Boeing Co (MEX:BA) Cyclically Adjusted PB Ratio: (As of Jul. 14, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:BA Boeing Co MEX:BA
60 GF Score
Price MXN3,783.15
GF Value MXN3,523.34
Valuation Fairly Valued
! 3 Warning Signs
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What is Boeing Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Boeing Co  (MEX:BA) 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.


Boeing Co Cyclically Adjusted PB Ratio Related Terms


Boeing Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Boeing Co'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.

Boeing Co Cyclically Adjusted PB Ratio Chart

Boeing Co 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 4,116.82 0.00 0.00 0.00 0.00

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 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 0.00 0.00 0.00 0.00 0.00

MEX:BA vs LMT, HWM, GD: Cyclically Adjusted PB Ratio 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.


MEX:BA
60GF Score
Boeing Co MEX:BA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Boeing Co 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.

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

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)
=136.884/330.2130*330.2130
=136.884

Current CPI (Mar. 2026) = 330.2130.

Boeing Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 17.286 241.018 23.683
201609 65.258 241.428 89.257
201612 27.293 241.432 37.329
201703 2.953 243.801 4.000
201706 -62.072 244.955 -83.677
201709 32.994 246.819 44.142
201712 55.027 246.524 73.707
201803 38.001 249.554 50.283
201806 -49.168 251.989 -64.431
201809 -42.374 252.439 -55.429
201812 11.726 251.233 15.412
201903 4.304 254.202 5.591
201906 -181.676 256.143 -234.212
201909 -144.385 256.759 -185.691
201912 -288.709 256.974 -370.993
202003 -401.594 258.115 -513.769
202006 -477.125 257.797 -611.151
202009 -462.587 260.280 -586.877
202012 -625.673 260.474 -793.190
202103 -631.569 264.877 -787.355
202106 -566.796 271.696 -688.871
202109 -505.412 274.310 -608.412
202112 -522.467 278.802 -618.810
202203 -518.435 287.504 -595.449
202206 -504.703 296.311 -562.448
202209 -597.720 296.808 -664.992
202212 -518.173 296.797 -576.513
202303 -464.897 301.836 -508.604
202306 -441.247 305.109 -477.552
202309 -481.963 307.789 -517.076
202312 -479.918 306.746 -516.633
202403 -460.212 312.332 -486.559
202406 -535.021 314.175 -562.333
202409 -750.646 315.301 -786.147
202412 -108.953 315.605 -113.996
202503 -90.455 319.799 -93.401
202506 -82.257 322.561 -84.208
202509 -199.361 324.800 -202.683
202512 125.010 324.054 127.386
202603 136.884 330.213 136.884

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.

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

Based on GuruFocus' analysis, Boeing Co stock appears to be overvalued. The current stock price of MXN3,783.15 is trading 7.4% above its estimated GF Value™ of MXN3,523.34. GuruFocus considers Boeing Co to be Fairly Valued.

Key valuation signals for MEX:BA:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: MXN3,523.34 vs. price of MXN3,783.15 (7.4% above fair value)
  • GF Score™: 60/100 with 3 warning signs

No single metric tells the full story. See the MEX: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.
60GF Score

Get the complete analysis for MEX:BA

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

MXN3,783.15
Price
MXN3,523.34
GF Value