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HON (Honeywell International) Shiller PE Ratio : 24.87 (As of Oct. 31, 2024)


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What is Honeywell International Shiller PE Ratio?

As of today (2024-10-31), Honeywell International's current share price is $205.68. Honeywell International's E10 for the quarter that ended in Sep. 2024 was $8.27. Honeywell International's Shiller PE Ratio for today is 24.87.

The historical rank and industry rank for Honeywell International's Shiller PE Ratio or its related term are showing as below:

HON' s Shiller PE Ratio Range Over the Past 10 Years
Min: 20.72   Med: 27.94   Max: 38.24
Current: 24.87

During the past years, Honeywell International's highest Shiller PE Ratio was 38.24. The lowest was 20.72. And the median was 27.94.

HON's Shiller PE Ratio is ranked worse than
67.89% of 327 companies
in the Conglomerates industry
Industry Median: 16.73 vs HON: 24.87

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Honeywell International's adjusted earnings per share data for the three months ended in Sep. 2024 was $2.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $8.27 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Honeywell International Shiller PE Ratio Historical Data

The historical data trend for Honeywell International's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Honeywell International Shiller PE Ratio Chart

Honeywell International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.58 36.21 30.77 28.69 26.47

Honeywell International Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.34 26.47 25.27 25.97 24.98

Competitive Comparison of Honeywell International's Shiller PE Ratio

For the Conglomerates subindustry, Honeywell International's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Honeywell International's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Honeywell International's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Honeywell International's Shiller PE Ratio falls into.



Honeywell International Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Honeywell International's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=205.68/8.27
=24.87

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Honeywell International's E10 for the quarter that ended in Sep. 2024 is calculated as:

For example, Honeywell International's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=2.16/133.0289*133.0289
=2.160

Current CPI (Sep. 2024) = 133.0289.

Honeywell International Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 1.200 99.070 1.611
201503 1.410 99.621 1.883
201506 1.510 100.684 1.995
201509 1.600 100.392 2.120
201512 1.530 99.792 2.040
201603 1.560 100.470 2.066
201606 1.700 101.688 2.224
201609 1.600 101.861 2.090
201612 1.340 101.863 1.750
201703 1.710 102.862 2.211
201706 1.800 103.349 2.317
201709 1.740 104.136 2.223
201712 -3.180 104.011 -4.067
201803 1.890 105.290 2.388
201806 1.680 106.317 2.102
201809 3.110 106.507 3.884
201812 2.310 105.998 2.899
201903 1.920 107.251 2.381
201906 2.100 108.070 2.585
201909 2.230 108.329 2.738
201912 2.160 108.420 2.650
202003 2.210 108.902 2.700
202006 1.530 108.767 1.871
202009 1.070 109.815 1.296
202012 1.910 109.897 2.312
202103 2.030 111.754 2.416
202106 2.040 114.631 2.367
202109 1.800 115.734 2.069
202112 2.050 117.630 2.318
202203 1.640 121.301 1.799
202206 1.840 125.017 1.958
202209 2.280 125.227 2.422
202212 1.510 125.222 1.604
202303 2.070 127.348 2.162
202306 2.220 128.729 2.294
202309 2.270 129.860 2.325
202312 1.910 129.419 1.963
202403 2.230 131.776 2.251
202406 2.360 132.554 2.368
202409 2.160 133.029 2.160

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Honeywell International  (NAS:HON) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Honeywell International Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Honeywell International's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Honeywell International Business Description

Address
855 South Mint Street, Charlotte, NC, USA, 28202
Honeywell traces its roots to 1885 with Albert Butz's firm, Butz Thermo-Electric Regulator, which produced a predecessor to the modern thermostat. Other inventions by Honeywell include biodegradable detergent and autopilot. Today, Honeywell is a global multi-industry behemoth with one of the largest installed bases of equipment. It operates through four business segments: aerospace technologies (37% of 2023 company revenue), industrial automation (29%), energy and sustainability solutions (17%), and building automation (17%). Recently, Honeywell has made several portfolio changes to focus on fewer end markets and align with a set of secular growth trends. The firm is working diligently to expand its installed base, deriving 30% of its revenue from recurring aftermarket services.
Executives
Darius Adamczyk officer: President and CEO, PMT 855 S. MINT STREET, CHARLOTTE NC 28202
James E Currier officer: President & CEO, Aerospace 855 S. MINT STREET, CHARLOTTE NC 28202
Vimal Kapur officer: President & CEO, HBT C/O HONEYWELL 300 S. TRYON STREET, CHARLOTTE NC 07950
Billal Hammoud officer: President & CEO, HBT 855 S. MINT STREET, CHARLOTTE NC 28202
George Koutsaftes officer: President and CEO, SPS 855 S. MINT STREET, CHARLOTTE NC 28202
Karen Mattimore officer: SrVP, HR and Communications 300 SOUTH TRYON STR, CHARLOTTE NC 28202
Lucian Boldea officer: President and CEO, PMT 855 S. MINT STREET, CHARLOTTE NC 28202
Robin Watson director 855 S. MINT STREET, CHARLOTTE NC 28202
Gregory P Lewis officer: SVP & Chief Financial Officer C/O HONEYWELL INTERNATIONAL INC., 300 SOUTH TRYON STREET, CHARLOTTE NC 28202
Kevin Dehoff officer: President and CEO, HCE 855 S. MINT STREET, CHARLOTTE NC 28202
Rose Lee director C/O CROWN HOLDINGS, INC., 770 TOWNSHIP LINE ROAD, YARDLEY PA 19067
Que Dallara officer: Pres/CEO -Connected Enterprise C/O HONEYWELL 300 S. TRYON STREET, CHARLOTTE NC 28202
Doug Wright officer: President & CEO, HBT 855 S. MINT STREET, CHARLOTTE NC 28202
D Scott Davis director 115 TABOR ROAD, MORRIS PLAINS NJ 07950
Rajeev Gautam officer: Pres. and CEO, PMT C/O HONEYWELL, 300 S. TRYON STREET, CHARLOTTE NC 28202