L3Harris Technologies Inc LHX

237.69 (0.35) (0.15%) as of 25 Sep
Market cap
$44.5B
P/E
23.9×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

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

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))

The full definition of P/B ratio →

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