The PE ratio for Elbit Systems stock stands at 41.46 as of May 16, 2024. The calculation is based on the latest EPS of $4.85 and the stock price of $201.06 per share. An increase of 20% has been observed in the PE ratio compared to its average of 34.4 of the past four quarters.
Over the last ten years, the average PE ratio of Elbit Systems has been 25.15. The current 41.46 price-to-earnings ratio is 65% more than the historical average. Analyzing the last ten years, ESLT's PE ratio reached its highest point in the Dec 2023 quarter at 43.97, with a price of $213.25 and an EPS of $4.85. The Jun 2014 quarter saw the lowest point at 14.14, with a price of $61.5 and an EPS of $4.35.
Maximum annual increase: 66.43% in 2023
Maximum annual decrease: -18.48% in 2020
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 43.97 | 66.43% |
| 2022 | 26.42 | -5.78% |
| 2021 | 28.04 | 15.34% |
| 2020 | 24.31 | -18.48% |
| 2019 | 29.82 | 26.3% |
| 2018 | 23.61 | -0.96% |
| 2017 | 23.84 | 29.64% |
| 2016 | 18.39 | -1.34% |
| 2015 | 18.64 | 23.04% |
| 2014 | 15.15 | 8.52% |
The current PE ratio of ESLT is above its 3, 5 and 10-year averages.
When compared to its peer stocks LMT and GD, ESLT's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| LMT Lockheed Martin Corp | 16.95 | $111.53B |
| GD General Dynamics Corp | 23.85 | $81.14B |
| NOC Northrop Grumman Corp | 32.71 | $69.66B |
| ESLT Elbit Systems Ltd. | 41.46 | $8.94B |
| BA Boeing Co | N/A | $112.32B |
As of May 16, 2024, ESLT stock has a price to earnings ratio of 41.46.
Over the last 3 years, the average PE ratio for ESLT stock is 32.51.
Over the last 5 years, the average PE ratio for ESLT stock is 30.82.
Over the last ten years, the quarterly PE ratio reached its highest level at 43.97 in the Dec 2023 quarter.
ESLT's current price to earnings ratio is 65% above its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 16, 2024), Elbit Systems's share price is $201.06. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $4.85. Therefore, Elbit Systems's price to earnings ratio for today is 41.46. PE RATIO(41.46) = STOCK PRICE($201.06) / TTM EPS($4.85)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.