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GE Aerospace (GE Aerospace) Shiller PE Ratio

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Shiller PE for Stocks: The True Measure of Stock Valuation


GE Aerospace Shiller PE Ratio Historical Data

The historical data trend for GE Aerospace'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.

GE Aerospace Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.94 25.00 129.92 - -

GE Aerospace Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio 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 Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison

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 Shiller PE Ratio Distribution

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 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.

GE Aerospace's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, GE Aerospace's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.45/129.4194*129.4194
=1.450

Current CPI (Dec. 2023) = 129.4194.

GE Aerospace Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 2.400 99.695 3.116
201406 2.800 100.560 3.604
201409 2.800 100.428 3.608
201412 4.080 99.070 5.330
201503 -10.800 99.621 -14.030
201506 -1.040 100.684 -1.337
201509 2.000 100.392 2.578
201512 5.120 99.792 6.640
201603 -0.080 100.470 -0.103
201606 2.400 101.688 3.055
201609 1.760 101.861 2.236
201612 3.120 101.863 3.964
201703 -0.080 102.862 -0.101
201706 0.800 103.349 1.002
201709 1.200 104.136 1.491
201712 -9.040 104.011 -11.248
201803 -1.120 105.290 -1.377
201806 0.560 106.317 0.682
201809 -20.960 106.507 -25.469
201812 0.560 105.998 0.684
201903 3.200 107.251 3.861
201906 -0.080 108.070 -0.096
201909 -8.640 108.329 -10.322
201912 0.480 108.420 0.573
202003 5.600 108.902 6.655
202006 -2.080 108.767 -2.475
202009 -1.090 109.815 -1.285
202012 2.160 109.897 2.544
202103 -2.620 111.754 -3.034
202106 -1.080 114.631 -1.219
202109 1.080 115.734 1.208
202112 -3.550 117.630 -3.906
202203 -1.080 121.301 -1.152
202206 -0.860 125.017 -0.890
202209 0.080 125.227 0.083
202212 1.560 125.222 1.612
202303 6.710 127.348 6.819
202306 -0.020 128.729 -0.020
202309 0.230 129.860 0.229
202312 1.450 129.419 1.450

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.


GE Aerospace  (NYSE:GE) 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.


GE Aerospace Shiller PE Ratio Related Terms

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GE Aerospace (GE Aerospace) Business Description

Address
5 Necco Street, Boston, MA, USA, 02210
GE was formed through the combination of two companies in 1892, including one with historical ties to American inventor Thomas Edison. Today, GE is a global leader in air travel and in the energy transition. The company is known for its differentiated technology and its massive industrial installed base of equipment sprawled throughout the world. That installed base most notably includes aerospace engines, gas and steam turbines, and onshore and offshore wind turbines. GE earns most of its profits on the service revenue of that equipment, which is generally higher-margin. The company is led by Danaher alumnus Larry Culp, who is leading a multiyear turnaround of the conglomerate based on lean principles.
Executives
Michael J Holston officer: Senior Vice President GENERAL ELECTRIC COMPANY, ONE FINANCIAL CENTER, SUITE 3700, BOSTON MA 02111
Rahul Ghai officer: Senior Vice President GENERAL ELECTRIC COMPANY, 5 NECCO STREET, BOSTON MA 02210
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
Russell Stokes officer: Senior Vice President ONE FINANCIAL CENTER, SUITE 3700, BOSTON MA 02111
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