GE (GE Aerospace) Cyclically Adjusted PB Ratio: 8.32 (As of Jul. 07, 2026) — 835% Above Median


GE GE Aerospace GE
72 GF Score
Price $366.98
GF Value $247.18
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is GE Aerospace Cyclically Adjusted PB Ratio?

GE Aerospace GE -3.09% 72 Cyclically Adjusted PB Ratio is 8.32 as of Jul. 07, 2026, which is 835% above its 10-year median of 0.89. GuruFocus rates GE with a GF Score™ of 72/100 and a GF Value™ of $247.18 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 214 Aerospace & Defense companies, GE Aerospace ranks worse than 78.5% on this metric.

As of today (2026-07-07), GE Aerospace's current share price is $366.98. GE Aerospace's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $44.10. GE Aerospace's Cyclically Adjusted PB Ratio for today is 8.32.

The historical rank and industry rank for GE Aerospace's Cyclically Adjusted PB Ratio or its related term are showing as below:

GE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.89   Max: 8.59
Current: 8.59

During the past years, GE Aerospace's highest Cyclically Adjusted PB Ratio was 8.59. The lowest was 0.33. And the median was 0.89.

GE's Cyclically Adjusted PB Ratio is ranked worse than
78.5% of 214 companies
in the Aerospace & Defense industry
Industry Median: 4.065 vs GE: 8.59

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.

GE Aerospace's adjusted book value per share data for the three months ended in Mar. 2026 was $17.307. 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 $44.10 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


GE Aerospace  (NYSE:GE) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


GE Aerospace Cyclically Adjusted PB Ratio Related Terms


GE Aerospace Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for GE Aerospace's Cyclically Adjusted PB 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.

GE Aerospace Cyclically Adjusted PB Ratio Chart

GE Aerospace Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.72 1.58 3.08 6.76

GE Aerospace Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB 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 3.83 5.12 6.26 6.76 6.43

GE vs RTX, BA, LMT: Cyclically Adjusted PB Ratio Comparison

For the Aerospace & Defense subindustry, GE Aerospace'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.


GE Aerospace Cyclically Adjusted PB Ratio vs Aerospace & Defense Industry

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

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


GE
72GF Score
GE Aerospace GE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GE Aerospace Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

GE Aerospace's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=366.98/44.10
=8.32

* 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's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, GE Aerospace'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)
=17.307/330.2130*330.2130
=17.307

Current CPI (Mar. 2026) = 330.2130.

GE Aerospace Quarterly Data

Book Value per Share CPI Adj_Book
201606 75.869 241.018 103.946
201609 74.042 241.428 101.271
201612 69.382 241.432 94.896
201703 68.658 243.801 92.993
201706 68.508 244.955 92.353
201709 70.201 246.819 93.920
201712 51.632 246.524 69.160
201803 51.543 249.554 68.202
201806 50.685 251.989 66.419
201809 28.924 252.439 37.835
201812 28.475 251.233 37.427
201903 32.249 254.202 41.892
201906 32.827 256.143 42.320
201909 25.583 256.759 32.902
201912 25.918 256.974 33.305
202003 32.265 258.115 41.277
202006 30.771 257.797 39.415
202009 30.378 260.280 38.540
202012 32.442 260.474 41.128
202103 30.601 264.877 38.149
202106 30.502 271.696 37.071
202109 34.122 274.310 41.076
202112 36.672 278.802 43.434
202203 35.432 287.504 40.695
202206 31.593 296.311 35.208
202209 28.800 296.808 32.041
202212 30.934 296.797 34.417
202303 29.064 301.836 31.796
202306 28.658 305.109 31.016
202309 26.337 307.789 28.256
202312 25.177 306.746 27.103
202403 27.275 312.332 28.836
202406 17.152 314.175 18.028
202409 17.439 315.301 18.264
202412 18.014 315.605 18.848
202503 18.053 319.799 18.641
202506 18.044 322.561 18.472
202509 17.834 324.800 18.131
202512 17.809 324.054 18.147
202603 17.307 330.213 17.307

