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Northrop Grumman (MIL:1NOC) Shiller PE Ratio : 18.58 (As of Apr. 26, 2025)


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What is Northrop Grumman Shiller PE Ratio?

As of today (2025-04-26), Northrop Grumman's current share price is €416.10. Northrop Grumman's E10 for the quarter that ended in Mar. 2025 was €22.40. Northrop Grumman's Shiller PE Ratio for today is 18.58.

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

MIL:1NOC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 18.38   Med: 26.4   Max: 42.69
Current: 19.55

During the past years, Northrop Grumman's highest Shiller PE Ratio was 42.69. The lowest was 18.38. And the median was 26.40.

MIL:1NOC's Shiller PE Ratio is ranked better than
82.14% of 140 companies
in the Aerospace & Defense industry
Industry Median: 44.085 vs MIL:1NOC: 19.55

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.

Northrop Grumman's adjusted earnings per share data for the three months ended in Mar. 2025 was €3.071. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €22.40 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Northrop Grumman Shiller PE Ratio Historical Data

The historical data trend for Northrop Grumman'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.

* Premium members only.

Northrop Grumman Shiller PE Ratio Chart

Northrop Grumman Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.38 22.16 26.29 21.56 19.65

Northrop Grumman Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 21.38 19.08 22.64 19.65 21.15

Competitive Comparison of Northrop Grumman's Shiller PE Ratio

For the Aerospace & Defense subindustry, Northrop Grumman'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.


Northrop Grumman's Shiller PE Ratio Distribution in the Aerospace & Defense Industry

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

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


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Northrop Grumman 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.

Northrop Grumman's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=416.10/22.40
=18.58

* 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's E10 for the quarter that ended in Mar. 2025 is calculated as:

For example, Northrop Grumman's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=3.071/134.9266*134.9266
=3.071

Current CPI (Mar. 2025) = 134.9266.

Northrop Grumman Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201506 2.441 100.684 3.271
201509 2.450 100.392 3.293
201512 2.295 99.792 3.103
201603 2.721 100.470 3.654
201606 2.537 101.688 3.366
201609 2.985 101.861 3.954
201612 1.981 101.863 2.624
201703 3.450 102.862 4.525
201706 2.812 103.349 3.671
201709 3.079 104.136 3.989
201712 4.918 104.011 6.380
201803 3.885 105.290 4.979
201806 3.852 106.317 4.889
201809 6.093 106.507 7.719
201812 1.837 105.998 2.338
201903 4.478 107.251 5.634
201906 4.478 108.070 5.591
201909 4.985 108.329 6.209
201912 -2.151 108.420 -2.677
202003 4.661 108.902 5.775
202006 5.337 108.767 6.621
202009 5.001 109.815 6.145
202012 1.619 109.897 1.988
202103 11.281 111.754 13.620
202106 5.329 114.631 6.272
202109 5.636 115.734 6.571
202112 15.036 117.630 17.247
202203 5.539 121.301 6.161
202206 5.733 125.017 6.187
202209 5.949 125.227 6.410
202212 12.659 125.222 13.640
202303 5.137 127.348 5.443
202306 4.929 128.729 5.166
202309 5.791 129.860 6.017
202312 -3.209 129.419 -3.346
202403 5.814 131.776 5.953
202406 5.908 132.554 6.014
202409 6.307 133.029 6.397
202412 8.261 133.157 8.371
202503 3.071 134.927 3.071

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.


Northrop Grumman  (MIL:1NOC) 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.


Northrop Grumman Shiller PE Ratio Related Terms

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Northrop Grumman Business Description

Address
2980 Fairview Park Drive, Falls Church, VA, USA, 22042
Northrop Grumman Corp is a diversified company which is aligned in four operating sectors, which also comprise our reportable segments namely Aeronautics Systems, Defense Systems, Mission Systems and Space Systems. The aerospace segment designs and builds military aircraft, including the F-35, Global Hawk drones, and the B-21 bomber. Defense systems develops artillery, missile systems, and missile defense technologies. Mission systems focuses on radar, navigation, and communication systems, while space systems manufactures satellites, sensors, and rocket motors.

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