Honeywell
HON
#104
Rank
$149.02 B
Marketcap
$229.18
Share price
-0.16%
Change (1 day)
20.47%
Change (1 year)

P/E ratio for Honeywell (HON)

P/E ratio as of November 2024 (TTM): 28.3

According to Honeywell's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.3378. At the end of 2022 the company had a P/E ratio of 29.2.

P/E ratio history for Honeywell from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202229.212.02%
202126.1-16.8%
202031.350.79%
201920.843.25%
201814.5-78.89%
201768.7289.09%
201617.79.23%
201516.2-8.22%
201417.60.87%
201317.57.9%
201216.2-17.57%
201119.60.69%
201019.57.45%
200918.1119.68%
20088.26-54.98%
200718.37.6%
200617.0-7.35%
200518.4-20.97%
200423.311.04%
200321.0-123.59%
2002-88.9-66.92%
2001-269

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-29.4-203.72%๐Ÿ‡บ๐Ÿ‡ธ USA
5.61-80.22%๐Ÿ‡บ๐Ÿ‡ธ USA
20.9-26.37%๐Ÿ‡บ๐Ÿ‡ธ USA
24.2-14.51%๐Ÿ‡บ๐Ÿ‡ธ USA
19.6-30.76%๐Ÿ‡บ๐Ÿ‡ธ USA
28.3-0.02%๐Ÿ‡ฎ๐Ÿ‡ช Ireland
24.2-14.48%๐Ÿ‡บ๐Ÿ‡ธ USA

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.