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Boeing Co (NEOE:BA) Shiller PE Ratio : 91.49 (As of May. 17, 2024)


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What is Boeing Co Shiller PE Ratio?

As of today (2024-05-17), Boeing Co's current share price is C$32.02. Boeing Co's E10 for the quarter that ended in Mar. 2024 was C$0.35. Boeing Co's Shiller PE Ratio for today is 91.49.

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

NEOE:BA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12   Med: 37.99   Max: 115.28
Current: 92.53

During the past years, Boeing Co's highest Shiller PE Ratio was 115.28. The lowest was 12.00. And the median was 37.99.

NEOE:BA's Shiller PE Ratio is ranked worse than
86.03% of 136 companies
in the Aerospace & Defense industry
Industry Median: 38.425 vs NEOE:BA: 92.53

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio 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 C$-0.758. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$0.35 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Boeing Co Shiller PE Ratio Historical Data

The historical data trend for Boeing Co'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.

* Premium members only.

Boeing Co Shiller PE Ratio Chart

Boeing Co 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 41.15 39.54 45.55 59.37 120.50

Boeing Co 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 70.63 74.59 80.30 120.50 97.60

Competitive Comparison of Boeing Co's Shiller PE Ratio

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 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.

Boeing Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=32.02/0.35
=91.49

* 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 E10 for the quarter that ended in Mar. 2024 is calculated as:

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)
=-0.758/131.7762*131.7762
=-0.758

Current CPI (Mar. 2024) = 131.7762.

Boeing Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 2.426 100.560 3.179
201409 2.048 100.428 2.687
201412 2.329 99.070 3.098
201503 2.360 99.621 3.122
201506 1.966 100.684 2.573
201509 3.277 100.392 4.301
201512 2.071 99.792 2.735
201603 2.420 100.470 3.174
201606 -0.477 101.688 -0.618
201609 4.719 101.861 6.105
201612 3.455 101.863 4.470
201703 3.400 102.862 4.356
201706 3.816 103.349 4.866
201709 3.671 104.136 4.645
201712 6.614 104.011 8.380
201803 5.367 105.290 6.717
201806 4.896 106.317 6.068
201809 5.305 106.507 6.564
201812 7.968 105.998 9.906
201903 5.014 107.251 6.161
201906 -6.924 108.070 -8.443
201909 2.714 108.329 3.301
201912 -2.357 108.420 -2.865
202003 -1.550 108.902 -1.876
202006 -5.692 108.767 -6.896
202009 -1.045 109.815 -1.254
202012 -18.765 109.897 -22.501
202103 -1.156 111.754 -1.363
202106 1.222 114.631 1.405
202109 -0.241 115.734 -0.274
202112 -8.986 117.630 -10.067
202203 -2.608 121.301 -2.833
202206 0.410 125.017 0.432
202209 -7.323 125.227 -7.706
202212 -1.440 125.222 -1.515
202303 -0.944 127.348 -0.977
202306 -0.332 128.729 -0.340
202309 -3.653 129.860 -3.707
202312 -0.054 129.419 -0.055
202403 -0.758 131.776 -0.758

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.


Boeing Co  (NEOE:BA) 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.


Boeing Co Shiller PE Ratio Related Terms

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


Boeing Co (NEOE:BA) 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 (NEOE:BA) Headlines

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