P/E ratio for Honeywell (HON)
P/E ratio as of April 2023 (TTM): 26.0
According to Honeywell's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.0381. At the end of 2021 the company had a P/E ratio of 26.1.
P/E ratio history for Honeywell from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 26.1 | -16.8% |
| 2020 | 31.3 | 50.79% |
| 2019 | 20.8 | 43.25% |
| 2018 | 14.5 | -78.79% |
| 2017 | 68.4 | 281.74% |
| 2016 | 17.9 | 10.82% |
| 2015 | 16.2 | -8.22% |
| 2014 | 17.6 | 0.87% |
| 2013 | 17.5 | 7.9% |
| 2012 | 16.2 | -17.57% |
| 2011 | 19.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Boeing BA | -25.6 | -198.47% | 🇺🇸 USA |
 Lockheed Martin LMT | 21.7 | -16.85% | 🇺🇸 USA |
 Dow DOW | 8.71 | -66.56% | 🇺🇸 USA |
 Emerson EMR | 9.04 | -65.28% | 🇺🇸 USA |
 General Dynamics GD | 18.5 | -28.87% | 🇺🇸 USA |
 General Electric GE | -233 | -995.22% | 🇺🇸 USA |
 Johnson Controls
JCI | 32.6 | 25.12% | 🇮🇪 Ireland |
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.