Price to Earnings (P/E)
since 2005
Calculation
GE Aerospace, P/E, long-term trends, calculation
| P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Net earnings (loss) attributable to GE common shareowners1 (in millions) | ÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 2, 2024 | 16.18 | = | 136.54 | ÷ | 8.44 | 8.44 | = | 9,186 | ÷ | 1,088,334,304 | |
| Feb 10, 2023 | — | = | 81.29 | ÷ | -0.06 | -0.06 | = | -64 | ÷ | 1,089,286,553 | |
| Feb 11, 2022 | — | = | 96.83 | ÷ | -6.15 | -6.15 | = | -6,757 | ÷ | 1,099,321,882 | |
| Feb 12, 2021 | 19.67 | = | 93.84 | ÷ | 4.77 | 4.77 | = | 5,230 | ÷ | 1,095,992,750 | |
| Feb 24, 2020 | — | = | 94.88 | ÷ | -4.98 | -4.98 | = | -5,439 | ÷ | 1,092,529,000 | |
| Feb 26, 2019 | — | = | 85.28 | ÷ | -20.96 | -20.96 | = | -22,802 | ÷ | 1,088,135,013 | |
| Feb 23, 2018 | — | = | 115.92 | ÷ | -5.73 | -5.73 | = | -6,222 | ÷ | 1,085,322,000 | |
| Feb 24, 2017 | 32.22 | = | 241.52 | ÷ | 7.50 | 7.50 | = | 8,176 | ÷ | 1,090,597,875 | |
| Feb 26, 2016 | — | = | 235.20 | ÷ | -5.27 | -5.27 | = | -6,145 | ÷ | 1,166,325,916 | |
| Feb 27, 2015 | 17.17 | = | 207.92 | ÷ | 12.11 | 12.11 | = | 15,233 | ÷ | 1,258,113,686 | |
| Feb 27, 2014 | 19.59 | = | 204.00 | ÷ | 10.41 | 10.41 | = | 13,057 | ÷ | 1,254,141,250 | |
| Feb 26, 2013 | 17.57 | = | 184.40 | ÷ | 10.49 | 10.49 | = | 13,641 | ÷ | 1,299,783,875 | |
| Feb 24, 2012 | 15.52 | = | 153.92 | ÷ | 9.92 | 9.92 | = | 13,120 | ÷ | 1,322,657,125 | |
| Feb 25, 2011 | 19.49 | = | 166.56 | ÷ | 8.55 | 8.55 | = | 11,344 | ÷ | 1,327,311,125 | |
| Feb 19, 2010 | 16.09 | = | 129.36 | ÷ | 8.04 | 8.04 | = | 10,725 | ÷ | 1,333,727,625 | |
| Feb 18, 2009 | 6.62 | = | 86.88 | ÷ | 13.13 | 13.13 | = | 17,335 | ÷ | 1,320,053,125 | |
| Feb 20, 2008 | 15.45 | = | 274.88 | ÷ | 17.79 | 17.79 | = | 22,208 | ÷ | 1,248,208,625 | |
| Feb 27, 2007 | 17.11 | = | 277.28 | ÷ | 16.20 | 16.20 | = | 20,829 | ÷ | 1,285,391,250 | |
| Mar 3, 2006 | 21.07 | = | 264.48 | ÷ | 12.55 | 12.55 | = | 16,353 | ÷ | 1,302,928,096 |
Based on: 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.
