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Boeing Co (WBO:BA) Cyclically Adjusted PB Ratio : (As of Jun. 01, 2025)


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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 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.49 4,116.82 - - -

Boeing Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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.


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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. 2025 is calculated as:

For example, Boeing Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-4.09/134.9266*134.9266
=-4.090

Current CPI (Mar. 2025) = 134.9266.

Boeing Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 8.195 100.684 10.982
201509 8.950 100.392 12.029
201512 8.724 99.792 11.795
201603 5.674 100.470 7.620
201606 0.832 101.688 1.104
201609 3.007 101.861 3.983
201612 1.255 101.863 1.662
201703 0.147 102.862 0.193
201706 -3.056 103.349 -3.990
201709 1.525 104.136 1.976
201712 2.368 104.011 3.072
201803 1.696 105.290 2.173
201806 -2.142 106.317 -2.718
201809 -1.941 106.507 -2.459
201812 0.525 105.998 0.668
201903 0.196 107.251 0.247
201906 -8.370 108.070 -10.450
201909 -6.641 108.329 -8.272
201912 -13.777 108.420 -17.145
202003 -15.500 108.902 -19.204
202006 -18.356 108.767 -22.771
202009 -17.778 109.815 -21.843
202012 -25.855 109.897 -31.744
202103 -25.954 111.754 -31.336
202106 -23.633 114.631 -27.817
202109 -20.893 115.734 -24.358
202112 -22.540 117.630 -25.854
202203 -23.642 121.301 -26.298
202206 -23.732 125.017 -25.613
202209 -30.012 125.227 -32.337
202212 -25.090 125.222 -27.034
202303 -24.090 127.348 -25.524
202306 -23.756 128.729 -24.900
202309 -25.926 129.860 -26.938
202312 -25.927 129.419 -27.030
202403 -25.511 131.776 -26.121
202406 -27.131 132.554 -27.617
202409 -34.348 133.029 -34.838
202412 -4.989 133.157 -5.055
202503 -4.090 134.927 -4.090

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  (WBO: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 Business Description

Industry
Address
929 Long Bridge Drive, Arlington, VA, USA, 22202
Boeing is a major aerospace and defense firm. It operates 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.