The current PE ratio for Raytheon Technologies stock as of Jul 25, 2024 is 66.36. This is calculated based on the TTM EPS of $1.71 and the stock price of $113.47 per share. The PE ratio has grown by 58% from its last 4 quarters average of 41.9.
The average historical PE ratio of Raytheon Technologies for the last ten years is 79.08. The current P/E ratio of 66.36 is 16% 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.
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% |
The current PE ratio of RTX is higher than the 3-year average, but it is lower than its 5 and 10-year averages.
In comparison to its peer stock TGI, RTX's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TGI Triumph Group Inc | 2.41 | $1.28B |
| RTX Raytheon Technologies Corp | 66.64 | $151.58B |
As of Jul 25, 2024, RTX stock has a price to earnings ratio of 66.36.
Over the last 3 years, the average price to earnings ratio for RTX stock is 34.43.
Over the last 5 years, the average price to earnings ratio for RTX stock is 152.21.
Over the last ten years, the Jun 2020 quarter recorded the highest quarterly PE ratio at 2,054.
The current PE ratio of RTX is 16% lower than the 10-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 25, 2024), Raytheon Technologies's share price is $113.47. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $1.71. Therefore, Raytheon Technologies's PE ratio for today is 66.36. PE RATIO(66.36) = STOCK PRICE($113.47) / TTM EPS($1.71)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.