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RTX Raytheon Technologies PE ratio, current and historical analysis

The current PE ratio for Raytheon Technologies stock as of Jun 14, 2024 is 41.04. This is calculated based on the TTM EPS of $2.54 and the stock price of $104.23 per share. The PE ratio has grown by 22% from its last 4 quarters average of 33.7.

RTX PE ratio history

How has RTX's PE ratio performed in the past

The average historical PE ratio of Raytheon Technologies for the last ten years is 77.98. The current P/E ratio of 41.04 is 47% lower than the historical average. Looking back at the last ten years, RTX's PE ratio peaked in the Jun 2020 quarter at 2,054, when the price was $61.62 and the EPS was $0.03. The lowest point was in the Dec 2015 quarter, when it reached 11.02 with a price of $96.07 and an EPS of $8.72.

Average
77.98
Median
21.17
Minimum
11.02
Maximum
2,054

Raytheon Technologies PE ratio by year

Maximum annual increase: 60.98% in 2016

Maximum annual decrease: -33.69% in 2015

Year PE ratio Change
2023 37.56 31.01%
2022 28.67 -14.39%
2021 33.49 N/A
2020 N/A N/A
2019 23.11 42.83%
2018 16.18 -26.95%
2017 22.15 24.86%
2016 17.74 60.98%
2015 11.02 -33.69%
2014 16.62 -7.25%

RTX average PE ratio chart

What is the average PE ratio of RTX for the past years

The current PE ratio of RTX is higher than the 3-year average, but it is lower than its 5 and 10-year averages.

3-year avg
34.09
5-year avg
150
10-year avg
77.98
15-year avg
56.02

RTX PE vs peers

What is RTX's PE ratio compared to its peers

In comparison to its peer stock TGI, RTX's PE ratio is higher.

Stock name PE ratio Market cap
TGI Triumph Group Inc 2.03 $1.08B
RTX Raytheon Technologies Corp 41.04 $138.57B

Frequently asked questions

What is Raytheon Technologies's PE ratio?

As of Jun 14, 2024, RTX stock has a price to earnings ratio of 41.04.

What is the 3-year average PE ratio for Raytheon Technologies (RTX)?

Over the last 3 years, the average price to earnings ratio for RTX stock is 34.09.

What is the 5-year average PE ratio for Raytheon Technologies (RTX)?

Over the last 5 years, the average price to earnings ratio for RTX stock is 150.0.

What is the highest PE ratio for RTX?

Over the last ten years, the Jun 2020 quarter recorded the highest quarterly PE ratio at 2,054.

How does the current PE ratio for RTX compare to its historical average?

The current PE ratio of RTX is 47% lower than the 10-year historical average.

How is RTX's PE ratio calculated (Raytheon Technologies PE ratio formula)?

The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jun 14, 2024), Raytheon Technologies's share price is $104.23. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.54. Therefore, Raytheon Technologies's PE ratio for today is 41.04. PE RATIO(41.04) = STOCK PRICE($104.23) / TTM EPS($2.54)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.