RTX (HAM:5UR) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

HAM:5UR RTX Corp HAM:5UR
80 GF Score
Price €167.55
GF Value €132.48
Valuation Modestly Overvalued
! 2 Warning Signs
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What is RTX Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


RTX  (HAM:5UR) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


RTX Cyclically Adjusted PS Ratio Related Terms


RTX Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for RTX's Cyclically Adjusted PS 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 PS Ratio Chart

RTX Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.80 0.81 0.80 2.54

RTX Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS 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 0.77 2.20 2.48 2.57 2.58

HAM:5UR vs GE, BA, LMT: Cyclically Adjusted PS Ratio Comparison

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

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

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


HAM:5UR
80GF Score
RTX Corp HAM:5UR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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RTX Cyclically Adjusted PS Ratio Calculation

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

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=15.568/333.9520*333.9520
=15.568

Current CPI (Jun. 2026) = 333.9520.

RTX Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 15.508 241.428 21.451
201612 16.820 241.432 23.266
201703 16.162 243.801 22.138
201706 17.401 244.955 23.723
201709 16.074 246.819 21.749
201712 16.662 246.524 22.571
201803 15.467 249.554 20.698
201806 17.534 251.989 23.237
201809 17.706 252.439 23.423
201812 19.040 251.233 25.309
201903 18.796 254.202 24.693
201906 11.690 256.143 15.241
201909 11.859 256.759 15.424
201912 12.194 256.974 15.847
202003 12.043 258.115 15.581
202006 8.521 257.797 11.038
202009 8.359 260.280 10.725
202012 9.082 260.474 11.644
202103 8.355 264.877 10.534
202106 8.699 271.696 10.692
202109 9.138 274.310 11.125
202112 9.938 278.802 11.904
202203 9.353 287.504 10.864
202206 10.277 296.311 11.583
202209 11.376 296.808 12.800
202212 12.022 296.797 13.527
202303 10.883 301.836 12.041
202306 11.458 305.109 12.541
202309 8.546 307.789 9.272
202312 13.611 306.746 14.818
202403 13.301 312.332 14.222
202406 13.649 314.175 14.508
202409 13.584 315.301 14.388
202412 15.028 315.605 15.902
202503 14.273 319.799 14.905
202506 14.062 322.561 14.559
202509 14.160 324.800 14.559
202512 15.293 324.054 15.760
202603 13.828 330.213 13.985
202606 15.568 333.952 15.568

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.

Is RTX (HAM:5UR) Overvalued in 2026?

Based on GuruFocus' analysis, RTX stock appears to be overvalued. The current stock price of €167.55 is trading 26.5% above its estimated GF Value™ of €132.48. GuruFocus considers RTX to be Modestly Overvalued.

Key valuation signals for HAM:5UR:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €132.48 vs. price of €167.55 (26.5% above fair value)
  • GF Score™: 80/100 with 2 warning signs

No single metric tells the full story. See the HAM:5UR 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.
80GF Score

Get the complete analysis for HAM:5UR

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

€167.55
Price
€132.48
GF Value