Stock Analysis on Net

GE Aerospace (NYSE:GE)

$24.99

Price to Sales (P/S)
since 2005

Microsoft Excel

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Calculation

GE Aerospace, P/S, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

1 US$

2 Data adjusted for splits and stock dividends.

3 Closing price as at the filing date of GE Aerospace Annual Report.


The price-to-sales (P/S) ratio, calculated from the provided share price and sales per share figures, exhibits considerable fluctuation over the observed period. Initially, the ratio demonstrates a slight downward trend from 3.72 in 2006 to 3.45 in 2008. A significant decline is then observed in 2009, falling to 1.02, before a period of recovery and growth through 2011, reaching a peak of 2.20. Subsequent years show relative stability, fluctuating between approximately 2.15 and 2.59 until 2014. A notable decrease occurs in 2015, followed by a further drop to 1.11 in 2018, representing a low point in the period. A modest recovery is seen in 2019 and 2020, but this is followed by a decline in 2021 and 2022. The most dramatic increase in the P/S ratio occurs in the final years of the series, rising sharply to 6.24 in 2024 and continuing to 7.41 in 2025.

Initial Period (2006-2008)
The P/S ratio begins at a relatively high level and experiences a gradual decrease. This suggests a potential cooling of investor enthusiasm or a shift in market perception regarding the company’s valuation relative to its sales.
Significant Decline (2009)
The substantial drop in the P/S ratio in 2009 likely reflects broader economic conditions and potentially company-specific challenges impacting investor confidence. The ratio falling below 1.5 indicates that the market valued the company at less than 1.5 times its annual sales.
Recovery and Stability (2010-2014)
The period from 2010 to 2014 demonstrates a recovery and relative stability in the P/S ratio. This suggests a period of improved performance or renewed investor confidence. The ratio consistently remains above 2.0, indicating a more favorable valuation.
Recent Volatility and Increase (2015-2025)
The latter part of the series is characterized by increased volatility. The decline to 1.11 in 2018 suggests renewed concerns, while the dramatic increase in 2024 and 2025 indicates a significant shift in market sentiment. This recent surge could be driven by factors such as anticipated growth, improved profitability, or changes in the overall market environment. The ratio exceeding 6.0 suggests a substantial premium placed on the company’s sales.

Overall, the P/S ratio demonstrates a complex pattern of fluctuations, with periods of decline, recovery, and recent, substantial growth. The observed trends suggest that the company’s valuation relative to its sales has been subject to significant external and internal influences throughout the analyzed timeframe.


Comparison to Competitors

GE Aerospace, P/S, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).


Comparison to Sector (Capital Goods)


Comparison to Industry (Industrials)