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General Dynamics (BSP:GDBR34) Shiller PE Ratio : 23.34 (As of Apr. 29, 2024)


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What is General Dynamics Shiller PE Ratio?

As of today (2024-04-29), General Dynamics's current share price is R$1458.24. General Dynamics's E10 for the quarter that ended in Mar. 2024 was R$62.49. General Dynamics's Shiller PE Ratio for today is 23.34.

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

BSP:GDBR34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.73   Med: 22.1   Max: 32.25
Current: 22.89

During the past years, General Dynamics's highest Shiller PE Ratio was 32.25. The lowest was 13.73. And the median was 22.10.

BSP:GDBR34's Shiller PE Ratio is ranked better than
73.53% of 136 companies
in the Aerospace & Defense industry
Industry Median: 38.55 vs BSP:GDBR34: 22.89

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.

General Dynamics's adjusted earnings per share data for the three months ended in Mar. 2024 was R$14.342. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$62.49 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


General Dynamics Shiller PE Ratio Historical Data

The historical data trend for General Dynamics'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.

General Dynamics Shiller PE Ratio Chart

General Dynamics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.24 17.09 21.60 21.32 21.01

General Dynamics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 19.20 17.85 18.08 21.01 22.74

Competitive Comparison of General Dynamics's Shiller PE Ratio

For the Aerospace & Defense subindustry, General Dynamics'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.


General Dynamics's Shiller PE Ratio Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where General Dynamics's Shiller PE Ratio falls into.



General Dynamics 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.

General Dynamics's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1458.24/62.49
=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.

General Dynamics's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, General Dynamics's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=14.342/129.4194*129.4194
=14.342

Current CPI (Mar. 2024) = 129.4194.

General Dynamics Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 3.533 100.560 4.547
201409 4.816 100.428 6.206
201412 5.522 99.070 7.214
201503 6.723 99.621 8.734
201506 7.064 100.684 9.080
201509 8.899 100.392 11.472
201512 9.314 99.792 12.079
201603 7.544 100.470 9.718
201606 7.874 101.688 10.021
201609 6.799 101.861 8.638
201612 8.653 101.863 10.994
201703 7.756 102.862 9.758
201706 8.074 103.349 10.111
201709 7.894 104.136 9.811
201712 6.919 104.011 8.609
201803 8.689 105.290 10.680
201806 9.880 106.317 12.027
201809 11.710 106.507 14.229
201812 11.922 105.998 14.556
201903 9.832 107.251 11.864
201906 10.680 108.070 12.790
201909 12.935 108.329 15.453
201912 14.407 108.420 17.197
202003 11.873 108.902 14.110
202006 11.311 108.767 13.459
202009 15.660 109.815 18.456
202012 17.955 109.897 21.145
202103 13.975 111.754 16.184
202106 13.124 114.631 14.817
202109 16.207 115.734 18.123
202112 19.170 117.630 21.091
202203 12.988 121.301 13.857
202206 13.881 125.017 14.370
202209 17.094 125.227 17.666
202212 18.779 125.222 19.408
202303 13.751 127.348 13.975
202306 13.105 128.729 13.175
202309 15.014 129.860 14.963
202312 17.835 129.419 17.835
202403 14.342 129.419 14.342

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.


General Dynamics  (BSP:GDBR34) 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.


General Dynamics Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of General Dynamics's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


General Dynamics (BSP:GDBR34) Business Description

Traded in Other Exchanges
Address
11011 Sunset Hills Road, Reston, VA, USA, 20190
General Dynamics is a defense contractor and business jet manufacturer. The firm's segments include aerospace, marine, combat systems, and technologies. General Dynamics' aerospace segment creates Gulfstream business jets and operates a global aircraft servicing operation. Combat systems produces land-based combat vehicles such as the M1 Abrams tank and Stryker armored personnel carrier, as well as munitions. The marine segment creates and services nuclear-powered submarines, destroyers, and other ships. The technologies segment contains two main units, an IT business that primarily serves the government market and a mission systems business that focuses on products that provide command, control, computing, intelligence, surveillance, and reconnaissance capabilities to the military.

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