The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-23), Honeywell International's share price is $196.2998. Honeywell International's Book Value per Share for the quarter that ended in Dec. 2023 was $24.33. Hence, Honeywell International's PB Ratio of today is 8.07.
The historical rank and industry rank for Honeywell International's PB Ratio or its related term are showing as below:
HON'
s PB Ratio Range Over the Past 10 Years
Min: 3.46 Med: 6 Max: 9
Current: 8.07
During the past 13 years, Honeywell International's highest PB Ratio was 9.00. The lowest was 3.46. And the median was 6.00.
HON's PB Ratio is ranked worse than 94.35% of 513
companies
in the Conglomerates industry
Industry Median: 1.05
vs HON: 8.07
During the past 12 months, Honeywell International's average Book Value Per Share Growth Rate was -2.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -1.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -0.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 1.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Honeywell International was 31.60% per year. The lowest was -14.20% per year. And the median was 2.90% per year.
Back to Basics: PB Ratio
Honeywell International PB Ratio Historical Data
The historical data trend for Honeywell International's PB 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.
For the Conglomerates subindustry, Honeywell International's PB Ratio, along with its competitors' market caps and PB 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 PB Ratio Distribution
For the Conglomerates industry and Industrials sector, Honeywell International's PB Ratio distribution charts can be found below:
* The bar in red indicates where Honeywell International's PB Ratio falls into.
Honeywell International PB Ratio Calculation
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Honeywell International's PB Ratio for today is calculated as follows:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Honeywell International (NAS:HON) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Honeywell International PB Ratio Related Terms
Thank you for viewing the detailed overview of Honeywell International's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Honeywell International (Honeywell International) Business Description
Honeywell traces its roots to 1885 with Albert Butz's firm, Butz-Thermo Electric Regulator, which produced a predecessor to the modern thermostat. Today, Honeywell is a global multi-industry behemoth with one of the largest installed bases of equipment. It operates through four business segments: aerospace, building technologies, performance materials and technologies, and safety and productivity solutions. In recent years, the firm has made several portfolio changes, including the addition of Intelligrated in 2016, as well as the spinoffs of Garrett Technologies and Resideo in 2018. In 2019, the firm launched Honeywell Forge, its enterprise performance management software solution that leverages the firm's domain expertise in buildings, airlines, and critical infrastructure.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HON has been successfully added to your 