Alcoa
AA
#2430
Rank
$6.00 B
Marketcap
$33.43
Share price
1.58%
Change (1 day)
-4.05%
Change (1 year)
Categories
Alcoa Corporation, acronym for "ALuminum COmpany of America") is one of the world's largest producer of aluminum.

Alcoa (AA) - P/B ratio

P/B ratio as of July 2024 : 1.08

According to Alcoa's latest financial reports the company has a price-to-book ratio of 1.08.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Alcoa - P/B ratio (from 2016 to 2024)

P/B ratio by year

Year P/B ratio Change
2024-12-31N/A-100%
2023-12-311.04-14.98%
2022-12-311.22-30.05%
2021-12-311.75104.29%
2020-12-310.854425.98%
2019-12-310.67824.78%
2018-12-310.6472-55.86%
2017-12-311.47119.77%
2016-12-310.6671
2015-12-31N/A

P/B ratio for similar companies or competitors

Company P/B ratio differencediff. Country
1.02-5.53%๐Ÿ‡จ๐Ÿ‡ณ China
1.84 70.22%๐Ÿ‡บ๐Ÿ‡ธ USA
2.45 126.10%๐Ÿ‡บ๐Ÿ‡ธ USA
3.08 184.34%๐Ÿ‡ฆ๐Ÿ‡บ Australia