L3Harris Technologies Overview
Valuation check: LHX's P/E ratio is 23.86, below the Industrials sector average of 28.45.
Get informed when a big investor buys or sells
+ Follow23.86
The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.
L3Harris Technologies (LHX) currently reports a P/E ratio of 23.86. That is below the Industrials sector average of 28.45. Use the charts on this page to explore L3Harris Technologies's P/E ratio history and peer comparisons.
L3Harris Technologies's P/E ratio of 23.86 is lower than the Industrials sector average of 28.45. That is roughly 16.1% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
The P/E ratio is a valuation multiple that relates L3Harris Technologies's market price to a fundamental measure such as earnings, sales, or book value. At 23.86, LHX can look expensive or cheap only in context — versus its own history, growth rate, and Industrials peers. Higher multiples often price in stronger expected growth; lower ones can signal value or concern.
Start with the current P/E ratio of 23.86, then check the historical chart for trend and the peer comparison chart for relative positioning. The Industrials average is 28.45. From there, open related valuation or income-statement pages for L3Harris Technologies, and consider following LHX for alerts when major investors trade the stock.
L3Harris Technologies is classified in the Industrials sector. On P/E ratio, it currently shows 23.86 versus a sector average near 28.45. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Industrials are usually more informative than comparing LHX with unrelated industries.
