03-13-2019, 02:10 PM
All MAX aircraft now grounded in the U.S., as well.
For Boeing to trade at the same P/E multiple that it did in 2013, when investors were concerned about 787 battery issues, 787 program cost overruns, and an SEC accounting investigation, the stock price would need to drop to about $275. Current P/E is still well above its 10-year average of 18.1, and 10yr average operating earnings growth rate of 17.4%
For Boeing to trade at the same P/E multiple that it did in 2013, when investors were concerned about 787 battery issues, 787 program cost overruns, and an SEC accounting investigation, the stock price would need to drop to about $275. Current P/E is still well above its 10-year average of 18.1, and 10yr average operating earnings growth rate of 17.4%