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Boeing Co (NEOE:BA) Cyclically Adjusted Book per Share : C$-1.70 (As of Mar. 2024)


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What is Boeing Co Cyclically Adjusted Book 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 Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Boeing Co's adjusted book value per share for the three months ended in Mar. 2024 was C$-37.535. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is C$-1.70 for the trailing ten years ended in Mar. 2024.

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 Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Boeing Co was 5.60% per year. The lowest was -80.50% per year. And the median was -2.50% per year.

As of today (2024-06-07), Boeing Co's current stock price is C$33.37. Boeing Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$-1.70. Boeing Co's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Boeing Co was 4519.20. The lowest was 10.67. And the median was 29.19.


Boeing Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Boeing Co's Cyclically Adjusted Book 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.

Boeing Co Cyclically Adjusted Book per Share Chart

Boeing Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -1.45

Boeing Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book 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 -0.84 -1.02 -1.22 -1.45 -1.70

Competitive Comparison of Boeing Co's Cyclically Adjusted Book per Share

For the Aerospace & Defense subindustry, Boeing Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Boeing Co's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Boeing Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Boeing Co's Cyclically Adjusted PB Ratio falls into.



Boeing Co Cyclically Adjusted Book 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 Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value 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 Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book 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, Boeing Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-37.535/131.7762*131.7762
=-37.535

Current CPI (Mar. 2024) = 131.7762.

Boeing Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 21.110 100.560 27.663
201409 22.383 100.428 29.370
201412 14.139 99.070 18.807
201503 14.374 99.621 19.014
201506 11.373 100.684 14.885
201509 13.326 100.392 17.492
201512 13.032 99.792 17.209
201603 8.358 100.470 10.962
201606 1.205 101.688 1.562
201609 4.424 101.861 5.723
201612 1.766 101.863 2.285
201703 0.210 102.862 0.269
201706 -4.565 103.349 -5.821
201709 2.232 104.136 2.824
201712 3.578 104.011 4.533
201803 2.705 105.290 3.385
201806 -3.284 106.317 -4.070
201809 -2.953 106.507 -3.654
201812 0.802 105.998 0.997
201903 0.297 107.251 0.365
201906 -12.569 108.070 -15.326
201909 -9.684 108.329 -11.780
201912 -20.159 108.420 -24.502
202003 -23.909 108.902 -28.931
202006 -28.013 108.767 -33.939
202009 -27.704 109.815 -33.244
202012 -40.289 109.897 -48.310
202103 -38.835 111.754 -45.793
202106 -34.795 114.631 -39.999
202109 -31.145 115.734 -35.462
202112 -32.600 117.630 -36.521
202203 -32.964 121.301 -35.811
202206 -32.122 125.017 -33.859
202209 -39.637 125.227 -41.710
202212 -36.107 125.222 -37.997
202303 -35.291 127.348 -36.518
202306 -34.195 128.729 -35.005
202309 -37.439 129.860 -37.992
202312 -37.931 129.419 -38.622
202403 -37.535 131.776 -37.535

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Boeing Co  (NEOE:BA) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB 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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Boeing Co was 4519.20. The lowest was 10.67. And the median was 29.19.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Boeing Co Cyclically Adjusted Book per Share Related Terms

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


Boeing Co (NEOE:BA) Business Description

Industry
Address
929 Long Bridge Drive, Arlington, VA, USA, 22202
Boeing is a major aerospace and defense firm. It operates in four segments: commercial airplanes; defense, space, and security; Global services; and Boeing capital. Boeing's commercial airplanes segment competes with Airbus in the production of aircraft ranging from 130 seats upward. Boeing's defense, space, and security segment competes with Lockheed, Northrop, and several other firms to create military aircraft and weaponry. Global services provides aftermarket support to airlines.

Boeing Co (NEOE:BA) Headlines