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Boeing Co (Boeing Co) Cyclically Adjusted PS Ratio : 1.07 (As of Apr. 27, 2024)


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What is Boeing Co Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Boeing Co's current share price is $167.22. Boeing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $156.79. Boeing Co's Cyclically Adjusted PS Ratio for today is 1.07.

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

BA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.39   Max: 3.35
Current: 1.06

During the past years, Boeing Co's highest Cyclically Adjusted PS Ratio was 3.35. The lowest was 0.70. And the median was 1.39.

BA's Cyclically Adjusted PS Ratio is ranked better than
61.14% of 211 companies
in the Aerospace & Defense industry
Industry Median: 1.47 vs BA: 1.06

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Boeing Co's adjusted revenue per share data for the three months ended in Mar. 2024 was $27.034. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $156.79 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Boeing Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Boeing Co's Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio Chart

Boeing Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.39 1.55 1.37 1.23 1.65

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 PS 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 1.36 1.34 1.21 1.65 1.23

Competitive Comparison of Boeing Co's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, Boeing Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where Boeing Co's Cyclically Adjusted PS Ratio falls into.



Boeing Co Cyclically Adjusted PS Ratio Calculation

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

Boeing Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=167.22/156.79
=1.07

* 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 Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=27.034/129.4194*129.4194
=27.034

Current CPI (Mar. 2024) = 129.4194.

Boeing Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 29.839 100.560 38.403
201409 32.554 100.428 41.952
201412 33.805 99.070 44.161
201503 31.060 99.621 40.351
201506 35.172 100.684 45.210
201509 37.582 100.392 48.449
201512 34.636 99.792 44.919
201603 34.043 100.470 43.852
201606 38.966 101.688 49.592
201609 37.771 101.861 47.990
201612 35.396 101.863 44.972
201703 35.398 102.862 44.537
201706 37.857 103.349 47.407
201709 39.998 104.136 49.709
201712 41.010 104.011 51.028
201803 39.199 105.290 48.182
201806 41.255 106.317 50.220
201809 43.340 106.507 52.664
201812 49.084 105.998 59.930
201903 40.079 107.251 48.363
201906 27.893 108.070 33.403
201909 35.139 108.329 41.980
201912 31.712 108.420 37.854
202003 29.904 108.902 35.538
202006 20.846 108.767 24.804
202009 24.976 109.815 29.435
202012 26.523 109.897 31.235
202103 26.012 111.754 30.124
202106 28.820 114.631 32.538
202109 25.957 115.734 29.026
202112 25.086 117.630 27.600
202203 23.657 121.301 25.240
202206 27.984 125.017 28.969
202209 26.758 125.227 27.654
202212 33.434 125.222 34.555
202303 29.759 127.348 30.243
202306 32.635 128.729 32.810
202309 29.816 129.860 29.715
202312 36.202 129.419 36.202
202403 27.034 129.419 27.034

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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  (NYSE:BA) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Boeing Co Cyclically Adjusted PS Ratio Related Terms

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


Boeing Co (Boeing Co) 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.
Executives
Theodore Iii Colbert officer: CIO & SVP, Info & Analytics C/O THE BOEING COMPANY, 100 RIVERSIDE PLAZA, CHICAGO IL 60606-1596
Steven M Mollenkopf director 5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Howard E Mckenzie officer: Chief Engineer & EVP, ET&T C/O THE BOEING COMPANY, 929 LONG BRIDGE DRIVE, ARLINGTON VA 22202
Sabrina Soussan director BUHLMATTSTRASSE 3, MEGGEN V8 6045
Stephen E Biegun officer: SVP, Global Public Policy C/O THE BOEING COMPANY, 929 LONG BRIDGE DRIVE, ARLINGTON VA 22202
Michael J Cleary officer: Controller C/O THE BOEING COMPANY, 929 LONG BRIDGE DRIVE, ARLINGTON VA 22202
Brendan J. Nelson officer: President, Boeing Intn'l C/O THE BOEING COMPANY, 929 LONG BRIDGE DRIVE, ARLINGTON VA 22202
David L Calhoun director
Brian R Besanceney officer: SVP, Chief Comm Officer C/O THE BOEING COMPANY, 100 N. RIVERSIDE, MC 5003-1001, CHICAGO IL 60606-1596
David L. Gitlin director UNITED TECHNOLOGIES CORPORATION, 10 FARM SPRINGS ROAD, FARMINGTON CT 06032
Stephanie F Pope officer: President & CEO, BGS C/O THE BOEING COMPANY, 100 RIVERSIDE PLAZA, MC 5003-1001, CHICAGO IL 60606-1596
Lawrence W Kellner director 1600 SMITH ST., HQSEO, HOUSTON TX 77002
Edward Lee Dandridge officer: SVP, Communications C/O THE BOEING COMPANY, 100 RIVERSIDE PLAZA, MC 5003-1001, CHICAGO IL 60606-1596
Ziad S Ojakli officer: EVP, Gov't Ops FORD MOTOR COMPANY, 1350 I ST. NW, WASHINGTON D.C. DC 20005
David Leon Joyce director GENERAL ELECTRIC COMPANY, 5 NECCO STREET, BOSTON MA 02210

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