Northrop Grumman Corporation NOC

510.52 1.54 0.30% as of 25 Sep
Market cap
$72.4B
P/E
16.2×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Northrop Grumman Corporation (NOC) P/B ratio

As of 25 September 2026, Northrop Grumman Corporation (NOC) trades at a P/B ratio of 4.1×. Over the past ten years it has ranged from 4.0× (October 2023) to 8.7× (February 2018); the current reading is higher than 0% of that period. That is above the Aerospace & Defense industry median of 3.2× and above the Industrials sector median of 2.4×.

P/B ratio, daily

Annual

Period P/B ratio Change
FY2025 4.9× 8.77%
FY2024 4.5× (6.27%)
FY2023 4.8× (11.94%)
FY2022 5.5× 13.87%
FY2021 4.8× (0.27%)
FY2020 4.8× (27.11%)
FY2019 6.6× 27.09%
FY2018 5.2× (30.39%)
FY2017 7.5× (6.59%)
FY2016 8.0× 23.39%

Quarterly

Period P/B ratio Change
Jun 2026 4.0× (28.56%)
Mar 2026 5.7× 15.43%
Dec 2025 4.9× (10.02%)
Sep 2025 5.5× 17.44%
42 more quarters

Against its own ten years

Low 4.0× High 8.7×
Ten-year median 5.4×
Current reading's percentile 0

P/B ratio against peers

Company P/B ratio
TDG Transdigm Group Incorporated compare n/m
LHX L3Harris Technologies Inc compare 2.2×
GD General Dynamics Corporation compare 3.4×
NOC Northrop Grumman Corporation 4.1×
HEI.A Heico Corporation compare 6.5×
HEI Heico Corporation compare 8.6×
RKLB Rocket Lab Corporation compare 13.3×
LMT Lockheed Martin Corporation compare 13.6×
HWM Howmet Aerospace Inc. compare 16.2×
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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