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LMT (Lockheed Martin) Shiller PE Ratio : (As of Jul. 23, 2025)


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What is Lockheed Martin Shiller PE Ratio?

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.

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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
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 20.86 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.


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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 E10 for the quarter that ended in Jun. 2025 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2025 (Change)*Current CPI (Jun. 2025)
=1.46/135.3468*135.3468
=1.460

Current CPI (Jun. 2025) = 135.3468.

Lockheed Martin Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201509 2.770 100.392 3.734
201512 3.010 99.792 4.082
201603 2.910 100.470 3.920
201606 3.320 101.688 4.419
201609 7.930 101.861 10.537
201612 3.350 101.863 4.451
201703 2.690 102.862 3.540
201706 3.280 103.349 4.296
201709 3.320 104.136 4.315
201712 -2.250 104.011 -2.928
201803 4.020 105.290 5.168
201806 4.050 106.317 5.156
201809 5.140 106.507 6.532
201812 4.390 105.998 5.606
201903 5.990 107.251 7.559
201906 5.000 108.070 6.262
201909 5.660 108.329 7.072
201912 5.290 108.420 6.604
202003 6.080 108.902 7.556
202006 5.790 108.767 7.205
202009 6.050 109.815 7.457
202012 6.380 109.897 7.857
202103 6.560 111.754 7.945
202106 6.520 114.631 7.698
202109 2.210 115.734 2.585
202112 7.470 117.630 8.595
202203 6.440 121.301 7.186
202206 1.160 125.017 1.256
202209 6.710 125.227 7.252
202212 7.400 125.222 7.998
202303 6.610 127.348 7.025
202306 6.630 128.729 6.971
202309 6.730 129.860 7.014
202312 7.580 129.419 7.927
202403 6.390 131.776 6.563
202406 6.850 132.554 6.994
202409 6.800 133.029 6.918
202412 2.220 133.157 2.257
202503 7.280 134.927 7.303
202506 1.460 135.347 1.460

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

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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.
Executives
Paul Harry Edward Iii officer: Vice President & Controller 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Lightfoot Robert M Jr officer: Executive Vice President 6801 ROCKLEDGE DR, BETHESDA MD 20817
Stephanie C. Hill officer: Executive Vice President 55 WATER STREET, NEW YORK NY 10041
Timothy S Cahill officer: Executive Vice President 6802 ROCKLEDGE DRIVE, BETHESDA MD 20817
Gregory M Ulmer officer: Acting Executive Vice Pres. 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Maryanne Lavan officer: SVP & General Counsel 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
St John Frank A officer: Executive Vice President 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
John Donovan director 208 S. AKARD ST. , ROOM 3025, DALLAS TX 75202
Vincent R. Stewart director C/O AMERICAN PUBLIC EDUCATION, INC., 111 WEST CONGRESS STREET, CHARLES TOWN WV 25414
Evan T Scott officer: Vice President & Treasurer 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
John W Mollard officer: Vice President & Treasurer 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Brian P Colan officer: VP & Controller 6801 ROCKLEDGE DR, BETHESDA MD 20817
Jesus Jr Malave officer: Chief Financial Officer L3HARRIS TECHNOLOGIES INC, 1025 WEST NASA BOULEVARD, MELBOURNE FL 32919
Patricia E Yarrington director 6001 BOLLINGER CANYON ROAD, SAN RAMON CA 94583
Kenneth R Possenriede officer: Vice President & Treasurer 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817