Lockheed Martin Corp P/B Ratio
Data as of October 02, 2026
P/B Ratio
17.22
Stock Price
$505.50
Book Value/Share
$29.35
Sector
Aerospace & Defense
How It's Calculated
17.22 = $505.50 ÷ $29.35
What This Means
Lockheed Martin Corp's P/B ratio of 17.22 is above 6. Asset-light business models and unrecognized intangible assets can make book value a limited denominator; the multiple alone does not determine fair value.
About Lockheed Martin Corp
Lockheed Martin Corp (LMT) operates in the Aerospace & Defense sector, specifically in Aerospace & Defense. With a market capitalization of about $117.01B, it ranks as a large-cap stock — a major established company.
Shares recently traded near $505.50, within a 52-week range of $437.25 to $692.00 (-27.0% from the high, +15.6% from the low). Beta of 0.13 indicates relatively lower volatility versus the market.
Trailing profit margin is about 8.2%, signaling modest profitability that investors should weigh against growth plans.
Understanding This Metric
The price-to-book ratio compares market price to net asset value per share. For Lockheed Martin Corp, P/B is especially useful when earnings are volatile or temporarily depressed. In Aerospace & Defense, asset-heavy business models often anchor closer to book value, while asset-light models may trade far above book.
Sector Comparison
Among Aerospace & Defense names on our S&P 100 coverage, Lockheed Martin Corp's P/B ratio of 17.22 can be compared with peers such as GE (17.54), RTX (3.81), BA (27.66). Sector context helps interpretation, but each company's growth profile and balance sheet differ — use multiple metrics before drawing conclusions. View all Aerospace & Defense stocks.
Key Takeaways
- LMT is grouped in the Aerospace & Defense sector for peer comparisons.
- Recent beta of 0.13 suggests lower-than-market price sensitivity.
- Trailing profit margin of 8.2% provides context for how much earnings support the headline multiple.
Related Tools & Guides
Explore calculators and guides connected to this metric, or view all metrics for LMT.
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Frequently Asked Questions
What does LMT's price-to-book ratio indicate?
P/B compares share price to book value per share. Lockheed Martin Corp's P/B of 17.22 reflects how the market prices net assets — especially relevant for asset-heavy Aerospace & Defense business models.
Is 17.22 above or below book value?
A P/B above 1.0 (17.22) means the market values LMT above accounting book value — often due to brands, growth, or intangible assets.
How does P/B compare within Aerospace & Defense?
Peer P/B levels in Aerospace & Defense (e.g. BA (27.66), GE (17.54), RTX (3.81)) provide context; asset-light vs asset-heavy models differ materially.
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