As at Jul 25, 2024, the LHX stock has a price-to-earnings ratio of 39.36. This is based on the current EPS of $6.18 and the stock price of $243.27 per share. An increase of 16% has been recorded in the PE ratio compared to the average of 33.9 of the past four quarters.
The mean historical PE ratio of L3Harris Technologies over the last ten years is 32.55. The current 39.36 price-to-earnings ratio is 21% 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 Sep 2014 quarter saw the lowest point at 13.52, with a price of $67.72 and an EPS of $5.01.
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% |
Currently, LHX's PE ratio is above its 3, 5 and 10-year historical averages.
| Stock name | PE ratio | Market cap |
|---|---|---|
| LHX L3Harris Technologies Inc | 37.12 | $43.51B |
| LIDR AEye Inc | N/A | $10.01M |
| NN Nextnav Inc | N/A | $1.01B |
| OUST Ouster Inc | N/A | $631.34M |
The price to earnings ratio for LHX stock is 39.36 as of Jul 25, 2024.
Over the last 3 years, the average PE ratio for LHX stock is 32.12.
Over the last 5 years, the average PE ratio for LHX stock is 30.81.
The highest quarterly PE ratio in the last ten years has been 144.83 and it was in the Jan 2016 quarter.
LHX's current price to earnings ratio is 21% above its 10-year historical average.
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 (Jul 25, 2024), L3Harris Technologies's stock price is $243.27. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $6.18. Therefore, L3Harris Technologies's price to earnings ratio for today is 39.36. PE RATIO(39.36) = STOCK PRICE($243.27) / TTM EPS($6.18)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.