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Lockheed Martin Corporation (LMT)
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Lockheed Martin Corporation (LMT) PB Ratio: 16.22

Is Lockheed Martin Corporation’s P/B ratio high or low?

Lockheed Martin Corporation's P/B ratio of 16.22 is in line with its 5-year average of 14.99, around the middle of its 5-year range (9.01–23.85).

The P/B ratio for Lockheed Martin Corporation (LMT) is 16.22. It is below its 12-month average by 15.47% (19.19).

LMT PB Ratio Chart

LMT PB Ratio
16.22-3.39% 1Y
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LMT Average PB Ratio Chart

LMT Current vs Average PB Ratio Chart

LMT PB Ratio Metrics

PB RATIO

16.22

PB RATIO AVG TTM

19.19

PB RATIO AVG 3Y

17.04

PB RATIO AVG 5Y

14.99

PB RATIO AVG 10Y

32.30

PB RATIO AVG 15Y

37.48

PB RATIO AVG 20Y

29.58

CURRENT VS TTM AVG

-15.47%

CURRENT VS 3Y AVG

-4.80%

CURRENT VS 5Y AVG

+8.23%

CURRENT VS 10Y AVG

-49.78%

CURRENT VS 15Y AVG

-56.72%

CURRENT VS 20Y AVG

-45.17%

LMT Competitors' PB Ratio

NAMEMARKET CAPPB RATIOTTM3Y5Y
Lockheed Martin Corporation (LMT)16.2219.1917.0414.99
Honeywell International Inc. (HON)$130.57B6.198.238.017.95
Parker-Hannifin Corporation (PH)$111.11B7.727.756.595.75
Eaton Corporation plc (ETN)$146.50B7.437.536.565.48
Automatic Data Processing, Inc. (ADP)$92.38B14.6416.8422.1322.97
Deere & Company (DE)$152.34B5.585.545.265.69
United Parcel Service, Inc. (UPS)$87.79B5.575.266.218.74
Cummins Inc. (CMI)$87.60B7.155.754.644.32
Johnson Controls International plc (JCI)$85.03B6.325.483.783.31
Union Pacific Corporation (UNP)$159.00B8.198.138.939.65

P/B vs. its own history

At 16.22, P/B is in its normal range — richer than 53% of its 20-year range.

20-year low

2.82

median

15.45

20-year high

818.32

cheaperricher

Book Value Analysis

P/B Ratio

16.22

Market Price / Book Value per Share

Lockheed Martin Corporation PB Ratio Formula & Definition

PB Ratio = Market Cap / Total Shareholders' Equity

The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Lockheed Martin Corporation PB Ratio FAQ

What is the P/B ratio for Lockheed Martin Corporation (LMT)?
The P/B ratio for LMT stock is 16.22.
Is Lockheed Martin Corporation's P/B ratio high or low?
Lockheed Martin Corporation's P/B ratio of 16.22 is in line with its 5-year average of 14.99, around the middle of its 5-year range (9.01–23.85).
What is the TTM average P/B ratio for Lockheed Martin Corporation (LMT)?
The TTM average P/B ratio for LMT stock is 19.19.
What is the 3Y average P/B ratio for Lockheed Martin Corporation (LMT)?
The 3Y average P/B ratio for LMT stock is 17.04.
What is the 5Y average P/B ratio for Lockheed Martin Corporation (LMT)?
The 5Y average P/B ratio for LMT stock is 14.99.
What is the 10Y average P/B ratio for Lockheed Martin Corporation (LMT)?
The 10Y average P/B ratio for LMT stock is 32.30.
What is the 15Y average P/B ratio for Lockheed Martin Corporation (LMT)?
The 15Y average P/B ratio for LMT stock is 37.48.
What is the 20Y average P/B ratio for Lockheed Martin Corporation (LMT)?
The 20Y average P/B ratio for LMT stock is 29.58.

