Price to Book Value (P/BV)
since 2005
Calculation
Lockheed Martin Corp., P/BV, long-term trends, calculation
| P/BV | = | Share price1, 2, 3 | ÷ | Book value per share1 (BVPS) | BVPS1 | = | Stockholders’ equity (deficit)1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Jan 23, 2024 | 15.54 | = | 439.67 | ÷ | 28.29 | 28.29 | = | 6,835 | ÷ | 241,643,304 | |
| Jan 26, 2023 | 12.67 | = | 459.81 | ÷ | 36.29 | 36.29 | = | 9,266 | ÷ | 255,297,298 | |
| Jan 25, 2022 | 9.62 | = | 387.17 | ÷ | 40.24 | 40.24 | = | 10,959 | ÷ | 272,326,925 | |
| Jan 28, 2021 | 15.27 | = | 327.93 | ÷ | 21.47 | 21.47 | = | 6,015 | ÷ | 280,103,431 | |
| Feb 7, 2020 | 39.60 | = | 439.17 | ÷ | 11.09 | 11.09 | = | 3,127 | ÷ | 281,937,366 | |
| Feb 8, 2019 | 61.11 | = | 301.50 | ÷ | 4.93 | 4.93 | = | 1,394 | ÷ | 282,562,534 | |
| Feb 6, 2018 | — | = | 341.42 | ÷ | -2.39 | -2.39 | = | -683 | ÷ | 285,570,742 | |
| Feb 9, 2017 | 49.61 | = | 258.20 | ÷ | 5.20 | 5.20 | = | 1,511 | ÷ | 290,315,668 | |
| Feb 24, 2016 | 21.37 | = | 216.63 | ÷ | 10.14 | 10.14 | = | 3,097 | ÷ | 305,487,347 | |
| Feb 9, 2015 | 17.92 | = | 193.02 | ÷ | 10.77 | 10.77 | = | 3,400 | ÷ | 315,583,849 | |
| Feb 14, 2014 | 10.65 | = | 162.89 | ÷ | 15.30 | 15.30 | = | 4,918 | ÷ | 321,430,271 | |
| Feb 28, 2013 | 727.88 | = | 88.00 | ÷ | 0.12 | 0.12 | = | 39 | ÷ | 322,583,334 | |
| Feb 23, 2012 | 28.67 | = | 88.29 | ÷ | 3.08 | 3.08 | = | 1,001 | ÷ | 325,105,500 | |
| Feb 25, 2011 | 7.56 | = | 80.11 | ÷ | 10.60 | 10.60 | = | 3,708 | ÷ | 349,855,179 | |
| Feb 25, 2010 | 7.00 | = | 76.99 | ÷ | 11.00 | 11.00 | = | 4,129 | ÷ | 375,428,680 | |
| Feb 26, 2009 | 9.51 | = | 68.93 | ÷ | 7.25 | 7.25 | = | 2,865 | ÷ | 395,271,609 | |
| Feb 28, 2008 | 4.38 | = | 105.16 | ÷ | 24.02 | 24.02 | = | 9,805 | ÷ | 408,122,756 | |
| Feb 26, 2007 | 6.23 | = | 101.47 | ÷ | 16.29 | 16.29 | = | 6,884 | ÷ | 422,481,655 | |
| Feb 28, 2006 | 4.05 | = | 72.87 | ÷ | 18.01 | 18.01 | = | 7,867 | ÷ | 436,911,542 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Lockheed Martin Corp. Annual Report.
