Boeing Co (LIM:BA) Cyclically Adjusted Book per Share: $-15.73 (As of Mar. 2026)


LIM:BA Boeing Co LIM:BA
48 GF Score
Price $228.67
GF Value $208.81
Valuation Fairly Valued
! 3 Warning Signs
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What is Boeing Co Cyclically Adjusted Book per Share?

Boeing Co LIM:BA 48 Cyclically Adjusted Book per Share is $-15.73 as of Mar. 2026. GuruFocus rates LIM:BA with a GF Score™ of 48/100 and a GF Value™ of $208.81 (Fairly Valued). The stock has 3 warning signs investors should review.

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Boeing Co's adjusted book value per share for the three months ended in Mar. 2026 was $7.591. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $-15.73 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -60.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Boeing Co was 3.10% per year. The lowest was -80.50% per year. And the median was -3.85% per year.

As of today (2026-06-24), Boeing Co's current stock price is $228.67. Boeing Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $-15.73. Boeing Co's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Boeing Co was 4519.20. The lowest was 14.14. And the median was 48.37.


Boeing Co  (LIM:BA) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Boeing Co was 4519.20. The lowest was 14.14. And the median was 48.37.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Boeing Co Cyclically Adjusted Book per Share Related Terms


Boeing Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Boeing Co's Cyclically Adjusted Book per Share 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.

Boeing Co Cyclically Adjusted Book per Share Chart

Boeing Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 -3.75 -8.26 -13.49 -14.73

Boeing Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 -14.98 -14.75 -15.21 -14.73 -15.73

LIM:BA vs RTX, LMT, HWM: Cyclically Adjusted Book per Share Comparison

For the Aerospace & Defense subindustry, Boeing Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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 Cyclically Adjusted PB Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Boeing Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Boeing Co's Cyclically Adjusted PB Ratio falls into.


LIM:BA
48GF Score
Boeing Co LIM:BA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Boeing Co Cyclically Adjusted Book per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

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.

For example, Boeing Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=7.591/330.2130*330.2130
=7.591

Current CPI (Mar. 2026) = 330.2130.

Boeing Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.935 241.018 1.281
201609 3.375 241.428 4.616
201612 1.324 241.432 1.811
201703 0.157 243.801 0.213
201706 -3.434 244.955 -4.629
201709 1.818 246.819 2.432
201712 2.802 246.524 3.753
201803 2.092 249.554 2.768
201806 -2.502 251.989 -3.279
201809 -2.265 252.439 -2.963
201812 0.597 251.233 0.785
201903 0.222 254.202 0.288
201906 -9.458 256.143 -12.193
201909 -7.314 256.759 -9.406
201912 -15.308 256.974 -19.671
202003 -17.127 258.115 -21.911
202006 -20.671 257.797 -26.478
202009 -20.940 260.280 -26.566
202012 -31.453 260.474 -39.874
202103 -30.897 264.877 -38.518
202106 -28.474 271.696 -34.607
202109 -24.580 274.310 -29.589
202112 -25.469 278.802 -30.165
202203 -26.038 287.504 -29.906
202206 -25.087 296.311 -27.957
202209 -29.715 296.808 -33.059
202212 -26.578 296.797 -29.570
202303 -25.792 301.836 -28.217
202306 -25.738 305.109 -27.856
202309 -27.669 307.789 -29.685
202312 -28.273 306.746 -30.436
202403 -27.730 312.332 -29.318
202406 -29.204 314.175 -30.695
202409 -38.123 315.301 -39.926
202412 -5.224 315.605 -5.466
202503 -4.421 319.799 -4.565
202506 -4.369 322.561 -4.473
202509 -10.868 324.800 -11.049
202512 6.943 324.054 7.075
202603 7.591 330.213 7.591

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of $-15.73 mean?
Boeing Co (LIM:BA) has a Cyclically Adjusted Book per Share of $-15.73 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Boeing Co and its competitors.
Is Boeing Co's Cyclically Adjusted Book per Share too high?
Boeing Co's current Cyclically Adjusted Book per Share is $-15.73. Overall, Boeing Co has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Boeing Co's Cyclically Adjusted Book per Share compare to RTX and LMT?
Boeing Co's Cyclically Adjusted Book per Share of $-15.73 can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for an Aerospace & Defense company?
A good Cyclically Adjusted Book per Share depends on the Aerospace & Defense industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Boeing Co and its competitors. Boeing Co's current Cyclically Adjusted Book per Share is $-15.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boeing Co stock overvalued right now?
Based on GuruFocus' analysis, Boeing Co (LIM:BA) is currently considered Fairly Valued. The stock's GF Value™ is $208.81, compared to a current price of $228.67 — trading 9.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is $-15.73. Boeing Co's overall GF Score™ is 48/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Boeing Co (LIM:BA), the current Cyclically Adjusted Book per Share is $-15.73 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Boeing Co (LIM:BA) Overvalued in 2026?

Based on GuruFocus' analysis, Boeing Co stock appears to be overvalued. The current stock price of $228.67 is trading 9.5% above its estimated GF Value™ of $208.81. GuruFocus considers Boeing Co to be Fairly Valued.

Key valuation signals for LIM:BA:

  • Cyclically Adjusted Book per Share: $-15.73
  • GF Value™: $208.81 vs. price of $228.67 (9.5% above fair value)
  • GF Score™: 48/100 with 3 warning signs

No single metric tells the full story. See the LIM:BA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Boeing Co Business Description

Address 929 Long Bridge Drive, Arlington, VA, USA, 22202
Boeing is a major aerospace and defense firm operating in three segments: commercial airplanes; defense, space, and security; and global services. Boeing's commercial airplanes segment competes with Airbus in the production of aircraft that can carry more than 130 passengers. Boeing's defense, space, and security segment competes with defense contractors such as Lockheed Martin and Northrop Grumman to create military aircraft, satellites, and weaponry. Global services provides aftermarket support to airlines.
48GF Score

Get the complete analysis for LIM:BA

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$228.67
Price
$208.81
GF Value