Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the P/E ratio high or low?
The P/E ratio of 18.34 is in line with its 5-year average of 19.40, around the middle of its 5-year range (8.52–35.51).
As of Wednesday, August 12, 2026. 11.51% below its 12-month average of 20.72.
PE Ratio (18.34) = Close Price ($577.32) / Diluted TTM EPS ($31.48)
PE RATIO
18.34
PE RATIO AVG TTM
20.72
PE RATIO AVG 3Y
23.43
PE RATIO AVG 5Y
19.40
PE RATIO AVG 10Y
19.75
PE RATIO AVG 15Y
16.75
PE RATIO AVG 20Y
15.43
CURRENT VS TTM AVG
-11.51%
CURRENT VS 3Y AVG
-21.72%
CURRENT VS 5Y AVG
-5.46%
CURRENT VS 10Y AVG
-7.14%
CURRENT VS 15Y AVG
+9.47%
CURRENT VS 20Y AVG
+18.88%
SECTOR MEDIAN · INDUSTRIALS
30.39
median of 121 covered companies
CURRENT VS SECTOR MEDIAN
-39.65%
vs the sector median at left
Northrop Grumman Corporation
Market Cap
$82.02B
PE Ratio
18.34
TTM Avg
20.72
3Y Avg
23.43
5Y Avg
19.40
Market Cap
$81.48B
PE Ratio
27.67
TTM Avg
24.16
3Y Avg
25.45
5Y Avg
25.48
Market Cap
$76.41B
PE Ratio
22.61
TTM Avg
19.66
3Y Avg
19.47
5Y Avg
20.54
Market Cap
$88.29B
PE Ratio
19.41
TTM Avg
15.57
3Y Avg
16.79
5Y Avg
17.25
Market Cap
$75.34B
PE Ratio
28.62
TTM Avg
23.32
3Y Avg
24.61
5Y Avg
22.71
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Northrop Grumman Corporation (NOC) | $82.02B | 18.34 | 20.72 | 23.43 | 19.40 |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $81.48B | 27.67 | 24.16 | 25.45 | 25.48 |
| Cintas Corporation (CTAS)vs › | $81.44B | 41.45 | 41.08 | 45.31 | 41.93 |
| Illinois Tool Works Inc. (ITW)vs › | $84.16B | 26.52 | 24.60 | 23.91 | 24.31 |
| FedEx Corporation (FDX)vs › | $77.31B | 17.82 | 14.54 | 13.25 | 12.59 |
| Canadian National Railway Company (CNI)vs › | $76.41B | 22.61 | 19.66 | 19.47 | 20.54 |
| Cummins Inc. (CMI)vs › | $88.02B | 32.61 | 27.74 | 23.64 | 20.29 |
| United Parcel Service, Inc. (UPS)vs › | $88.29B | 19.41 | 15.57 | 16.79 | 17.25 |
| Norfolk Southern Corporation (NSC)vs › | $75.34B | 28.62 | 23.32 | 24.61 | 22.71 |
| Honeywell International Inc. (HON)vs › | $74.59B | 8.71 | 12.83 | 12.38 | 12.71 |
At 18.3, P/E is above its 20-year median — higher than 70% of readings in its 20-year history.
20-year low
6.1
median
15.3
20-year high
35.5
Trailing P/E
18.3
Forward P/E
20.0
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$577.32
Forward EPS (Est.)
$28.84
Forward P/E
20.02
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PE RATIO |
|---|---|
| 2026-08-12 | 18.34 |
| 2026-08-11 | 18.29 |
| 2026-08-10 | 18.36 |
| 2026-08-07 | 18.16 |
| 2026-08-06 | 18.03 |
| 2026-08-05 | 17.71 |
| 2026-08-04 | 17.52 |
| 2026-08-03 | 17.42 |
| 2026-07-31 | 17.23 |
| 2026-07-30 | 16.99 |
| 2026-07-29 | 17.00 |
| 2026-07-28 | 17.45 |
| 2026-07-27 | 17.39 |
| 2026-07-24 | 17.22 |
| 2026-07-23 | 16.95 |
| 2026-07-22 | 16.69 |
| 2026-07-21 | 16.27 |
| 2026-07-20 | 16.40 |
