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Boeing Co (MEX:BA) Cyclically Adjusted PS Ratio : 1.23 (As of Jun. 23, 2024)


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What is Boeing Co Cyclically Adjusted PS Ratio?

As of today (2024-06-23), Boeing Co's current share price is MXN3205.00. Boeing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was MXN2,596.18. Boeing Co's Cyclically Adjusted PS Ratio for today is 1.23.

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

MEX:BA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.39   Max: 3.35
Current: 1.11

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.

MEX:BA's Cyclically Adjusted PS Ratio is ranked better than
60.19% of 211 companies
in the Aerospace & Defense industry
Industry Median: 1.49 vs MEX:BA: 1.11

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 MXN448.659. 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 MXN2,596.18 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
=3205.00/2596.18
=1.23

* 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)
=448.659/131.7762*131.7762
=448.659

Current CPI (Mar. 2024) = 131.7762.

Boeing Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 386.996 100.560 507.131
201409 437.103 100.428 573.544
201412 498.623 99.070 663.237
201503 473.512 99.621 626.349
201506 551.855 100.684 722.274
201509 635.063 100.392 833.598
201512 595.559 99.792 786.438
201603 586.022 100.470 768.622
201606 720.615 101.688 933.835
201609 730.330 101.861 944.818
201612 729.760 101.863 944.065
201703 666.511 102.862 853.864
201706 684.299 103.349 872.522
201709 725.890 104.136 918.562
201712 805.415 104.011 1,020.415
201803 712.146 105.290 891.294
201806 810.642 106.317 1,004.764
201809 810.679 106.507 1,003.019
201812 963.761 105.998 1,198.144
201903 777.447 107.251 955.231
201906 535.788 108.070 653.321
201909 693.713 108.329 843.860
201912 598.090 108.420 726.932
202003 701.201 108.902 848.488
202006 481.162 108.767 582.948
202009 551.748 109.815 662.089
202012 527.603 109.897 632.644
202103 531.711 111.754 626.972
202106 573.690 114.631 659.494
202109 533.718 115.734 607.697
202112 514.607 117.630 576.496
202203 471.043 121.301 511.721
202206 562.973 125.017 593.412
202209 538.244 125.227 566.396
202212 651.824 125.222 685.942
202303 536.410 127.348 555.063
202306 559.500 128.729 572.746
202309 519.354 129.860 527.020
202312 614.500 129.419 625.690
202403 448.659 131.776 448.659

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  (MEX: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 (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.

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