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Boeing Co (BSP:BOEI34) E10 : R$9.92 (As of Mar. 2024)


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What is Boeing Co E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Boeing Co's adjusted earnings per share data for the three months ended in Mar. 2024 was R$-2.789. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$9.92 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Boeing Co's average E10 Growth Rate was -34.20% per year. During the past 3 years, the average E10 Growth Rate was -26.40% per year. During the past 5 years, the average E10 Growth Rate was -23.80% per year. During the past 10 years, the average E10 Growth Rate was -4.80% per year. 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Boeing Co was 17.50% per year. The lowest was -26.40% per year. And the median was 5.75% per year.

As of today (2024-06-07), Boeing Co's current stock price is R$992.70. Boeing Co's E10 for the quarter that ended in Mar. 2024 was R$9.92. Boeing Co's Shiller PE Ratio of today is 100.07.

During the past 13 years, the highest Shiller PE Ratio of Boeing Co was 115.28. The lowest was 12.00. And the median was 38.61.


Boeing Co E10 Historical Data

The historical data trend for Boeing Co's E10 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 E10 Chart

Boeing Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.70 28.38 24.91 16.64 10.48

Boeing Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
E10 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 15.27 13.69 12.29 10.48 9.92

Competitive Comparison of Boeing Co's E10

For the Aerospace & Defense subindustry, Boeing Co's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where Boeing Co's Shiller PE Ratio falls into.



Boeing Co E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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 earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-2.789/131.7762*131.7762
=-2.789

Current CPI (Mar. 2024) = 131.7762.

Boeing Co Quarterly Data

per share eps CPI Adj_EPS
201406 5.009 100.560 6.564
201409 4.348 100.428 5.705
201412 5.337 99.070 7.099
201503 5.874 99.621 7.770
201506 4.948 100.684 6.476
201509 9.641 100.392 12.655
201512 5.860 99.792 7.738
201603 6.767 100.470 8.876
201606 -1.267 101.688 -1.642
201609 11.712 101.861 15.152
201612 8.687 101.863 11.238
201703 7.944 102.862 10.177
201706 9.458 103.349 12.060
201709 9.366 104.136 11.852
201712 17.068 104.011 21.624
201803 13.608 105.290 17.031
201806 14.066 106.317 17.434
201809 16.722 106.507 20.689
201812 23.029 105.998 28.630
201903 14.403 107.251 17.697
201906 -20.088 108.070 -24.495
201909 8.445 108.329 10.273
201912 -7.347 108.420 -8.930
202003 -5.424 108.902 -6.563
202006 -21.791 108.767 -26.401
202009 -4.266 109.815 -5.119
202012 -75.370 109.897 -90.375
202103 -5.184 111.754 -6.113
202106 5.028 114.631 5.780
202109 -1.003 115.734 -1.142
202112 -39.697 117.630 -44.471
202203 -10.251 121.301 -11.136
202206 1.615 125.017 1.702
202209 -28.787 125.227 -30.293
202212 -5.560 125.222 -5.851
202303 -3.594 127.348 -3.719
202306 -1.213 128.729 -1.242
202309 -13.334 129.860 -13.531
202312 -0.196 129.419 -0.200
202403 -2.789 131.776 -2.789

Add all the adjusted EPS together and divide 10 will get our e10.


Boeing Co  (BSP:BOEI34) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Boeing Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=992.70/9.92
=100.07

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Boeing Co was 115.28. The lowest was 12.00. And the median was 38.61.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Boeing Co E10 Related Terms

Thank you for viewing the detailed overview of Boeing Co's E10 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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