GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Boeing Co (MEX:BA) » Definitions » Shiller PE Ratio

Boeing Co (MEX:BA) Shiller PE Ratio : 99.50 (As of Jun. 23, 2024)


View and export this data going back to 1934. Start your Free Trial

What is Boeing Co Shiller PE Ratio?

As of today (2024-06-23), Boeing Co's current share price is MXN3205.00. Boeing Co's E10 for the quarter that ended in Mar. 2024 was MXN32.21. Boeing Co's Shiller PE Ratio for today is 99.50.

The historical rank and industry rank for Boeing Co's Shiller PE Ratio or its related term are showing as below:

MEX:BA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12   Med: 38.81   Max: 115.28
Current: 89.29

During the past years, Boeing Co's highest Shiller PE Ratio was 115.28. The lowest was 12.00. And the median was 38.81.

MEX:BA's Shiller PE Ratio is ranked worse than
82.22% of 135 companies
in the Aerospace & Defense industry
Industry Median: 37.55 vs MEX:BA: 89.29

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.

Boeing Co's adjusted earnings per share data for the three months ended in Mar. 2024 was MXN-9.294. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is MXN32.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Boeing Co Shiller PE Ratio Historical Data

The historical data trend for Boeing Co'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.

* Premium members only.

Boeing Co Shiller PE Ratio Chart

Boeing Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.15 39.54 45.55 59.37 120.50

Boeing Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE Ratio 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 70.63 74.59 80.30 120.50 97.60

Competitive Comparison of Boeing Co's Shiller PE Ratio

For the Aerospace & Defense subindustry, Boeing Co'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.


Boeing Co's Shiller PE Ratio Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where Boeing Co's Shiller PE Ratio falls into.



Boeing Co 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.

Boeing Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3205.00/32.21
=99.50

* 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.

Boeing Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Boeing Co'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)
=-9.294/131.7762*131.7762
=-9.294

Current CPI (Mar. 2024) = 131.7762.

Boeing Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 29.052 100.560 38.071
201409 24.974 100.428 32.770
201412 29.795 99.070 39.631
201503 28.508 99.621 37.710
201506 24.947 100.684 32.651
201509 41.738 100.392 54.786
201512 25.964 99.792 34.286
201603 31.502 100.470 41.318
201606 -6.843 101.688 -8.868
201609 69.608 101.861 90.051
201612 53.398 101.863 69.079
201703 47.826 102.862 61.270
201706 51.878 103.349 66.148
201709 54.263 104.136 68.666
201712 101.733 104.011 128.890
201803 75.396 105.290 94.363
201806 73.293 106.317 90.844
201809 76.129 106.507 94.191
201812 116.436 105.998 144.753
201903 72.742 107.251 89.376
201906 -100.078 108.070 -122.032
201909 40.471 108.329 49.231
201912 -33.759 108.420 -41.031
202003 -26.027 108.902 -31.494
202006 -96.945 108.767 -117.453
202009 -17.452 109.815 -20.942
202012 -291.418 109.897 -349.437
202103 -18.806 111.754 -22.175
202106 19.906 114.631 22.883
202109 -3.907 115.734 -4.449
202112 -144.008 117.630 -161.327
202203 -41.017 121.301 -44.559
202206 6.438 125.017 6.786
202209 -110.431 125.227 -116.207
202212 -20.666 125.222 -21.748
202303 -12.437 127.348 -12.869
202306 -4.286 128.729 -4.387
202309 -47.031 129.860 -47.725
202312 -0.679 129.419 -0.691
202403 -9.294 131.776 -9.294

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.


Boeing Co  (MEX:BA) 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.


Boeing Co Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Boeing Co's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Boeing Co (MEX:BA) Business Description

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 (MEX:BA) Headlines

From GuruFocus

Q3 2022 Boeing Co Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2023 Boeing Co Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q2 2023 Boeing Co Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2022 Boeing Co Earnings Call Transcript

By GuruFocus Research 01-22-2024

Boeing Co at Jefferies Industrials Conference Transcript

By GuruFocus Research 01-22-2024

Boeing Co at Jefferies A&D ESG Summit (Virtual) Transcript

By GuruFocus Research 01-22-2024

Q1 2023 Boeing Co Earnings Call Transcript

By GuruFocus Research 01-22-2024