GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Boeing Co (NYSE:BA) » Definitions » E10

Boeing Co (Boeing Co) E10 : $1.94 (As of Mar. 2024)


View and export this data going back to 1952. Start your Free Trial

What is Boeing Co E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Boeing Co's adjusted earnings per share data for the three months ended in Mar. 2024 was $-0.560. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.94 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Boeing Co's average E10 Growth Rate was -35.50% per year. During the past 3 years, the average E10 Growth Rate was -26.40% per year. During the past 5 years, the average E10 Growth Rate was -23.80% per year. During the past 10 years, the average E10 Growth Rate was -4.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Boeing Co was 17.50% per year. The lowest was -26.40% per year. And the median was 5.75% per year.

As of today (2024-04-27), Boeing Co's current stock price is $167.22. Boeing Co's E10 for the quarter that ended in Mar. 2024 was $1.94. Boeing Co's Shiller PE Ratio of today is 86.20.

During the past 13 years, the highest Shiller PE Ratio of Boeing Co was 115.28. The lowest was 12.00. And the median was 37.76.


Boeing Co E10 Historical Data

The historical data trend for Boeing Co's E10 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 E10 Chart

Boeing Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.92 5.41 4.42 3.21 2.16

Boeing Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
E10 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 3.01 2.83 2.39 2.16 1.94

Competitive Comparison of Boeing Co's E10

For the Aerospace & Defense subindustry, Boeing Co'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.


Boeing Co's Shiller PE Ratio Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where Boeing Co's Shiller PE Ratio falls into.



Boeing Co E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get 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.

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

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.56/129.4194*129.4194
=-0.560

Current CPI (Mar. 2024) = 129.4194.

Boeing Co Quarterly Data

per share eps CPI Adj_EPS
201406 2.240 100.560 2.883
201409 1.860 100.428 2.397
201412 2.020 99.070 2.639
201503 1.870 99.621 2.429
201506 1.590 100.684 2.044
201509 2.470 100.392 3.184
201512 1.510 99.792 1.958
201603 1.830 100.470 2.357
201606 -0.370 101.688 -0.471
201609 3.600 101.861 4.574
201612 2.590 101.863 3.291
201703 2.540 102.862 3.196
201706 2.870 103.349 3.594
201709 2.990 104.136 3.716
201712 5.180 104.011 6.445
201803 4.150 105.290 5.101
201806 3.730 106.317 4.541
201809 4.070 106.507 4.946
201812 5.930 105.998 7.240
201903 3.750 107.251 4.525
201906 -5.210 108.070 -6.239
201909 2.050 108.329 2.449
201912 -1.790 108.420 -2.137
202003 -1.110 108.902 -1.319
202006 -4.200 108.767 -4.997
202009 -0.790 109.815 -0.931
202012 -14.650 109.897 -17.252
202103 -0.920 111.754 -1.065
202106 1.000 114.631 1.129
202109 -0.190 115.734 -0.212
202112 -7.020 117.630 -7.724
202203 -2.060 121.301 -2.198
202206 0.320 125.017 0.331
202209 -5.490 125.227 -5.674
202212 -1.060 125.222 -1.096
202303 -0.690 127.348 -0.701
202306 -0.250 128.729 -0.251
202309 -2.700 129.860 -2.691
202312 -0.040 129.419 -0.040
202403 -0.560 129.419 -0.560

Add all the adjusted EPS together and divide 10 will get our e10.


Boeing Co  (NYSE:BA) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Boeing Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=167.22/1.94
=86.20

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Boeing Co was 115.28. The lowest was 12.00. And the median was 37.76.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Boeing Co E10 Related Terms

Thank you for viewing the detailed overview of Boeing Co's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Boeing Co (Boeing Co) Business Description

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

Boeing Co (Boeing Co) Headlines

From GuruFocus

Boeing Co at Jefferies Industrials Conference Transcript

By GuruFocus Research 01-22-2024

Q4 2020 Boeing Co Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2023 Boeing Co Earnings Call Transcript

By GuruFocus Research 01-22-2024

Boeing Co Annual Shareholders Meeting Transcript

By GuruFocus Research 01-22-2024

Q2 2022 Boeing Co Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2021 Boeing Co Earnings Call Transcript

By GuruFocus Research 01-22-2024

Boeing Co at Jefferies A&D ESG Summit (Virtual) Transcript

By GuruFocus Research 01-22-2024