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GE (GE Aerospace) Cyclically Adjusted Book per Share : $52.33 (As of Mar. 2025)


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What is GE Aerospace Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

GE Aerospace's adjusted book value per share for the three months ended in Mar. 2025 was $18.053. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $52.33 for the trailing ten years ended in Mar. 2025.

During the past 12 months, GE Aerospace's average Cyclically Adjusted Book Growth Rate was -16.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -10.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -7.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -5.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of GE Aerospace was 15.40% per year. The lowest was -10.70% per year. And the median was 6.30% per year.

As of today (2025-06-18), GE Aerospace's current stock price is $235.75. GE Aerospace's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $52.33. GE Aerospace's Cyclically Adjusted PB Ratio of today is 4.51.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of GE Aerospace was 4.88. The lowest was 0.33. And the median was 0.89.


GE Aerospace Cyclically Adjusted Book per Share Historical Data

The historical data trend for GE Aerospace's Cyclically Adjusted Book per Share 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 Book per Share Chart

GE Aerospace Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 78.45 75.83 72.00 64.25 54.07

GE Aerospace Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Book per Share 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 62.63 59.90 56.99 54.07 52.33

Competitive Comparison of GE Aerospace's Cyclically Adjusted Book per Share

For the Aerospace & Defense subindustry, GE Aerospace's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


GE Aerospace's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where GE Aerospace's Cyclically Adjusted PB Ratio falls into.


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GE Aerospace Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book 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.

For example, GE Aerospace's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=18.053/134.9266*134.9266
=18.053

Current CPI (Mar. 2025) = 134.9266.

GE Aerospace Quarterly Data

Book Value per Share CPI Adj_Book
201506 86.766 100.684 116.275
201509 88.002 100.392 118.275
201512 83.817 99.792 113.327
201603 79.239 100.470 106.414
201606 75.869 101.688 100.668
201609 74.042 101.861 98.077
201612 69.382 101.863 91.903
201703 68.658 102.862 90.060
201706 68.508 103.349 89.440
201709 70.201 104.136 90.958
201712 51.632 104.011 66.979
201803 51.543 105.290 66.051
201806 50.685 106.317 64.324
201809 28.924 106.507 36.642
201812 28.475 105.998 36.246
201903 32.249 107.251 40.571
201906 32.827 108.070 40.985
201909 25.583 108.329 31.864
201912 25.918 108.420 32.254
202003 32.265 108.902 39.976
202006 30.771 108.767 38.172
202009 30.378 109.815 37.325
202012 32.442 109.897 39.831
202103 30.601 111.754 36.946
202106 30.502 114.631 35.902
202109 34.122 115.734 39.780
202112 36.672 117.630 42.065
202203 35.432 121.301 39.412
202206 31.593 125.017 34.097
202209 28.800 125.227 31.031
202212 30.934 125.222 33.331
202303 29.064 127.348 30.794
202306 28.658 128.729 30.038
202309 26.337 129.860 27.365
202312 25.177 129.419 26.248
202403 27.275 131.776 27.927
202406 17.152 132.554 17.459
202409 17.439 133.029 17.688
202412 18.014 133.157 18.253
202503 18.053 134.927 18.053

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


GE Aerospace  (NYSE:GE) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

GE Aerospace's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=235.75/52.33
=4.51

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of GE Aerospace was 4.88. The lowest was 0.33. And the median was 0.89.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


GE Aerospace Cyclically Adjusted Book per Share Related Terms

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


GE Aerospace Business Description

Industry
Address
1 Neumann Way, Evendale, Cleveland, OH, USA, 45215
GE Aerospace is the global leader in designing, manufacturing, and servicing large aircraft engines, along with partner Safran in their CFM joint venture. With its massive global installed base of nearly 70,000 commercial and military engines, GE Aerospace earns most of its profits on recurring service revenue of that equipment, which operates for decades. GE Aerospace is the remaining core business of the company formed in 1892 with historical ties to American inventor Thomas Edison; that company became a storied conglomerate with peak revenue of $130 billion in 2000 until GE spun off its appliance, finance, healthcare, and wind and power businesses between 2016 and 2024.
Executives
Russell Stokes officer: Senior Vice President ONE FINANCIAL CENTER, SUITE 3700, BOSTON MA 02111
Rahul Ghai officer: Senior Vice President GENERAL ELECTRIC COMPANY, 5 NECCO STREET, BOSTON MA 02210
Michael J Holston officer: Senior Vice President GENERAL ELECTRIC COMPANY, ONE FINANCIAL CENTER, SUITE 3700, BOSTON MA 02111
Scott Strazik officer: Senior Vice President ONE FINANCIAL CENTER, SUITE 3700, BOSTON MA 02111
Jessica R. Uhl director 200 WEST STREET, NEW YORK NY 10282
Thomas S Timko officer: Vice President 300 RENAISSANCE CENTER, M/C: 482-C25-A36, DETROIT MI 48265-3000
Darren W Mcdew director 100 ABBOTT PARK ROAD, ABBOTT PARK IL 60064
L Kevin Cox officer: Senior Vice President THE PEPSI BOTTLING GROUP, INC., ONE PEPSI WAY, SOMERS NY 10589
Happe Carolina Dybeck officer: Senior Vice President 5 NECCO STREET, BOSTON MA 02210
John S. Slattery officer: Executive Vice President 5 NECCO STREET, BOSTON MA 02210
Thomas W Horton director 4333 AMON CARTER BLVD., FORTH WORTH TX 76155
Isabella D Goren director C/O LYONDELLBASELL INDUSTRIES N V, DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Francisco Dsouza director 500 GLENPOINTE CENTRE W, TEANECK NJ 07666
Risa J Lavizzo-mourey director GE HEALTHCARE TECHNOLOGIES INC., 500 W. MONROE ST., CHICAGO IL 60661
Paula Rosput Reynolds director 605 HILLSIDE DRIVE EAST, SEATTLE WA 98112