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L3Harris Technologies price to book ratio LHX

Market value divided by the book value of the company's net assets, since 2009.

Today, Oct 23, 2026
2.4×
10-year median
2.4×
Against its 10-year history
51st
percentile: 0 is its lowest day, 100 its highest
10-year range
1.5× to 14.3×
Peer median
7.8×

L3Harris Technologies' price to book ratio is 2.4× as of Oct 23, 2026.

That is above its ten-year median of 2.4×, close to the middle of its last ten years.

Over that time it ranged from 1.5× in Mar 2020 to 14.3× in Sep 2019.

The median for 10 aerospace and defense stocks of a similar size is 7.8×.

Price to book ratio over time

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
2026 so far2.4×2.2×3.5×
20252.8×1.9×2.9×
20242.1×2.1×2.6×
20232.1×1.7×2.2×
20222.2×2.1×2.7×
20212.1×1.7×2.5×
20201.9×1.5×2.2×
20192.0×1.9×14.3×
20184.8×4.7×6.7×
20175.7×4.1×5.8×
20164.2×2.8×4.3×
20153.1×2.2×4.7×
20144.3×3.6×4.7×
20134.6×2.6×4.6×
20123.0×2.0×3.1×
20111.9×1.6×2.8×
20102.5×2.5×3.3×
20093.3×2.9×3.3×

Against its peers

Companies in Aerospace & Defense nearest L3Harris Technologies' size, closest first, today.

CompanyPrice to book ratio
LHXL3Harris Technologies2.4×
HONAHoneywell Aerospacen/m
HEIHEICO8.4×
TDGTransDigmn/m
AXONAxon Enterprise9.3×
HWMHowmet Aerospace12.9×
NOCNorthrop Grumman4.4×
GDGeneral Dynamics3.5×
WWDWoodward7.2×
CWCurtiss-Wright6.2×
LMTLockheed Martin13.9×
Peer median7.8×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on L3Harris Technologies

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.