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GE Aerospace (GE Aerospace) Price-to-Owner-Earnings

: 12.67 (As of Today)
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As of today (2024-04-23), GE Aerospace's share price is $150.19. GE Aerospace's Owner Earnings per Share (TTM) ended in Dec. 2023 was $11.85. It's Price-to-Owner-Earnings for today is 12.67.


The historical rank and industry rank for GE Aerospace's Price-to-Owner-Earnings or its related term are showing as below:

GE' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 6.74   Med: 19.61   Max: 220.43
Current: 12.67

During the past 13 years, the highest Price-to-Owner-Earnings of GE Aerospace was 220.43. The lowest was 6.74. And the median was 19.61.


GE's Price-to-Owner-Earnings is ranked better than
69.53% of 128 companies
in the Aerospace & Defense industry
Industry Median: 22.115 vs GE: 12.67

As of today (2024-04-23), GE Aerospace's share price is $150.19. GE Aerospace's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $8.37. Therefore, GE Aerospace's PE Ratio for today is 17.94.

As of today (2024-04-23), GE Aerospace's share price is $150.19. GE Aerospace's EPS without NRI for the trailing twelve months (TTM) ended in was $3.25. Therefore, GE Aerospace's PE Ratio without NRI for today is 46.23.

During the past 13 years, GE Aerospace's highest PE Ratio without NRI was 155.57. The lowest was 6.24. And the median was 17.09.


GE Aerospace Price-to-Owner-Earnings Historical Data

The historical data trend for GE Aerospace's Price-to-Owner-Earnings 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.

GE Aerospace Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Owner-Earnings
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 12.40 - 20.69 8.59

GE Aerospace Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Owner-Earnings 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 Premium Member Only Premium Member Only Premium Member Only 20.69 7.16 7.53 7.02 8.59

Competitive Comparison

For the Aerospace & Defense subindustry, GE Aerospace's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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 Price-to-Owner-Earnings Distribution

For the Aerospace & Defense industry and Industrials sector, GE Aerospace's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where GE Aerospace's Price-to-Owner-Earnings falls into.



GE Aerospace Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

GE Aerospace's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=150.19/11.85
=12.67

* 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.


GE Aerospace  (NYSE:GE) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


GE Aerospace Price-to-Owner-Earnings Related Terms

Thank you for viewing the detailed overview of GE Aerospace's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.


GE Aerospace (GE Aerospace) 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.
Executives
Michael J Holston officer: Senior Vice President GENERAL ELECTRIC COMPANY, ONE FINANCIAL CENTER, SUITE 3700, BOSTON MA 02111
Rahul Ghai officer: Senior Vice President GENERAL ELECTRIC COMPANY, 5 NECCO STREET, BOSTON MA 02210
Scott Strazik officer: Senior Vice President ONE FINANCIAL CENTER, SUITE 3700, BOSTON MA 02111
Jessica R. Uhl director 200 WEST STREET, NEW YORK NY 10282
Thomas S Timko officer: Vice President 300 RENAISSANCE CENTER, M/C: 482-C25-A36, DETROIT MI 48265-3000
Darren W Mcdew director 100 ABBOTT PARK ROAD, ABBOTT PARK IL 60064
L Kevin Cox officer: Senior Vice President THE PEPSI BOTTLING GROUP, INC., ONE PEPSI WAY, SOMERS NY 10589
Russell Stokes officer: Senior Vice President ONE FINANCIAL CENTER, SUITE 3700, BOSTON MA 02111
Happe Carolina Dybeck officer: Senior Vice President 5 NECCO STREET, BOSTON MA 02210
John S. Slattery officer: Executive Vice President 5 NECCO STREET, BOSTON MA 02210
Thomas W Horton director 4333 AMON CARTER BLVD., FORTH WORTH TX 76155
Isabella D Goren director C/O LYONDELLBASELL INDUSTRIES N V, DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Francisco Dsouza director 500 GLENPOINTE CENTRE W, TEANECK NJ 07666
Risa J Lavizzo-mourey director GE HEALTHCARE TECHNOLOGIES INC., 500 W. MONROE ST., CHICAGO IL 60661
Paula Rosput Reynolds director 605 HILLSIDE DRIVE EAST, SEATTLE WA 98112