Lockheed Martin Corporation PB Ratio History

DATEPB RATIO
2026-06-1016.22
2026-06-0916.36
2026-06-0816.05
2026-06-0516.16
2026-06-0416.02
2026-06-0315.80
2026-06-0215.84
2026-06-0115.94
2026-05-2916.37
2026-05-2816.58
2026-05-2716.39
2026-05-2616.44
2026-05-2216.46
2026-05-2116.13
2026-05-2016.13
2026-05-1916.25
2026-05-1816.30
2026-05-1515.92
2026-05-1416.06
2026-05-1316.04
2026-05-1216.08
2026-05-1115.81
2026-05-0815.63
2026-05-0715.81
2026-05-0615.87
2026-05-0515.70
2026-05-0415.99
2026-05-0115.82
2026-04-3015.98
2026-04-2915.73
2026-04-2815.81
2026-04-2715.84
2026-04-2415.84
2026-04-2316.35
2026-04-2219.16
2026-04-2119.73
2026-04-2020.06
2026-04-1720.43
2026-04-1620.96
2026-04-1521.09
2026-04-1421.10
2026-04-1321.38
2026-04-1021.18
2026-04-0921.53
2026-04-0821.69
2026-04-0721.66
2026-04-0622.01
2026-04-0221.49
2026-04-0121.31
2026-03-3120.85
2026-03-3020.65
2026-03-2721.25
2026-03-2621.65
2026-03-2521.54
2026-03-2421.05
2026-03-2321.26
2026-03-2021.65
2026-03-1922.00
2026-03-1822.16
2026-03-1721.96
2026-03-1622.26
2026-03-1322.29
2026-03-1222.53
2026-03-1122.41
2026-03-1022.47
2026-03-0922.92
2026-03-0623.18
2026-03-0522.60
2026-03-0422.93
2026-03-0323.04
2026-03-0223.35
2026-02-2722.71
2026-02-2622.14
2026-02-2522.34
2026-02-2422.93
2026-02-2322.79
2026-02-2022.71
2026-02-1923.00
2026-02-1822.42
2026-02-1722.41
2026-02-1322.52
2026-02-1221.99
2026-02-1121.69
2026-02-1021.72
2026-02-0922.02
2026-02-0621.52
2026-02-0521.02
2026-02-0420.80
2026-02-0321.68
2026-02-0221.94
2026-01-3021.88
2026-01-2921.48
2026-01-2822.50
2026-01-2722.41
2026-01-2621.91
2026-01-2322.25
2026-01-2222.37
2026-01-2122.08
2026-01-2021.70
2026-01-1621.94
2026-01-1521.77
2026-01-1421.57
2026-01-1321.03
2026-01-1220.76
2026-01-0920.45
2026-01-0819.53
2026-01-0718.71
2026-01-0619.66
2026-01-0519.27
2026-01-0218.72
2025-12-3118.22
2025-12-3018.38
2025-12-2918.41
2025-12-2618.19
2025-12-2418.30
2025-12-2318.17
2025-12-2218.21
2025-12-1917.86
2025-12-1817.71
2025-12-1717.88
2025-12-1617.97
2025-12-1518.25
2025-12-1218.09
2025-12-1117.89
2025-12-1017.62
2025-12-0917.58
2025-12-0817.53
2025-12-0517.03
2025-12-0416.89
2025-12-0316.83
2025-12-0216.64
2025-12-0116.54
2025-11-2817.24
2025-11-2617.11
2025-11-2517.04
2025-11-2416.99
2025-11-2117.35
2025-11-2017.64
2025-11-1917.70
2025-11-1817.88
2025-11-1717.73
2025-11-1417.54
2025-11-1317.17
2025-11-1217.21
2025-11-1117.21
2025-11-1017.03
2025-11-0717.26
2025-11-0617.66
2025-11-0517.82
2025-11-0418.27
2025-11-0318.38
2025-10-3118.53
2025-10-3018.44
2025-10-2918.28
2025-10-2818.30
2025-10-2718.34
2025-10-2418.28
2025-10-2318.38
2025-10-2218.35
2025-10-2118.44
2025-10-2022.22
2025-10-1721.75
2025-10-1621.67
2025-10-1521.94
2025-10-1422.19
2025-10-1322.13
2025-10-1022.18
2025-10-0922.30
2025-10-0822.58
2025-10-0722.45
2025-10-0622.59
2025-10-0322.16
2025-10-0221.93
2025-10-0121.92
2025-09-3021.93
2025-09-2921.61
2025-09-2621.41
2025-09-2521.28
2025-09-2421.36
2025-09-2321.38
2025-09-2221.10
2025-09-1920.77
2025-09-1820.80
2025-09-1720.78
2025-09-1620.83
2025-09-1520.79
2025-09-1220.70
2025-09-1120.68
2025-09-1020.38
2025-09-0920.08
2025-09-0820.17
2025-09-0520.38
2025-09-0420.07
2025-09-0319.73
2025-09-0219.88
2025-08-2920.01
2025-08-2820.04
2025-08-2719.96
2025-08-2620.01
2025-08-2519.67
2025-08-2219.60
2025-08-2119.64
2025-08-2019.59
2025-08-1919.38
2025-08-1819.36
2025-08-1519.22
2025-08-1419.21
2025-08-1319.44
2025-08-1218.96
2025-08-1118.72
2025-08-0818.70
2025-08-0718.92
2025-08-0619.10
2025-08-0518.81
2025-08-0418.61
2025-08-0118.49
2025-07-3118.49
2025-07-3018.39
2025-07-2918.45
2025-07-2818.51
2025-07-2518.50
2025-07-2418.47
2025-07-2318.42
2025-07-2218.04
2025-07-2116.21
2025-07-1816.34
2025-07-1716.52
2025-07-1616.60
2025-07-1516.55
2025-07-1416.67
2025-07-1116.46
2025-07-1016.35
2025-07-0916.30
2025-07-0816.30
2025-07-0716.52
2025-07-0316.28
2025-07-0216.29
2025-07-0116.41
2025-06-3016.31
2025-06-2716.15
2025-06-2616.12
2025-06-2516.14
2025-06-2416.20
2025-06-2316.63
2025-06-2016.57
2025-06-1816.50
2025-06-1716.88
2025-06-1616.44
2025-06-1317.13
2025-06-1216.52
2025-06-1116.08
2025-06-1016.79
2025-06-0916.93
2025-06-0616.96
2025-06-0516.83
2025-06-0416.98
2025-06-0316.91
2025-06-0216.86
2025-05-3016.98
2025-05-2916.68

