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Huntington Ingalls Industries (Huntington Ingalls Industries) PE Ratio (TTM) : 16.14 (As of Apr. 25, 2024)


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What is Huntington Ingalls Industries PE Ratio (TTM)?

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2024-04-25), Huntington Ingalls Industries's share price is $275.98. Huntington Ingalls Industries's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $17.10. Therefore, Huntington Ingalls Industries's PE Ratio (TTM) for today is 16.14.


The historical rank and industry rank for Huntington Ingalls Industries's PE Ratio (TTM) or its related term are showing as below:

HII' s PE Ratio (TTM) Range Over the Past 10 Years
Min: 9.2   Med: 15.92   Max: 25.4
Current: 16.14


During the past 13 years, the highest PE Ratio (TTM) of Huntington Ingalls Industries was 25.40. The lowest was 9.20. And the median was 15.92.


HII's PE Ratio (TTM) is ranked better than
80.1% of 206 companies
in the Aerospace & Defense industry
Industry Median: 35.08 vs HII: 16.14

Huntington Ingalls Industries's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $6.90. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $17.10.

As of today (2024-04-25), Huntington Ingalls Industries's share price is $275.98. Huntington Ingalls Industries's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $16.36. Therefore, Huntington Ingalls Industries's PE Ratio without NRI for today is 16.87.

During the past 13 years, Huntington Ingalls Industries's highest PE Ratio without NRI was 25.40. The lowest was 9.50. And the median was 16.06.

Huntington Ingalls Industries's EPS without NRI for the three months ended in Dec. 2023 was $6.65. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $16.36.

During the past 12 months, Huntington Ingalls Industries's average EPS without NRI Growth Rate was 21.20% per year. During the past 3 years, the average EPS without NRI Growth Rate was -0.30% per year. During the past 5 years, the average EPS without NRI Growth Rate was -2.90% per year. During the past 10 years, the average EPS without NRI Growth Rate was 9.40% per year.

During the past 13 years, Huntington Ingalls Industries's highest 3-Year average EPS without NRI Growth Rate was 58.10% per year. The lowest was -12.90% per year. And the median was 16.30% per year.

Huntington Ingalls Industries's EPS (Basic) for the three months ended in Dec. 2023 was $6.90. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2023 was $17.10.


Huntington Ingalls Industries PE Ratio (TTM) Historical Data

The historical data trend for Huntington Ingalls Industries's PE Ratio (TTM) 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.

Huntington Ingalls Industries PE Ratio (TTM) Chart

Huntington Ingalls Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PE Ratio (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.92 9.95 13.83 15.98 15.21

Huntington Ingalls Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PE Ratio (TTM) 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 15.98 14.60 17.49 15.42 15.21

Competitive Comparison of Huntington Ingalls Industries's PE Ratio (TTM)

For the Aerospace & Defense subindustry, Huntington Ingalls Industries's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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.


Huntington Ingalls Industries's PE Ratio (TTM) Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Huntington Ingalls Industries's PE Ratio (TTM) distribution charts can be found below:

* The bar in red indicates where Huntington Ingalls Industries's PE Ratio (TTM) falls into.



Huntington Ingalls Industries PE Ratio (TTM) Calculation

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Huntington Ingalls Industries's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=275.98/17.100
=16.14

Huntington Ingalls Industries's Share Price of today is $275.98.
Huntington Ingalls Industries's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $17.10.

* 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:

PE Ratio (TTM)=Market Cap /Net Income

There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


Huntington Ingalls Industries  (NYSE:HII) PE Ratio (TTM) Explanation

The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.

If a company loses money, the PE Ratio (TTM) becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.

Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio (TTM) measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio (TTM) can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio (TTM).


Huntington Ingalls Industries PE Ratio (TTM) Related Terms

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Huntington Ingalls Industries (Huntington Ingalls Industries) Business Description

Traded in Other Exchanges
Address
4101 Washington Avenue, Newport News, VA, USA, 23607
Huntington Ingalls Industries is the largest independent military shipbuilder in the U.S., spun off of Northrop Grumman in 2011. It operates three segments, two of which are historied shipyards: Ingalls produces non-nuclear-powered ships including amphibious landing ships and Arleigh Burke-class destroyers while Newport News produces nuclear-powered ships as the only producer of Gerald Ford-class aircraft carriers and a major subcontractor on Virginia and Columbia-class nuclear submarines. Huntington Ingalls shares production of destroyers and nuclear submarines with General Dynamics' Bath Iron Works and Electric Boat shipyards, respectively. The company's Mission Technologies segment produces uncrewed sea vessels and provides a range of IT and other services to U.S. government agencies.
Executives
Jennifer R. Boykin officer: Vice President, Engineering C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVENUE, NEWPORT NEWS VA 23607
D R Wyatt officer: Corp VP & Treasurer C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVENUE, NEWPORT NEWS VA 23607
Craig S. Faller director C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVE., NEWPORT NEWS VA 23607
Chad N. Boudreaux officer: Ex VP & Chief Legal Officer C/O 4101 WASHINGTON AVENUE, BLDG 909-7, NEWPORT NEWS VA 23607
Nicolas G Schuck officer: Corp VP, Controller & CAO C/OHUNTINGTON INGALLS INDUSTRIES, 4101 WASHINGTON AVENUE, NEWPORT NEWS VA 23607
Christopher W. Soong officer: Ex VP & CIO C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVE., NEWPORT NEWS VA 23607
Hughes Edmond E. Jr. officer: Ex VP & Chief HR Officer C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVE. BLDG 909-7, NEWPORT NEWS VA 23607
Green Edgar A Iii officer: Ex VP, Pres. HII Technical Sol C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVENUE, NEWPORT NEWS VA 23607
Anastasi D Kelly director 88317 WOODLEA MILL ROAD, MCLEAN VA 22102
Eric D. Chewning officer: Ex VP, Strategy & Development C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVE., NEWPORT NEWS VA 23607
Leo P Denault director
Todd A. Borkey officer: Ex VP & Chief Technology Offic C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVE., NEWPORT NEWS VA 23607
Paul C. Harris officer: Ex VP & Chief Sustainability C/O HUNTINGTON INGALLS INDUSTRIES, 4101 WASHINGTON AVE BLDG 909-7, NEWPORT NEWS VA 23607
William R Ermatinger officer: Corp VP & Chief HR Officer C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVENUE, NEWPORT NEWS VA 23607
Frank R Jimenez director GE HEALTHCARE TECHNOLOGIES INC., 500 W. MONROE ST., CHICAGO IL 606061