RTX (XSWX:UTX) Cyclically Adjusted PS Ratio: 2.90 (As of Jul. 18, 2026) — 130% Above Median

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XSWX:UTX RTX Corp XSWX:UTX
84 GF Score
Price CHF125.59
GF Value CHF93.85
! 5 Warning Signs
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What is RTX Cyclically Adjusted PS Ratio?

RTX XSWX:UTX 84 Cyclically Adjusted PS Ratio is 2.90 as of Jul. 18, 2026, which is 130% above its 10-year median of 1.26. GuruFocus rates XSWX:UTX with a GF Score™ of 84/100 and a GF Value™ of CHF93.85. The stock has 5 warning signs investors should review. Among 224 Aerospace & Defense companies, RTX ranks better than 51.34% on this metric.

As of today (2026-07-18), RTX's current share price is CHF125.59. RTX's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was CHF43.37. RTX's Cyclically Adjusted PS Ratio for today is 2.90.

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

XSWX:UTX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1.26   Max: 3.18
Current: 2.91

During the past years, RTX's highest Cyclically Adjusted PS Ratio was 3.18. The lowest was 0.74. And the median was 1.26.

XSWX:UTX's Cyclically Adjusted PS Ratio is ranked better than
51.34% of 224 companies
in the Aerospace & Defense industry
Industry Median: 3.005 vs XSWX:UTX: 2.91

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 Mar. 2026 was CHF12.737. 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 CHF43.37 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


RTX  (XSWX:UTX) 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
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.99 2.19 2.51 2.78 2.90

XSWX:UTX vs BA, GE, 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.


XSWX:UTX
84GF Score
RTX Corp XSWX:UTX
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
=125.59/43.37
=2.90

* 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 Mar. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=12.737/330.2130*330.2130
=12.737

Current CPI (Mar. 2026) = 330.2130.

RTX Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 17.299 241.018 23.701
201609 16.806 241.428 22.986
201612 18.471 241.432 25.263
201703 17.245 243.801 23.357
201706 18.532 244.955 24.982
201709 18.187 246.819 24.332
201712 19.389 246.524 25.971
201803 18.053 249.554 23.888
201806 20.683 251.989 27.104
201809 19.938 252.439 26.081
201812 -16.276 251.233 -21.393
201903 21.348 254.202 27.731
201906 12.959 256.143 16.706
201909 13.038 256.759 16.768
201912 13.255 256.974 17.033
202003 12.587 258.115 16.103
202006 8.910 257.797 11.413
202009 8.910 260.280 11.304
202012 9.742 260.474 12.350
202103 9.366 264.877 11.676
202106 9.525 271.696 11.576
202109 9.935 274.310 11.960
202112 10.458 278.802 12.386
202203 9.751 287.504 11.200
202206 10.626 296.311 11.842
202209 11.153 296.808 12.408
202212 11.413 296.797 12.698
202303 10.807 301.836 11.823
202306 11.228 305.109 12.152
202309 8.364 307.789 8.973
202312 12.823 306.746 13.804
202403 12.828 312.332 13.562
202406 13.134 314.175 13.804
202409 12.643 315.301 13.241
202412 14.291 315.605 14.952
202503 13.273 319.799 13.705
202506 12.961 322.561 13.268
202509 13.173 324.800 13.393
202512 14.187 324.054 14.457
202603 12.737 330.213 12.737

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 2.90 mean?
RTX (XSWX:UTX) has a Cyclically Adjusted PS Ratio of 2.90 as of Jul. 18, 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 130% above median its historical median of 1.26. Over the past decade, RTX's Cyclically Adjusted PS Ratio has ranged from 0.74 to 3.18. According to the industry distribution chart, RTX ranks #109 out of 224 companies in the Aerospace & Defense industry, placing it in the top 48.7%.
Is RTX's Cyclically Adjusted PS Ratio too high?
RTX's current Cyclically Adjusted PS Ratio of 2.90 is 130% above median its 10-year median of 1.26. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 3.18. The Aerospace & Defense industry median Cyclically Adjusted PS Ratio is 3.01. RTX's value of 2.90 is 3.5% below this industry median. Based on the distribution chart, RTX ranks #109 out of 224 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, RTX has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does RTX's Cyclically Adjusted PS Ratio compare to BA and GE?
According to the Aerospace & Defense industry distribution chart, RTX ranks #109 out of 224 companies for Cyclically Adjusted PS Ratio. This puts RTX in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.01. RTX's value of 2.90 is 3.5% below this benchmark. Historically, RTX's own Cyclically Adjusted PS Ratio has ranged from 0.74 to 3.18 over the past decade. While the company's 10-year median is 1.26 vs. the industry median of 3.01, 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 PS Ratio for an Aerospace & Defense company?
The median Cyclically Adjusted PS Ratio among Aerospace & Defense companies is 3.01, 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 2.90 is 3.5% 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 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 3.01 — 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 2.90, which is 130% above median its own 10-year median of 1.26. 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?
RTX (XSWX:UTX) has a current Cyclically Adjusted PS Ratio of 2.90. The stock's GF Value™ is CHF93.85, compared to a current price of CHF125.59 — trading 33.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.90, which is 130% above median its 10-year median of 1.26 and 3.5% below the Aerospace & Defense industry median of 3.01. RTX's overall GF Score™ is 84/100 with 5 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 (XSWX:UTX), the current Cyclically Adjusted PS Ratio is 2.90 as of Jul. 18, 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 (XSWX:UTX) Overvalued in 2026?

Based on GuruFocus' analysis, RTX stock appears to be overvalued. The current stock price of CHF125.59 is trading 33.8% above its estimated GF Value™ of CHF93.85.

Key valuation signals for XSWX:UTX:

  • Cyclically Adjusted PS Ratio: 2.90 (130% above median its 10-year median of 1.26)
  • GF Value™: CHF93.85 vs. price of CHF125.59 (33.8% above fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 3.5% below the Aerospace & Defense median (#109 of 224)

No single metric tells the full story. See the XSWX:UTX 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.
84GF Score

Get the complete analysis for XSWX:UTX

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

CHF125.59
Price
CHF93.85
GF Value