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B/E Aerospace Inc (NAS:BEAV)
Shiller PE Ratio
33.58 (As of Today)

As of today, B/E Aerospace Inc's current share price is $64.13. B/E Aerospace Inc's E10 for the quarter that ended in Dec. 2016 was $1.91. B/E Aerospace Inc's Shiller P/E Ratio for today is 33.58.

BEAV' s Shiller PE Ratio Range Over the Past 10 Years
Min: 22.3   Max: 94.43
Current: 33.65

22.3
94.43

During the past 13 years, B/E Aerospace Inc's highest Shiller P/E Ratio was 94.43. The lowest was 22.30. And the median was 39.77.

BEAV's Shiller PE Ratio is ranked lower than
56% of the 73 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 31.53 vs. BEAV: 33.65 )

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.

B/E Aerospace Inc's adjusted earnings per share data for the three months ended in Dec. 2016 was $0.600. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.91 for the trailing ten years ended in Dec. 2016.


Definition

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.

B/E Aerospace Inc's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10
=64.13/1.91
=33.58

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

B/E Aerospace Inc's E10 for the fiscal year that ended in Dec16 is calculated as:

For example, B/E Aerospace Inc's adjusted earnings per share data for the three months ended in Dec. 2016 was:

Adj_EPS=Earnigns per Share/CPI of Dec. 2016 (Change)*Current CPI (Dec. 2016)
=0.6/241.432*241.432
=0.600

Current CPI (Dec. 2016) = 241.432.

B/E Aerospace Inc Quarterly Data

201409201412201503201506201509201512201603201606201609201612
per share eps 0.980-2.0800.7400.7500.4400.8000.8100.8400.8300.600
CPI 238.031234.812236.119238.638237.945236.525238.132241.018241.428241.432
Adj_EPS 0.994-2.1390.7570.7590.4460.8170.8210.8410.8300.600
201203201206201209201212201303201306201309201312201403201406
per share eps 0.6700.6900.1800.7300.8700.8900.8900.8701.0501.040
CPI 229.392229.478231.407229.601232.773233.504234.149233.049236.293238.343
Adj_EPS 0.7050.7260.1880.7680.9020.9200.9180.9011.0731.053
200909200912201003201006201009201012201103201106201109201112
per share eps 0.3600.3300.3400.3700.4100.3100.4900.5400.6400.560
CPI 215.969215.949217.631217.965218.439219.179223.467225.722226.889225.672
Adj_EPS 0.4020.3690.3770.4100.4530.3410.5290.5780.6810.599
200703200706200709200712200803200806200809200812200903200906
per share eps 0.4000.3100.4800.4600.5300.5900.540-2.7100.3800.350
CPI 205.352208.352208.490210.036213.528218.815218.783210.228212.709215.693
Adj_EPS 0.4700.3590.5560.5290.5990.6510.596-3.1120.4310.392

Add all the adjusted EPS together and divide 10 will get our E10.


Explanation

Compared with the regular P/E ratio, which works poorly for cyclical businesses, the Shiller P/E 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 P/E should give similar results to regular P/E.

Compared with the P/S ratio, the Shiller P/E makes the comparison between different industries more meaningful.


Be Aware

The Shiller P/E 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, the Shiller P/E and P/S ratio will give false valuations.


Related Terms

P/E Ratio, P/B Ratio, P/S Ratio, Price-to-Free-Cash-Flow ratio, E10


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

B/E Aerospace Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ShillerPE 0.000.000.000.0076.5441.7744.9436.8324.9931.57

B/E Aerospace Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
ShillerPE 33.8636.8338.4131.7225.0124.9926.0425.0427.4831.57
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