GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Lockheed Martin Corp (BUE:LMT) » Definitions » Shiller PE Ratio

Lockheed Martin (BUE:LMT) Shiller PE Ratio : 19.39 (As of Jul. 22, 2025)


View and export this data going back to . Start your Free Trial

What is Lockheed Martin Shiller PE Ratio?

As of today (2025-07-22), Lockheed Martin's current share price is ARS29725.00. Lockheed Martin's E10 for the quarter that ended in Mar. 2025 was ARS1,532.83. Lockheed Martin's Shiller PE Ratio for today is 19.39.

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

BUE:LMT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 18.54   Med: 25.13   Max: 35.24
Current: 19.76

During the past years, Lockheed Martin's highest Shiller PE Ratio was 35.24. The lowest was 18.54. And the median was 25.13.

BUE:LMT's Shiller PE Ratio is ranked better than
84.03% of 144 companies
in the Aerospace & Defense industry
Industry Median: 58.025 vs BUE:LMT: 19.76

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.

Lockheed Martin's adjusted earnings per share data for the three months ended in Mar. 2025 was ARS7,760.749. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ARS1,532.83 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lockheed Martin Shiller PE Ratio Historical Data

The historical data trend for Lockheed Martin'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.

Lockheed Martin Shiller PE Ratio Chart

Lockheed Martin Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.48 21.05 25.49 21.28 21.45

Lockheed Martin Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 20.73 20.86 25.65 21.45 19.16

Competitive Comparison of Lockheed Martin's Shiller PE Ratio

For the Aerospace & Defense subindustry, Lockheed Martin'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.


Lockheed Martin's Shiller PE Ratio Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where Lockheed Martin's Shiller PE Ratio falls into.


;
;

Lockheed Martin 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.

Lockheed Martin's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=29725.00/1532.83
=19.39

* 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.

Lockheed Martin's E10 for the quarter that ended in Mar. 2025 is calculated as:

For example, Lockheed Martin's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=7760.749/134.9266*134.9266
=7,760.749

Current CPI (Mar. 2025) = 134.9266.

Lockheed Martin Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201506 26.714 100.684 35.799
201509 26.044 100.392 35.003
201512 38.958 99.792 52.674
201603 42.498 100.470 57.073
201606 46.413 101.688 61.584
201609 118.290 101.861 156.689
201612 53.106 101.863 70.344
201703 41.472 102.862 54.400
201706 54.081 103.349 70.605
201709 58.178 104.136 75.380
201712 -42.964 104.011 -55.734
201803 80.999 105.290 103.799
201806 101.007 106.317 128.188
201809 189.147 106.507 239.618
201812 165.525 105.998 210.700
201903 234.149 107.251 294.571
201906 223.395 108.070 278.912
201909 316.541 108.329 394.259
201912 316.202 108.420 393.507
202003 377.381 108.902 467.567
202006 396.383 108.767 491.716
202009 449.152 109.815 551.861
202012 519.204 109.897 637.457
202103 590.925 111.754 713.453
202106 617.640 114.631 726.992
202109 216.094 115.734 251.929
202112 754.395 117.630 865.327
202203 691.476 121.301 769.149
202206 139.583 125.017 150.647
202209 932.354 125.227 1,004.575
202212 1,240.610 125.222 1,336.758
202303 1,305.806 127.348 1,383.518
202306 1,591.200 128.729 1,667.811
202309 2,355.164 129.860 2,447.062
202312 2,736.380 129.419 2,852.822
202403 5,383.575 131.776 5,512.281
202406 6,134.175 132.554 6,243.981
202409 6,463.400 133.029 6,555.602
202412 2,242.200 133.157 2,271.996
202503 7,760.749 134.927 7,760.749

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.


Lockheed Martin  (BUE:LMT) 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.


Lockheed Martin Shiller PE Ratio Related Terms

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


Lockheed Martin Business Description

Address
6801 Rockledge Drive, Bethesda, MD, USA, 20817
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. Aeronautics is Lockheed's largest segment, which derives upward of two-thirds of its revenue from the F-35. Lockheed's remaining segments are rotary and mission systems, mainly encompassing 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.