Comparison to Competitors
Lockheed Martin Corp., P/BV, long-term trends, comparison to competitors
| Lockheed Martin Corp. | Boeing Co. | Caterpillar Inc. | Eaton Corp. plc | GE Aerospace | Honeywell International Inc. | RTX Corp. | |
|---|---|---|---|---|---|---|---|
| Jan 23, 2024 | 15.54 | — | 8.25 | 6.07 | 5.43 | 8.11 | 2.05 |
| Jan 26, 2023 | 12.67 | — | 8.09 | 4.04 | 2.43 | 8.02 | 1.97 |
| Jan 25, 2022 | 9.62 | — | 6.62 | 3.63 | 2.64 | 6.91 | 1.95 |
| Jan 28, 2021 | 15.27 | — | 7.20 | 3.54 | 2.89 | 8.07 | 1.53 |
| Feb 7, 2020 | 39.60 | — | 5.16 | 2.48 | 3.66 | 6.97 | 3.24 |
| Feb 8, 2019 | 61.11 | 674.83 | 5.44 | 2.12 | 3.00 | 5.96 | 2.71 |
| Feb 6, 2018 | — | 569.92 | 6.98 | 2.06 | 1.96 | 6.44 | 3.38 |
| Feb 9, 2017 | 49.61 | 122.80 | 4.42 | 2.19 | 3.47 | 4.79 | 3.22 |
| Feb 24, 2016 | 21.37 | 12.17 | 2.56 | 1.72 | 2.79 | 4.35 | 2.59 |
| Feb 9, 2015 | 17.92 | 12.04 | 3.09 | 2.13 | 2.04 | 4.63 | 3.49 |
| Feb 14, 2014 | 10.65 | 6.50 | 2.96 | 2.15 | 1.96 | 4.25 | 3.14 |
| Feb 28, 2013 | 727.88 | 9.78 | 3.57 | 1.94 | 1.95 | 4.24 | 3.18 |
| Feb 23, 2012 | 28.67 | 16.10 | 5.78 | 2.32 | 1.75 | 4.31 | 3.48 |
| Feb 25, 2011 | 7.56 | 19.33 | 6.02 | 2.47 | 1.86 | 4.26 | 3.65 |
| Feb 25, 2010 | 7.00 | 20.59 | 4.16 | 1.67 | 1.47 | 3.27 | 3.12 |
| Feb 26, 2009 | 9.51 | — | 2.63 | 0.95 | 1.10 | 3.38 | 2.82 |
| Feb 28, 2008 | 4.38 | 7.24 | 5.00 | 2.28 | 2.97 | 4.52 | 3.28 |
| Feb 26, 2007 | 6.23 | 15.15 | 6.33 | 2.88 | 3.17 | 3.94 | 3.92 |
| Feb 28, 2006 | 4.05 | 5.26 | 5.81 | 2.73 | 3.15 | 3.05 | 3.39 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Capital Goods)
Lockheed Martin Corp., P/BV, long-term trends, comparison to sector (capital goods)
| Lockheed Martin Corp. | Capital Goods | |
|---|---|---|
| Jan 23, 2024 | 15.54 | 6.94 |
| Jan 26, 2023 | 12.67 | 5.31 |
| Jan 25, 2022 | 9.62 | 4.77 |
| Jan 28, 2021 | 15.27 | 5.05 |
| Feb 7, 2020 | 39.60 | 6.91 |
| Feb 8, 2019 | 61.11 | 6.11 |
| Feb 6, 2018 | — | 5.42 |
| Feb 9, 2017 | 49.61 | 4.64 |
| Feb 24, 2016 | 21.37 | 3.45 |
| Feb 9, 2015 | 17.92 | 3.17 |
| Feb 14, 2014 | 10.65 | 2.85 |
| Feb 28, 2013 | 727.88 | 2.77 |
| Feb 23, 2012 | 28.67 | 2.89 |
| Feb 25, 2011 | 7.56 | 2.90 |
| Feb 25, 2010 | 7.00 | 2.29 |
| Feb 26, 2009 | 9.51 | 1.86 |
| Feb 28, 2008 | 4.38 | 3.46 |
| Feb 26, 2007 | 6.23 | 3.91 |
| Feb 28, 2006 | 4.05 | 3.47 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Industrials)
Lockheed Martin Corp., P/BV, long-term trends, comparison to industry (industrials)
| Lockheed Martin Corp. | Industrials | |
|---|---|---|
| Jan 23, 2024 | 15.54 | 7.09 |
| Jan 26, 2023 | 12.67 | 5.60 |
| Jan 25, 2022 | 9.62 | 5.49 |
| Jan 28, 2021 | 15.27 | 5.98 |
| Feb 7, 2020 | 39.60 | 6.61 |
| Feb 8, 2019 | 61.11 | 6.18 |
| Feb 6, 2018 | — | 5.53 |
| Feb 9, 2017 | 49.61 | 5.00 |
| Feb 24, 2016 | 21.37 | 3.75 |
| Feb 9, 2015 | 17.92 | 3.63 |
| Feb 14, 2014 | 10.65 | 3.11 |
| Feb 28, 2013 | 727.88 | 3.02 |
| Feb 23, 2012 | 28.67 | 3.08 |
| Feb 25, 2011 | 7.56 | 3.03 |
| Feb 25, 2010 | 7.00 | 2.39 |
| Feb 26, 2009 | 9.51 | 1.98 |
| Feb 28, 2008 | 4.38 | 3.47 |
| Feb 26, 2007 | 6.23 | 3.76 |
| Feb 28, 2006 | 4.05 | 3.45 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).