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Boeing Co (MEX:BA) Cyclically Adjusted PB Ratio : (As of Jun. 23, 2024)


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What is Boeing Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Boeing Co Cyclically Adjusted PB Ratio Historical Data

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.

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Boeing Co Cyclically Adjusted PB Ratio Chart

Boeing Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.79 63.49 4,116.82 - -

Boeing Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Competitive Comparison of Boeing Co's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.



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. 2024 is calculated as:

For example, Boeing Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-460.212/131.7762*131.7762
=-460.212

Current CPI (Mar. 2024) = 131.7762.

Boeing Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 252.807 100.560 331.286
201409 272.945 100.428 358.144
201412 180.846 99.070 240.550
201503 173.669 99.621 229.725
201506 144.308 100.684 188.872
201509 169.745 100.392 222.811
201512 163.406 99.792 215.778
201603 108.776 100.470 142.670
201606 17.286 101.688 22.401
201609 65.258 101.861 84.423
201612 27.293 101.863 35.308
201703 2.953 102.862 3.783
201706 -62.072 103.349 -79.145
201709 32.994 104.136 41.752
201712 55.027 104.011 69.716
201803 38.001 105.290 47.561
201806 -49.168 106.317 -60.942
201809 -42.374 106.507 -52.428
201812 11.726 105.998 14.578
201903 4.304 107.251 5.288
201906 -181.676 108.070 -221.529
201909 -144.385 108.329 -175.636
201912 -288.709 108.420 -350.903
202003 -401.594 108.902 -485.949
202006 -477.125 108.767 -578.057
202009 -462.587 109.815 -555.097
202012 -625.673 109.897 -750.238
202103 -631.569 111.754 -744.720
202106 -566.796 114.631 -651.569
202109 -505.412 115.734 -575.467
202112 -522.467 117.630 -585.301
202203 -518.435 121.301 -563.206
202206 -504.703 125.017 -531.991
202209 -597.720 125.227 -628.982
202212 -518.173 125.222 -545.295
202303 -464.897 127.348 -481.063
202306 -441.247 128.729 -451.693
202309 -481.963 129.860 -489.077
202312 -479.918 129.419 -488.658
202403 -460.212 131.776 -460.212

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.


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

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Boeing Co (MEX:BA) Business Description

Industry
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 (MEX:BA) Headlines

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