoa as of april 10, 2020 is 0. Book value per share compares the amount of stockholders equity to the number of shares outstanding. Tax basis information for arconic shares after the separation of alcoa corporation on november 1, 2016, arconic inc. These returns cover a period from january 1, 1988 through august 5, 2019. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will. How do i interpret pricebook and book value per share on.

In the first way, the companys market capitalization is divided by the companys total book value from its balance sheet. Book value per share can be defined as the amount of equity available to shareholders expressed on a per. A financial ratio used to compare a companys current market price to its book value. Alcoa stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news. Depreciation is the reduction of an items value over time. Book value per share can be defined as the amount of equity available to shareholders expressed on a per common share basis. The lower the payout ratio, the more secure the dividend. Alcoa s share price compared to the market and industry in the last 5 years. The companys operations consist of three reportable business segments. The price to book ratio p b ratio is a ratio used to compare a stocks market value to its book value. The book value per share is a market value ratio that weighs stockholders equity against shares outstanding. Find out all the key statistics for alcoa corporation aa, including valuation measures, fiscal year financial statistics, trading record, share statistics and more. It is calculated by dividing the current closing price. Zacks rank stockrating system returns are computed monthly based on the beginning of.