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GE (GE Aerospace) E10 : $-0.94 (As of Mar. 2025)


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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 Mar. 2025 was $1.830. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.94 for the trailing ten years ended in Mar. 2025.

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 -52.20% per year. And the median was 2.65% per year.

As of today (2025-06-17), GE Aerospace's current stock price is $234.94. GE Aerospace's E10 for the quarter that ended in Mar. 2025 was $-0.94. GE Aerospace's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of GE Aerospace was 959.35. The lowest was 7.75. And the median was 13.38.


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 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.14 0.44 -0.89 -1.50 -2.56

GE Aerospace Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -1.71 -1.97 -2.18 -2.56 -0.94

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.


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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 Mar. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.83/134.9266*134.9266
=1.830

Current CPI (Mar. 2025) = 134.9266.

GE Aerospace Quarterly Data

per share eps CPI Adj_EPS
201506 -1.040 100.684 -1.394
201509 2.000 100.392 2.688
201512 5.120 99.792 6.923
201603 -0.080 100.470 -0.107
201606 2.400 101.688 3.184
201609 1.760 101.861 2.331
201612 3.120 101.863 4.133
201703 -0.080 102.862 -0.105
201706 0.800 103.349 1.044
201709 1.200 104.136 1.555
201712 -9.040 104.011 -11.727
201803 -1.120 105.290 -1.435
201806 0.560 106.317 0.711
201809 -20.960 106.507 -26.553
201812 0.560 105.998 0.713
201903 3.200 107.251 4.026
201906 -0.080 108.070 -0.100
201909 -8.640 108.329 -10.761
201912 0.480 108.420 0.597
202003 5.600 108.902 6.938
202006 -2.080 108.767 -2.580
202009 -1.090 109.815 -1.339
202012 2.160 109.897 2.652
202103 -2.620 111.754 -3.163
202106 -1.080 114.631 -1.271
202109 1.080 115.734 1.259
202112 -3.550 117.630 -4.072
202203 -1.080 121.301 -1.201
202206 -0.860 125.017 -0.928
202209 0.080 125.227 0.086
202212 1.560 125.222 1.681
202303 6.710 127.348 7.109
202306 -0.020 128.729 -0.021
202309 0.240 129.860 0.249
202312 1.450 129.419 1.512
202403 1.400 131.776 1.433
202406 1.150 132.554 1.171
202409 1.700 133.029 1.724
202412 1.750 133.157 1.773
202503 1.830 134.927 1.830

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


GE Aerospace  (NYSE:GE) 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 959.35. The lowest was 7.75. And the median was 13.38.


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
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