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GE Aerospace (STU:GE) Cyclically Adjusted PS Ratio : 1.71 (As of May. 24, 2024)


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What is GE Aerospace Cyclically Adjusted PS Ratio?

As of today (2024-05-24), GE Aerospace's current share price is €151.50. GE Aerospace's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €88.37. GE Aerospace's Cyclically Adjusted PS Ratio for today is 1.71.

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

STU:GE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.82   Max: 1.72
Current: 1.72

During the past years, GE Aerospace's highest Cyclically Adjusted PS Ratio was 1.72. The lowest was 0.26. And the median was 0.82.

STU:GE's Cyclically Adjusted PS Ratio is ranked worse than
54.67% of 214 companies
in the Aerospace & Defense industry
Industry Median: 1.56 vs STU:GE: 1.72

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 €13.390. 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 €88.37 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 1.46

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
=151.50/88.37
=1.71

* 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)
=13.39/131.7762*131.7762
=13.390

Current CPI (Mar. 2024) = 131.7762.

GE Aerospace Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 18.591 100.560 24.362
201409 19.539 100.428 25.638
201412 14.478 99.070 19.258
201503 19.163 99.621 25.348
201506 19.961 100.684 26.125
201509 19.520 100.392 25.622
201512 24.524 99.792 32.384
201603 21.312 100.470 27.953
201606 23.517 101.688 30.475
201609 22.957 101.861 29.699
201612 27.428 101.863 35.483
201703 22.819 102.862 29.233
201706 23.650 103.349 30.155
201709 23.570 104.136 29.826
201712 9.842 104.011 12.469
201803 20.732 105.290 25.947
201806 22.957 106.317 28.454
201809 18.457 106.507 22.836
201812 21.464 105.998 26.684
201903 18.014 107.251 22.133
201906 19.001 108.070 23.169
201909 19.437 108.329 23.644
201912 17.483 108.420 21.249
202003 16.128 108.902 19.516
202006 13.644 108.767 16.530
202009 14.366 109.815 17.239
202012 15.730 109.897 18.862
202103 13.048 111.754 15.386
202106 13.785 114.631 15.847
202109 14.284 115.734 16.264
202112 2.070 117.630 2.319
202203 10.462 121.301 11.365
202206 12.161 125.017 12.819
202209 13.348 125.227 14.046
202212 14.532 125.222 15.293
202303 12.333 127.348 12.762
202306 14.037 128.729 14.369
202309 14.789 129.860 15.007
202312 16.162 129.419 16.456
202403 13.390 131.776 13.390

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  (STU:GE) 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 (STU:GE) 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.