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GE Aerospace (BSP:GEOO34) Cyclically Adjusted PS Ratio : 1.17 (As of May. 14, 2024)


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What is GE Aerospace Cyclically Adjusted PS Ratio?

As of today (2024-05-14), GE Aerospace's current share price is R$824.24. GE Aerospace's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$702.05. GE Aerospace's Cyclically Adjusted PS Ratio for today is 1.17.

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

BSP:GEOO34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.82   Max: 1.74
Current: 1.69

During the past years, GE Aerospace's highest Cyclically Adjusted PS Ratio was 1.74. The lowest was 0.26. And the median was 0.82.

BSP:GEOO34's Cyclically Adjusted PS Ratio is ranked worse than
54.67% of 214 companies
in the Aerospace & Defense industry
Industry Median: 1.52 vs BSP:GEOO34: 1.69

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.

GE Aerospace's adjusted revenue per share data for the three months ended in Mar. 2024 was R$72.476. 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$702.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GE Aerospace Cyclically Adjusted PS Ratio Historical Data

The historical data trend for GE Aerospace'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.

GE Aerospace Cyclically Adjusted PS Ratio Chart

GE Aerospace 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 0.52 0.53 0.59 0.53 1.06

GE Aerospace 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 0.78 0.90 0.92 1.06 1.48

Competitive Comparison of GE Aerospace's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, GE Aerospace'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.


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

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

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



GE Aerospace 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.

GE Aerospace's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=824.24/702.05
=1.17

* 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.

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

For example, GE Aerospace'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)
=72.476/129.4194*129.4194
=72.476

Current CPI (Mar. 2024) = 129.4194.

GE Aerospace Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 56.481 100.560 72.691
201409 58.867 100.428 75.861
201412 47.163 99.070 61.611
201503 65.148 99.621 84.635
201506 69.711 100.684 89.607
201509 85.512 100.392 110.238
201512 103.676 99.792 134.456
201603 87.765 100.470 113.053
201606 90.458 101.688 115.127
201609 83.821 101.861 106.499
201612 97.040 101.863 123.292
201703 76.329 102.862 96.036
201706 87.567 103.349 109.656
201709 88.000 104.136 109.366
201712 38.379 104.011 47.754
201803 83.824 105.290 103.035
201806 101.133 106.317 123.109
201809 88.490 106.507 107.527
201812 94.826 105.998 115.779
201903 78.177 107.251 94.336
201906 82.782 108.070 99.136
201909 88.185 108.329 105.353
201912 79.731 108.420 95.174
202003 87.079 108.902 103.485
202006 79.718 108.767 94.854
202009 91.376 109.815 107.689
202012 98.447 109.897 115.936
202103 87.529 111.754 101.365
202106 83.517 114.631 94.291
202109 88.711 115.734 99.201
202112 13.226 117.630 14.552
202203 57.337 121.301 61.174
202206 64.890 125.017 67.175
202209 69.297 125.227 71.617
202212 80.749 125.222 83.456
202303 68.775 127.348 69.894
202306 73.813 128.729 74.209
202309 77.950 129.860 77.686
202312 86.360 129.419 86.360
202403 72.476 129.419 72.476

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.


GE Aerospace  (BSP:GEOO34) 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.


GE Aerospace Cyclically Adjusted PS Ratio Related Terms

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


GE Aerospace (BSP:GEOO34) Business Description

Address
5 Necco Street, Boston, MA, USA, 02210
GE was formed through the combination of two companies in 1892, including one with historical ties to American inventor Thomas Edison. Today, GE is a global leader in air travel and in the energy transition. The company is known for its differentiated technology and its massive industrial installed base of equipment sprawled throughout the world. That installed base most notably includes aerospace engines, gas and steam turbines, and onshore and offshore wind turbines. GE earns most of its profits on the service revenue of that equipment, which is generally higher-margin. The company is led by Danaher alumnus Larry Culp, who is leading a multiyear turnaround of the conglomerate based on lean principles.

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