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GE Aerospace (BUE:GE) Cyclically Adjusted Price-to-FCF : 29.35 (As of Apr. 29, 2024)


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What is GE Aerospace Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), GE Aerospace's current share price is ARS22067.00. GE Aerospace's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ARS751.88. GE Aerospace's Cyclically Adjusted Price-to-FCF for today is 29.35.

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

BUE:GE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.88   Med: 7.03   Max: 37.59
Current: 37.59

During the past years, GE Aerospace's highest Cyclically Adjusted Price-to-FCF was 37.59. The lowest was 2.88. And the median was 7.03.

BUE:GE's Cyclically Adjusted Price-to-FCF is ranked worse than
52.25% of 111 companies
in the Aerospace & Defense industry
Industry Median: 36.1 vs BUE:GE: 37.59

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.

GE Aerospace's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ARS2,180.723. 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 ARS751.88 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GE Aerospace Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for GE Aerospace'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.

GE Aerospace Cyclically Adjusted Price-to-FCF Chart

GE Aerospace 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 5.54 6.74 8.63 8.56 22.97

GE Aerospace 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 12.60 15.24 15.49 22.97 32.41

Competitive Comparison of GE Aerospace's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, GE Aerospace'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.


GE Aerospace's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

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

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



GE Aerospace 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.

GE Aerospace's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=22067.00/751.88
=29.35

* 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.

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

For example, GE Aerospace'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)
=2180.723/129.4194*129.4194
=2,180.723

Current CPI (Mar. 2024) = 129.4194.

GE Aerospace Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 158.064 100.560 203.427
201409 158.113 100.428 203.757
201412 314.282 99.070 410.561
201503 160.992 99.621 209.147
201506 163.446 100.684 210.094
201509 308.290 100.392 397.431
201512 182.883 99.792 237.178
201603 -56.779 100.470 -73.139
201606 -302.816 101.688 -385.397
201609 -462.062 101.861 -587.072
201612 13.796 101.863 17.528
201703 -117.723 102.862 -148.117
201706 11.368 103.349 14.236
201709 -85.571 104.136 -106.347
201712 180.810 104.011 224.979
201803 -145.974 105.290 -179.428
201806 -291.746 106.317 -355.142
201809 -674.909 106.507 -820.102
201812 1,065.572 105.998 1,301.023
201903 -240.471 107.251 -290.177
201906 -318.141 108.070 -380.992
201909 139.655 108.329 166.844
201912 2,346.399 108.420 2,800.860
202003 -226.171 108.902 -268.783
202006 -531.406 108.767 -632.306
202009 341.707 109.815 402.710
202012 1,232.188 109.897 1,451.080
202103 -948.728 111.754 -1,098.693
202106 97.402 114.631 109.967
202109 891.966 115.734 997.437
202112 1,119.512 117.630 1,231.720
202203 -398.741 121.301 -425.428
202206 143.432 125.017 148.483
202209 742.970 125.227 767.847
202212 3,164.336 125.222 3,270.409
202303 -501.528 127.348 -509.686
202306 119.126 128.729 119.765
202309 2,262.416 129.860 2,254.749
202312 4,276.638 129.419 4,276.638
202403 2,180.723 129.419 2,180.723

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.


GE Aerospace  (BUE:GE) 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.


GE Aerospace Cyclically Adjusted Price-to-FCF Related Terms

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


GE Aerospace (BUE:GE) Business Description

Industry
Address
5 Necco Street, Boston, MA, USA, 02210
GE was formed through the combination of two companies in 1892, including one with historical ties to American inventor Thomas Edison. Today, GE is a global leader in air travel and in the energy transition. The company is known for its differentiated technology and its massive industrial installed base of equipment sprawled throughout the world. That installed base most notably includes aerospace engines, gas and steam turbines, and onshore and offshore wind turbines. GE earns most of its profits on the service revenue of that equipment, which is generally higher-margin. The company is led by Danaher alumnus Larry Culp, who is leading a multiyear turnaround of the conglomerate based on lean principles.