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RTX (BSP:RYTT34) Shiller PE Ratio : 18.17 (As of May. 06, 2024)


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What is RTX Shiller PE Ratio?

As of today (2024-05-06), RTX's current share price is R$85.76. RTX's E10 for the quarter that ended in Mar. 2024 was R$4.72. RTX's Shiller PE Ratio for today is 18.17.

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

BSP:RYTT34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.5   Med: 12.95   Max: 18.09
Current: 18.04

During the past years, RTX's highest Shiller PE Ratio was 18.09. The lowest was 7.50. And the median was 12.95.

BSP:RYTT34's Shiller PE Ratio is ranked better than
81.75% of 137 companies
in the Aerospace & Defense industry
Industry Median: 39.74 vs BSP:RYTT34: 18.04

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 R$1.062. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$4.72 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
=85.76/4.72
=18.17

* 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.

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)
=1.062/129.4194*129.4194
=1.062

Current CPI (Mar. 2024) = 129.4194.

RTX Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.686 100.560 0.883
201409 0.795 100.428 1.025
201412 0.713 99.070 0.931
201503 0.827 99.621 1.074
201506 0.897 100.684 1.153
201509 1.002 100.392 1.292
201512 2.497 99.792 3.238
201603 0.875 100.470 1.127
201606 0.941 101.688 1.198
201609 0.965 101.861 1.226
201612 0.699 101.863 0.888
201703 0.902 102.862 1.135
201706 0.989 103.349 1.238
201709 0.872 104.136 1.084
201712 0.275 104.011 0.342
201803 0.885 105.290 1.088
201806 1.609 106.317 1.959
201809 1.055 106.507 1.282
201812 0.537 105.998 0.656
201903 0.999 107.251 1.205
201906 1.414 108.070 1.693
201909 0.913 108.329 1.091
201912 0.903 108.420 1.078
202003 -0.081 108.902 -0.096
202006 -2.205 108.767 -2.624
202009 0.153 109.815 0.180
202012 0.077 109.897 0.091
202103 0.470 111.754 0.544
202106 0.570 114.631 0.644
202109 0.818 115.734 0.915
202112 0.434 117.630 0.477
202203 0.597 121.301 0.637
202206 0.740 125.017 0.766
202209 0.821 125.227 0.848
202212 0.839 125.222 0.867
202303 0.842 127.348 0.856
202306 0.728 128.729 0.732
202309 -0.560 129.860 -0.558
202312 0.857 129.419 0.857
202403 1.062 129.419 1.062

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  (BSP:RYTT34) 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 (BSP:RYTT34) 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.

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