L3Harris Technologies Inc LHX
237.69
(0.35)
(0.15%)
as of 25 Sep
- Market cap
- $44.5B
- P/E
- 23.9×
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L3Harris Technologies Inc (LHX) P/B ratio
As of 25 September 2026, L3Harris Technologies Inc (LHX) trades at a P/B ratio of 2.2×. Over the past ten years it has ranged from 1.5× (March 2020) to 7.6× (September 2019); the current reading is higher than 32% of that period. That is below the Aerospace & Defense industry median of 3.2× and below the Industrials sector median of 2.4×.
P/B ratio, daily
Annual
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 2.8× | 37.45% |
| FY2024 | 2.0× | (3.50%) |
| FY2023 | 2.1× | (0.88%) |
| FY2022 | 2.1× | (4.09%) |
| FY2021 | 2.2× | 14.48% |
| FY2020 | 1.9× | 0.22% |
| FY2019 | 1.9× | (69.10%) |
| FY2019 | 6.3× | 34.92% |
| FY2018 | 4.6× | (11.90%) |
| FY2018 | 5.3× | (6.24%) |
Quarterly
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 2.7× | (16.93%) |
| Mar 2026 | 3.3× | 16.92% |
| Dec 2025 | 2.8× | (4.23%) |
| Sep 2025 | 2.9× | 20.24% |
| 38 more quarters | Free account |
Against its own ten years
Low 1.5×
High 7.6×
Ten-year median
2.5×
Current reading's percentile
32
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| TDG Transdigm Group Incorporated compare | n/m |
| LHX L3Harris Technologies Inc | 2.2× |
| GD General Dynamics Corporation compare | 3.4× |
| NOC Northrop Grumman Corporation compare | 4.1× |
| HEI.A Heico Corporation compare | 6.5× |
| ESLT Elbit Systems Ltd. compare | 8.1× |
| HEI Heico Corporation compare | 8.6× |
| AXON Axon Enterprise, Inc compare | 9.4× |
| RKLB Rocket Lab Corporation compare | 13.3× |
| Aerospace & Defense industry median | 3.2× |
| Industrials sector median | 2.4× |
| Market median | 1.8× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on LHX
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement