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General Dynamics (FRA:GDX) Shiller PE Ratio

: 19.05 (As of Today)
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As of today (2023-03-29), General Dynamics's current share price is €208.25. General Dynamics's E10 for the quarter that ended in Dec. 2022 was €10.93. General Dynamics's Shiller PE Ratio for today is 19.05.

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

FRA:GDX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.28   Med: 21.89   Max: 31.73
Current: 19.38

During the past years, General Dynamics's highest Shiller PE Ratio was 31.73. The lowest was 11.28. And the median was 21.89.

FRA:GDX's Shiller PE Ratio is ranked better than
68.99% of 129 companies
in the Aerospace & Defense industry
Industry Median: 29.50 vs FRA:GDX: 19.38

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.

General Dynamics's adjusted earnings per share data for the three months ended in Dec. 2022 was €3.380. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €10.93 for the trailing ten years ended in Dec. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


General Dynamics Shiller PE Ratio Historical Data

The historical data trend for General Dynamics'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.

General Dynamics Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.51 21.24 17.09 21.60 21.32

General Dynamics Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Shiller PE Ratio 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 Premium Member Only Premium Member Only Premium Member Only 21.60 24.08 21.34 20.22 21.32

Competitive Comparison

For the Aerospace & Defense subindustry, General Dynamics'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.

   

General Dynamics Shiller PE Ratio Distribution

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

* The bar in red indicates where General Dynamics's Shiller PE Ratio falls in comparison to its industry or sector. The grey bar indicates the Shiller PE Ratio's extreme value range as defined by GuruFocus.



General Dynamics 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.

General Dynamics's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=208.25/10.93
=19.05

* 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.

General Dynamics's E10 for the quarter that ended in Dec. 2022 is calculated as:

For example, General Dynamics's adjusted earnings per share data for the three months ended in Dec. 2022 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=3.38/125.2218*125.2218
=3.380

Current CPI (Dec. 2022) = 125.2218.

General Dynamics Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201303 1.251 98.209 1.595
201306 1.372 98.518 1.744
201309 1.376 98.790 1.744
201312 1.022 98.326 1.302
201403 1.236 99.695 1.552
201406 1.163 100.560 1.448
201409 1.599 100.428 1.994
201412 1.695 99.070 2.142
201503 1.977 99.621 2.485
201506 2.023 100.684 2.516
201509 2.031 100.392 2.533
201512 2.203 99.792 2.764
201603 1.832 100.470 2.283
201606 2.047 101.688 2.521
201609 1.862 101.861 2.289
201612 2.446 101.863 3.007
201703 2.319 102.862 2.823
201706 2.181 103.349 2.643
201709 2.114 104.136 2.542
201712 1.774 104.011 2.136
201803 2.149 105.290 2.556
201806 2.243 106.317 2.642
201809 2.442 106.507 2.871
201812 2.699 105.998 3.188
201903 2.266 107.251 2.646
201906 2.451 108.070 2.840
201909 2.851 108.329 3.296
201912 3.159 108.420 3.649
202003 2.199 108.902 2.529
202006 1.936 108.767 2.229
202009 2.462 109.815 2.807
202012 2.869 109.897 3.269
202103 2.083 111.754 2.334
202106 2.166 114.631 2.366
202109 2.610 115.734 2.824
202112 3.000 117.630 3.194
202203 2.370 121.301 2.447
202206 2.602 125.017 2.606
202209 3.293 125.227 3.293
202212 3.380 125.222 3.380

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.


General Dynamics  (FRA:GDX) 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.


General Dynamics Shiller PE Ratio Related Terms

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


General Dynamics (FRA:GDX) Business Description

General Dynamics logo
Address
11011 Sunset Hills Road, Reston, VA, USA, 20190
General Dynamics is a defense contractor and business jet manufacturer. The firm's segments include aerospace, combat systems, marine, and technologies. General Dynamics' aerospace segment creates Gulfstream business jets. Combat system produces land-based combat vehicles, such as the M1 Abrams tank. The marine subsegment creates nuclear-powered submarines, among other things. The technologies segment contains two main units, an IT business that primarily serves the government market and a mission systems business that focuses on products that provide command, control, computers, intelligence, surveillance, and reconnaissance capabilities to the military.

General Dynamics (FRA:GDX) Headlines

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