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Boeing Co (BUE:BA) Cyclically Adjusted Price-to-FCF : 53.24 (As of Jun. 11, 2024)


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What is Boeing Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-11), Boeing Co's current share price is ARS8962.00. Boeing Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ARS168.34. Boeing Co's Cyclically Adjusted Price-to-FCF for today is 53.24.

The historical rank and industry rank for Boeing Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BUE:BA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.23   Med: 32.21   Max: 65.09
Current: 50.52

During the past years, Boeing Co's highest Cyclically Adjusted Price-to-FCF was 65.09. The lowest was 10.23. And the median was 32.21.

BUE:BA's Cyclically Adjusted Price-to-FCF is ranked worse than
61.68% of 107 companies
in the Aerospace & Defense industry
Industry Median: 35.45 vs BUE:BA: 50.52

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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Boeing Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ARS-1,800.104. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ARS168.34 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Boeing Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Boeing Co's Cyclically Adjusted Price-to-FCF 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.

* Premium members only.

Boeing Co Cyclically Adjusted Price-to-FCF Chart

Boeing Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.05 37.95 41.34 41.74 58.82

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 Price-to-FCF 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 47.10 47.20 47.17 58.82 51.28

Competitive Comparison of Boeing Co's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, Boeing Co's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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 Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Boeing Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Boeing Co's Cyclically Adjusted Price-to-FCF falls into.



Boeing Co Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF 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 Price-to-FCF.

Boeing Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=8962.00/168.34
=53.24

* 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's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-1800.104/131.7762*131.7762
=-1,800.104

Current CPI (Mar. 2024) = 131.7762.

Boeing Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 4.985 100.560 6.532
201409 1.218 100.428 1.598
201412 17.050 99.070 22.679
201503 -2.003 99.621 -2.650
201506 11.306 100.684 14.797
201509 10.470 100.392 13.743
201512 15.821 99.792 20.892
201603 3.859 100.470 5.061
201606 18.475 101.688 23.941
201609 20.486 101.861 26.502
201612 18.777 101.863 24.291
201703 13.517 102.862 17.317
201706 39.521 103.349 50.392
201709 28.904 104.136 36.576
201712 26.005 104.011 32.947
201803 30.645 105.290 38.354
201806 60.336 106.317 74.785
201809 86.714 106.507 107.288
201812 53.085 105.998 65.995
201903 52.110 107.251 64.026
201906 -27.188 108.070 -33.152
201909 -94.709 108.329 -115.208
201912 -97.849 108.420 -118.928
202003 -173.068 108.902 -209.421
202006 -226.727 108.767 -274.689
202009 -222.090 109.815 -266.505
202012 -200.915 109.897 -240.915
202103 -188.764 111.754 -222.583
202106 -37.740 114.631 -43.385
202109 -28.072 115.734 -31.963
202112 28.197 117.630 31.588
202203 -215.727 121.301 -234.357
202206 -12.245 125.017 -12.907
202209 225.696 125.227 237.501
202212 292.760 125.222 308.084
202303 -85.940 127.348 -88.928
202306 340.878 128.729 348.948
202309 -59.549 129.860 -60.428
202312 583.604 129.419 594.232
202403 -1,800.104 131.776 -1,800.104

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF 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  (BUE:BA) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow 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 Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Boeing Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Boeing Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Boeing Co (BUE: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.

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