RNMBF (Rheinmetall AG) Shiller PE Ratio: 119.17 (As of Aug. 22, 2026) — 245% Above Median

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RNMBF Rheinmetall AG RNMBF
81 GF Score
Price $1,345.38
GF Value $1,394.77
Valuation Fairly Valued
! 2 Warning Signs
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What is Rheinmetall AG Shiller PE Ratio?

Rheinmetall AG RNMBF -0.71% 81 Shiller PE Ratio is 119.17 as of Aug. 22, 2026, which is 245% above its 10-year median of 34.56. GuruFocus rates RNMBF with a GF Score™ of 81/100 and a GF Value™ of $1,394.77 (Fairly Valued). The stock has 2 warning signs investors should review. Among 160 Aerospace & Defense companies, Rheinmetall AG ranks worse than 83.13% on this metric.

As of today (2026-08-22), Rheinmetall AG's current share price is $1345.375. Rheinmetall AG's E10 for the quarter that ended in Jun. 2026 was $11.29. Rheinmetall AG's Shiller PE Ratio for today is 119.17.

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

RNMBF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.51   Med: 34.56   Max: 226.39
Current: 116.65

During the past years, Rheinmetall AG's highest Shiller PE Ratio was 226.39. The lowest was 11.51. And the median was 34.56.

RNMBF's Shiller PE Ratio is ranked worse than
83.13% of 160 companies
in the Aerospace & Defense industry
Industry Median: 57.865 vs RNMBF: 116.65

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.

Rheinmetall AG's adjusted earnings per share data for the three months ended in Jun. 2026 was $3.065. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $11.29 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rheinmetall AG  (OTCPK:RNMBF) 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.


Rheinmetall AG Shiller PE Ratio Related Terms


Rheinmetall AG Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Rheinmetall AG'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.

Rheinmetall AG Shiller PE Ratio Chart

Rheinmetall AG 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 19.25 35.68 43.99 74.67 165.79

Rheinmetall AG 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 207.46 222.00 165.79 148.10 100.00

RNMBF vs SPCX, GE, RTX: Shiller PE Ratio Comparison

For the Aerospace & Defense subindustry, Rheinmetall AG'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.


Rheinmetall AG Shiller PE Ratio vs Aerospace & Defense Industry

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

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


RNMBF
81GF Score
Rheinmetall AG RNMBF
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rheinmetall AG 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.

Rheinmetall AG's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1345.375/11.29
=119.17

* 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.

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

For example, Rheinmetall AG'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)
=3.065/131.3638*131.3638
=3.065

Current CPI (Jun. 2026) = 131.3638.

Rheinmetall AG Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 1.089 101.017 1.416
201612 2.595 101.217 3.368
201703 0.599 101.417 0.776
201706 1.135 102.117 1.460
201709 0.989 102.717 1.265
201712 3.340 102.617 4.276
201803 0.678 102.917 0.865
201806 1.449 104.017 1.830
201809 2.100 104.718 2.634
201812 3.993 104.217 5.033
201903 0.836 104.217 1.054
201906 1.921 105.718 2.387
201909 1.465 106.018 1.815
201912 4.444 105.818 5.517
202003 0.331 105.718 0.411
202006 -6.475 106.618 -7.978
202009 1.213 105.818 1.506
202012 4.619 105.518 5.750
202103 1.357 107.518 1.658
202106 -1.133 108.486 -1.372
202109 1.988 109.435 2.386
202112 5.454 110.384 6.491
202203 1.222 113.968 1.409
202206 1.406 115.760 1.596
202209 1.743 118.818 1.927
202212 7.150 119.345 7.870
202303 1.392 122.402 1.494
202306 1.452 123.140 1.549
202309 2.519 124.195 2.664
202312 7.721 123.773 8.195
202403 1.196 125.038 1.257
202406 1.539 125.882 1.606
202409 3.385 126.198 3.524
202412 10.806 127.041 11.174
202503 2.065 127.779 2.123
202506 3.253 128.412 3.328
202509 3.885 129.255 3.948
202512 8.279 129.361 8.407
202603 2.798 131.258 2.800
202606 3.065 131.364 3.065