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

What does a Cyclically Adjusted PB Ratio of 8.32 mean?
GE Aerospace (GE) has a Cyclically Adjusted PB Ratio of 8.32 as of Jul. 07, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on GE Aerospace and its competitors. This is 835% above median its historical median of 0.89. Over the past decade, GE Aerospace's Cyclically Adjusted PB Ratio has ranged from 0.33 to 8.59. According to the industry distribution chart, GE Aerospace ranks #168 out of 214 companies in the Aerospace & Defense industry, placing it in the top 78.5%.
Is GE Aerospace's Cyclically Adjusted PB Ratio too high?
GE Aerospace's current Cyclically Adjusted PB Ratio of 8.32 is 835% above median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 8.59. The Aerospace & Defense industry median Cyclically Adjusted PB Ratio is 4.07. GE Aerospace's value of 8.32 is 104.7% above this industry median. Based on the distribution chart, GE Aerospace ranks #168 out of 214 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, GE Aerospace has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GE Aerospace's Cyclically Adjusted PB Ratio compare to RTX and BA?
According to the Aerospace & Defense industry distribution chart, GE Aerospace ranks #168 out of 214 companies for Cyclically Adjusted PB Ratio. This places GE Aerospace in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 4.07. GE Aerospace's value of 8.32 is 104.7% above this benchmark. Historically, GE Aerospace's own Cyclically Adjusted PB Ratio has ranged from 0.33 to 8.59 over the past decade. While the company's 10-year median is 0.89 vs. the industry median of 4.07, GE Aerospace has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Aerospace & Defense company?
The median Cyclically Adjusted PB Ratio among Aerospace & Defense companies is 4.07, based on 214 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. GE Aerospace's current Cyclically Adjusted PB Ratio of 8.32 is 104.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on GE Aerospace and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PB Ratio is 4.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GE Aerospace's current Cyclically Adjusted PB Ratio is 8.32, which is 835% above median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GE Aerospace stock overvalued right now?
Based on GuruFocus' analysis, GE Aerospace (GE) is currently considered Significantly Overvalued. The stock's GF Value™ is $247.18, compared to a current price of $366.98 — trading 48.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 8.32, which is 835% above median its 10-year median of 0.89 and 104.7% above the Aerospace & Defense industry median of 4.07. GE Aerospace's overall GF Score™ is 72/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For GE Aerospace (GE), the current Cyclically Adjusted PB Ratio is 8.32 as of Jul. 07, 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 GE Aerospace (GE) Overvalued in 2026?

Based on GuruFocus' analysis, GE Aerospace stock appears to be overvalued. The current stock price of $366.98 is trading 48.5% above its estimated GF Value™ of $247.18. GuruFocus considers GE Aerospace to be Significantly Overvalued.

Key valuation signals for GE:

  • Cyclically Adjusted PB Ratio: 8.32 (835% above median its 10-year median of 0.89)
  • GF Value™: $247.18 vs. price of $366.98 (48.5% above fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 104.7% above the Aerospace & Defense median (#168 of 214)

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


GE Aerospace Business Description

Address 1 Neumann Way, Evendale, OH, USA, 45215
GE Aerospace is the global leader in designing, manufacturing, and servicing commercial aircraft turbine engines, along with partner Safran in their CFM joint venture. With its massive global installed base of nearly 80,000 commercial and military engines, GE Aerospace earns most of its profits on recurring service revenue of that equipment, which operates for decades. GE Aerospace is the remaining core business of the company formed in 1892 with historical ties to American inventor Thomas Edison; General Electric became a storied conglomerate, with peak revenue of $130 billion in 2000, until it spun off its appliance, finance, healthcare, and wind and power businesses between 2016 and 2024.
72GF Score

Get the complete analysis for GE

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

$366.98
Price
$247.18
GF Value