Lockheed Martin Corp. (LMT)
Price to Book Value (P/BV)
since 2005
Low level of difficulty
Calculation
Lockheed Martin Corp., P/BV, long-term trends, calculation
| P/BV | = | Share price1, 2, 3 | ÷ | Book value per share1 (BVPS) | BVPS1 | = | Stockholders’ equity (deficit)1 (in millions) |
÷ | No. shares of common stock outstanding2 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Dec 31, 2018 | 61.11 | = | 301.50 | ÷ | 4.93 | 4.93 | = | 1,394 | ÷ | 282,562,534 |
| Dec 31, 2017 | — | = | 341.42 | ÷ | -2.39 | -2.39 | = | -683 | ÷ | 285,570,742 |
| Dec 31, 2016 | 49.61 | = | 258.20 | ÷ | 5.20 | 5.20 | = | 1,511 | ÷ | 290,315,668 |
| Dec 31, 2015 | 21.37 | = | 216.63 | ÷ | 10.14 | 10.14 | = | 3,097 | ÷ | 305,487,347 |
| Dec 31, 2014 | 17.92 | = | 193.02 | ÷ | 10.77 | 10.77 | = | 3,400 | ÷ | 315,583,849 |
| Dec 31, 2013 | 10.65 | = | 162.89 | ÷ | 15.30 | 15.30 | = | 4,918 | ÷ | 321,430,271 |
| Dec 31, 2012 | 727.88 | = | 88.00 | ÷ | 0.12 | 0.12 | = | 39 | ÷ | 322,583,334 |
| Dec 31, 2011 | 28.67 | = | 88.29 | ÷ | 3.08 | 3.08 | = | 1,001 | ÷ | 325,105,500 |
| Dec 31, 2010 | 7.56 | = | 80.11 | ÷ | 10.60 | 10.60 | = | 3,708 | ÷ | 349,855,179 |
| Dec 31, 2009 | 7.00 | = | 76.99 | ÷ | 11.00 | 11.00 | = | 4,129 | ÷ | 375,428,680 |
| Dec 31, 2008 | 9.51 | = | 68.93 | ÷ | 7.25 | 7.25 | = | 2,865 | ÷ | 395,271,609 |
| Dec 31, 2007 | 4.38 | = | 105.16 | ÷ | 24.02 | 24.02 | = | 9,805 | ÷ | 408,122,756 |
| Dec 31, 2006 | 6.23 | = | 101.47 | ÷ | 16.29 | 16.29 | = | 6,884 | ÷ | 422,481,655 |
| Dec 31, 2005 | 4.05 | = | 72.87 | ÷ | 18.01 | 18.01 | = | 7,867 | ÷ | 436,911,542 |
Based on: 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-06), 10-K (filing date: 2017-02-09), 10-K (filing date: 2016-02-24), 10-K (filing date: 2015-02-09), 10-K (filing date: 2014-02-14), 10-K (filing date: 2013-02-28), 10-K (filing date: 2012-02-23), 10-K (filing date: 2011-02-25), 10-K (filing date: 2010-02-25), 10-K (filing date: 2009-02-26), 10-K (filing date: 2008-02-28), 10-K (filing date: 2007-02-26), 10-K (filing date: 2006-02-28).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Lockheed Martin Corp.’s Annual Report.
