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RTX (BUE:RTX) Shiller PE Ratio : 17.35 (As of Apr. 29, 2024)


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What is RTX Shiller PE Ratio?

As of today (2024-04-29), RTX's current share price is ARS1600.00. RTX's E10 for the quarter that ended in Mar. 2024 was ARS92.20. RTX's Shiller PE Ratio for today is 17.35.

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

BUE:RTX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.5   Med: 12.93   Max: 18.09
Current: 18.05

During the past years, RTX's highest Shiller PE Ratio was 18.09. The lowest was 7.50. And the median was 12.93.

BUE:RTX's Shiller PE Ratio is ranked better than
82.35% of 136 companies
in the Aerospace & Defense industry
Industry Median: 38.55 vs BUE:RTX: 18.05

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.

RTX's adjusted earnings per share data for the three months ended in Mar. 2024 was ARS5,392.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ARS92.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


RTX Shiller PE Ratio Historical Data

The historical data trend for RTX'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.

RTX Shiller PE Ratio Chart

RTX 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 13.96 11.85 14.24 16.66 14.86

RTX 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 16.11 16.30 12.43 14.86 17.36

Competitive Comparison of RTX's Shiller PE Ratio

For the Aerospace & Defense subindustry, RTX'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.


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

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

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



RTX 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.

RTX's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1600.00/92.2
=17.35

* 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.

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

For example, RTX'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)
=5392/129.4194*129.4194
=5,392.000

Current CPI (Mar. 2024) = 129.4194.

RTX Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 74.750 100.560 96.203
201409 85.874 100.428 110.664
201412 69.263 99.070 90.482
201503 69.676 99.621 90.517
201506 78.598 100.684 101.030
201509 72.398 100.392 93.332
201512 249.800 99.792 323.962
201603 103.688 100.470 133.564
201606 115.333 101.688 146.785
201609 132.759 101.861 168.677
201612 99.078 101.863 125.881
201703 133.357 102.862 167.787
201706 148.392 103.349 185.825
201709 146.321 104.136 181.847
201712 47.737 104.011 59.398
201803 163.207 105.290 200.610
201806 319.232 106.317 388.601
201809 283.352 106.507 344.309
201812 156.476 105.998 191.051
201903 304.902 107.251 367.926
201906 491.469 108.070 588.562
201909 371.908 108.329 444.313
201912 394.506 108.420 470.916
202003 -31.035 108.902 -36.882
202006 -872.865 108.767 -1,038.600
202009 63.104 109.815 74.370
202012 36.621 109.897 43.127
202103 225.200 111.754 260.797
202106 322.082 114.631 363.632
202109 454.677 115.734 508.441
202112 232.277 117.630 255.558
202203 386.539 121.301 412.409
202206 529.452 125.017 548.097
202209 653.065 125.227 674.931
202212 804.720 125.222 831.695
202303 958.118 127.348 973.704
202306 1,080.000 128.729 1,085.795
202309 -1,189.830 129.860 -1,185.798
202312 1,895.250 129.419 1,895.250
202403 5,392.000 129.419 5,392.000

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.


RTX  (BUE:RTX) 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.


RTX Shiller PE Ratio Related Terms

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


RTX (BUE:RTX) Business Description

Address
1000 Wilson Boulevard, Arlington, VA, USA, 22209
RTX is a diversified aerospace and defense industrial company formed from the merger of United Technologies and Raytheon, with roughly equal exposure as a supplier to commercial aerospace manufacturers and to the defense market. The company operates in three segments: Collins Aerospace, a diversified aerospace supplier; Pratt & Whitney, an aircraft engine manufacturer; and Raytheon, a defense prime contractor providing a mix of missiles, missile defense systems, sensors, hardware, and communications technology to the military.