Northrop Grumman (MEX:NOC) Cyclically Adjusted Revenue per Share: MXN4,786.71 (As of Mar. 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.
Reviewed by: Charlie Tian Charlie Tian
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.

MEX:NOC Northrop Grumman Corp MEX:NOC
87 GF Score
Price MXN9,415.00
GF Value MXN9,720.83
! 2 Warning Signs
View Full Analysis

What is Northrop Grumman Cyclically Adjusted Revenue per Share?

Northrop Grumman MEX:NOC 87 Cyclically Adjusted Revenue per Share is MXN4,786.71 as of Mar. 2026. GuruFocus rates MEX:NOC with a GF Score™ of 87/100 and a GF Value™ of MXN9,720.83. The stock has 2 warning signs investors should review.

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Northrop Grumman's adjusted revenue per share for the three months ended in Mar. 2026 was MXN1,250.394. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is MXN4,786.71 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Northrop Grumman's average Cyclically Adjusted Revenue Growth Rate was 8.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 9.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Northrop Grumman was 12.20% per year. The lowest was -1.40% per year. And the median was 3.40% per year.

As of today (2026-07-15), Northrop Grumman's current stock price is MXN9415.00. Northrop Grumman's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN4,786.71. Northrop Grumman's Cyclically Adjusted PS Ratio of today is 1.97.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Northrop Grumman was 3.02. The lowest was 1.87. And the median was 2.27.


Northrop Grumman  (MEX:NOC) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Northrop Grumman's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=9415.00/4786.71
=1.97

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Northrop Grumman was 3.02. The lowest was 1.87. And the median was 2.27.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Northrop Grumman Cyclically Adjusted Revenue per Share Related Terms


Northrop Grumman Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Northrop Grumman's Cyclically Adjusted Revenue per Share 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.

Northrop Grumman Cyclically Adjusted Revenue per Share Chart

Northrop Grumman Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,430.18 3,779.19 3,663.76 4,749.45 4,616.52

Northrop Grumman Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 4,839.01 4,473.35 4,382.00 4,616.52 4,786.71

MEX:NOC vs HONAV, TDG, LHX: Cyclically Adjusted Revenue per Share Comparison

For the Aerospace & Defense subindustry, Northrop Grumman'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.


Northrop Grumman Cyclically Adjusted PS Ratio vs Aerospace & Defense Industry

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

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


MEX:NOC
87GF Score
Northrop Grumman Corp MEX:NOC
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Northrop Grumman Cyclically Adjusted Revenue per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Northrop Grumman'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)
=1250.394/330.2130*330.2130
=1,250.394

Current CPI (Mar. 2026) = 330.2130.

Northrop Grumman Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 611.355 241.018 837.603
201609 662.639 241.428 906.324
201612 766.023 241.432 1,047.710
201703 685.371 243.801 928.292
201706 666.701 244.955 898.750
201709 680.058 246.819 909.833
201712 732.790 246.524 981.555
201803 697.599 249.554 923.072
201806 797.519 251.989 1,045.090
201809 864.665 252.439 1,131.060
201812 926.754 251.233 1,218.097
201903 930.581 254.202 1,208.842
201906 953.790 256.143 1,229.602
201909 984.776 256.759 1,266.502
201912 972.667 256.974 1,249.882
202003 1,200.248 258.115 1,535.507
202006 1,225.711 257.797 1,570.017
202009 1,199.358 260.280 1,521.606
202012 1,214.209 260.474 1,539.300
202103 1,144.821 264.877 1,427.209
202106 1,127.924 271.696 1,370.853
202109 1,117.834 274.310 1,345.643
202112 1,120.230 278.802 1,326.800
202203 1,118.500 287.504 1,284.654
202206 1,134.991 296.311 1,264.849
202209 1,161.955 296.808 1,292.730
202212 1,264.404 296.797 1,406.762
202303 1,094.325 301.836 1,197.208
202306 1,078.646 305.109 1,167.396
202309 1,122.411 307.789 1,204.184
202312 1,197.427 306.746 1,289.034
202403 1,126.389 312.332 1,190.875
202406 1,267.399 314.175 1,332.097
202409 1,343.510 315.301 1,407.051
202412 1,528.560 315.605 1,599.310
202503 1,336.772 319.799 1,380.303
202506 1,353.480 322.561 1,385.588
202509 1,332.415 324.800 1,354.621
202512 1,475.737 324.054 1,503.785
202603 1,250.394 330.213 1,250.394

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

What does a Cyclically Adjusted Revenue per Share of MXN4,786.71 mean?
Northrop Grumman (MEX:NOC) has a Cyclically Adjusted Revenue per Share of MXN4,786.71 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Northrop Grumman and its competitors.
Is Northrop Grumman's Cyclically Adjusted Revenue per Share too high?
Northrop Grumman's current Cyclically Adjusted Revenue per Share is MXN4,786.71. Overall, Northrop Grumman has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Northrop Grumman's Cyclically Adjusted Revenue per Share compare to HONAV and TDG?
Northrop Grumman's Cyclically Adjusted Revenue per Share of MXN4,786.71 can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for an Aerospace & Defense company?
A good Cyclically Adjusted Revenue per Share depends on the Aerospace & Defense industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Northrop Grumman and its competitors. Northrop Grumman's current Cyclically Adjusted Revenue per Share is MXN4,786.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northrop Grumman stock overvalued right now?
Northrop Grumman (MEX:NOC) has a current Cyclically Adjusted Revenue per Share of MXN4,786.71. The stock's GF Value™ is MXN9,720.83, compared to a current price of MXN9,415.00 — trading 3.1% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is MXN4,786.71. Northrop Grumman's overall GF Score™ is 87/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Northrop Grumman (MEX:NOC), the current Cyclically Adjusted Revenue per Share is MXN4,786.71 as of Mar. 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 Northrop Grumman (MEX:NOC) Overvalued in 2026?

Based on GuruFocus' analysis, Northrop Grumman stock appears to be undervalued. The current stock price of MXN9,415.00 is trading 3.1% below its estimated GF Value™ of MXN9,720.83.

Key valuation signals for MEX:NOC:

  • Cyclically Adjusted Revenue per Share: MXN4,786.71
  • GF Value™: MXN9,720.83 vs. price of MXN9,415.00 (3.1% below fair value)
  • GF Score™: 87/100 with 2 warning signs

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


Northrop Grumman Business Description

Address 2980 Fairview Park Drive, Falls Church, VA, USA, 22042
Northrop Grumman is a diversified defense contractor providing aeronautics, defense, and space systems. The company's aerospace segment produces autonomous and piloted aircraft such as Global Hawk drones and the new B-21 bomber, creates the fuselage for the massive F-35 program, and maintains and upgrades numerous other military aircraft. Defense systems makes artillery and missile ammunition and guidance systems, long-range missiles, and missile defense systems. Mission systems creates and integrates a variety of radar, navigation, and communication systems for avionics, weapons control, and countermeasures on a range of platforms from helicopters to destroyers. Space systems produces satellites, sensors, space structures, and rocket motors.
87GF Score

Get the complete analysis for MEX:NOC

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

MXN9,415.00
Price
MXN9,720.83
GF Value