| 2026-07-17 | 16.32 |
| 2026-07-16 | 16.23 |
| 2026-07-15 | 16.44 |
| 2026-07-14 | 16.55 |
| 2026-07-13 | 16.96 |
| 2026-07-10 | 16.89 |
| 2026-07-09 | 16.66 |
| 2026-07-08 | 17.06 |
| 2026-07-07 | 17.18 |
| 2026-07-06 | 17.14 |
| 2026-07-02 | 17.18 |
| 2026-07-01 | 16.27 |
| 2026-06-30 | 15.94 |
| 2026-06-29 | 15.52 |
| 2026-06-26 | 15.65 |
| 2026-06-25 | 15.63 |
| 2026-06-24 | 15.74 |
| 2026-06-23 | 16.06 |
| 2026-06-22 | 15.88 |
| 2026-06-18 | 16.32 |
| 2026-06-17 | 17.22 |
| 2026-06-16 | 17.25 |
| 2026-06-15 | 17.05 |
| 2026-06-12 | 17.22 |
| 2026-06-11 | 17.29 |
| 2026-06-10 | 16.97 |
| 2026-06-09 | 17.17 |
| 2026-06-08 | 16.93 |
| 2026-06-05 | 17.04 |
| 2026-06-04 | 17.06 |
| 2026-06-03 | 16.47 |
| 2026-06-02 | 16.79 |
| 2026-06-01 | 16.88 |
| 2026-05-29 | 17.64 |
| 2026-05-28 | 17.51 |
| 2026-05-27 | 17.26 |
| 2026-05-26 | 17.43 |
| 2026-05-22 | 17.39 |
| 2026-05-21 | 17.26 |
| 2026-05-20 | 17.28 |
| 2026-05-19 | 17.41 |
| 2026-05-18 | 17.21 |
| 2026-05-15 | 16.92 |
| 2026-05-14 | 17.17 |
| 2026-05-13 | 17.27 |
| 2026-05-12 | 17.47 |
| 2026-05-11 | 17.16 |
| 2026-05-08 | 17.20 |
| 2026-05-07 | 17.29 |
| 2026-05-06 | 17.49 |
| 2026-05-05 | 17.48 |
| 2026-05-04 | 17.75 |
| 2026-05-01 | 17.78 |
| 2026-04-30 | 18.14 |
| 2026-04-29 | 17.92 |
| 2026-04-28 | 18.09 |
| 2026-04-27 | 18.01 |
| 2026-04-24 | 18.00 |
| 2026-04-23 | 18.39 |
| 2026-04-22 | 18.45 |
| 2026-04-21 | 19.13 |
| 2026-04-20 | 22.55 |
| 2026-04-17 | 22.84 |
| 2026-04-16 | 23.10 |
| 2026-04-15 | 23.30 |
| 2026-04-14 | 23.35 |
| 2026-04-13 | 23.39 |
| 2026-04-10 | 23.13 |
| 2026-04-09 | 23.71 |
| 2026-04-08 | 23.60 |
| 2026-04-07 | 23.70 |
| 2026-04-06 | 23.89 |
| 2026-04-02 | 24.12 |
| 2026-04-01 | 23.93 |
| 2026-03-31 | 23.42 |
| 2026-03-30 | 23.05 |
| 2026-03-27 | 23.31 |
| 2026-03-26 | 23.76 |
| 2026-03-25 | 23.73 |
| 2026-03-24 | 23.42 |
| 2026-03-23 | 23.34 |
| 2026-03-20 | 24.27 |
| 2026-03-19 | 24.52 |
| 2026-03-18 | 24.88 |
| 2026-03-17 | 24.86 |
| 2026-03-16 | 25.26 |
| 2026-03-13 | 25.19 |
| 2026-03-12 | 25.27 |
| 2026-03-11 | 25.17 |
| 2026-03-10 | 25.23 |
| 2026-03-09 | 25.66 |
| 2026-03-06 | 25.96 |
| 2026-03-05 | 25.40 |
| 2026-03-04 | 25.88 |
| 2026-03-03 | 26.06 |
| 2026-03-02 | 26.37 |
| 2026-02-27 | 24.87 |
| 2026-02-26 | 24.40 |
| 2026-02-25 | 24.16 |
| 2026-02-24 | 24.98 |
| 2026-02-23 | 24.90 |
| 2026-02-20 | 24.84 |
| 2026-02-19 | 25.30 |
| 2026-02-18 | 24.88 |
| 2026-02-17 | 24.07 |
| 2026-02-13 | 24.12 |
| 2026-02-12 | 23.86 |
| 2026-02-11 | 23.30 |
| 2026-02-10 | 23.52 |
| 2026-02-09 | 23.96 |
| 2026-02-06 | 24.34 |
| 2026-02-05 | 23.91 |
| 2026-02-04 | 23.68 |
| 2026-02-03 | 24.20 |
| 2026-02-02 | 23.52 |
| 2026-01-30 | 23.76 |
| 2026-01-29 | 23.87 |
| 2026-01-28 | 23.66 |
| 2026-01-27 | 23.30 |
| 2026-01-26 | 23.78 |
| 2026-01-23 | 24.21 |
| 2026-01-22 | 24.12 |
| 2026-01-21 | 23.89 |
