Leidos Holdings (MIL:1LDOS) Shiller PE Ratio: 23.34 (As of Aug. 21, 2026) — 21% Below Median

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MIL:1LDOS Leidos Holdings Inc MIL:1LDOS
58 GF Score
Price €123.95
GF Value €149.67
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Leidos Holdings Shiller PE Ratio?

Leidos Holdings MIL:1LDOS -1.35% 58 Shiller PE Ratio is 23.34 as of Aug. 21, 2026, which is 21% below its 10-year median of 29.59. GuruFocus rates MIL:1LDOS with a GF Score™ of 58/100 and a GF Value™ of €149.67 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,022 Software companies, Leidos Holdings ranks better than 57.63% on this metric.

As of today (2026-08-21), Leidos Holdings's current share price is €123.95. Leidos Holdings's E10 for the quarter that ended in Jun. 2026 was €5.31. Leidos Holdings's Shiller PE Ratio for today is 23.34.

The historical rank and industry rank for Leidos Holdings's Shiller PE Ratio or its related term are showing as below:

MIL:1LDOS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.56   Med: 29.59   Max: 53.48
Current: 22.83

During the past years, Leidos Holdings's highest Shiller PE Ratio was 53.48. The lowest was 11.56. And the median was 29.59.

MIL:1LDOS's Shiller PE Ratio is ranked better than
57.63% of 1022 companies
in the Software industry
Industry Median: 27.49 vs MIL:1LDOS: 22.83

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.

Leidos Holdings's adjusted earnings per share data for the three months ended in Jun. 2026 was €2.439. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €5.31 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Leidos Holdings  (MIL:1LDOS) 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.


Leidos Holdings Shiller PE Ratio Related Terms


Leidos Holdings Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Leidos Holdings'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.

Leidos Holdings Shiller PE Ratio Chart

Leidos Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.69 30.67 35.60 30.59 31.94

Leidos Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE 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 30.06 34.36 31.94 26.27 16.63

MIL:1LDOS vs WSE, CDW, BR: Shiller PE Ratio Comparison

For the Information Technology Services subindustry, Leidos Holdings'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.


Leidos Holdings Shiller PE Ratio vs Software Industry

For the Software industry and Technology sector, Leidos Holdings's Shiller PE Ratio distribution charts can be found below:

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


MIL:1LDOS
58GF Score
Leidos Holdings Inc MIL:1LDOS
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Leidos Holdings Shiller PE Ratio Calculation

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.

Leidos Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=123.95/5.31
=23.34

* 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.

Leidos Holdings's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Leidos Holdings's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.439/333.9520*333.9520
=2.439

Current CPI (Jun. 2026) = 333.9520.

Leidos Holdings Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.713 241.428 0.986
201612 0.370 241.432 0.512
201703 0.439 243.801 0.601
201706 0.570 244.955 0.777
201709 0.445 246.819 0.602
201712 0.625 246.524 0.847
201803 0.535 249.554 0.716
201806 0.805 251.989 1.067
201809 0.823 252.439 1.089
201812 1.099 251.233 1.461
201903 1.142 254.202 1.500
201906 0.823 256.143 1.073
201909 1.008 256.759 1.311
201912 1.134 256.974 1.474
202003 0.724 258.115 0.937
202006 0.941 257.797 1.219
202009 0.959 260.280 1.230
202012 1.126 260.474 1.444
202103 1.193 264.877 1.504
202106 0.979 271.696 1.203
202109 1.216 274.310 1.480
202112 1.089 278.802 1.304
202203 1.135 287.504 1.318
202206 1.173 296.311 1.322
202209 1.182 296.808 1.330
202212 1.208 296.797 1.359
202303 1.093 301.836 1.209
202306 1.385 305.109 1.516
202309 -2.727 307.789 -2.959
202312 1.522 306.746 1.657
202403 1.904 312.332 2.036
202406 2.202 314.175 2.341
202409 2.415 315.301 2.558
202412 2.025 315.605 2.143
202503 2.562 319.799 2.675
202506 2.610 322.561 2.702
202509 2.403 324.800 2.471
202512 2.161 324.054 2.227
202603 2.214 330.213 2.239
202606 2.439 333.952 2.439

