Lockheed Martin Corporation P/B Ratio
Data as of June 01, 2026
P/B Ratio
16.29
Stock Price
$530.45
Book Value/Share
$32.56
Sector
Industrials
How It's Calculated
16.29 = $530.45 ÷ $32.56
What This Means
Lockheed Martin Corporation's P/B ratio of 16.29 is significantly elevated, often seen in asset-light businesses like tech or services where intangible assets drive most of the value.
About Lockheed Martin Corporation
Lockheed Martin Corporation (LMT) operates in the Industrials sector, specifically in Aerospace & Defense. With a market capitalization of about $122.30B, it ranks as a large-cap stock — a major established company.
Shares recently traded near $530.45, within a 52-week range of $410.11 to $692.00 (-23.3% from the high, +29.3% from the low). Beta of 0.10 indicates relatively lower volatility versus the market.
Trailing profit margin is about 6.4%, signaling modest profitability that investors should weigh against growth plans.
Understanding This Metric
The price-to-book ratio compares market price to net asset value per share. For Lockheed Martin Corporation, P/B is especially useful when earnings are volatile or temporarily depressed. In Industrials, asset-heavy business models often anchor closer to book value, while asset-light models may trade far above book.
Sector Comparison
Among Industrials names on our S&P 100 coverage, Lockheed Martin Corporation's P/B ratio of 16.29 can be compared with peers such as CAT (21.62), GE (18.18), RTX (3.65). Sector context helps interpretation, but each company's growth profile and balance sheet differ — use multiple metrics before drawing conclusions. View all Industrials stocks.
Key Takeaways
- LMT is grouped in the Industrials sector for peer comparisons.
- Recent beta of 0.10 suggests lower-than-market price sensitivity.
- Trailing profit margin of 6.4% provides context for how much earnings support the headline multiple.
Related Tools & Guides
Explore calculators and guides connected to this metric, or view all metrics for LMT.
Other LMT Metrics
Frequently Asked Questions
What does LMT's price-to-book ratio indicate?
P/B compares share price to book value per share. Lockheed Martin Corporation's P/B of 16.29 reflects how the market prices net assets — especially relevant for asset-heavy Industrials business models.
Is 16.29 above or below book value?
A P/B above 1.0 (16.29) means the market values LMT above accounting book value — often due to brands, growth, or intangible assets.
How does P/B compare within Industrials?
Peer P/B levels in Industrials (e.g. BA (30.45), MMM (24.48), CAT (21.62)) provide context; asset-light vs asset-heavy models differ materially.
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