Stock Analysis on Net

Boeing Co. (NYSE:BA)

$24.99

Price to Sales (P/S)
since 2005

Microsoft Excel

Paying user area


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Calculation

Boeing Co., 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 Boeing Co. Annual Report.


The price-to-sales (P/S) ratio for the period examined exhibits considerable fluctuation. Initially, the ratio demonstrates an increasing trend from 2006 to 2007, followed by a period of relative stability before a significant decline in 2009. Subsequently, the ratio recovers and generally increases until 2018, after which it experiences volatility with a notable decrease in 2020, followed by a partial recovery and then another decline in 2024.

Initial Trend (2006-2007)
The P/S ratio increased from 1.06 to 1.17, indicating a growing investor willingness to pay for each dollar of sales. This suggests positive market sentiment regarding the company’s revenue generation capabilities during this period.
Decline and Recovery (2008-2011)
A decrease to 0.98 is observed in 2008, followed by a sharp drop to 0.51 in 2009. This substantial decline likely reflects broader economic conditions and potentially company-specific challenges impacting investor confidence. The ratio then begins a recovery, rising to 0.83 by 2011, suggesting a stabilization and renewed investor interest.
Growth Phase (2011-2018)
From 2011 to 2018, the P/S ratio generally trends upward, reaching a peak of 2.26 in 2018. This sustained increase indicates strong investor confidence in the company’s ability to generate sales and potentially suggests expectations of future growth. The ratio more than tripled during this period.
Recent Volatility (2019-2025)
Following 2018, the P/S ratio exhibits increased volatility. A decrease to 2.34 in 2019 is followed by a significant drop to 1.96 in 2020, potentially influenced by external factors such as global economic disruptions. A partial recovery to 1.87 and 1.90 is seen in 2021 and 2022, respectively, but the ratio declines again to 1.66 in 2023 and further to 1.98 in 2025, indicating renewed uncertainty or changing market perceptions.

The fluctuations in the P/S ratio suggest that investor sentiment towards the company’s sales performance has been dynamic over the examined period. The ratio’s sensitivity to external events and internal factors warrants further investigation to understand the underlying drivers of these changes.


Comparison to Competitors

Boeing Co., 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)