| 2026-01-20 | 23.64 |
| 2026-01-16 | 23.99 |
| 2026-01-15 | 23.55 |
| 2026-01-14 | 23.49 |
| 2026-01-13 | 22.50 |
| 2026-01-12 | 22.64 |
| 2026-01-09 | 22.26 |
| 2026-01-08 | 21.25 |
| 2026-01-07 | 20.76 |
| 2026-01-06 | 21.96 |
| 2026-01-05 | 21.99 |
| 2026-01-02 | 21.07 |
| 2025-12-31 | 20.51 |
| 2025-12-30 | 20.67 |
| 2025-12-29 | 20.78 |
| 2025-12-26 | 20.77 |
| 2025-12-24 | 20.95 |
| 2025-12-23 | 20.87 |
| 2025-12-22 | 21.03 |
| 2025-12-19 | 20.45 |
| 2025-12-18 | 20.13 |
| 2025-12-17 | 20.29 |
| 2025-12-16 | 20.46 |
| 2025-12-15 | 20.71 |
| 2025-12-12 | 20.49 |
| 2025-12-11 | 20.15 |
| 2025-12-10 | 19.98 |
| 2025-12-09 | 19.81 |
| 2025-12-08 | 19.91 |
| 2025-12-05 | 19.75 |
| 2025-12-04 | 19.89 |
| 2025-12-03 | 19.90 |
| 2025-12-02 | 19.68 |
| 2025-12-01 | 19.62 |
| 2025-11-28 | 20.58 |
| 2025-11-26 | 20.40 |
| 2025-11-25 | 20.48 |
| 2025-11-24 | 20.34 |
| 2025-11-21 | 20.38 |
| 2025-11-20 | 20.41 |
| 2025-11-19 | 20.32 |
| 2025-11-18 | 20.39 |
| 2025-11-17 | 20.25 |
| 2025-11-14 | 20.07 |
| 2025-11-13 | 20.07 |
| 2025-11-12 | 20.09 |
| 2025-11-11 | 20.39 |
| 2025-11-10 | 20.25 |
| 2025-11-07 | 20.45 |
| 2025-11-06 | 20.57 |
| 2025-11-05 | 20.52 |
| 2025-11-04 | 20.76 |
| 2025-11-03 | 20.70 |
| 2025-10-31 | 20.99 |
| 2025-10-30 | 20.81 |
| 2025-10-29 | 21.04 |
| 2025-10-28 | 21.40 |
| 2025-10-27 | 21.44 |
| 2025-10-24 | 21.78 |
| 2025-10-23 | 21.79 |
| 2025-10-22 | 21.46 |
| 2025-10-21 | 21.56 |
| 2025-10-20 | 22.19 |
| 2025-10-17 | 21.91 |
| 2025-10-16 | 22.08 |
| 2025-10-15 | 22.44 |
| 2025-10-14 | 23.11 |
| 2025-10-13 | 22.81 |
| 2025-10-10 | 22.98 |
| 2025-10-09 | 23.41 |
| 2025-10-08 | 23.51 |
| 2025-10-07 | 22.91 |
| 2025-10-06 | 22.80 |
| 2025-10-03 | 22.47 |
| 2025-10-02 | 22.30 |
| 2025-10-01 | 22.32 |
| 2025-09-30 | 22.46 |
| 2025-09-29 | 21.89 |
| 2025-09-26 | 21.91 |
| 2025-09-25 | 21.59 |
| 2025-09-24 | 21.61 |
| 2025-09-23 | 21.27 |
| 2025-09-22 | 21.24 |
| 2025-09-19 | 21.12 |
| 2025-09-18 | 21.15 |
| 2025-09-17 | 21.27 |
| 2025-09-16 | 21.35 |
| 2025-09-15 | 21.18 |
| 2025-09-12 | 21.23 |
| 2025-09-11 | 21.49 |
| 2025-09-10 | 21.37 |
| 2025-09-09 | 21.07 |
| 2025-09-08 | 21.45 |
| 2025-09-05 | 21.41 |
| 2025-09-04 | 21.37 |
| 2025-09-03 | 21.42 |
| 2025-09-02 | 21.72 |
| 2025-08-29 | 21.75 |
| 2025-08-28 | 21.67 |
| 2025-08-27 | 21.62 |
| 2025-08-26 | 21.86 |
| 2025-08-25 | 21.63 |
| 2025-08-22 | 21.84 |
| 2025-08-21 | 22.01 |
| 2025-08-20 | 21.84 |
| 2025-08-19 | 21.61 |
| 2025-08-18 | 21.56 |
| 2025-08-15 | 21.52 |
| 2025-08-14 | 21.52 |
| 2025-08-13 | 21.46 |
| 2025-08-12 | 21.41 |
| 2025-08-11 | 21.39 |
| 2025-08-08 | 21.42 |
| 2025-08-07 | 21.65 |
| 2025-08-06 | 21.72 |
| 2025-08-05 | 21.75 |
| 2025-08-04 | 21.74 |
| 2025-08-01 | 21.62 |
| 2025-07-31 | 21.25 |
Showing the most recent 260 of 4,780 data points. The chart above shows the full history.