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GE Aerospace (GE Aerospace) Cyclically Adjusted PS Ratio : 1.72 (As of Apr. 27, 2024)


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What is GE Aerospace Cyclically Adjusted PS Ratio?

As of today (2024-04-27), GE Aerospace's current share price is $162.35. GE Aerospace's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $94.49. GE Aerospace's Cyclically Adjusted PS Ratio for today is 1.72.

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

GE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.82   Max: 1.71
Current: 1.71

During the past years, GE Aerospace's highest Cyclically Adjusted PS Ratio was 1.71. The lowest was 0.26. And the median was 0.82.

GE's Cyclically Adjusted PS Ratio is ranked worse than
55.92% of 211 companies
in the Aerospace & Defense industry
Industry Median: 1.47 vs GE: 1.71

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.

GE Aerospace's adjusted revenue per share data for the three months ended in Mar. 2024 was $14.554. 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 $94.49 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GE Aerospace Cyclically Adjusted PS Ratio Historical Data

The historical data trend for GE Aerospace'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.

GE Aerospace Cyclically Adjusted PS Ratio Chart

GE Aerospace 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 0.52 0.53 0.59 0.53 1.06

GE Aerospace 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 0.78 0.90 0.92 1.06 1.48

Competitive Comparison of GE Aerospace's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, GE Aerospace'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.


GE Aerospace's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

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

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



GE Aerospace 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.

GE Aerospace's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=162.35/94.49
=1.72

* 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.

GE Aerospace's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, GE Aerospace'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)
=14.554/129.4194*129.4194
=14.554

Current CPI (Mar. 2024) = 129.4194.

GE Aerospace Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 25.260 100.560 32.509
201409 25.180 100.428 32.449
201412 17.852 99.070 23.321
201503 20.739 99.621 26.942
201506 22.403 100.684 28.797
201509 21.908 100.392 28.243
201512 26.715 99.792 34.646
201603 23.733 100.470 30.571
201606 26.423 101.688 33.629
201609 25.766 101.861 32.737
201612 28.933 101.863 36.760
201703 24.406 102.862 30.707
201706 26.573 103.349 33.276
201709 28.093 104.136 34.914
201712 11.648 104.011 14.493
201803 25.564 105.290 31.423
201806 26.819 106.317 32.647
201809 21.537 106.507 26.170
201812 24.418 105.998 29.813
201903 20.355 107.251 24.562
201906 21.470 108.070 25.712
201909 21.407 108.329 25.575
201912 19.425 108.420 23.187
202003 17.821 108.902 21.179
202006 15.365 108.767 18.282
202009 16.921 109.815 19.942
202012 19.136 109.897 22.535
202103 15.533 111.754 17.988
202106 16.609 114.631 18.752
202109 16.805 115.734 18.792
202112 2.339 117.630 2.573
202203 11.522 121.301 12.293
202206 12.855 125.017 13.308
202209 13.216 125.227 13.659
202212 15.394 125.222 15.910
202303 13.204 127.348 13.419
202306 15.208 128.729 15.290
202309 15.783 129.860 15.730
202312 17.625 129.419 17.625
202403 14.554 129.419 14.554

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.


GE Aerospace  (NYSE:GE) 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.


GE Aerospace Cyclically Adjusted PS Ratio Related Terms

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


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