Elbit Systems (FRA:EB2) PE Ratio (TTM): 58.94 (As of Jun. 29, 2026) — 75% Above Median


FRA:EB2 Elbit Systems Ltd FRA:EB2
81 GF Score
Price €625.50
GF Value €315.73
Valuation Significantly Overvalued
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What is Elbit Systems PE Ratio (TTM)?

Elbit Systems FRA:EB2 -2.95% 81 PE Ratio (TTM) is 58.94 as of Jun. 29, 2026, which is 75% above its 10-year median of 33.72. GuruFocus rates FRA:EB2 with a GF Score™ of 81/100 and a GF Value™ of €315.73 (Significantly Overvalued). Among 229 Aerospace & Defense companies, Elbit Systems ranks worse than 68.12% on this metric.

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-06-29), Elbit Systems's share price is €625.50. Elbit Systems's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €10.61. Therefore, Elbit Systems's PE Ratio (TTM) for today is 58.94.


The historical rank and industry rank for Elbit Systems's PE Ratio (TTM) or its related term are showing as below:

FRA:EB2' s PE Ratio (TTM) Range Over the Past 10 Years
Min: 20.81   Med: 33.72   Max: 85.75
Current: 60.27


During the past 13 years, the highest PE Ratio (TTM) of Elbit Systems was 85.75. The lowest was 20.81. And the median was 33.72.


FRA:EB2's PE Ratio (TTM) is ranked worse than
68.12% of 229 companies
in the Aerospace & Defense industry
Industry Median: 38.77 vs FRA:EB2: 60.27

Elbit Systems's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was €2.89. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €10.61.

As of today (2026-06-29), Elbit Systems's share price is €625.50. Elbit Systems's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was €11.57. Therefore, Elbit Systems's PE Ratio without NRI for today is 54.04.

During the past 13 years, Elbit Systems's highest PE Ratio without NRI was 80.11. The lowest was 11.89. And the median was 22.84.

Elbit Systems's EPS without NRI for the three months ended in Mar. 2026 was €3.35. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was €11.57.

During the past 12 months, Elbit Systems's average EPS without NRI Growth Rate was -9.40% per year. During the past 3 years, the average EPS without NRI Growth Rate was 26.70% per year. During the past 5 years, the average EPS without NRI Growth Rate was 9.10% per year. During the past 10 years, the average EPS without NRI Growth Rate was 5.60% per year.

During the past 13 years, Elbit Systems's highest 3-Year average EPS without NRI Growth Rate was 41.90% per year. The lowest was -16.70% per year. And the median was 5.00% per year.

Elbit Systems's EPS (Basic) for the three months ended in Mar. 2026 was €2.99. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was €10.94.


Elbit Systems  (FRA:EB2) PE Ratio (TTM) Explanation

The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.

If a company loses money, the PE Ratio (TTM) becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.

Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio (TTM) measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio (TTM) can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio (TTM).


Elbit Systems PE Ratio (TTM) Related Terms


Elbit Systems PE Ratio (TTM) Historical Data

* Premium members only.

The historical data trend for Elbit Systems's PE Ratio (TTM) 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.

Elbit Systems PE Ratio (TTM) Chart

Elbit Systems Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PE Ratio (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.33 31.25 54.25 44.79 54.39

Elbit Systems Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PE Ratio (TTM) 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 61.02 57.37 57.51 54.39 72.05

FRA:EB2 vs SPCX, GE, RTX: PE Ratio (TTM) Comparison

For the Aerospace & Defense subindustry, Elbit Systems's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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.


Elbit Systems PE Ratio (TTM) vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Elbit Systems's PE Ratio (TTM) distribution charts can be found below:

* The bar in red indicates where Elbit Systems's PE Ratio (TTM) falls into.


FRA:EB2
81GF Score
Elbit Systems Ltd FRA:EB2
PE Ratio (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elbit Systems PE Ratio (TTM) Calculation

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Elbit Systems's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=625.50/10.613
=58.94

Elbit Systems's Share Price of today is €625.50.
Elbit Systems's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €10.61.

* 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.

It can also be calculated from the numbers for the whole company:

PE Ratio (TTM)=Market Cap /Net Income

There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.

