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Boeing Co (MEX:BA) Cyclically Adjusted Price-to-FCF : 52.39 (As of Jun. 23, 2024)


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

As of today (2024-06-23), Boeing Co's current share price is MXN3205.00. Boeing Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was MXN61.17. Boeing Co's Cyclically Adjusted Price-to-FCF for today is 52.39.

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

MEX:BA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.23   Med: 32.33   Max: 65.09
Current: 46.92

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 32.33.

MEX:BA's Cyclically Adjusted Price-to-FCF is ranked worse than
59.43% of 106 companies
in the Aerospace & Defense industry
Industry Median: 35.325 vs MEX:BA: 46.92

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 MXN-106.390. 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 MXN61.17 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
=3205.00/61.17
=52.39

* 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)
=-106.39/131.7762*131.7762
=-106.390

Current CPI (Mar. 2024) = 131.7762.

Boeing Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 23.875 100.560 31.287
201409 5.826 100.428 7.645
201412 88.239 99.070 117.370
201503 -10.390 99.621 -13.744
201506 58.574 100.684 76.662
201509 56.458 100.392 74.108
201512 63.060 99.792 83.271
201603 13.646 100.470 17.898
201606 73.328 101.688 95.025
201609 79.671 101.861 103.069
201612 73.268 101.863 94.784
201703 49.531 102.862 63.454
201706 129.996 103.349 165.753
201709 89.811 104.136 113.649
201712 80.249 104.011 101.671
201803 82.904 105.290 103.759
201806 142.626 106.317 176.780
201809 132.244 106.507 163.620
201812 82.940 105.998 103.111
201903 77.585 107.251 95.327
201906 -35.071 108.070 -42.764
201909 -100.307 108.329 -122.017
201912 -92.630 108.420 -112.585
202003 -196.160 108.902 -237.363
202006 -229.354 108.767 -277.872
202009 -198.277 109.815 -237.929
202012 -147.346 109.897 -176.681
202103 -128.516 111.754 -151.541
202106 -23.794 114.631 -27.353
202109 -17.711 115.734 -20.166
202112 17.185 117.630 19.252
202203 -120.025 121.301 -130.390
202206 -6.142 125.017 -6.474
202209 98.028 125.227 103.155
202212 102.145 125.222 107.492
202303 -23.526 127.348 -24.344
202306 73.057 128.729 74.787
202309 -8.893 129.860 -9.024
202312 82.332 129.419 83.831
202403 -106.390 131.776 -106.390

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  (MEX: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 (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.