Comparison to Competitors
GE Aerospace, P/E, long-term trends, comparison to competitors
| GE Aerospace | Boeing Co. | Caterpillar Inc. | Eaton Corp. plc | Honeywell International Inc. | Lockheed Martin Corp. | RTX Corp. | |
|---|---|---|---|---|---|---|---|
| Feb 2, 2024 | 16.18 | — | 15.55 | 35.88 | 22.73 | 15.35 | 38.31 |
| Feb 10, 2023 | — | — | 19.15 | 27.93 | 26.97 | 20.48 | 27.59 |
| Feb 11, 2022 | — | — | 16.82 | 27.77 | 23.14 | 16.70 | 36.79 |
| Feb 12, 2021 | 19.67 | — | 36.80 | 37.46 | 29.63 | 13.44 | — |
| Feb 24, 2020 | — | — | 12.36 | 18.06 | 20.97 | 19.87 | 24.41 |
| Feb 26, 2019 | — | 21.87 | 12.42 | 15.92 | 16.02 | 16.88 | 19.74 |
| Feb 23, 2018 | — | 24.68 | 126.80 | 11.90 | 67.20 | 48.70 | 21.97 |
| Feb 24, 2017 | 32.22 | 20.50 | — | 16.96 | 19.29 | 14.14 | 17.55 |
| Feb 26, 2016 | — | 14.89 | 18.07 | 13.17 | 16.70 | 18.36 | 9.31 |
| Feb 27, 2015 | 17.17 | 19.15 | 14.01 | 18.73 | 19.27 | 16.86 | 17.52 |
| Feb 27, 2014 | 19.59 | 21.10 | 16.25 | 19.35 | 18.91 | 17.56 | 17.51 |
| Feb 26, 2013 | 17.57 | 14.71 | 11.02 | 23.99 | 18.78 | 10.34 | 16.07 |
| Feb 24, 2012 | 15.52 | 14.09 | 15.11 | 12.83 | 22.54 | 10.81 | 15.29 |
| Feb 25, 2011 | 19.49 | 16.17 | 24.14 | 19.59 | 22.48 | 9.58 | 17.84 |
| Feb 19, 2010 | 16.09 | 33.40 | 40.66 | 29.60 | 13.44 | 9.56 | 16.33 |
| Feb 18, 2009 | 6.62 | 11.63 | 4.51 | 5.65 | 8.71 | 8.47 | 9.57 |
| Feb 20, 2008 | 15.45 | 15.99 | 12.54 | 11.89 | 17.07 | 14.15 | 16.61 |
| Feb 27, 2007 | 17.11 | 32.40 | 12.28 | 12.47 | 18.37 | 16.95 | 18.16 |
| Mar 3, 2006 | 21.07 | 22.62 | 17.17 | 12.82 | 20.71 | 17.45 | 18.76 |
Based on: 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)
GE Aerospace, P/E, long-term trends, comparison to sector (capital goods)
| GE Aerospace | Capital Goods | |
|---|---|---|
| Feb 2, 2024 | 16.18 | 25.10 |
| Feb 10, 2023 | — | 40.21 |
| Feb 11, 2022 | — | 57.31 |
| Feb 12, 2021 | 19.67 | 123.55 |
| Feb 24, 2020 | — | 39.03 |
| Feb 26, 2019 | — | 56.00 |
| Feb 23, 2018 | — | 55.16 |
| Feb 24, 2017 | 32.22 | 23.62 |
| Feb 26, 2016 | — | 33.10 |
| Feb 27, 2015 | 17.17 | 17.47 |
| Feb 27, 2014 | 19.59 | 18.85 |
| Feb 26, 2013 | 17.57 | 15.74 |
| Feb 24, 2012 | 15.52 | 15.20 |
| Feb 25, 2011 | 19.49 | 18.46 |
| Feb 19, 2010 | 16.09 | 17.22 |
| Feb 18, 2009 | 6.62 | 7.48 |
| Feb 20, 2008 | 15.45 | 15.28 |
| Feb 27, 2007 | 17.11 | 17.63 |
| Mar 3, 2006 | 21.07 | 20.11 |
Based on: 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 Industry (Industrials)
GE Aerospace, P/E, long-term trends, comparison to industry (industrials)
| GE Aerospace | Industrials | |
|---|---|---|
| Feb 2, 2024 | 16.18 | 25.76 |
| Feb 10, 2023 | — | 36.38 |
| Feb 11, 2022 | — | 33.32 |
| Feb 12, 2021 | 19.67 | 161.96 |
| Feb 24, 2020 | — | 49.05 |
| Feb 26, 2019 | — | 35.40 |
| Feb 23, 2018 | — | 31.20 |
| Feb 24, 2017 | 32.22 | 23.64 |
| Feb 26, 2016 | — | 27.90 |
| Feb 27, 2015 | 17.17 | 18.70 |
| Feb 27, 2014 | 19.59 | 19.00 |
| Feb 26, 2013 | 17.57 | 17.25 |
| Feb 24, 2012 | 15.52 | 15.90 |
| Feb 25, 2011 | 19.49 | 18.62 |
| Feb 19, 2010 | 16.09 | 18.59 |
| Feb 18, 2009 | 6.62 | 8.47 |
| Feb 20, 2008 | 15.45 | 17.00 |
| Feb 27, 2007 | 17.11 | 17.68 |
| Mar 3, 2006 | 21.07 | 20.29 |
Based on: 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).