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Boeing Co (BSP:BOEI34) Shiller PE Ratio : 88.74 (As of Apr. 26, 2024)


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What is Boeing Co Shiller PE Ratio?

As of today (2024-04-26), Boeing Co's current share price is R$862.58. Boeing Co's E10 for the quarter that ended in Mar. 2024 was R$9.72. Boeing Co's Shiller PE Ratio for today is 88.74.

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

BSP:BOEI34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12   Med: 37.58   Max: 115.28
Current: 85.94

During the past years, Boeing Co's highest Shiller PE Ratio was 115.28. The lowest was 12.00. And the median was 37.58.

BSP:BOEI34's Shiller PE Ratio is ranked worse than
82.35% of 136 companies
in the Aerospace & Defense industry
Industry Median: 38.245 vs BSP:BOEI34: 85.94

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 R$-2.789. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$9.72 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 99.43

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
=862.58/9.72
=88.74

* 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)
=-2.789/129.4194*129.4194
=-2.789

Current CPI (Mar. 2024) = 129.4194.

Boeing Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 5.009 100.560 6.447
201409 4.348 100.428 5.603
201412 5.337 99.070 6.972
201503 5.874 99.621 7.631
201506 4.948 100.684 6.360
201509 9.641 100.392 12.429
201512 5.860 99.792 7.600
201603 6.767 100.470 8.717
201606 -1.267 101.688 -1.613
201609 11.712 101.861 14.881
201612 8.687 101.863 11.037
201703 7.944 102.862 9.995
201706 9.458 103.349 11.844
201709 9.366 104.136 11.640
201712 17.068 104.011 21.237
201803 13.608 105.290 16.727
201806 14.066 106.317 17.123
201809 16.722 106.507 20.319
201812 23.029 105.998 28.118
201903 14.403 107.251 17.380
201906 -20.088 108.070 -24.057
201909 8.445 108.329 10.089
201912 -7.347 108.420 -8.770
202003 -5.424 108.902 -6.446
202006 -21.791 108.767 -25.929
202009 -4.266 109.815 -5.028
202012 -75.370 109.897 -88.759
202103 -5.184 111.754 -6.003
202106 5.028 114.631 5.677
202109 -1.003 115.734 -1.122
202112 -39.697 117.630 -43.676
202203 -10.251 121.301 -10.937
202206 1.615 125.017 1.672
202209 -28.787 125.227 -29.751
202212 -5.560 125.222 -5.746
202303 -3.594 127.348 -3.652
202306 -1.213 128.729 -1.220
202309 -13.334 129.860 -13.289
202312 -0.196 129.419 -0.196
202403 -2.789 129.419 -2.789

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  (BSP:BOEI34) 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 (BSP:BOEI34) 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 (BSP:BOEI34) Headlines

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