Switch to:

Lockheed Martin Shiller PE Ratio

: 26.51 (As of Today)
View and export this data going back to 1995. Start your Free Trial

As of today (2020-07-08), Lockheed Martin's current share price is $350.23. Lockheed Martin's E10 for the quarter that ended in Mar. 2020 was $13.21. Lockheed Martin's Shiller PE Ratio for today is 26.51.

NYSE:LMT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.78   Med: 22.98   Max: 35.07
Current: 26.51

12.78
35.07

During the past years, Lockheed Martin's highest Shiller PE Ratio was 35.07. The lowest was 12.78. And the median was 22.98.

NYSE:LMT's Shiller PE Ratio is ranked lower than
58% of the 130 Companies
in the Aerospace & Defense industry.

( Industry Median: 23.01 vs. NYSE:LMT: 26.51 )

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. 2020 was $6.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $13.21 for the trailing ten years ended in Mar. 2020.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lockheed Martin Shiller PE Ratio Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Lockheed Martin Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.37 24.51 31.24 23.22 30.31

Lockheed Martin Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 25.33 29.87 31.13 30.31 25.66

Competitive Comparison
* 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.


Lockheed Martin Shiller PE Ratio Distribution

* 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
=350.23/13.21
=26.51

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Lockheed Martin's E10 for the quarter that ended in Mar. 2020 is calculated as:

For example, Lockheed Martin's adjusted earnings per share data for the three months ended in Mar. 2020 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2020 (Change)*Current CPI (Mar. 2020)
=6.08/108.1733*108.1733
=6.080

Current CPI (Mar. 2020) = 108.1733.

Lockheed Martin Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201006 2.220 91.981 2.611
201009 1.540 92.277 1.805
201012 2.640 92.914 3.074
201103 1.500 94.890 1.710
201106 2.140 95.319 2.429
201109 2.100 95.529 2.378
201112 2.080 95.632 2.353
201203 2.030 97.075 2.262
201206 2.380 96.661 2.663
201209 2.210 97.595 2.450
201212 1.730 97.158 1.926
201303 2.330 98.107 2.569
201306 2.640 98.557 2.898
201309 2.660 98.536 2.920
201312 1.500 98.692 1.644
201403 2.870 100.023 3.104
201406 2.760 100.520 2.970
201409 2.760 100.176 2.980
201412 2.820 98.604 3.094
201503 2.740 99.824 2.969
201506 2.940 100.691 3.158
201509 2.770 100.346 2.986
201512 3.010 99.957 3.257
201603 2.910 100.947 3.118
201606 3.320 101.524 3.537
201609 7.930 101.988 8.411
201612 3.350 102.456 3.537
201703 2.690 103.167 2.821
201706 3.280 103.278 3.435
201709 3.320 104.070 3.451
201712 -2.250 104.578 -2.327
201803 4.020 105.708 4.114
201806 4.050 106.324 4.120
201809 5.140 106.695 5.211
201812 4.390 106.200 4.472
201903 5.990 107.818 6.010
201906 5.000 108.250 4.996
201909 5.660 108.577 5.639
201912 5.290 108.841 5.258
202003 6.080 108.173 6.080

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  (NYSE: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


Lockheed Martin Shiller PE Ratio Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)