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Boeing Co (XBUL:BCO) Cyclically Adjusted PB Ratio : (As of May. 25, 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)
=-7.612/134.9266*134.9266
=-7.612

Current CPI (Mar. 2025) = 134.9266.

Boeing Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 15.834 100.684 21.219
201509 17.293 100.392 23.242
201512 16.360 99.792 22.120
201603 10.879 100.470 14.610
201606 1.609 101.688 2.135
201609 5.810 101.861 7.696
201612 2.279 101.863 3.019
201703 0.270 102.862 0.354
201706 -5.912 103.349 -7.718
201709 3.130 104.136 4.055
201712 4.824 104.011 6.258
201803 3.601 105.290 4.615
201806 -4.308 106.317 -5.467
201809 -3.900 106.507 -4.941
201812 1.028 105.998 1.309
201903 0.382 107.251 0.481
201906 -16.282 108.070 -20.328
201909 -12.591 108.329 -15.682
201912 -26.353 108.420 -32.796
202003 -29.485 108.902 -36.531
202006 -35.586 108.767 -44.145
202009 -36.049 109.815 -44.292
202012 -54.149 109.897 -66.482
202103 -53.191 111.754 -64.220
202106 -49.019 114.631 -57.698
202109 -42.316 115.734 -49.333
202112 -43.846 117.630 -50.293
202203 -44.825 121.301 -49.860
202206 -43.189 125.017 -46.612
202209 -51.156 125.227 -55.119
202212 -45.756 125.222 -49.302
202303 -44.402 127.348 -47.044
202306 -44.309 128.729 -46.442
202309 -47.634 129.860 -49.493
202312 -48.674 129.419 -50.745
202403 -47.738 131.776 -48.879
202406 -50.276 132.554 -51.176
202409 -65.630 133.029 -66.566
202412 -8.994 133.157 -9.114
202503 -7.612 134.927 -7.612

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  (XBUL:BCO) 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 and Northrop to create military aircraft, satellites, and weaponry. Global services provides aftermarket support to airlines.