Comparison to Competitors
Lockheed Martin Corp., P/BV, long-term trends, comparison to competitors
| Lockheed Martin Corp. | Boeing Co. | General Dynamics Corp. | Northrop Grumman Corp. | Raytheon Co. | United Technologies Corp. | |
|---|---|---|---|---|---|---|
| Dec 31, 2018 | 61.11 | 674.83 | 4.26 | 5.71 | 4.45 | 2.71 |
| Dec 31, 2017 | — | 569.92 | 5.44 | 8.36 | 6.16 | 3.38 |
| Dec 31, 2016 | 49.61 | 122.80 | 5.05 | 7.62 | 4.42 | 3.22 |
| Dec 31, 2015 | 21.37 | 12.17 | 3.83 | 6.18 | 3.74 | 2.59 |
| Dec 31, 2014 | 17.92 | 12.04 | 3.84 | 4.37 | 3.46 | 3.49 |
| Dec 31, 2013 | 10.65 | 6.50 | 2.46 | 2.31 | 2.69 | 3.14 |
| Dec 31, 2012 | 727.88 | 9.78 | 2.07 | 1.62 | 2.19 | 3.18 |
| Dec 31, 2011 | 28.67 | 16.10 | 1.91 | 1.48 | 2.09 | 3.48 |
| Dec 31, 2010 | 7.56 | 19.33 | 2.19 | 1.54 | 1.87 | 3.65 |
| Dec 31, 2009 | 7.00 | 20.59 | 2.25 | 1.42 | 2.17 | 3.12 |
| Dec 31, 2008 | 9.51 | — | 1.95 | 1.22 | 1.89 | 2.82 |
| Dec 31, 2007 | 4.38 | 7.24 | 2.86 | 1.55 | 2.26 | 3.28 |
| Dec 31, 2006 | 6.23 | 15.15 | 3.26 | 1.59 | 2.22 | 3.92 |
| Dec 31, 2005 | 4.05 | 5.26 | 3.14 | 1.37 | 1.83 | 3.39 |
Based on: 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-06), 10-K (filing date: 2017-02-09), 10-K (filing date: 2016-02-24), 10-K (filing date: 2015-02-09), 10-K (filing date: 2014-02-14), 10-K (filing date: 2013-02-28), 10-K (filing date: 2012-02-23), 10-K (filing date: 2011-02-25), 10-K (filing date: 2010-02-25), 10-K (filing date: 2009-02-26), 10-K (filing date: 2008-02-28), 10-K (filing date: 2007-02-26), 10-K (filing date: 2006-02-28).
Comparison to Sector (Aerospace & Defense)
Lockheed Martin Corp., P/BV, long-term trends, comparison to sector (aerospace & defense)
| Lockheed Martin Corp. | Aerospace & Defense | |
|---|---|---|
| Dec 31, 2018 | 61.11 | 7.91 |
| Dec 31, 2017 | — | 10.09 |
| Dec 31, 2016 | 49.61 | 7.19 |
| Dec 31, 2015 | 21.37 | 5.18 |
| Dec 31, 2014 | 17.92 | 5.34 |
| Dec 31, 2013 | 10.65 | 3.86 |
| Dec 31, 2012 | 727.88 | 3.70 |
| Dec 31, 2011 | 28.67 | 3.77 |
| Dec 31, 2010 | 7.56 | 3.53 |
| Dec 31, 2009 | 7.00 | 3.31 |
| Dec 31, 2008 | 9.51 | 3.18 |
| Dec 31, 2007 | 4.38 | 3.26 |
| Dec 31, 2006 | 6.23 | 3.99 |
| Dec 31, 2005 | 4.05 | 3.01 |
Based on: 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-06), 10-K (filing date: 2017-02-09), 10-K (filing date: 2016-02-24), 10-K (filing date: 2015-02-09), 10-K (filing date: 2014-02-14), 10-K (filing date: 2013-02-28), 10-K (filing date: 2012-02-23), 10-K (filing date: 2011-02-25), 10-K (filing date: 2010-02-25), 10-K (filing date: 2009-02-26), 10-K (filing date: 2008-02-28), 10-K (filing date: 2007-02-26), 10-K (filing date: 2006-02-28).
Comparison to Industry (Industrials)
Lockheed Martin Corp., P/BV, long-term trends, comparison to industry (industrials)
| Lockheed Martin Corp. | Industrials | |
|---|---|---|
| Dec 31, 2018 | 61.11 | 6.35 |
| Dec 31, 2017 | — | 6.01 |
| Dec 31, 2016 | 49.61 | 5.41 |
| Dec 31, 2015 | 21.37 | 4.16 |
| Dec 31, 2014 | 17.92 | 3.99 |
| Dec 31, 2013 | 10.65 | 3.30 |
| Dec 31, 2012 | 727.88 | 3.11 |
| Dec 31, 2011 | 28.67 | 3.06 |
| Dec 31, 2010 | 7.56 | 3.06 |
| Dec 31, 2009 | 7.00 | 2.56 |
| Dec 31, 2008 | 9.51 | 2.14 |
| Dec 31, 2007 | 4.38 | 3.42 |
| Dec 31, 2006 | 6.23 | 3.65 |
| Dec 31, 2005 | 4.05 | 3.37 |
Based on: 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-06), 10-K (filing date: 2017-02-09), 10-K (filing date: 2016-02-24), 10-K (filing date: 2015-02-09), 10-K (filing date: 2014-02-14), 10-K (filing date: 2013-02-28), 10-K (filing date: 2012-02-23), 10-K (filing date: 2011-02-25), 10-K (filing date: 2010-02-25), 10-K (filing date: 2009-02-26), 10-K (filing date: 2008-02-28), 10-K (filing date: 2007-02-26), 10-K (filing date: 2006-02-28).