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Air Lease (Air Lease) Shiller PE Ratio : 10.66 (As of Jun. 02, 2024)


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What is Air Lease Shiller PE Ratio?

As of today (2024-06-02), Air Lease's current share price is $47.64. Air Lease's E10 for the quarter that ended in Mar. 2024 was $4.47. Air Lease's Shiller PE Ratio for today is 10.66.

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

AL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.9   Med: 10.08   Max: 15.02
Current: 10.67

During the past years, Air Lease's highest Shiller PE Ratio was 15.02. The lowest was 7.90. And the median was 10.08.

AL's Shiller PE Ratio is ranked better than
79.92% of 533 companies
in the Business Services industry
Industry Median: 19.61 vs AL: 10.67

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.

Air Lease's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.870. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $4.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Air Lease Shiller PE Ratio Historical Data

The historical data trend for Air Lease'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.

Air Lease Shiller PE Ratio Chart

Air Lease 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 - 12.84 11.07 9.70 9.59

Air Lease 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 9.64 10.00 9.23 9.59 11.52

Competitive Comparison of Air Lease's Shiller PE Ratio

For the Rental & Leasing Services subindustry, Air Lease'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.


Air Lease's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Air Lease's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Air Lease's Shiller PE Ratio falls into.



Air Lease 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.

Air Lease's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=47.64/4.47
=10.66

* 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.

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

For example, Air Lease'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)
=0.87/131.7762*131.7762
=0.870

Current CPI (Mar. 2024) = 131.7762.

Air Lease Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.580 100.560 0.760
201409 0.580 100.428 0.761
201412 0.650 99.070 0.865
201503 0.190 99.621 0.251
201506 0.700 100.684 0.916
201509 0.710 100.392 0.932
201512 0.740 99.792 0.977
201603 0.850 100.470 1.115
201606 0.840 101.688 1.089
201609 0.860 101.861 1.113
201612 0.890 101.863 1.151
201703 0.780 102.862 0.999
201706 0.920 103.349 1.173
201709 0.900 104.136 1.139
201712 4.220 104.011 5.347
201803 1.000 105.290 1.252
201806 1.040 106.317 1.289
201809 1.320 106.507 1.633
201812 1.240 105.998 1.542
201903 1.230 107.251 1.511
201906 1.100 108.070 1.341
201909 1.340 108.329 1.630
201912 1.420 108.420 1.726
202003 1.170 108.902 1.416
202006 1.260 108.767 1.527
202009 1.020 109.815 1.224
202012 0.940 109.897 1.127
202103 0.700 111.754 0.825
202106 0.750 114.631 0.862
202109 0.870 115.734 0.991
202112 1.240 117.630 1.389
202203 -4.210 121.301 -4.574
202206 0.950 125.017 1.001
202209 0.900 125.227 0.947
202212 1.210 125.222 1.273
202303 1.060 127.348 1.097
202306 1.100 128.729 1.126
202309 1.100 129.860 1.116
202312 1.890 129.419 1.924
202403 0.870 131.776 0.870

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.


Air Lease  (NYSE:AL) 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.


Air Lease Shiller PE Ratio Related Terms

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


Air Lease (Air Lease) Business Description

Traded in Other Exchanges
Address
2000 Avenue of the Stars, Suite 1000N, Los Angeles, CA, USA, 90067
Air Lease Corp is an aircraft leasing company based in the United States. However, it derives its revenue from the Asia region. Its business involves purchasing aircraft from renowned manufacturers such as The Boeing Company (Boeing) and Airbus S.A.S and leasing them to airline companies across the world. Its suite of aircraft entails single-aisle narrow-bodied jets and twin-aisle wide-bodied aircraft. The company's primary source of revenue originates from the leasing of aircraft and to a certain extent from the provision of fleet management services to investors and owners of aircraft portfolios.
Executives
Alex A Khatibi officer: EVP C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067
Yvette Hollingsworth Clark director C/O 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067
Gregory B Willis officer: SVP FINANCE AND CFO C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 600N, LOS ANGELES CA 90067
Grant A Levy officer: EVP, GENL. COUNSEL & SECRETARY C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067
Steven F Udvar-hazy director, officer: Chairman and CEO C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067
Kishore Korde officer: EVP, Marketing 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067
Jie Chen officer: EVP & MANAGING DIRECTOR, ASIA C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067
John L Plueger director, officer: PRESIDENT AND COO C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067
Marshall O Larsen director 870 WINTER STREET, WALTHAM MA 02451
Cheryl Gordon Krongard director LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Susan Mccaw director LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
Marc H Baer other: EVP C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067
Carol Hyland Forsyte officer: EVP, GC, Corp Secretary & CCO C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067
John D Poerschke officer: SVP C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067
Ian M Saines director C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067