LHX L3Harris Technologies PE ratio, current and historical analysis
As at Nov 21, 2024, the LHX stock has a price-to-earnings ratio of 38.77. This is based on the current EPS of $6.36 and the stock price of $246.6 per share. An increase of 11% has been recorded in the PE ratio compared to the average of 35.0 of the past four quarters.
LHX PE ratio history
The mean historical PE ratio of L3Harris Technologies over the last ten years is 33.22. The current 38.77 price-to-earnings ratio is 17% more than the historical average. In the past ten years, LHX's PE ratio reached its highest point in the Jan 2016 quarter at 144.83, with a price of $86.9 and an EPS of $0.6. The Jan 2015 quarter saw the lowest point at 14.1, with a price of $71.62 and an EPS of $5.08.
L3Harris Technologies PE ratio by year
Maximum annual increase: 62.37% in 2015
Maximum annual decrease: -68.83% in 2014
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 32.55 | -13.38% |
| 2022 | 37.58 | 61.63% |
| 2021 | 23.25 | -35.67% |
| 2021 | 36.14 | 53.46% |
| 2019 | 23.55 | -4.19% |
| 2018 | 24.58 | -0.41% |
| 2017 | 24.68 | -22% |
| 2016 | 31.64 | 28.2% |
| 2015 | 24.68 | 62.37% |
| 2014 | 15.2 | -68.83% |
LHX average PE ratio chart
Currently, LHX's PE ratio is above its 3, 5 and 10-year historical averages.
LHX PE vs peers
| Stock name | PE ratio | Market cap |
|---|---|---|
| LHX L3Harris Technologies Inc | 38.77 | $46.77B |
| LIDR AEye Inc | N/A | $8.4M |
| NN Nextnav Inc | N/A | $2B |
| OUST Ouster Inc | N/A | $446.44M |
Frequently asked questions
What is L3Harris Technologies's PE ratio?
The price to earnings ratio for LHX stock is 38.77 as of Nov 21, 2024.
What is the 3-year average PE ratio for L3Harris Technologies (LHX)?
Over the last 3 years, the average PE ratio for LHX stock is 33.11.
What is the 5-year average PE ratio for L3Harris Technologies (LHX)?
Over the last 5 years, the average PE ratio for LHX stock is 31.63.
What is the highest PE ratio for LHX?
The highest quarterly PE ratio in the last ten years has been 144.83 and it was in the Jan 2016 quarter.
How does the current PE ratio for LHX compare to its historical average?
LHX's current price to earnings ratio is 17% above its 10-year historical average.
How is LHX's PE ratio calculated (L3Harris Technologies PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Nov 21, 2024), L3Harris Technologies's stock price is $246.6. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $6.36. Therefore, L3Harris Technologies's price to earnings ratio for today is 38.77. PE RATIO(38.77) = STOCK PRICE($246.6) / TTM EPS($6.36)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.