Alcoa currently trades with a PE to growth ratio of 1.43, based on Jun 22, 2026 data. Dividing the 14.85 PE ratio by the 10.4% earnings growth rate produces this figure. Relative to the 0.42 average from the past four quarters, the PEG ratio has surged by 240%.
Historically, Alcoa has a PEG ratio averaging 0.6 across the last nine years. At 1.43, today's PEG ratio sits 138% more than its historical average. The nine years high came in the Jun 2018 quarter at 5.38, reflecting peak valuation relative to growth. The bottom was reached in the Dec 2025 quarter at 0.01, suggesting attractive value relative to growth during that period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.01 | 12.08 | 1,592.3% |
| 2024 | 1.36 | 145.31 | 107.1% |
| 2023 | N/A | N/A | -436.8% |
| 2022 | N/A | N/A | -129.6% |
| 2021 | 0.07 | 25.9 | 352.7% |
| 2020 | N/A | N/A | 85% |
| 2019 | N/A | N/A | -553% |
| 2018 | N/A | 19.84 | -11.3% |
| 2017 | 0.21 | 35.68 | 168.9% |
| 2016 | N/A | N/A | 53.7% |
| 2015 | N/A | N/A | -237.9% |
| 2014 | N/A | N/A | N/A |
| 2013 | N/A | N/A | N/A |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 1.62 | 16.88 | 10.4% |
| Dec 2025 | 0.01 | 12.08 | 1,592.3% |
| Sep 2025 | 0.02 | 7.2 | 361.1% |
| Jun 2025 | 0.03 | 7.23 | 232.5% |
| Mar 2025 | 0.04 | 8.57 | 194.7% |
| Dec 2024 | 1.36 | 145.31 | 107.1% |
| Sep 2024 | N/A | N/A | 64.9% |
| Jun 2024 | N/A | N/A | 62.5% |
| Mar 2024 | N/A | N/A | 19% |
| Dec 2023 | N/A | N/A | -436.8% |
| Sep 2023 | N/A | N/A | -593.1% |
| Jun 2023 | N/A | N/A | -256.6% |
| Mar 2023 | N/A | N/A | -219% |
| Dec 2022 | N/A | N/A | -129.6% |
| Sep 2022 | N/A | N/A | -116.4% |
When comparing to historical data, AA's PEG ratio sits above the 3 and 5-year averages.
Alcoa's PEG of 1.43 is higher than the Basic Materials sector and the industry average. Looking at the Basic Materials sector average of 0.46, Alcoa's PEG is 211% higher.
AA reports a PEG ratio higher than that of peer stocks CENX and KALU.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| CENX Century Aluminum Co | 0.07 | $4.9B |
| KALU Kaiser Aluminum Corp | 0.16 | $3.02B |
| AA Alcoa Corp | 1.43 | $15.4B |
According to Jun 22, 2026 figures, AA's PEG ratio stands at 1.43.
Historical data over a 3-year period puts AA's average PEG ratio at 0.51.
Historical data over a 5-year period puts AA's average PEG ratio at 0.31.
AA's PEG ratio topped out at 5.38 during the Jun 2018 quarter - the highest in nine years.
Compared to the 9-year average, AA's PEG ratio stands 138% higher.
Computing the PEG ratio involves dividing the PE ratio by the company's earnings per share growth (YoY TTM). As of Jun 22, 2026, Alcoa has a PE ratio of 14.85. Earnings grew at 10.4% over the TTM period ending Mar 2026. Applying the formula, this gives a PEG ratio of 1.43. PEG RATIO(1.43) = PE RATIO(14.85) / EPS GROWTH(10.4%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.