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GE Aerospace (BSP:GEOO34) E10 : R$-11.86 (As of Sep. 2024)


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What is GE Aerospace E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

GE Aerospace's adjusted earnings per share data for the three months ended in Sep. 2024 was R$9.414. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$-11.86 for the trailing ten years ended in Sep. 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of GE Aerospace was 13.80% per year. The lowest was -51.50% per year. And the median was 4.80% per year.

As of today (2024-12-12), GE Aerospace's current stock price is R$1007.60. GE Aerospace's E10 for the quarter that ended in Sep. 2024 was R$-11.86. GE Aerospace's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of GE Aerospace was 822.30. The lowest was 7.73. And the median was 13.23.


GE Aerospace E10 Historical Data

The historical data trend for GE Aerospace's E10 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 E10 Chart

GE Aerospace Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.08 17.35 4.15 -7.29 -9.13

GE Aerospace Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
E10 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 -7.58 -9.13 -12.71 -11.02 -11.86

Competitive Comparison of GE Aerospace's E10

For the Aerospace & Defense subindustry, GE Aerospace's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where GE Aerospace's Shiller PE Ratio falls into.



GE Aerospace E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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 earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=9.414/133.0289*133.0289
=9.414

Current CPI (Sep. 2024) = 133.0289.

GE Aerospace Quarterly Data

per share eps CPI Adj_EPS
201412 10.779 99.070 14.474
201503 -33.927 99.621 -45.304
201506 -3.236 100.684 -4.276
201509 7.806 100.392 10.344
201512 19.870 99.792 26.488
201603 -0.296 100.470 -0.392
201606 8.216 101.688 10.748
201609 5.726 101.861 7.478
201612 10.464 101.863 13.666
201703 -0.250 102.862 -0.323
201706 2.636 103.349 3.393
201709 3.759 104.136 4.802
201712 -29.787 104.011 -38.097
201803 -3.672 105.290 -4.639
201806 2.112 106.317 2.643
201809 -86.118 106.507 -107.563
201812 2.175 105.998 2.730
201903 12.290 107.251 15.244
201906 -0.308 108.070 -0.379
201909 -35.592 108.329 -43.707
201912 1.970 108.420 2.417
202003 27.363 108.902 33.425
202006 -10.792 108.767 -13.199
202009 -5.886 109.815 -7.130
202012 11.113 109.897 13.452
202103 -14.764 111.754 -17.575
202106 -5.431 114.631 -6.303
202109 5.701 115.734 6.553
202112 -20.075 117.630 -22.703
202203 -5.375 121.301 -5.895
202206 -4.341 125.017 -4.619
202209 0.419 125.227 0.445
202212 8.183 125.222 8.693
202303 34.950 127.348 36.509
202306 -0.097 128.729 -0.100
202309 1.185 129.860 1.214
202312 7.105 129.419 7.303
202403 6.922 131.776 6.988
202406 6.194 132.554 6.216
202409 9.414 133.029 9.414

Add all the adjusted EPS together and divide 10 will get our e10.


GE Aerospace  (BSP:GEOO34) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

During the past 13 years, the highest Shiller P/E Ratio of GE Aerospace was 822.30. The lowest was 7.73. And the median was 13.23.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


GE Aerospace E10 Related Terms

Thank you for viewing the detailed overview of GE Aerospace's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


GE Aerospace Business Description

Address
One Financial Center, Suite 3700, Boston, MA, USA, 02111
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. GE spun off its appliance, finance, healthcare, and wind and power businesses between 2016 and 2024.

GE Aerospace Headlines

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