RTX (TSX:RTX) E10: C$1.11 (As of Mar. 2026)


TSX:RTX RTX Corp TSX:RTX
65 GF Score
Price C$43.20
GF Value C$33.13
Valuation Modestly Overvalued
! 1 Warning Sign
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What is RTX E10?

RTX TSX:RTX +0.68% 65 E10 is C$1.11 as of Mar. 2026. GuruFocus rates TSX:RTX with a GF Score™ of 65/100 and a GF Value™ of C$33.13 (Modestly Overvalued). The stock has 1 warning sign investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

RTX's adjusted earnings per share data for the three months ended in Mar. 2026 was C$0.363. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$1.11 for the trailing ten years ended in Mar. 2026.

During the past 12 months, RTX's average E10 Growth Rate was -9.00% per year. During the past 3 years, the average E10 Growth Rate was -8.00% per year. During the past 5 years, the average E10 Growth Rate was -4.80% per year. During the past 10 years, the average E10 Growth Rate was -1.90% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of RTX was 207.20% per year. The lowest was -8.00% per year. And the median was 8.40% per year.

As of today (2026-06-27), RTX's current stock price is C$43.20. RTX's E10 for the quarter that ended in Mar. 2026 was C$1.11. RTX's Shiller PE Ratio of today is 38.92.

During the past 13 years, the highest Shiller PE Ratio of RTX was 44.44. The lowest was 7.50. And the median was 13.82.


RTX  (TSX:RTX) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

RTX's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=43.20/1.11
=38.92

* 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 Shiller P/E Ratio of RTX was 44.44. The lowest was 7.50. And the median was 13.82.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


RTX E10 Related Terms


RTX E10 Historical Data

* Premium members only.

The historical data trend for RTX's E10 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 E10 Chart

RTX Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 1.38 1.26 1.10

RTX Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 1.25 1.23 1.21 1.10 1.11

TSX:RTX vs BA, GE, LMT: E10 Comparison

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

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

* The bar in red indicates where RTX's Shiller PE Ratio falls into.


TSX:RTX
65GF Score
RTX Corp TSX:RTX
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RTX E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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, RTX's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.363/330.2130*330.2130
=0.363

Current CPI (Mar. 2026) = 330.2130.

RTX Quarterly Data

per share eps CPI Adj_EPS
201606 0.373 241.018 0.511
201609 0.409 241.428 0.559
201612 0.292 241.432 0.399
201703 0.406 243.801 0.550
201706 0.419 244.955 0.565
201709 0.359 246.819 0.480
201712 0.112 246.524 0.150
201803 0.367 249.554 0.486
201806 0.589 251.989 0.772
201809 0.352 252.439 0.460
201812 0.195 251.233 0.256
201903 0.366 254.202 0.475
201906 0.512 256.143 0.660
201909 0.309 256.759 0.397
201912 0.305 256.974 0.392
202003 -0.024 258.115 -0.031
202006 -0.606 257.797 -0.776
202009 0.039 260.280 0.049
202012 0.020 260.474 0.025
202103 0.110 264.877 0.137
202106 0.146 271.696 0.177
202109 0.207 274.310 0.249
202112 0.103 278.802 0.122
202203 0.160 287.504 0.184
202206 0.197 296.311 0.220
202209 0.220 296.808 0.245
202212 0.229 296.797 0.255
202303 0.233 301.836 0.255
202306 0.210 305.109 0.227
202309 -0.161 307.789 -0.173
202312 0.247 306.746 0.266
202403 0.304 312.332 0.321
202406 0.019 314.175 0.020
202409 0.259 315.301 0.271
202412 0.275 315.605 0.288
202503 0.287 319.799 0.296
202506 0.292 322.561 0.299
202509 0.342 324.800 0.348
202512 0.288 324.054 0.293
202603 0.363 330.213 0.363

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of C$1.11 mean?
RTX (TSX:RTX) has a E10 of C$1.11 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on RTX and its competitors.
Is RTX's E10 too high?
RTX's current E10 is C$1.11. Overall, RTX has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does RTX's E10 compare to BA and GE?
RTX's E10 of C$1.11 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 E10 for an Aerospace & Defense company?
A good E10 depends on the Aerospace & Defense industry context. However, E10 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 E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on RTX and its competitors. RTX's current E10 is C$1.11. 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 (TSX:RTX) is currently considered Modestly Overvalued. The stock's GF Value™ is C$33.13, compared to a current price of C$43.20 — trading 30.4% above its estimated fair value. The current E10 is C$1.11. RTX's overall GF Score™ is 65/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For RTX (TSX:RTX), the current E10 is C$1.11 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 RTX (TSX:RTX) Overvalued in 2026?

Based on GuruFocus' analysis, RTX stock appears to be overvalued. The current stock price of C$43.20 is trading 30.4% above its estimated GF Value™ of C$33.13. GuruFocus considers RTX to be Modestly Overvalued.

Key valuation signals for TSX:RTX:

  • E10: C$1.11
  • GF Value™: C$33.13 vs. price of C$43.20 (30.4% above fair value)
  • GF Score™: 65/100 with 1 warning sign

No single metric tells the full story. See the TSX: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.
65GF Score

Get the complete analysis for TSX:RTX

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$43.20
Price
C$33.13
GF Value