The current PE ratio for Raytheon Technologies stock as of Apr 17, 2024 is 44.98. This is calculated based on the TTM EPS of $2.24 and the stock price of $100.75 per share. The PE ratio has grown by 47% from its last 4 quarters average of 30.6.
The average historical PE ratio of Raytheon Technologies for the last ten years is 79.08. The current P/E ratio of 44.98 is 43% 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.
| Stock name | PE ratio | Market cap |
|---|---|---|
| RTX Raytheon Technologies Corp | 44.96 | $133.62B |
| TGI Triumph Group Inc | N/A | $994.65M |
As of Apr 17, 2024, RTX stock has a price to earnings ratio of 44.98.
Over the last 3 years, the average price to earnings ratio for RTX stock is 33.7.
Over the last 5 years, the average price to earnings ratio for RTX stock is 156.98.
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 43% 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 (Apr 17, 2024), Raytheon Technologies's share price is $100.75. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $2.24. Therefore, Raytheon Technologies's PE ratio for today is 44.98. PE RATIO(44.98) = STOCK PRICE($100.75) / TTM EPS($2.24)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.