RTX (MEX:RTX) Cyclically Adjusted PB Ratio: 3.67 (As of Jul. 15, 2026) — 56% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:RTX RTX Corp MEX:RTX
67 GF Score
Price MXN3,453.00
GF Value MXN2,580.60
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is RTX Cyclically Adjusted PB Ratio?

RTX MEX:RTX 67 Cyclically Adjusted PB Ratio is 3.67 as of Jul. 15, 2026, which is 56% above its 10-year median of 2.35. GuruFocus rates MEX:RTX with a GF Score™ of 67/100 and a GF Value™ of MXN2,580.60 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 214 Aerospace & Defense companies, RTX ranks better than 50.93% on this metric.

As of today (2026-07-15), RTX's current share price is MXN3453.00. RTX's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN940.63. RTX's Cyclically Adjusted PB Ratio for today is 3.67.

The historical rank and industry rank for RTX's Cyclically Adjusted PB Ratio or its related term are showing as below:

MEX:RTX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.38   Med: 2.35   Max: 4.04
Current: 3.66

During the past years, RTX's highest Cyclically Adjusted PB Ratio was 4.04. The lowest was 1.38. And the median was 2.35.

MEX:RTX's Cyclically Adjusted PB Ratio is ranked better than
50.93% of 214 companies
in the Aerospace & Defense industry
Industry Median: 3.76 vs MEX:RTX: 3.66

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

RTX's adjusted book value per share data for the three months ended in Mar. 2026 was MXN887.519. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is MXN940.63 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


RTX  (MEX:RTX) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


RTX Cyclically Adjusted PB Ratio Related Terms


RTX Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for RTX's Cyclically Adjusted PB 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.

RTX Cyclically Adjusted PB Ratio Chart

RTX Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.02 2.16 1.71 2.30 3.54

RTX Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB 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 2.60 2.84 3.23 3.54 3.65

MEX:RTX vs BA, GE, LMT: Cyclically Adjusted PB Ratio Comparison

For the Aerospace & Defense subindustry, RTX's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


RTX Cyclically Adjusted PB Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, RTX's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where RTX's Cyclically Adjusted PB Ratio falls into.


MEX:RTX
67GF Score
RTX Corp MEX:RTX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RTX Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

RTX's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3453.00/940.63
=3.67

* 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.

RTX's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, RTX's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=887.519/330.2130*330.2130
=887.519

Current CPI (Mar. 2026) = 330.2130.

RTX Quarterly Data

Book Value per Share CPI Adj_Book
201606 642.799 241.018 880.684
201609 685.379 241.428 937.427
201612 703.098 241.432 961.646
201703 648.464 243.801 878.303
201706 643.634 244.955 867.655
201709 679.064 246.819 908.503
201712 727.698 246.524 974.734
201803 693.361 249.554 917.464
201806 770.269 251.989 1,009.381
201809 749.756 252.439 980.749
201812 876.266 251.233 1,151.737
201903 893.942 254.202 1,161.247
201906 907.292 256.143 1,169.658
201909 925.458 256.759 1,190.214
201912 911.486 256.974 1,171.265
202003 1,066.902 258.115 1,364.915
202006 1,015.736 257.797 1,301.059
202009 994.630 260.280 1,261.871
202012 944.734 260.474 1,197.676
202103 967.483 264.877 1,206.128
202106 938.813 271.696 1,141.011
202109 979.594 274.310 1,179.230
202112 1,003.775 278.802 1,188.871
202203 970.129 287.504 1,114.243
202206 959.782 296.311 1,069.594
202209 960.376 296.808 1,068.464
202212 965.758 296.797 1,074.491
202303 898.017 301.836 982.444
202306 853.711 305.109 923.953
202309 843.094 307.789 904.518
202312 764.956 306.746 823.477
202403 755.036 312.332 798.262
202406 812.344 314.175 853.813
202409 904.086 315.301 946.844
202412 941.802 315.605 985.394
202503 942.028 319.799 972.704
202506 877.749 322.561 898.572
202509 882.669 324.800 897.379
202512 875.209 324.054 891.843
202603 887.519 330.213 887.519

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

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.

