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Northrop Grumman Shiller PE Ratio

: 24.83 (As of Today)
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As of today (2022-08-12), Northrop Grumman's current share price is $473.065. Northrop Grumman's E10 for the quarter that ended in Jun. 2022 was $19.05. Northrop Grumman's Shiller PE Ratio for today is 24.83.

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

NOC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.99   Med: 25.41   Max: 42.69
Current: 24.8

During the past years, Northrop Grumman's highest Shiller PE Ratio was 42.69. The lowest was 12.99. And the median was 25.41.

NOC's Shiller PE Ratio is ranked better than
58.65% of 133 companies
in the Aerospace & Defense industry
Industry Median: 29.61 vs NOC: 24.80

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.

Northrop Grumman's adjusted earnings per share data for the three months ended in Jun. 2022 was $6.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $19.05 for the trailing ten years ended in Jun. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


Northrop Grumman Shiller PE Ratio Historical Data

The historical data trend for Northrop Grumman'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.

Northrop Grumman Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.80 22.64 29.22 23.38 22.16

Northrop Grumman Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 23.94 22.85 22.16 24.34 25.13

Competitive Comparison

For the Aerospace & Defense subindustry, Northrop Grumman'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.

   

Northrop Grumman Shiller PE Ratio Distribution

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

* The bar in red indicates where Northrop Grumman's Shiller PE Ratio falls into.



Northrop Grumman 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.

Northrop Grumman's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=473.065/19.05
=24.83

* 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.

Northrop Grumman's E10 for the quarter that ended in Jun. 2022 is calculated as:

For example, Northrop Grumman's adjusted earnings per share data for the three months ended in Jun. 2022 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2022 (Change)*Current CPI (Jun. 2022)
=6.06/123.3228*123.3228
=6.060

Current CPI (Jun. 2022) = 123.3228.

Northrop Grumman Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201209 1.820 97.633 2.299
201212 2.140 96.871 2.724
201303 2.030 98.209 2.549
201306 2.050 98.518 2.566
201309 2.140 98.790 2.671
201312 2.130 98.326 2.671
201403 2.630 99.695 3.253
201406 2.370 100.560 2.906
201409 2.260 100.428 2.775
201412 2.470 99.070 3.075
201503 2.410 99.621 2.983
201506 2.740 100.684 3.356
201509 2.750 100.392 3.378
201512 2.500 99.792 3.089
201603 3.030 100.470 3.719
201606 2.850 101.688 3.456
201609 3.350 101.861 4.056
201612 2.090 101.863 2.530
201703 3.690 102.862 4.424
201706 3.160 103.349 3.771
201709 3.670 104.136 4.346
201712 5.820 104.011 6.901
201803 4.790 105.290 5.610
201806 4.500 106.317 5.220
201809 7.110 106.507 8.233
201812 2.090 105.998 2.432
201903 5.060 107.251 5.818
201906 5.060 108.070 5.774
201909 5.490 108.329 6.250
201912 -2.390 108.420 -2.719
202003 5.150 108.902 5.832
202006 6.010 108.767 6.814
202009 5.890 109.815 6.615
202012 1.970 109.897 2.211
202103 13.430 111.754 14.820
202106 6.420 114.631 6.907
202109 6.630 115.734 7.065
202112 16.990 117.630 17.812
202203 6.100 121.301 6.202
202206 6.060 123.323 6.060

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.


Northrop Grumman  (NYSE:NOC) 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.


Northrop Grumman Shiller PE Ratio Related Terms

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


Northrop Grumman Business Description

Northrop Grumman logo
Address
2980 Fairview Park Drive, Falls Church, VA, USA, 22042
Northrop Grumman is a defense contractor that is diversified across short-cycle and long-cycle businesses. The firm's segments include aeronautics, mission systems, defense services, and space systems. The company's aerospace segment creates the fuselage for the massive F-35 program and produces various piloted and autonomous flight systems. Mission systems creates a variety of sensors and processors for defense hardware. The defense systems segment is a mix between a long-range missile manufacturer and a defense IT service provider. Finally, the company's space systems segment produces various space structures, sensors, and satellites.
Executives
Bromberg Matthew Fox officer: CVP, Global Operations 2980 FAIRVIEW PARK DRIVE FALLS CHURCH VA 22042
Wilson Thomas L Jr officer: CVP and Pres. Space Systems 2980 FAIRVIEW PARK DRIVE FALLS CHURCH VA 22042
Robinson Graham director 1000 STANLEY DRIVE NEW BRITAIN CT 06053
Jones Thomas H officer: CVP & Pres Aeronautics Systems 2980 FAIRVIEW PARK DRIVE FALLS CHURCH VA 22042
Abney David P director 55 GLENLAKE PARWAY, NE ATLANTA GA 30328
Brown Marianne Catherine director 4094 TIMUQUANA ROAD JACKSONVILLE FL 33210-8571
Keffer David F officer: CVP & Chief Financial Officer 3170 FAIRVIEW PARK DRIVE FALLS CHURCH VA 22042
Petryszyn Mary D officer: CVP, Pres, Defense Systems 2980 FAIRVIEW PARK DRIVE FALLS CHURCH VA 22042
Bush Wesley G director, officer: Chairman 333 MAPLE AVENUE EAST #3080 VIENNA VA 22180
Ryan Lucy C officer: Corp VP, Communications 2980 FAIRVIEW PARK DRIVE FALLS CHURCH VA 22042
Addison Ann M officer: Corporate Vice President 11951 FREEDOM DRIVE RESTON VA 20190
Larson Blake E officer: Vice President, other: Corp VP & Pres, NGIS 5050 LINCOLN DRIVE EDINA MN 55436
Kalan Lesley A officer: Corp VP, Government Relations 805 VASSAR ROAD ALEXANDRIA VA 22314
Purvis Shawn N officer: CVP, President, Enterprise Svc 9672 CRECY LANE MANASSAS VA 20110
Pamiljans Janis G officer: Corp VP & President AS Systems 212 LANSING ISLAND DRIVE INDIAN HARBOUR BEACH FL 32937

Northrop Grumman Headlines

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