The historical rank and industry rank for Lockheed Martin's Price-to-Tangible-Book or its related term are showing as below:
LMT's Price-to-Tangible-Book is not ranked *
in the Aerospace & Defense industry.
Industry Median: 3.14 * Ranked among companies with meaningful Price-to-Tangible-Book only.
Lockheed Martin Price-to-Tangible-Book Historical Data
The historical data trend for Lockheed Martin's Price-to-Tangible-Book 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.
Competitive Comparison of Lockheed Martin's Price-to-Tangible-Book
For the Aerospace & Defense subindustry, Lockheed Martin's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.
Lockheed Martin's Price-to-Tangible-Book Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Lockheed Martin's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Lockheed Martin's Price-to-Tangible-Book falls into.
Lockheed Martin Price-to-Tangible-Book Calculation
Lockheed Martin's price-to-tangible-book ratio for today is calculated as:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Lockheed Martin Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Lockheed Martin's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Lockheed Martin (Lockheed Martin) Business Description
Lockheed Martin is the world's largest defense contractor and has dominated the Western market for high-end fighter aircraft since it won the F-35 Joint Strike Fighter program in 2001. Lockheed's largest segment is aeronautics, which derives upward of two-thirds of its revenue from the F-35. Lockheed's remaining segments are rotary and mission systems, which is mainly the Sikorsky helicopter business; missiles and fire control, which creates missiles and missile defense systems; and space systems, which produces satellites and receives equity income from the United Launch Alliance joint venture.
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