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General Dynamics (HAM:GDX) Shiller PE Ratio : 23.03 (As of Apr. 26, 2024)


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What is General Dynamics Shiller PE Ratio?

As of today (2024-04-26), General Dynamics's current share price is €263.25. General Dynamics's E10 for the quarter that ended in Mar. 2024 was €11.43. General Dynamics's Shiller PE Ratio for today is 23.03.

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

HAM:GDX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.73   Med: 22.09   Max: 32.25
Current: 22.93

During the past years, General Dynamics's highest Shiller PE Ratio was 32.25. The lowest was 13.73. And the median was 22.09.

HAM:GDX's Shiller PE Ratio is ranked better than
70.59% of 136 companies
in the Aerospace & Defense industry
Industry Median: 38.245 vs HAM:GDX: 22.93

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 Mar. 2024 was €2.650. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €11.43 for the trailing ten years ended in Mar. 2024.

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 Shiller PE Ratio Chart

General Dynamics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.24 17.09 21.60 21.32 21.01

General Dynamics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 19.20 17.85 18.08 21.01 22.74

Competitive Comparison of General Dynamics's Shiller PE Ratio

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

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 into.



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
=263.25/11.43
=23.03

* 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 Mar. 2024 is calculated as:

For example, General Dynamics's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.65/129.4194*129.4194
=2.650

Current CPI (Mar. 2024) = 129.4194.

General Dynamics Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 1.163 100.560 1.497
201409 1.599 100.428 2.061
201412 1.695 99.070 2.214
201503 1.977 99.621 2.568
201506 2.023 100.684 2.600
201509 2.031 100.392 2.618
201512 2.203 99.792 2.857
201603 1.832 100.470 2.360
201606 2.047 101.688 2.605
201609 1.862 101.861 2.366
201612 2.446 101.863 3.108
201703 2.319 102.862 2.918
201706 2.181 103.349 2.731
201709 2.114 104.136 2.627
201712 1.774 104.011 2.207
201803 2.149 105.290 2.642
201806 2.243 106.317 2.730
201809 2.442 106.507 2.967
201812 2.699 105.998 3.295
201903 2.266 107.251 2.734
201906 2.451 108.070 2.935
201909 2.851 108.329 3.406
201912 3.159 108.420 3.771
202003 2.199 108.902 2.613
202006 1.936 108.767 2.304
202009 2.462 109.815 2.902
202012 2.869 109.897 3.379
202103 2.083 111.754 2.412
202106 2.166 114.631 2.445
202109 2.610 115.734 2.919
202112 3.000 117.630 3.301
202203 2.370 121.301 2.529
202206 2.602 125.017 2.694
202209 3.293 125.227 3.403
202212 3.380 125.222 3.493
202303 2.466 127.348 2.506
202306 2.492 128.729 2.505
202309 2.848 129.860 2.838
202312 3.338 129.419 3.338
202403 2.650 129.419 2.650

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  (HAM: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 (HAM:GDX) Business Description

Traded in Other Exchanges
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, marine, combat systems, and technologies. General Dynamics' aerospace segment creates Gulfstream business jets and operates a global aircraft servicing operation. Combat systems produces land-based combat vehicles such as the M1 Abrams tank and Stryker armored personnel carrier, as well as munitions. The marine segment creates and services nuclear-powered submarines, destroyers, and other ships. 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, computing, intelligence, surveillance, and reconnaissance capabilities to the military.

General Dynamics (HAM:GDX) Headlines

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