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 23.34 mean?
Leidos Holdings (MIL:1LDOS) has a Shiller PE Ratio of 23.34 as of Aug. 21, 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 Leidos Holdings and its competitors. This is 21% below median its historical median of 29.59. Over the past decade, Leidos Holdings' Shiller PE Ratio has ranged from 11.56 to 53.48. According to the industry distribution chart, Leidos Holdings ranks #433 out of 1022 companies in the Software industry, placing it in the top 42.4%.
Is Leidos Holdings' Shiller PE Ratio too high?
Leidos Holdings' current Shiller PE Ratio of 23.34 is 21% below median its 10-year median of 29.59. Over the past 10 years, this metric has ranged from a low of 11.56 to a high of 53.48. The Software industry median Shiller PE Ratio is 27.49. Leidos Holdings' value of 23.34 is 15.1% below this industry median. Based on the distribution chart, Leidos Holdings ranks #433 out of 1022 companies in the Software industry, which is above the industry midpoint. Overall, Leidos Holdings has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Leidos Holdings' Shiller PE Ratio compare to WSE and CDW?
According to the Software industry distribution chart, Leidos Holdings ranks #433 out of 1022 companies for Shiller PE Ratio. This puts Leidos Holdings in the upper half of its industry. The industry median Shiller PE Ratio is 27.49. Leidos Holdings' value of 23.34 is 15.1% below this benchmark. Historically, Leidos Holdings' own Shiller PE Ratio has ranged from 11.56 to 53.48 over the past decade. While the company's 10-year median is 29.59 vs. the industry median of 27.49, Leidos Holdings 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 a Software company?
The median Shiller PE Ratio among Software companies is 27.49, based on 1,022 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. Leidos Holdings's current Shiller PE Ratio of 23.34 is 15.1% 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 Leidos Holdings and its competitors. For the Software industry, the median Shiller PE Ratio is 27.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leidos Holdings's current Shiller PE Ratio is 23.34, which is 21% below median its own 10-year median of 29.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leidos Holdings stock overvalued right now?
Based on GuruFocus' analysis, Leidos Holdings (MIL:1LDOS) is currently considered Modestly Undervalued. The stock's GF Value™ is €149.67, compared to a current price of €123.95 — trading 17.2% below its estimated fair value. The current Shiller PE Ratio is 23.34, which is 21% below median its 10-year median of 29.59 and 15.1% below the Software industry median of 27.49. Leidos Holdings' overall GF Score™ is 58/100 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 Leidos Holdings (MIL:1LDOS), the current Shiller PE Ratio is 23.34 as of Aug. 21, 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 Leidos Holdings (MIL:1LDOS) Overvalued in 2026?

Based on GuruFocus' analysis, Leidos Holdings stock appears to be undervalued. The current stock price of €123.95 is trading 17.2% below its estimated GF Value™ of €149.67. GuruFocus considers Leidos Holdings to be Modestly Undervalued.

Key valuation signals for MIL:1LDOS:

  • Shiller PE Ratio: 23.34 (21% below median its 10-year median of 29.59)
  • GF Value™: €149.67 vs. price of €123.95 (17.2% below fair value)
  • GF Score™: 58/100 with 1 warning sign
  • Industry Position: 15.1% below the Software median (#433 of 1022)

No single metric tells the full story. See the MIL:1LDOS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Leidos Holdings Business Description

Address 1750 Presidents Street, Reston, VA, USA, 20190
Leidos Holdings Inc is a technology, engineering, and science company that provides services and solutions in the defense, intelligence, civil, and health management, both domestically and internationally. The customers of the company includes the U.S. Department of Defense ("DoD"), the U.S. Intelligence Community, the U.S. Department of Homeland Security ("DHS"), the Federal Aviation Administration ("FAA"), the Department of Veterans Affairs ("VA"), and many other U.S. civilian, state and local government agencies, etc. The company is engaged in four reportable segments; National Security & Digital, Health & Civil, Commercial & International and Defense Systems. It provides a wide array of scientific, engineering and technical services and solutions across these reportable segments.
58GF Score

Get the complete analysis for MIL:1LDOS

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

€123.95
Price
€149.67
GF Value