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General Dynamics (General Dynamics) Shiller PE Ratio

: 23.08 (As of Today)
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As of today (2024-04-18), General Dynamics's current share price is $285.27. General Dynamics's E10 for the quarter that ended in Dec. 2023 was $12.36. General Dynamics's Shiller PE Ratio for today is 23.08.

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

GD' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.73   Med: 22.1   Max: 32.25
Current: 23.08

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.

GD's Shiller PE Ratio is ranked better than
72.26% of 137 companies
in the Aerospace & Defense industry
Industry Median: 37.06 vs GD: 23.08

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 Dec. 2023 was $3.640. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $12.36 for the trailing ten years ended in Dec. 2023.

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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.24 17.09 21.60 21.32 21.01

General Dynamics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio 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 Premium Member Only Premium Member Only Premium Member Only 21.32 19.20 17.85 18.08 21.01

Competitive Comparison

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 Shiller PE Ratio Distribution

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
=285.27/12.36
=23.08

* 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 Dec. 2023 is calculated as:

For example, General Dynamics's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3.64/129.4194*129.4194
=3.640

Current CPI (Dec. 2023) = 129.4194.

General Dynamics Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.710 99.695 2.220
201406 1.580 100.560 2.033
201409 2.060 100.428 2.655
201412 2.090 99.070 2.730
201503 2.140 99.621 2.780
201506 2.270 100.684 2.918
201509 2.280 100.392 2.939
201512 2.400 99.792 3.113
201603 2.040 100.470 2.628
201606 2.300 101.688 2.927
201609 2.090 101.861 2.655
201612 2.580 101.863 3.278
201703 2.480 102.862 3.120
201706 2.450 103.349 3.068
201709 2.520 104.136 3.132
201712 2.100 104.011 2.613
201803 2.650 105.290 3.257
201806 2.620 106.317 3.189
201809 2.850 106.507 3.463
201812 3.070 105.998 3.748
201903 2.560 107.251 3.089
201906 2.770 108.070 3.317
201909 3.140 108.329 3.751
201912 3.510 108.420 4.190
202003 2.430 108.902 2.888
202006 2.180 108.767 2.594
202009 2.900 109.815 3.418
202012 3.490 109.897 4.110
202103 2.480 111.754 2.872
202106 2.610 114.631 2.947
202109 3.070 115.734 3.433
202112 3.390 117.630 3.730
202203 2.610 121.301 2.785
202206 2.750 125.017 2.847
202209 3.260 125.227 3.369
202212 3.580 125.222 3.700
202303 2.640 127.348 2.683
202306 2.700 128.729 2.714
202309 3.040 129.860 3.030
202312 3.640 129.419 3.640

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  (NYSE:GD) 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 (General Dynamics) Business Description

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.
Executives
Gregory S Gallopoulos officer: Senior VP, Gen. Counsel, Sec. C/O GENERAL DYNAMICS CORPORATION, 2941 FAIRVIEW PARK DRIVE, SUITE 100, FALLS CHURCH VA 22042
Phebe N Novakovic director, officer: Chairman and CEO
Marguerite Amy Gilliland officer: Senior Vice President 2941 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Charles W Hooper director C/O APA CORPORATION, 2000 POST OAK BLVD STE 100, HOUSTON TX 77056
Mark Malcolm director TOWER INTERNATIONAL, INC., 17672 LAUREL PARK DRIVE N., SUITE 400E, LIVONIA MI 48152
Richard D Clarke director 11011 SUNSET HILLS ROAD, RESTON VA 20190
Mark Lagrand Burns officer: Vice President 2941 FAIRVIEW PARK DRIVE, SUITE 100, FALLS CHURCH VA 22042
Mark C. Roualet officer: Vice President C/O GENERAL DYNAMICS CORPORATION, 2941 FAIRVIEW PARK DRIVE, SUITE 100, FALLS CHURCH VA 22042
William A Moss officer: Vice President and Controller 2941 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
James S Crown director 222 N LASALLE STREET, STE 2000, CHICAGO IL 60601
Robert K Steel director 85 BROAD STREET, NEW YORK NY 10004
William A Osborn director 100 NE ADAMS STREET, PEORIA IL 61629
Danny Deep officer: Vice President 11011 SUNSET HILLS ROAD, RESTON VA 20190
John G Stratton director 1095 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10036
Lester L Lyles director C/O MTC TECHNOLOGIES INC, 4032 LINDEN AVENUE, DAYTON OH 45432

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