Showing the most recent 260 of 4,923 data points. The chart above shows the full history.

About Lockheed Martin Corporation

Lockheed Martin Corporation stands as a prominent global security and aerospace enterprise, specializing in the comprehensive lifecycle of advanced technological systems. Its expertise spans the research, design, development, manufacturing, integration, and ongoing sustainment of cutting-edge products and services across the world. The company's diverse operations are structured into four key segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The Aeronautics division is responsible for creating and producing leading-edge combat and air mobility aircraft, alongside unmanned aerial vehicles and their related innovations. The Missiles and Fire Control segment delivers sophisticated air and missile defense systems; tactical and precision air-to-ground weapon systems; comprehensive logistics; advanced fire control; mission operations, readiness, engineering support, and integration services; both crewed and uncrewed ground vehicles; and energy management solutions. Within the Rotary and Mission Systems segment, the portfolio includes military and commercial helicopters, naval surface ships, land and sea-based missile defense systems, advanced radar technologies, maritime and airborne mission and combat systems, intricate command and control solutions, cybersecurity services, and simulation and training platforms. The Space division focuses on satellites, space transportation systems, strategic, advanced strike, and defensive missile systems, as well as classified systems and services vital for national security. This segment further enhances situational awareness through network enablement, integrating space and ground-based systems to empower customers in gathering, analyzing, and securely distributing crucial intelligence data. Lockheed Martin primarily serves the United States government, alongside fulfilling foreign military sales facilitated through U.S. government contracts. Established in 1912, the corporation maintains its headquarters in Bethesda, Maryland.

Bethesda, MD
121,000 employees
Industrials / Aerospace & Defense
Sector
Industrials
Industry
Aerospace & Defense
CEO
James D. Taiclet Jr.