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GE Aerospace (BSP:GEOO34) Shiller PE Ratio : (As of May. 14, 2024)


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What is GE Aerospace Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


GE Aerospace Shiller PE Ratio Historical Data

The historical data trend for GE Aerospace's Shiller PE 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.

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GE Aerospace Shiller PE Ratio Chart

GE Aerospace Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.95 25.03 130.55 - -

GE Aerospace Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE 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 - - - - -

Competitive Comparison of GE Aerospace's Shiller PE Ratio

For the Aerospace & Defense subindustry, GE Aerospace'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.


GE Aerospace's Shiller PE Ratio Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where GE Aerospace's Shiller PE Ratio falls into.



GE Aerospace Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

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

GE Aerospace's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, GE Aerospace'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)
=6.922/129.4194*129.4194
=6.922

Current CPI (Mar. 2024) = 129.4194.

GE Aerospace Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 6.261 100.560 8.058
201409 6.546 100.428 8.436
201412 10.779 99.070 14.081
201503 -33.927 99.621 -44.075
201506 -3.236 100.684 -4.160
201509 7.806 100.392 10.063
201512 19.870 99.792 25.769
201603 -0.296 100.470 -0.381
201606 8.216 101.688 10.457
201609 5.726 101.861 7.275
201612 10.464 101.863 13.295
201703 -0.250 102.862 -0.315
201706 2.636 103.349 3.301
201709 3.759 104.136 4.672
201712 -29.787 104.011 -37.064
201803 -3.672 105.290 -4.514
201806 2.112 106.317 2.571
201809 -86.118 106.507 -104.644
201812 2.175 105.998 2.656
201903 12.290 107.251 14.830
201906 -0.308 108.070 -0.369
201909 -35.592 108.329 -42.521
201912 1.970 108.420 2.352
202003 27.363 108.902 32.518
202006 -10.792 108.767 -12.841
202009 -5.886 109.815 -6.937
202012 11.113 109.897 13.087
202103 -14.764 111.754 -17.098
202106 -5.431 114.631 -6.132
202109 5.701 115.734 6.375
202112 -20.075 117.630 -22.087
202203 -5.375 121.301 -5.735
202206 -4.341 125.017 -4.494
202209 0.419 125.227 0.433
202212 8.183 125.222 8.457
202303 34.950 127.348 35.519
202306 -0.097 128.729 -0.098
202309 1.136 129.860 1.132
202312 7.105 129.419 7.105
202403 6.922 129.419 6.922

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


GE Aerospace  (BSP:GEOO34) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


GE Aerospace Shiller PE Ratio Related Terms

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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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