RTX (RTX) Cyclically Adjusted PS Ratio: 3.26 (As of Jul. 28, 2026) — 157% Above Median

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RTX RTX Corp RTX
83 GF Score
Price $217.24
GF Value $152.42
Valuation Significantly Overvalued
! 6 Warning Signs
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What is RTX Cyclically Adjusted PS Ratio?

RTX RTX -0.54% 83 Cyclically Adjusted PS Ratio is 3.26 as of Jul. 28, 2026, which is 157% above its 10-year median of 1.27. GuruFocus rates RTX with a GF Score™ of 83/100 and a GF Value™ of $152.42 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 224 Aerospace & Defense companies, RTX ranks worse than 53.13% on this metric.

As of today (2026-07-28), RTX's current share price is $217.24. RTX's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $66.70. RTX's Cyclically Adjusted PS Ratio for today is 3.26.

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

RTX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1.27   Max: 3.27
Current: 3.27

During the past years, RTX's highest Cyclically Adjusted PS Ratio was 3.27. The lowest was 0.74. And the median was 1.27.

RTX's Cyclically Adjusted PS Ratio is ranked worse than
53.13% of 224 companies
in the Aerospace & Defense industry
Industry Median: 3.08 vs RTX: 3.27

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

RTX's adjusted revenue per share data for the three months ended in Jun. 2026 was $18.101. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $66.70 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


RTX  (NYSE:RTX) 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 1.27 1.48 1.25 1.74 2.78

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 2.19 2.51 2.78 2.90 2.84

RTX 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.


RTX
83GF Score
RTX Corp RTX
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 PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=217.24/66.70
=3.26

* 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 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)
=18.101/333.9520*333.9520
=18.101

Current CPI (Jun. 2026) = 333.9520.

RTX Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 17.269 241.428 23.887
201612 18.120 241.432 25.064
201703 17.219 243.801 23.586
201706 19.143 244.955 26.098
201709 18.896 246.819 25.567
201712 19.644 246.524 26.611
201803 19.043 249.554 25.483
201806 20.892 251.989 27.687
201809 20.591 252.439 27.240
201812 -16.409 251.233 -21.812
201903 21.337 254.202 28.031
201906 13.117 256.143 17.102
201909 13.162 256.759 17.119
201912 13.489 256.974 17.530
202003 13.121 258.115 16.976
202006 9.366 257.797 12.133
202009 9.739 260.280 12.496
202012 10.966 260.474 14.059
202103 10.073 264.877 12.700
202106 10.492 271.696 12.896
202109 10.766 274.310 13.107
202112 11.355 278.802 13.601
202203 10.492 287.504 12.187
202206 10.952 296.311 12.343
202209 11.459 296.808 12.893
202212 12.251 296.797 13.785
202303 11.677 301.836 12.919
202306 12.470 305.109 13.649
202309 9.298 307.789 10.088
202312 14.828 306.746 16.143
202403 14.436 312.332 15.435
202406 14.694 314.175 15.619
202409 14.923 315.301 15.806
202412 16.029 315.605 16.961
202503 15.021 319.799 15.686
202506 15.939 322.561 16.502
202509 16.547 324.800 17.013
202512 17.802 324.054 18.346
202603 16.178 330.213 16.361
202606 18.101 333.952 18.101

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.

What does a Cyclically Adjusted PS Ratio of 3.26 mean?
RTX (RTX) has a Cyclically Adjusted PS Ratio of 3.26 as of Jul. 28, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on RTX and its competitors. This is 157% above median its historical median of 1.27. Over the past decade, RTX's Cyclically Adjusted PS Ratio has ranged from 0.74 to 3.27. According to the industry distribution chart, RTX ranks #119 out of 224 companies in the Aerospace & Defense industry, placing it in the top 53.1%.
Is RTX's Cyclically Adjusted PS Ratio too high?
RTX's current Cyclically Adjusted PS Ratio of 3.26 is 157% above median its 10-year median of 1.27. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 3.27. The Aerospace & Defense industry median Cyclically Adjusted PS Ratio is 3.08. RTX's value of 3.26 is 5.8% above this industry median. Based on the distribution chart, RTX ranks #119 out of 224 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, RTX has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does RTX's Cyclically Adjusted PS Ratio compare to GE and BA?
According to the Aerospace & Defense industry distribution chart, RTX ranks #119 out of 224 companies for Cyclically Adjusted PS Ratio. This places RTX in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.08. RTX's value of 3.26 is 5.8% above this benchmark. Historically, RTX's own Cyclically Adjusted PS Ratio has ranged from 0.74 to 3.27 over the past decade. While the company's 10-year median is 1.27 vs. the industry median of 3.08, RTX has consistently been above 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 PS Ratio for an Aerospace & Defense company?
The median Cyclically Adjusted PS Ratio among Aerospace & Defense companies is 3.08, based on 224 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. RTX's current Cyclically Adjusted PS Ratio of 3.26 is 5.8% above 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on RTX and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PS Ratio is 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RTX's current Cyclically Adjusted PS Ratio is 3.26, which is 157% above median its own 10-year median of 1.27. 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 (RTX) is currently considered Significantly Overvalued. The stock's GF Value™ is $152.42, compared to a current price of $217.24 — trading 42.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.26, which is 157% above median its 10-year median of 1.27 and 5.8% above the Aerospace & Defense industry median of 3.08. RTX's overall GF Score™ is 83/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For RTX (RTX), the current Cyclically Adjusted PS Ratio is 3.26 as of Jul. 28, 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 (RTX) Overvalued in 2026?

Based on GuruFocus' analysis, RTX stock appears to be overvalued. The current stock price of $217.24 is trading 42.5% above its estimated GF Value™ of $152.42. GuruFocus considers RTX to be Significantly Overvalued.

Key valuation signals for RTX:

  • Cyclically Adjusted PS Ratio: 3.26 (157% above median its 10-year median of 1.27)
  • GF Value™: $152.42 vs. price of $217.24 (42.5% above fair value)
  • GF Score™: 83/100 with 6 warning signs
  • Industry Position: 5.8% above the Aerospace & Defense median (#119 of 224)

No single metric tells the full story. See the 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.
83GF Score

Get the complete analysis for RTX

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

$217.24
Price
$152.42
GF Value