What does a Cyclically Adjusted PB Ratio of 3.67 mean?
RTX (MEX:RTX) has a Cyclically Adjusted PB Ratio of 3.67 as of Jul. 15, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on RTX and its competitors. This is 56% above median its historical median of 2.35. Over the past decade, RTX's Cyclically Adjusted PB Ratio has ranged from 1.38 to 4.04. According to the industry distribution chart, RTX ranks #105 out of 214 companies in the Aerospace & Defense industry, placing it in the top 49.1%.
Is RTX's Cyclically Adjusted PB Ratio too high?
RTX's current Cyclically Adjusted PB Ratio of 3.67 is 56% above median its 10-year median of 2.35. Over the past 10 years, this metric has ranged from a low of 1.38 to a high of 4.04. The Aerospace & Defense industry median Cyclically Adjusted PB Ratio is 3.76. RTX's value of 3.67 is 2.4% below this industry median. Based on the distribution chart, RTX ranks #105 out of 214 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, RTX has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does RTX's Cyclically Adjusted PB Ratio compare to BA and GE?
According to the Aerospace & Defense industry distribution chart, RTX ranks #105 out of 214 companies for Cyclically Adjusted PB Ratio. This puts RTX in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.76. RTX's value of 3.67 is 2.4% below this benchmark. Historically, RTX's own Cyclically Adjusted PB Ratio has ranged from 1.38 to 4.04 over the past decade. While the company's 10-year median is 2.35 vs. the industry median of 3.76, RTX has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Aerospace & Defense company?
The median Cyclically Adjusted PB Ratio among Aerospace & Defense companies is 3.76, based on 214 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. RTX's current Cyclically Adjusted PB Ratio of 3.67 is 2.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on RTX and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PB Ratio is 3.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RTX's current Cyclically Adjusted PB Ratio is 3.67, which is 56% above median its own 10-year median of 2.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RTX stock overvalued right now?
Based on GuruFocus' analysis, RTX (MEX:RTX) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN2,580.60, compared to a current price of MXN3,453.00 — trading 33.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.67, which is 56% above median its 10-year median of 2.35 and 2.4% below the Aerospace & Defense industry median of 3.76. RTX's overall GF Score™ is 67/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For RTX (MEX:RTX), the current Cyclically Adjusted PB Ratio is 3.67 as of Jul. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is RTX (MEX:RTX) Overvalued in 2026?

Based on GuruFocus' analysis, RTX stock appears to be overvalued. The current stock price of MXN3,453.00 is trading 33.8% above its estimated GF Value™ of MXN2,580.60. GuruFocus considers RTX to be Significantly Overvalued.

Key valuation signals for MEX:RTX:

  • Cyclically Adjusted PB Ratio: 3.67 (56% above median its 10-year median of 2.35)
  • GF Value™: MXN2,580.60 vs. price of MXN3,453.00 (33.8% above fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 2.4% below the Aerospace & Defense median (#105 of 214)

No single metric tells the full story. See the MEX:RTX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RTX Business Description

Address 1000 Wilson Boulevard, Arlington, VA, USA, 22209
RTX is an aerospace and defense manufacturer formed from the merger of United Technologies and Raytheon, with roughly equal exposure across three segments, mostly as a supplier to commercial aerospace and to the defense market: Collins Aerospace, a diversified aerospace supplier; Pratt & Whitney, a commercial and military aircraft engine manufacturer; and Raytheon, a defense prime contractor providing a mix of missiles, missile defense systems, sensors, hardware, and communications technology to the military.
67GF Score

Get the complete analysis for MEX:RTX

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN3,453.00
Price
MXN2,580.60
GF Value