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 119.17 mean?
Rheinmetall AG (RNMBF) has a Shiller PE Ratio of 119.17 as of Aug. 22, 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 Rheinmetall AG and its competitors. This is 245% above median its historical median of 34.56. Over the past decade, Rheinmetall AG's Shiller PE Ratio has ranged from 11.51 to 226.39. According to the industry distribution chart, Rheinmetall AG ranks #133 out of 160 companies in the Aerospace & Defense industry, placing it in the top 83.1%.
Is Rheinmetall AG's Shiller PE Ratio too high?
Rheinmetall AG's current Shiller PE Ratio of 119.17 is 245% above median its 10-year median of 34.56. Over the past 10 years, this metric has ranged from a low of 11.51 to a high of 226.39. The Aerospace & Defense industry median Shiller PE Ratio is 57.87. Rheinmetall AG's value of 119.17 is 105.9% above this industry median. Based on the distribution chart, Rheinmetall AG ranks #133 out of 160 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Rheinmetall AG has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Rheinmetall AG's Shiller PE Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Rheinmetall AG ranks #133 out of 160 companies for Shiller PE Ratio. This places Rheinmetall AG in the lower half of its industry. The industry median Shiller PE Ratio is 57.87. Rheinmetall AG's value of 119.17 is 105.9% above this benchmark. Historically, Rheinmetall AG's own Shiller PE Ratio has ranged from 11.51 to 226.39 over the past decade. While the company's 10-year median is 34.56 vs. the industry median of 57.87, Rheinmetall AG 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 Shiller PE Ratio for an Aerospace & Defense company?
The median Shiller PE Ratio among Aerospace & Defense companies is 57.87, based on 160 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. Rheinmetall AG's current Shiller PE Ratio of 119.17 is 105.9% 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 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 Rheinmetall AG and its competitors. For the Aerospace & Defense industry, the median Shiller PE Ratio is 57.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rheinmetall AG's current Shiller PE Ratio is 119.17, which is 245% above median its own 10-year median of 34.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rheinmetall AG stock overvalued right now?
Based on GuruFocus' analysis, Rheinmetall AG (RNMBF) is currently considered Fairly Valued. The stock's GF Value™ is $1,394.77, compared to a current price of $1,345.38 — trading 3.5% below its estimated fair value. The current Shiller PE Ratio is 119.17, which is 245% above median its 10-year median of 34.56 and 105.9% above the Aerospace & Defense industry median of 57.87. Rheinmetall AG's overall GF Score™ is 81/100 with 2 warning signs 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 Rheinmetall AG (RNMBF), the current Shiller PE Ratio is 119.17 as of Aug. 22, 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 Rheinmetall AG (RNMBF) Overvalued in 2026?

Based on GuruFocus' analysis, Rheinmetall AG stock appears to be undervalued. The current stock price of $1,345.38 is trading 3.5% below its estimated GF Value™ of $1,394.77. GuruFocus considers Rheinmetall AG to be Fairly Valued.

Key valuation signals for RNMBF:

  • Shiller PE Ratio: 119.17 (245% above median its 10-year median of 34.56)
  • GF Value™: $1,394.77 vs. price of $1,345.38 (3.5% below fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 105.9% above the Aerospace & Defense median (#133 of 160)

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


Rheinmetall AG Business Description

Address Rheinmetall Platz 1, Dusseldorf, NW, DEU, 40476
Rheinmetall is an international group active in various markets with leading technological products and services. The sales focus is on the security technology and mobility segments. Since February 2021, the group structure has been made up of five divisions—vehicle systems, weapons and ammunition, electronic solutions, sensors and actuators, and materials and trade. The vehicle systems, weapons and ammunition, and electronic solutions divisions are among the defense and security industry's leading suppliers of innovative products to German and international defense forces. The sensors and actuators, and materials and trade divisions' core area of expertise is the reduction of emissions, pollutants, and fuel consumption.
81GF Score

Get the complete analysis for RNMBF

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

$1,345.38
Price
$1,394.77
GF Value