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FLYHT Aerospace Solutions (FLYHT Aerospace Solutions) Shiller PE Ratio : (As of Jun. 21, 2024)


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What is FLYHT Aerospace Solutions Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


FLYHT Aerospace Solutions Shiller PE Ratio Historical Data

The historical data trend for FLYHT Aerospace Solutions's Shiller PE 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.

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FLYHT Aerospace Solutions Shiller PE Ratio Chart

FLYHT Aerospace Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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FLYHT Aerospace Solutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of FLYHT Aerospace Solutions's Shiller PE Ratio

For the Aerospace & Defense subindustry, FLYHT Aerospace Solutions'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.


FLYHT Aerospace Solutions's Shiller PE Ratio Distribution in the Aerospace & Defense Industry

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

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



FLYHT Aerospace Solutions Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

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

FLYHT Aerospace Solutions's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, FLYHT Aerospace Solutions's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.015/126.2576*126.2576
=-0.015

Current CPI (Mar. 2024) = 126.2576.

FLYHT Aerospace Solutions Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.000 99.473 0.000
201409 -0.091 99.394 -0.116
201412 -0.087 98.367 -0.112
201503 -0.003 99.789 -0.004
201506 -0.081 100.500 -0.102
201509 -0.030 100.421 -0.038
201512 -0.051 99.947 -0.064
201603 -0.076 101.054 -0.095
201606 0.078 102.002 0.097
201609 0.008 101.765 0.010
201612 0.000 101.449 0.000
201703 0.007 102.634 0.009
201706 -0.030 103.029 -0.037
201709 -0.016 103.345 -0.020
201712 0.000 103.345 0.000
201803 -0.023 105.004 -0.028
201806 -0.023 105.557 -0.028
201809 -0.038 105.636 -0.045
201812 0.007 105.399 0.008
201903 0.007 106.979 0.008
201906 0.038 107.690 0.045
201909 -0.030 107.611 -0.035
201912 -0.046 107.769 -0.054
202003 0.021 107.927 0.025
202006 -0.007 108.401 -0.008
202009 -0.045 108.164 -0.053
202012 -0.055 108.559 -0.064
202103 -0.024 110.298 -0.027
202106 -0.041 111.720 -0.046
202109 -0.024 112.905 -0.027
202112 -0.063 113.774 -0.070
202203 -0.024 117.646 -0.026
202206 -0.023 120.806 -0.024
202209 0.015 120.648 0.016
202212 0.015 120.964 0.016
202303 -0.029 122.702 -0.030
202306 -0.008 124.203 -0.008
202309 -0.015 125.230 -0.015
202312 -0.022 125.072 -0.022
202403 -0.015 126.258 -0.015

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


FLYHT Aerospace Solutions  (OTCPK:FLYLF) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


FLYHT Aerospace Solutions Shiller PE Ratio Related Terms

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FLYHT Aerospace Solutions (FLYHT Aerospace Solutions) Business Description

Traded in Other Exchanges
Address
1212 – 31 Avenue Northeast, Suite 500, Calgary, AB, CAN, T2E 7S8
FLYHT Aerospace Solutions Ltd provides airlines with Actionable Intelligence to transform operational insight into immediate, quantifiable action, and delivers industry leading solutions to improve aviation safety, efficiency, and profitability. This unique capability is driven by a suite of patented aircraft-certified hardware products, including AFIRS, the AFIRS Edge, TAMDAR and FLYHT-WVSS-II. The company's product and services include SaaS, Hardware, Licensing and Technical Services. Geographically, the company operates in United States & Mexico, Asia, China, Middle East, Canada, Australia, Africa, Europe and South/Central America.