GE Aerospace (MEX:GE) Forward PE Ratio : 38.33 (As of Jan. 26, 2025)

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What is GE Aerospace Forward PE Ratio?

GE Aerospace's Forward PE Ratio for today is 38.33.

GE Aerospace's PE Ratio without NRI for today is 40.67.

GE Aerospace's PE Ratio (TTM) for today is 32.85.

GE Aerospace Forward PE Ratio Historical Data

The historical data trend for GE Aerospace's Forward 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.

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GE Aerospace Forward PE Ratio Chart

GE Aerospace Annual Data

Trend

2015-12

2016-12

2017-12

2018-12

2020-12

2021-12

2022-12

2023-12

2024-12

Forward PE Ratio

20.58

18.73

16.61

9.18

27.10

23.36

18.45

27.70

32.03

GE Aerospace Quarterly Data
	2015-12	2016-03	2016-06	2016-09	2016-12	2017-03	2017-06	2017-09	2017-12	2018-03	2018-06	2018-09	2018-12	2019-03	2019-06	2019-09	2020-03	2020-06	2020-09	2020-12	2021-03	2021-06	2021-09	2021-12	2022-03	2022-06	2022-09	2022-12	2023-03	2023-06	2023-09	2023-12	2024-03	2024-06	2024-09	2024-12
Forward PE Ratio	20.58	17.92	20.41	17.15	18.73	18.12	16.50	13.85	16.61	12.89	13.50	10.91	9.18	17.86	18.59	12.56	13.53	38.61	16.29	27.10	51.81	52.63	24.88	23.36	27.93	23.64	12.92	18.45	48.78	54.64	24.81	27.70	37.59	39.22	34.13	32.03

Competitive Comparison of GE Aerospace's Forward PE Ratio

For the Aerospace & Defense subindustry, GE Aerospace's Forward PE Ratio, along with its competitors' market caps and Forward 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.

GE Aerospace's Forward PE Ratio Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where GE Aerospace's Forward PE Ratio falls into.

GE Aerospace Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.

GE Aerospace (MEX:GE) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .

GE Aerospace Forward PE Ratio Related Terms

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GE Aerospace Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » GE Aerospace (MEX:GE) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

GE:USA GCPd:UK GCP:Germany GCP:Germany GCP:Germany GCP:Germany GE:Canada GEOO34:Brazil GE:Argentina

Address

One Financial Center, Suite 3700, Boston, MA, USA, 02111

Website

https://www.geaerospace.com

GE Aerospace is the global leader in designing, manufacturing, and servicing large aircraft engines, along with partner Safran in their CFM joint venture. With its massive global installed base of nearly 70,000 commercial and military engines, GE Aerospace earns most of its profits on recurring service revenue of that equipment, which operates for decades. GE Aerospace is the remaining core business of the company formed in 1892 with historical ties to American inventor Thomas Edison; that company became a storied conglomerate with peak revenue of $130 billion in 2000. GE spun off its appliance, finance, healthcare, and wind and power businesses between 2016 and 2024.