Howmet Aerospace
HWM
$66.40
Share price
2.47%
Change (1 day)
56.57%
Change (1 year)
Categories
Howmet Aerospace Inc., is an American aerospace company that manufactures components for jet engines, fasteners and titanium structures for aerospace applications, and forged aluminum wheels for heavy trucks.
Howmet Aerospace (HWM) - P/B ratio
P/B ratio as of April 2024 : 6.72
According to Howmet Aerospace
's latest financial reports the company has a price-to-book ratio of 6.72.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
Howmet Aerospace - P/B ratio (from 2016 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 5.52 | 21.91% |
| 2022-12-31 | 4.53 | 16.8% |
| 2021-12-31 | 3.88 | 12.05% |
| 2020-12-31 | 3.46 | 19.62% |
| 2019-12-31 | 2.89 | 98.25% |
| 2018-12-31 | 1.46 | -45.23% |
| 2017-12-31 | 2.66 | 68.44% |
| 2016-12-31 | 1.58 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Triumph Group
TGI | -1.57 | -123.32% | 🇺🇸 USA |
 Raytheon Technologies RTX | 2.19 | -67.35% | 🇺🇸 USA |