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Boeing Co (XBRU:BOEI) Cyclically Adjusted Price-to-FCF : (As of May. 24, 2024)


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What is Boeing Co Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Boeing Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Boeing Co's Cyclically Adjusted Price-to-FCF 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 Cyclically Adjusted Price-to-FCF Chart

Boeing Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.05 37.95 41.34 41.74 58.82

Boeing Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 47.10 47.20 47.17 58.82 51.28

Competitive Comparison of Boeing Co's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, Boeing Co's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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 Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Boeing Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Boeing Co's Cyclically Adjusted Price-to-FCF falls into.



Boeing Co Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Boeing Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Boeing Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-6.517/131.7762*131.7762
=-6.517

Current CPI (Mar. 2024) = 131.7762.

Boeing Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.841 100.560 2.413
201409 0.434 100.428 0.569
201412 5.982 99.070 7.957
201503 -0.682 99.621 -0.902
201506 3.733 100.684 4.886
201509 3.341 100.392 4.385
201512 3.667 99.792 4.842
201603 0.793 100.470 1.040
201606 3.965 101.688 5.138
201609 4.120 101.861 5.330
201612 3.554 101.863 4.598
201703 2.631 102.862 3.371
201706 7.192 103.349 9.170
201709 4.949 104.136 6.263
201712 4.086 104.011 5.177
201803 4.563 105.290 5.711
201806 7.259 106.317 8.997
201809 7.070 106.507 8.747
201812 4.224 105.998 5.251
201903 4.000 107.251 4.915
201906 -1.826 108.070 -2.227
201909 -5.081 108.329 -6.181
201912 -4.911 108.420 -5.969
202003 -8.366 108.902 -10.123
202006 -9.936 108.767 -12.038
202009 -8.975 109.815 -10.770
202012 -7.407 109.897 -8.882
202103 -6.287 111.754 -7.413
202106 -1.195 114.631 -1.374
202109 -0.861 115.734 -0.980
202112 0.838 117.630 0.939
202203 -6.028 121.301 -6.549
202206 -0.305 125.017 -0.321
202209 4.876 125.227 5.131
202212 5.231 125.222 5.505
202303 -1.305 127.348 -1.350
202306 4.261 128.729 4.362
202309 -0.514 129.860 -0.522
202312 4.893 129.419 4.982
202403 -6.517 131.776 -6.517

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

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  (XBRU:BOEI) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Boeing Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Boeing Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Boeing Co (XBRU:BOEI) Business Description

Industry
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 (XBRU:BOEI) Headlines

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