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Boeing Co (BUE:BA) Cyclically Adjusted PS Ratio : 1.25 (As of Jun. 11, 2024)


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What is Boeing Co Cyclically Adjusted PS Ratio?

As of today (2024-06-11), Boeing Co's current share price is ARS8962.00. Boeing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ARS7,145.12. Boeing Co's Cyclically Adjusted PS Ratio for today is 1.25.

The historical rank and industry rank for Boeing Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

BUE:BA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.39   Max: 3.35
Current: 1.19

During the past years, Boeing Co's highest Cyclically Adjusted PS Ratio was 3.35. The lowest was 0.70. And the median was 1.39.

BUE:BA's Cyclically Adjusted PS Ratio is ranked better than
56.81% of 213 companies
in the Aerospace & Defense industry
Industry Median: 1.47 vs BUE:BA: 1.19

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Boeing Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ARS7,591.225. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ARS7,145.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Boeing Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Boeing Co's Cyclically Adjusted PS 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.

* Premium members only.

Boeing Co Cyclically Adjusted PS Ratio Chart

Boeing Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.39 1.55 1.37 1.23 1.65

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 PS 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 1.36 1.34 1.21 1.65 1.21

Competitive Comparison of Boeing Co's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, Boeing Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Boeing Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Boeing Co's Cyclically Adjusted PS Ratio falls into.



Boeing Co Cyclically Adjusted PS Ratio Calculation

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

Boeing Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8962.00/7145.12
=1.25

* 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 Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=7591.225/131.7762*131.7762
=7,591.225

Current CPI (Mar. 2024) = 131.7762.

Boeing Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 80.806 100.560 105.891
201409 91.348 100.428 119.862
201412 96.346 99.070 128.153
201503 91.305 99.621 120.776
201506 106.519 100.684 139.413
201509 117.774 100.392 154.593
201512 149.415 99.792 197.303
201603 165.706 100.470 217.339
201606 181.559 101.688 235.280
201609 187.790 101.861 242.941
201612 187.020 101.863 241.941
201703 181.893 102.862 233.022
201706 208.040 103.349 265.263
201709 233.614 104.136 295.622
201712 261.002 104.011 330.675
201803 263.245 105.290 329.467
201806 342.933 106.317 425.054
201809 531.573 106.507 657.693
201812 616.840 105.998 766.853
201903 522.173 107.251 641.582
201906 415.364 108.070 506.480
201909 654.994 108.329 796.761
201912 631.786 108.420 767.887
202003 618.655 108.902 748.603
202006 475.651 108.767 576.271
202009 618.015 109.815 741.609
202012 719.419 109.897 862.648
202103 780.974 111.754 920.892
202106 909.947 114.631 1,046.043
202109 845.924 115.734 963.177
202112 844.382 117.630 945.932
202203 846.631 121.301 919.744
202206 1,122.308 125.017 1,182.989
202209 1,239.233 125.227 1,304.048
202212 1,868.202 125.222 1,965.988
202303 1,959.448 127.348 2,027.586
202306 2,610.578 128.729 2,672.380
202309 3,477.636 129.860 3,528.965
202312 4,355.862 129.419 4,435.185
202403 7,591.225 131.776 7,591.225

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Boeing Co Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Boeing Co's Cyclically Adjusted PS Ratio 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.