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Boeing Co (XSGO:BA) Cyclically Adjusted Book per Share : $-10.51 (As of Mar. 2024)


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What is Boeing Co 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.

Boeing Co's adjusted book value per share for the three months ended in Mar. 2024 was $-27.730. 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 $-10.51 for the trailing ten years ended in Mar. 2024.

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 Boeing Co was 5.60% per year. The lowest was -80.50% per year. And the median was -2.50% per year.

As of today (2024-04-27), Boeing Co's current stock price is $171.73. Boeing Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $-10.51. Boeing Co's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Boeing Co was 4519.20. The lowest was 10.00. And the median was 28.09.


Boeing Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Boeing Co'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.

Boeing Co Cyclically Adjusted Book per Share Chart

Boeing Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.21 3.42 0.05 -2.37 -6.87

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 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 -4.67 -5.92 -7.81 -6.87 -10.51

Competitive Comparison of Boeing Co's Cyclically Adjusted Book per Share

For the Aerospace & Defense subindustry, Boeing Co'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.


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

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

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



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

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-27.73/129.4194*129.4194
=-27.730

Current CPI (Mar. 2024) = 129.4194.

Boeing Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 19.492 100.560 25.086
201409 20.328 100.428 26.196
201412 12.261 99.070 16.017
201503 11.392 99.621 14.800
201506 9.197 100.684 11.822
201509 10.045 100.392 12.949
201512 9.503 99.792 12.324
201603 6.319 100.470 8.140
201606 0.935 101.688 1.190
201609 3.375 101.861 4.288
201612 1.324 101.863 1.682
201703 0.157 102.862 0.198
201706 -3.434 103.349 -4.300
201709 1.818 104.136 2.259
201712 2.802 104.011 3.486
201803 2.092 105.290 2.571
201806 -2.502 106.317 -3.046
201809 -2.265 106.507 -2.752
201812 0.597 105.998 0.729
201903 0.222 107.251 0.268
201906 -9.458 108.070 -11.326
201909 -7.314 108.329 -8.738
201912 -15.308 108.420 -18.273
202003 -17.127 108.902 -20.354
202006 -20.671 108.767 -24.596
202009 -20.940 109.815 -24.678
202012 -31.453 109.897 -37.040
202103 -30.897 111.754 -35.781
202106 -28.474 114.631 -32.147
202109 -24.580 115.734 -27.486
202112 -25.469 117.630 -28.022
202203 -26.038 121.301 -27.781
202206 -25.087 125.017 -25.970
202209 -29.715 125.227 -30.710
202212 -26.578 125.222 -27.469
202303 -25.792 127.348 -26.212
202306 -25.738 128.729 -25.876
202309 -27.669 129.860 -27.575
202312 -28.273 129.419 -28.273
202403 -27.730 129.419 -27.730

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


Boeing Co  (XSGO:BA) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Boeing Co was 4519.20. The lowest was 10.00. And the median was 28.09.


Be Aware

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


Boeing Co Cyclically Adjusted Book per Share Related Terms

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


Boeing Co (XSGO: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.

Boeing Co (XSGO:BA) Headlines

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