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BAE Systems (BAE Systems) Shiller PE Ratio : 28.76 (As of Apr. 26, 2024)


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What is BAE Systems Shiller PE Ratio?

As of today (2024-04-26), BAE Systems's current share price is $67.30. BAE Systems's E10 for the fiscal year that ended in Dec23 was $2.34. BAE Systems's Shiller PE Ratio for today is 28.76.

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

BAESY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.81   Med: 18.19   Max: 30.3
Current: 29.52

During the past 13 years, BAE Systems's highest Shiller PE Ratio was 30.30. The lowest was 12.81. And the median was 18.19.

BAESY's Shiller PE Ratio is ranked better than
58.09% of 136 companies
in the Aerospace & Defense industry
Industry Median: 38.245 vs BAESY: 29.52

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.

BAE Systems's adjusted earnings per share data of for the fiscal year that ended in Dec23 was $3.058. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.34 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


BAE Systems Shiller PE Ratio Historical Data

The historical data trend for BAE Systems'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.

BAE Systems Shiller PE Ratio Chart

BAE Systems 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 18.37 15.55 16.18 22.27 24.55

BAE Systems Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 16.18 - 22.27 - 24.55

Competitive Comparison of BAE Systems's Shiller PE Ratio

For the Aerospace & Defense subindustry, BAE Systems'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.


BAE Systems's Shiller PE Ratio Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where BAE Systems's Shiller PE Ratio falls into.



BAE Systems 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.

BAE Systems's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=67.30/2.34
=28.76

* 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.

BAE Systems's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, BAE Systems's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=3.058/130.0000*130.0000
=3.058

Current CPI (Dec23) = 130.0000.

BAE Systems Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 1.459 99.900 1.899
201512 1.731 100.400 2.241
201612 1.433 102.200 1.823
201712 1.389 105.000 1.720
201812 1.580 107.100 1.918
201912 2.417 108.500 2.896
202012 2.177 109.400 2.587
202112 2.910 114.700 3.298
202212 2.460 125.300 2.552
202312 3.058 130.000 3.058

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.


BAE Systems  (OTCPK:BAESY) 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.


BAE Systems Shiller PE Ratio Related Terms

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BAE Systems (BAE Systems) Business Description

Traded in Other Exchanges
Address
6 Carlton Gardens, Stirling Square, London, GBR, SW1Y 5AD
BAE Systems is a British global defense, security, and aerospace company and the largest defense contractor in Europe; it is one of six prime contractors to the U.S. Department of Defense. For reporting purposes, the company has five operating segments: electronics systems is the group's U.S.- and U.K.-based electronic warfare systems; the cyber, security, and intelligence segment supplies intelligence and security solutions to the U.S. government; platforms and services manufactures combat vehicles and munitions and performs ship repair services to the U.S. Defense Department; the air segment includes BAE's share of U.S. and European air programs as well as its businesses in Saudi Arabia and Australia; and the maritime segment comprises U.K. land- and marine-based activities.