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Boeing Co (BSP:BOEI34) Cyclically Adjusted PS Ratio : 1.24 (As of Jun. 08, 2024)


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What is Boeing Co Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Boeing Co's current share price is R$992.70. Boeing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$799.85. Boeing Co's Cyclically Adjusted PS Ratio for today is 1.24.

The historical rank and industry rank for Boeing Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

BSP:BOEI34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.39   Max: 3.35
Current: 1.19

During the past years, Boeing Co's highest Cyclically Adjusted PS Ratio was 3.35. The lowest was 0.70. And the median was 1.39.

BSP:BOEI34's Cyclically Adjusted PS Ratio is ranked better than
57.28% of 213 companies
in the Aerospace & Defense industry
Industry Median: 1.46 vs BSP:BOEI34: 1.19

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.

Boeing Co's adjusted revenue per share data for the three months ended in Mar. 2024 was R$134.623. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is R$799.85 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Boeing Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Boeing Co's Cyclically Adjusted PS Ratio 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 PS Ratio Chart

Boeing Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.39 1.55 1.37 1.23 1.65

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 PS Ratio 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 1.36 1.34 1.21 1.65 1.21

Competitive Comparison of Boeing Co's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, Boeing Co'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.


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

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

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



Boeing Co Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Boeing Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=992.70/799.85
=1.24

* 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.

Boeing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Boeing Co's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=134.623/131.7762*131.7762
=134.623

Current CPI (Mar. 2024) = 131.7762.

Boeing Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 66.720 100.560 87.432
201409 76.108 100.428 99.865
201412 89.309 99.070 118.793
201503 97.572 99.621 129.066
201506 109.445 100.684 143.243
201509 146.691 100.392 192.550
201512 134.414 99.792 177.494
201603 125.892 100.470 165.119
201606 133.396 101.688 172.866
201609 122.878 101.861 158.966
201612 118.718 101.863 153.581
201703 110.708 102.862 141.827
201706 124.753 103.349 159.067
201709 125.295 104.136 158.552
201712 135.128 104.011 171.200
201803 128.532 105.290 160.866
201806 155.573 106.317 192.828
201809 178.072 106.507 220.321
201812 190.612 105.998 236.968
201903 153.930 107.251 189.130
201906 107.546 108.070 131.138
201909 144.755 108.329 176.086
201912 130.162 108.420 158.202
202003 146.119 108.902 176.811
202006 108.156 108.767 131.036
202009 134.871 109.815 161.843
202012 136.455 109.897 163.622
202103 146.580 111.754 172.841
202106 144.921 114.631 166.596
202109 137.024 115.734 156.017
202112 141.857 117.630 158.917
202203 117.729 121.301 127.896
202206 141.253 125.017 148.890
202209 140.310 125.227 147.649
202212 175.373 125.222 184.552
202303 155.004 127.348 160.394
202306 158.403 128.729 162.153
202309 147.250 129.860 149.423
202312 177.382 129.419 180.612
202403 134.623 131.776 134.623

Add all the adjusted revenue per share together and divide 10 will get our 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.


Boeing Co  (BSP:BOEI34) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Boeing Co Cyclically Adjusted PS Ratio Related Terms

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


Boeing Co (BSP:BOEI34) Business Description

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 (BSP:BOEI34) Headlines

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