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Honeywell International (BUE:HON) Shiller PE Ratio : 26.77 (As of Apr. 25, 2024)


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What is Honeywell International Shiller PE Ratio?

As of today (2024-04-25), Honeywell International's current share price is ARS25814.50. Honeywell International's E10 for the quarter that ended in Dec. 2023 was ARS964.23. Honeywell International's Shiller PE Ratio for today is 26.77.

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

BUE:HON' s Shiller PE Ratio Range Over the Past 10 Years
Min: 20.72   Med: 27.79   Max: 38.24
Current: 24.58

During the past years, Honeywell International's highest Shiller PE Ratio was 38.24. The lowest was 20.72. And the median was 27.79.

BUE:HON's Shiller PE Ratio is ranked worse than
69.73% of 337 companies
in the Conglomerates industry
Industry Median: 15.74 vs BUE:HON: 24.58

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 Dec. 2023 was ARS2,758.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ARS964.23 for the trailing ten years ended in Dec. 2023.

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
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 28.69 24.99 26.66 23.34 26.47

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
=25814.50/964.23
=26.77

* 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 Dec. 2023 is calculated as:

For example, Honeywell International's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2758.04/129.4194*129.4194
=2,758.040

Current CPI (Dec. 2023) = 129.4194.

Honeywell International Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 40.596 99.695 52.700
201406 44.850 100.560 57.722
201409 49.504 100.428 63.795
201412 41.045 99.070 53.619
201503 49.743 99.621 64.622
201506 54.882 100.684 70.545
201509 60.175 100.392 77.574
201512 79.211 99.792 102.728
201603 91.129 100.470 117.386
201606 95.062 101.688 120.986
201609 95.467 101.861 121.296
201612 84.969 101.863 107.955
201703 105.452 102.862 132.678
201706 118.714 103.349 148.660
201709 121.964 104.136 151.576
201712 -242.888 104.011 -302.222
201803 152.326 105.290 187.236
201806 167.597 106.317 204.016
201809 457.780 106.507 556.262
201812 348.394 105.998 425.376
201903 300.211 107.251 362.265
201906 375.304 108.070 449.448
201909 498.860 108.329 595.980
201912 516.444 108.420 616.471
202003 548.693 108.902 652.071
202006 418.975 108.767 498.528
202009 317.747 109.815 374.472
202012 621.743 109.897 732.192
202103 731.450 111.754 847.070
202106 772.997 114.631 872.717
202109 704.016 115.734 787.263
202112 828.118 117.630 911.120
202203 704.361 121.301 751.502
202206 885.629 125.017 916.817
202209 1,267.224 125.227 1,309.654
202212 1,012.606 125.222 1,046.550
202303 1,635.714 127.348 1,662.323
202306 2,131.200 128.729 2,142.635
202309 3,177.546 129.860 3,166.777
202312 2,758.040 129.419 2,758.040

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  (BUE: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 (BUE:HON) 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. 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.