Rolls-Royce Rockets 40%+ in 2 Years: Jet Engine Boom and £11B Submarine Deal Fuel Rally
Current Stock Performance (Oct 2025) Rolls-Royce shares are at multi‑year highs after a remarkable rally. On Oct 3, 2025 the stock was around 1,176.5p reuters.com, near its all-time peak (1,196p) reuters.com. This compares with only ~520p a year ago – a +124% gain nasdaq.com. The 2‑year surge is roughly +400%, reflecting a turnaround since mid‑2023 reuters.com. The stock trades at a market‑leading valuation (P/E ~17×) that still trails U.S. peers (e.g. GE’s ~21×), reflecting rapid earnings growth reuters.com nasdaq.com. YTD, RR.L has handily outperformed the FTSE 100 (the broader index hit record highs at quarter‑end reuters.com) and sector indexes. Trading volume