Frequently Asked Questions Learn more about PE Ratio (TTM) →
What does a PE Ratio (TTM) of 58.94 mean?
Elbit Systems (FRA:EB2) has a PE Ratio (TTM) of 58.94 as of Jun. 29, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Elbit Systems and its competitors. This is 75% above median its historical median of 33.72. Over the past decade, Elbit Systems' PE Ratio (TTM) has ranged from 20.81 to 85.75. According to the industry distribution chart, Elbit Systems ranks #156 out of 229 companies in the Aerospace & Defense industry, placing it in the top 68.1%.
Is Elbit Systems' PE Ratio (TTM) too high?
Elbit Systems' current PE Ratio (TTM) of 58.94 is 75% above median its 10-year median of 33.72. Over the past 10 years, this metric has ranged from a low of 20.81 to a high of 85.75. The Aerospace & Defense industry median PE Ratio (TTM) is 38.77. Elbit Systems' value of 58.94 is 52% above this industry median. Based on the distribution chart, Elbit Systems ranks #156 out of 229 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Elbit Systems has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elbit Systems' PE Ratio (TTM) compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Elbit Systems ranks #156 out of 229 companies for PE Ratio (TTM). This places Elbit Systems in the lower half of its industry. The industry median PE Ratio (TTM) is 38.77. Elbit Systems' value of 58.94 is 52% above this benchmark. Historically, Elbit Systems' own PE Ratio (TTM) has ranged from 20.81 to 85.75 over the past decade. While the company's 10-year median is 33.72 vs. the industry median of 38.77, Elbit Systems 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 PE Ratio (TTM) for an Aerospace & Defense company?
The median PE Ratio (TTM) among Aerospace & Defense companies is 38.77, based on 229 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Elbit Systems's current PE Ratio (TTM) of 58.94 is 52% 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 PE Ratio (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Elbit Systems and its competitors. For the Aerospace & Defense industry, the median PE Ratio (TTM) is 38.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elbit Systems's current PE Ratio (TTM) is 58.94, which is 75% above median its own 10-year median of 33.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elbit Systems stock overvalued right now?
Based on GuruFocus' analysis, Elbit Systems (FRA:EB2) is currently considered Significantly Overvalued. The stock's GF Value™ is €315.73, compared to a current price of €625.50 — trading 98.1% above its estimated fair value. The current PE Ratio (TTM) is 58.94, which is 75% above median its 10-year median of 33.72 and 52% above the Aerospace & Defense industry median of 38.77. Elbit Systems' overall GF Score™ is 81/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For Elbit Systems (FRA:EB2), the current PE Ratio (TTM) is 58.94 as of Jun. 29, 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 Elbit Systems (FRA:EB2) Overvalued in 2026?

Based on GuruFocus' analysis, Elbit Systems stock appears to be overvalued. The current stock price of €625.50 is trading 98.1% above its estimated GF Value™ of €315.73. GuruFocus considers Elbit Systems to be Significantly Overvalued.

Key valuation signals for FRA:EB2:

  • PE Ratio (TTM): 58.94 (75% above median its 10-year median of 33.72)
  • GF Value™: €315.73 vs. price of €625.50 (98.1% above fair value)
  • GF Score™: 81/100
  • Industry Position: 52% above the Aerospace & Defense median (#156 of 229)

No single metric tells the full story. See the FRA:EB2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Elbit Systems Business Description

Other Exchanges ESLT:USAESLT:Israel
Address Advanced Technology Center, P.O. Box 539, Haifa, ISR, 3100401
Elbit Systems Ltd is a technology company involved in producing a portfolio of systems and products for aircraft, land, and naval applications. The company's products are used for defense, homeland security and commercial flight capabilities. Its systems and solutions may be installed on new platforms or it may perform a comprehensive modernization program to transform a platform. Elbit Systems gives instructions to its customers on the proper maintenance of its products and will provide support team specialists when the customer cannot fix a problem. The company operates in five segments: Aerospace; C4I and Cyber; ISTAR and EW; Land; and ESA. It derives maximum revenue from Land Segment. Geographically, it operates in Israel; North America; Europe; Asia-Pacific; Latin America; and Others.
81GF Score

Get the complete analysis for FRA:EB2

PE Ratio (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€625.50
Price
€315.73
GF Value