Price to Book Value (P/BV)
since 2005
Calculation
Northrop Grumman Corp., P/BV, long-term trends, calculation
| P/BV | = | Share price1, 2, 3 | ÷ | Book value per share1 (BVPS) | BVPS1 | = | Shareholders’ equity1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dec 31, 2019 | 7.32 | = | 384.87 | ÷ | 52.61 | 52.61 | = | 8,819 | ÷ | 167,637,130 | |
| Dec 31, 2018 | 5.71 | = | 275.55 | ÷ | 48.23 | 48.23 | = | 8,187 | ÷ | 169,737,507 | |
| Dec 31, 2017 | 8.36 | = | 338.34 | ÷ | 40.49 | 40.49 | = | 7,048 | ÷ | 174,087,585 | |
| Dec 31, 2016 | 7.62 | = | 229.48 | ÷ | 30.12 | 30.12 | = | 5,259 | ÷ | 174,599,406 | |
| Dec 31, 2015 | 6.18 | = | 188.64 | ÷ | 30.52 | 30.52 | = | 5,522 | ÷ | 180,943,220 | |
| Dec 31, 2014 | 4.37 | = | 159.19 | ÷ | 36.47 | 36.47 | = | 7,235 | ÷ | 198,405,799 | |
| Dec 31, 2013 | 2.31 | = | 113.25 | ÷ | 49.00 | 49.00 | = | 10,620 | ÷ | 216,737,248 | |
| Dec 31, 2012 | 1.62 | = | 64.88 | ÷ | 40.12 | 40.12 | = | 9,514 | ÷ | 237,126,501 | |
| Dec 31, 2011 | 1.48 | = | 60.50 | ÷ | 40.91 | 40.91 | = | 10,336 | ÷ | 252,631,776 | |
| Dec 31, 2010 | 1.54 | = | 71.87 | ÷ | 46.54 | 46.54 | = | 13,557 | ÷ | 291,312,990 | |
| Dec 31, 2009 | 1.42 | = | 59.55 | ÷ | 41.90 | 41.90 | = | 12,687 | ÷ | 302,771,417 | |
| Dec 31, 2008 | 1.22 | = | 44.54 | ÷ | 36.43 | 36.43 | = | 11,920 | ÷ | 327,180,490 | |
| Dec 31, 2007 | 1.55 | = | 81.00 | ÷ | 52.34 | 52.34 | = | 17,687 | ÷ | 337,919,384 | |
| Dec 31, 2006 | 1.59 | = | 75.29 | ÷ | 47.44 | 47.44 | = | 16,615 | ÷ | 350,262,436 | |
| Dec 31, 2005 | 1.37 | = | 65.71 | ÷ | 47.98 | 47.98 | = | 16,828 | ÷ | 350,705,853 |
Based on: 10-K (filing date: 2020-01-30), 10-K (filing date: 2019-01-31), 10-K (filing date: 2018-01-29), 10-K (filing date: 2017-01-30), 10-K (filing date: 2016-02-01), 10-K (filing date: 2015-02-02), 10-K (filing date: 2014-02-03), 10-K (filing date: 2013-02-05), 10-K (filing date: 2012-02-08), 10-K (filing date: 2011-02-09), 10-K (filing date: 2010-02-09), 10-K (filing date: 2009-02-10), 10-K (filing date: 2008-02-20), 10-K (filing date: 2007-02-21), 10-K (filing date: 2006-02-17).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Northrop Grumman Corp.’s Annual Report.
Comparison to Competitors
Northrop Grumman Corp., P/BV, long-term trends, comparison to competitors
| Northrop Grumman Corp. | Boeing Co. | General Dynamics Corp. | Lockheed Martin Corp. | Raytheon Technologies Corp. | |
|---|---|---|---|---|---|
| Dec 31, 2019 | 7.32 | — | 3.97 | 39.60 | 3.24 |
| Dec 31, 2018 | 5.71 | 674.83 | 4.26 | 61.11 | 2.71 |
| Dec 31, 2017 | 8.36 | 569.92 | 5.44 | — | 3.38 |
| Dec 31, 2016 | 7.62 | 122.80 | 5.05 | 49.61 | 3.22 |
| Dec 31, 2015 | 6.18 | 12.17 | 3.83 | 21.37 | 2.59 |
| Dec 31, 2014 | 4.37 | 12.04 | 3.84 | 17.92 | 3.49 |
| Dec 31, 2013 | 2.31 | 6.50 | 2.46 | 10.65 | 3.14 |
| Dec 31, 2012 | 1.62 | 9.78 | 2.07 | 727.88 | 3.18 |
| Dec 31, 2011 | 1.48 | 16.10 | 1.91 | 28.67 | 3.48 |
| Dec 31, 2010 | 1.54 | 19.33 | 2.19 | 7.56 | 3.65 |
| Dec 31, 2009 | 1.42 | 20.59 | 2.25 | 7.00 | 3.12 |
| Dec 31, 2008 | 1.22 | — | 1.95 | 9.51 | 2.82 |
| Dec 31, 2007 | 1.55 | 7.24 | 2.86 | 4.38 | 3.28 |
| Dec 31, 2006 | 1.59 | 15.15 | 3.26 | 6.23 | 3.92 |
| Dec 31, 2005 | 1.37 | 5.26 | 3.14 | 4.05 | 3.39 |
Based on: 10-K (filing date: 2020-01-30), 10-K (filing date: 2019-01-31), 10-K (filing date: 2018-01-29), 10-K (filing date: 2017-01-30), 10-K (filing date: 2016-02-01), 10-K (filing date: 2015-02-02), 10-K (filing date: 2014-02-03), 10-K (filing date: 2013-02-05), 10-K (filing date: 2012-02-08), 10-K (filing date: 2011-02-09), 10-K (filing date: 2010-02-09), 10-K (filing date: 2009-02-10), 10-K (filing date: 2008-02-20), 10-K (filing date: 2007-02-21), 10-K (filing date: 2006-02-17).
