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Leonardo SpAFINMF 77 Shiller PE Ratio is 38.67 as of Sep. 04, 2026, which is 88% above its 10-year median of 20.56. GuruFocus rates FINMF with a GF Score™ of 77/100 and a GF Value™ of $42.15 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 161 Aerospace & Defense companies, Leonardo SpA ranks better than 65.22% on this metric.
As of today (2026-09-04), Leonardo SpA's current share price is $59.935. Leonardo SpA's E10 for the quarter that ended in Jun. 2026 was $1.55. Leonardo SpA's Shiller PE Ratio for today is 38.67.
The historical rank and industry rank for Leonardo SpA's Shiller PE Ratio or its related term are showing as below:
FINMF'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.26 Med: 20.56 Max: 238.33
Current: 37
During the past years, Leonardo SpA's highest Shiller PE Ratio was 238.33. The lowest was 9.26. And the median was 20.56.
FINMF's Shiller PE Ratio is ranked better than 65.22% of 161
companies
in the Aerospace & Defense industry
Industry Median: 56.8
vs FINMF: 37.00
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.
Leonardo SpA's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.480. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.55 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Leonardo SpA (OTCPK:FINMF) Shiller PE Ratio Explanation
Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.
Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.
Be Aware
Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.
Leonardo SpA Shiller PE Ratio Related Terms
Leonardo SpA Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Leonardo SpA's Shiller PE 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.
FINMF vs SPCX, GE, RTX: Shiller PE Ratio Comparison
For the Aerospace & Defense subindustry, Leonardo SpA'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.
Leonardo SpA Shiller PE Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Leonardo SpA's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Leonardo SpA's Shiller PE Ratio falls into.
For Shiller PE Ratio, 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 PE Ratio is also called PE10.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.
Leonardo SpA's Shiller PE Ratio for today is calculated as
* 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.
Leonardo SpA's E10 for the quarter that ended in Jun. 2026 is calculated as:
For example, Leonardo SpA's adjusted earnings per share data for the three months ended in Jun. 2026 was:
Add all the adjusted EPS together and divide 10 will get our 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.
Leonardo SpA (FINMF) has a Shiller PE Ratio of 38.67 as of Sep. 04, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Leonardo SpA and its competitors. This is 88% above median its historical median of 20.56. Over the past decade, Leonardo SpA's Shiller PE Ratio has ranged from 9.26 to 238.33. According to the industry distribution chart, Leonardo SpA ranks #56 out of 161 companies in the Aerospace & Defense industry, placing it in the top 34.8%.
Is Leonardo SpA's Shiller PE Ratio too high?
Leonardo SpA's current Shiller PE Ratio of 38.67 is 88% above median its 10-year median of 20.56. Over the past 10 years, this metric has ranged from a low of 9.26 to a high of 238.33. The Aerospace & Defense industry median Shiller PE Ratio is 56.80. Leonardo SpA's value of 38.67 is 31.9% below this industry median. Based on the distribution chart, Leonardo SpA ranks #56 out of 161 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Leonardo SpA has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Leonardo SpA's Shiller PE Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Leonardo SpA ranks #56 out of 161 companies for Shiller PE Ratio. This puts Leonardo SpA in the upper half of its industry. The industry median Shiller PE Ratio is 56.80. Leonardo SpA's value of 38.67 is 31.9% below this benchmark. Historically, Leonardo SpA's own Shiller PE Ratio has ranged from 9.26 to 238.33 over the past decade. While the company's 10-year median is 20.56 vs. the industry median of 56.80, Leonardo SpA 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 Shiller PE Ratio for an Aerospace & Defense company?
The median Shiller PE Ratio among Aerospace & Defense companies is 56.80, based on 161 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Leonardo SpA's current Shiller PE Ratio of 38.67 is 31.9% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Leonardo SpA and its competitors. For the Aerospace & Defense industry, the median Shiller PE Ratio is 56.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leonardo SpA's current Shiller PE Ratio is 38.67, which is 88% above median its own 10-year median of 20.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leonardo SpA stock overvalued right now?
Based on GuruFocus' analysis, Leonardo SpA (FINMF) is currently considered Significantly Overvalued. The stock's GF Value™ is $42.15, compared to a current price of $59.94 — trading 42.2% above its estimated fair value. The current Shiller PE Ratio is 38.67, which is 88% above median its 10-year median of 20.56 and 31.9% below the Aerospace & Defense industry median of 56.80. Leonardo SpA's overall GF Score™ is 77/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Leonardo SpA (FINMF), the current Shiller PE Ratio is 38.67 as of Sep. 04, 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 Leonardo SpA (FINMF) Overvalued in 2026?
Based on GuruFocus' analysis, Leonardo SpA stock appears to be overvalued.
The current stock price of $59.94 is trading 42.2% above its estimated GF Value™ of $42.15.
GuruFocus considers Leonardo SpA to be Significantly Overvalued.
Key valuation signals for FINMF:
Shiller PE Ratio: 38.67 (88% above median its 10-year median of 20.56)
GF Value™: $42.15 vs. price of $59.94 (42.2% above fair value)
Industry Position: 31.9% below the Aerospace & Defense median (#56 of 161)
No single metric tells the full story. See the FINMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Leonardo is a leading European security firm, with 30.2% of shares owned by the Italian government. Divisions include helicopters, defence electronics & security, aeronautics, cyber & security solutions, and space.The helicopter division serves both military and civil markets. Defence electronics & security accesses the US market through the Leonardo DRS subsidiary. Aeronautics integrates aircraft and aerostructures, participating in major programs like Eurofighter, F-35, and the Global Combat Air Programme, or GCAP. It also supplies large structural components to major commercial aircraft programs. Leonardo is currently evolving from a defense firm into a data-driven global security company.
77GF Score
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