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Honeywell International (WBO:HON) Shiller PE Ratio : (As of Apr. 26, 2024)


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What is Honeywell International Shiller PE Ratio?

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
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 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 E10 for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.052/129.4194*129.4194
=2.052

Current CPI (Mar. 2024) = 129.4194.

Honeywell International Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 1.016 100.560 1.308
201409 1.141 100.428 1.470
201412 0.973 99.070 1.271
201503 1.303 99.621 1.693
201506 1.345 100.684 1.729
201509 1.426 100.392 1.838
201512 1.405 99.792 1.822
201603 1.401 100.470 1.805
201606 1.513 101.688 1.926
201609 1.426 101.861 1.812
201612 1.270 101.863 1.614
201703 1.599 102.862 2.012
201706 1.602 103.349 2.006
201709 1.460 104.136 1.814
201712 -2.687 104.011 -3.343
201803 1.533 105.290 1.884
201806 1.438 106.317 1.750
201809 2.665 106.507 3.238
201812 2.030 105.998 2.479
201903 1.699 107.251 2.050
201906 1.859 108.070 2.226
201909 2.025 108.329 2.419
201912 1.944 108.420 2.321
202003 2.000 108.902 2.377
202006 1.359 108.767 1.617
202009 0.908 109.815 1.070
202012 1.570 109.897 1.849
202103 1.705 111.754 1.975
202106 1.693 114.631 1.911
202109 1.530 115.734 1.711
202112 1.814 117.630 1.996
202203 1.489 121.301 1.589
202206 1.741 125.017 1.802
202209 2.303 125.227 2.380
202212 1.425 125.222 1.473
202303 1.933 127.348 1.964
202306 2.049 128.729 2.060
202309 2.127 129.860 2.120
202312 1.751 129.419 1.751
202403 2.052 129.419 2.052

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  (WBO: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

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Honeywell International (WBO: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.