P/E ratio for Honeywell Automation India (HONAUT.NS)
P/E ratio as of April 2025 (TTM): 65.1
According to Honeywell Automation India's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 65.0952. At the end of 2022 the company had a P/E ratio of 92.5.
P/E ratio history for Honeywell Automation India from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 92.5 | -8.1% |
| 2021 | 101 | 43.31% |
| 2020 | 70.2 | 34.67% |
| 2019 | 52.1 | -10.68% |
| 2018 | 58.4 | -21.1% |
| 2017 | 74.0 | 97.39% |
| 2016 | 37.5 | |
| 2013 | 28.5 | -1.06% |
| 2012 | 28.8 |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.