Comparison to Sector (Aerospace & Defense)
Northrop Grumman Corp., P/BV, long-term trends, comparison to sector (aerospace & defense)
| Northrop Grumman Corp. | Aerospace & Defense | |
|---|---|---|
| Dec 31, 2019 | 7.32 | 9.49 |
| Dec 31, 2018 | 5.71 | 8.57 |
| Dec 31, 2017 | 8.36 | 10.91 |
| Dec 31, 2016 | 7.62 | 7.79 |
| Dec 31, 2015 | 6.18 | 5.45 |
| Dec 31, 2014 | 4.37 | 5.63 |
| Dec 31, 2013 | 2.31 | 4.03 |
| Dec 31, 2012 | 1.62 | 3.93 |
| Dec 31, 2011 | 1.48 | 4.04 |
| Dec 31, 2010 | 1.54 | 3.83 |
| Dec 31, 2009 | 1.42 | 3.52 |
| Dec 31, 2008 | 1.22 | 3.48 |
| Dec 31, 2007 | 1.55 | 3.44 |
| Dec 31, 2006 | 1.59 | 4.35 |
| Dec 31, 2005 | 1.37 | 3.22 |
Based on: 10-K (filing date: 2020-01-30), 10-K (filing date: 2019-01-31), 10-K (filing date: 2018-01-29), 10-K (filing date: 2017-01-30), 10-K (filing date: 2016-02-01), 10-K (filing date: 2015-02-02), 10-K (filing date: 2014-02-03), 10-K (filing date: 2013-02-05), 10-K (filing date: 2012-02-08), 10-K (filing date: 2011-02-09), 10-K (filing date: 2010-02-09), 10-K (filing date: 2009-02-10), 10-K (filing date: 2008-02-20), 10-K (filing date: 2007-02-21), 10-K (filing date: 2006-02-17).
Comparison to Industry (Industrials)
Northrop Grumman Corp., P/BV, long-term trends, comparison to industry (industrials)
| Northrop Grumman Corp. | Industrials | |
|---|---|---|
| Dec 31, 2019 | 7.32 | 7.35 |
| Dec 31, 2018 | 5.71 | 6.80 |
| Dec 31, 2017 | 8.36 | 6.24 |
| Dec 31, 2016 | 7.62 | 5.69 |
| Dec 31, 2015 | 6.18 | 4.29 |
| Dec 31, 2014 | 4.37 | 4.11 |
| Dec 31, 2013 | 2.31 | 3.36 |
| Dec 31, 2012 | 1.62 | 3.19 |
| Dec 31, 2011 | 1.48 | 3.12 |
| Dec 31, 2010 | 1.54 | 3.07 |
| Dec 31, 2009 | 1.42 | 2.54 |
| Dec 31, 2008 | 1.22 | 2.11 |
| Dec 31, 2007 | 1.55 | 3.41 |
| Dec 31, 2006 | 1.59 | 3.65 |
| Dec 31, 2005 | 1.37 | 3.37 |
Based on: 10-K (filing date: 2020-01-30), 10-K (filing date: 2019-01-31), 10-K (filing date: 2018-01-29), 10-K (filing date: 2017-01-30), 10-K (filing date: 2016-02-01), 10-K (filing date: 2015-02-02), 10-K (filing date: 2014-02-03), 10-K (filing date: 2013-02-05), 10-K (filing date: 2012-02-08), 10-K (filing date: 2011-02-09), 10-K (filing date: 2010-02-09), 10-K (filing date: 2009-02-10), 10-K (filing date: 2008-02-20), 10-K (filing date: 2007-02-21), 10-K (filing date: 2006-02-17).