According to Honeywell's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.6007. At the end of 2022 the company had a P/E ratio of 29.2.
Year | P/E ratio | Change |
---|---|---|
2022 | 29.2 | 12.02% |
2021 | 26.1 | -16.8% |
2020 | 31.3 | 50.79% |
2019 | 20.8 | 43.25% |
2018 | 14.5 | -78.89% |
2017 | 68.7 | 289.09% |
2016 | 17.7 | 9.23% |
2015 | 16.2 | -8.22% |
2014 | 17.6 | 0.87% |
2013 | 17.5 | 7.9% |
2012 | 16.2 | -17.57% |
2011 | 19.6 | 0.69% |
2010 | 19.5 | 7.45% |
2009 | 18.1 | 119.68% |
2008 | 8.26 | -54.98% |
2007 | 18.3 | 7.6% |
2006 | 17.0 | -7.35% |
2005 | 18.4 | -20.97% |
2004 | 23.3 | 11.04% |
2003 | 21.0 | -123.59% |
2002 | -88.9 | -66.92% |
2001 | -269 |
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.