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B/E Aerospace Inc (NAS:BEAV)
Shiller P/E Ratio
31.82 (As of Today)

As of today, B/E Aerospace Inc's current share price is $60.14. B/E Aerospace Inc's E10 for the quarter that ended in Sep. 2016 was $1.89. B/E Aerospace Inc's Shiller P/E Ratio for today is 31.82.

BEAV' s Shiller P/E Ratio Range Over the Past 10 Years
Min: 22.3   Max: 94.43
Current: 31.88

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 40.31.

BEAV's Shiller P/E Ratio is ranked lower than
54% of the 74 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 27.22 vs. BEAV: 31.88 )

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 Sep. 2016 was $0.830. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.89 for the trailing ten years ended in Sep. 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
=60.14/1.89
=31.82

* 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 Dec15 is calculated as:

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

Adj_EPS=Earnigns per Share/CPI of Sep. 2016 (Change)*Current CPI (Sep. 2016)
=0.83/241.428*241.428
=0.830

Current CPI (Sep. 2016) = 241.428.

B/E Aerospace Inc Quarterly Data

201406201409201412201503201506201509201512201603201606201609
per share eps 1.0400.980-2.0800.7400.7500.4400.8000.8100.8400.830
CPI 238.343238.031234.812236.119238.638237.945236.525238.132241.018241.428
Adj_EPS 1.0530.994-2.1390.7570.7590.4460.8170.8210.8410.830
201112201203201206201209201212201303201306201309201312201403
per share eps 0.5600.6700.6900.1800.7300.8700.8900.8900.8701.050
CPI 225.672229.392229.478231.407229.601232.773233.504234.149233.049236.293
Adj_EPS 0.5990.7050.7260.1880.7680.9020.9200.9180.9011.073
200906200909200912201003201006201009201012201103201106201109
per share eps 0.3500.3600.3300.3400.3700.4100.3100.4900.5400.640
CPI 215.693215.969215.949217.631217.965218.439219.179223.467225.722226.889
Adj_EPS 0.3920.4020.3690.3770.4100.4530.3410.5290.5780.681
200612200703200706200709200712200803200806200809200812200903
per share eps 0.2800.4000.3100.4800.4600.5300.5900.540-2.7100.380
CPI 201.800205.352208.352208.490210.036213.528218.815218.783210.228212.709
Adj_EPS 0.3350.4700.3590.5560.5290.5990.6510.596-3.1120.431

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

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ShillerPE 0.000.000.000.000.0076.2941.7044.8536.7424.93

B/E Aerospace Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
ShillerPE 39.6034.1236.7438.3231.6525.2024.9326.2224.9727.40
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