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Raytheon Co (Raytheon Co) Shiller PE Ratio : 15.01 (As of May. 08, 2024)


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What is Raytheon Co Shiller PE Ratio?

As of today (2024-05-08), Raytheon Co's current share price is $116.96. Raytheon Co's E10 for the quarter that ended in Dec. 2019 was $7.79. Raytheon Co's Shiller PE Ratio for today is 15.01.

The historical rank and industry rank for Raytheon Co's Shiller PE Ratio or its related term are showing as below:

RTN's Shiller PE Ratio is not ranked *
in the Aerospace & Defense industry.
Industry Median: 39.6
* Ranked among companies with meaningful Shiller PE Ratio only.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Raytheon Co's adjusted earnings per share data for the three months ended in Dec. 2019 was $3.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $7.79 for the trailing ten years ended in Dec. 2019.

Shiller PE for Stocks: The True Measure of Stock Valuation


Raytheon Co Shiller PE Ratio Historical Data

The historical data trend for Raytheon Co's Shiller 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.

* Premium members only.

Raytheon Co Shiller PE Ratio Chart

Raytheon Co Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.06 22.89 29.59 21.90 28.21

Raytheon Co Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.90 25.11 23.41 25.78 28.21

Competitive Comparison of Raytheon Co's Shiller PE Ratio

For the Aerospace & Defense subindustry, Raytheon Co's Shiller PE Ratio, along with its competitors' market caps and Shiller 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.


Raytheon Co's Shiller PE Ratio Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where Raytheon Co's Shiller PE Ratio falls into.



Raytheon Co Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Raytheon Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=116.96/7.79
=15.01

* 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.

Raytheon Co's E10 for the quarter that ended in Dec. 2019 is calculated as:

For example, Raytheon Co's adjusted earnings per share data for the three months ended in Dec. 2019 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2019 (Change)*Current CPI (Dec. 2019)
=3.16/108.4201*108.4201
=3.160

Current CPI (Dec. 2019) = 108.4201.

Raytheon Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201003 1.160 91.821 1.370
201006 0.550 91.962 0.648
201009 1.940 92.162 2.282
201012 1.250 92.474 1.466
201103 1.060 94.283 1.219
201106 1.230 95.235 1.400
201109 1.430 95.727 1.620
201112 1.570 95.213 1.788
201203 1.320 96.783 1.479
201206 1.410 96.819 1.579
201209 1.500 97.633 1.666
201212 1.420 96.871 1.589
201303 1.490 98.209 1.645
201306 1.500 98.518 1.651
201309 1.510 98.790 1.657
201312 1.660 98.326 1.830
201403 1.890 99.695 2.055
201406 1.760 100.560 1.898
201409 1.650 100.428 1.781
201412 1.880 99.070 2.057
201503 1.790 99.621 1.948
201506 1.650 100.684 1.777
201509 1.470 100.392 1.588
201512 1.890 99.792 2.053
201603 1.430 100.470 1.543
201606 2.410 101.688 2.570
201609 1.840 101.861 1.958
201612 1.840 101.863 1.958
201703 1.740 102.862 1.834
201706 1.890 103.349 1.983
201709 1.970 104.136 2.051
201712 1.350 104.011 1.407
201803 2.190 105.290 2.255
201806 2.780 106.317 2.835
201809 2.250 106.507 2.290
201812 2.930 105.998 2.997
201903 2.770 107.251 2.800
201906 2.920 108.070 2.929
201909 3.080 108.329 3.083
201912 3.160 108.420 3.160

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Raytheon Co  (NYSE:RTN) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Raytheon Co Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Raytheon Co's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Raytheon Co (Raytheon Co) Business Description

Traded in Other Exchanges
N/A
Address
870 Winter Street, Waltham, MA, USA, 02451
Raytheon is a U.S. defense contractor that posted just over $27 billion in sales during 2018. It operates through five segments: integrated defense systems, intelligence and information, missile systems, space and airborne systems, and a cybersecurity business branded Forcepoint. Sales to the U.S. government account for about 70% of consolidated revenue. Based in Waltham, Massachusetts, Raytheon employs more than 60,000 people.
Executives
William Spivey director
Letitia A Long director C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, #300, COLUMBIA MD 21046
David C Wajsgras officer: Vice President 870 WINTER STREET, WALTHAM MA 02451
Marta R Stewart director C/O NORFOLK SOUTHERN CORP, THREE COMMERCIAL PL, NORFOLK VA 23510-9219
Frank R Jimenez officer: VP, General Counsel, Secretary GE HEALTHCARE TECHNOLOGIES INC., 500 W. MONROE ST., CHICAGO IL 606061
Michael J Wood officer: VP, Controller & CAO 870 WINTER STREET, WALTHAM MA 02451
Ellen M Pawlikowski director 870 WINTER STREET, WALTHAM MA 02451
Robert O Work director 870 WINTER STREET, WALTHAM MA 02451
Tracy A Atkinson director MFS INVESTMENT MANAGEMENT, 500 BOYLSTON ST., BOSTON MA 02116
Roy Azevedo officer: Vice President 870 WINTER STREET, WALTHAM MA 02451
Wesley D Kremer officer: Vice President 870 WINTER STREET, WALTHAM MA 02451
Thomas A Kennedy director, officer: Chairman and CEO 870 WINTER STREET, WALTHAM MA 02451
George Oliver director 5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209
Winnefeld James A Jr director 870 WINTER STREET, WALTHAM MA 02451
Robert E Beauchamp director 2101 CITYWEST BLVD, HOUSTON TX 77042-2827

Raytheon Co (Raytheon Co) Headlines

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