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Honeywell International (MEX:HON) Cyclically Adjusted PB Ratio : 6.94 (As of Jun. 01, 2025)


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What is Honeywell International Cyclically Adjusted PB Ratio?

As of today (2025-06-01), Honeywell International's current share price is MXN4280.74. Honeywell International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN616.60. Honeywell International's Cyclically Adjusted PB Ratio for today is 6.94.

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

MEX:HON' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5   Med: 6.98   Max: 9.49
Current: 7.45

During the past years, Honeywell International's highest Cyclically Adjusted PB Ratio was 9.49. The lowest was 5.00. And the median was 6.98.

MEX:HON's Cyclically Adjusted PB Ratio is ranked worse than
94.61% of 464 companies
in the Conglomerates industry
Industry Median: 0.96 vs MEX:HON: 7.45

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Honeywell International's adjusted book value per share data for the three months ended in Mar. 2025 was MXN555.891. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is MXN616.60 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Honeywell International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Honeywell International's Cyclically Adjusted 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.

* Premium members only.

Honeywell International Cyclically Adjusted PB Ratio Chart

Honeywell International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.92 7.91 7.48 7.07 7.51

Honeywell International Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB 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 6.82 7.09 6.87 7.51 6.96

Competitive Comparison of Honeywell International's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Honeywell International's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

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

* The bar in red indicates where Honeywell International's Cyclically Adjusted PB Ratio falls into.


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Honeywell International Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Honeywell International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4280.74/616.60
=6.94

* 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 Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Honeywell International's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=555.891/134.9266*134.9266
=555.891

Current CPI (Mar. 2025) = 134.9266.

Honeywell International Quarterly Data

Book Value per Share CPI Adj_Book
201506 370.438 100.684 496.424
201509 389.402 100.392 523.358
201512 408.640 99.792 552.511
201603 411.018 100.470 551.976
201606 456.240 101.688 605.370
201609 486.885 101.861 644.935
201612 524.883 101.863 695.256
201703 501.958 102.862 658.429
201706 485.429 103.349 633.748
201709 502.021 104.136 650.459
201712 431.603 104.011 559.890
201803 427.964 105.290 548.428
201806 465.696 106.317 591.015
201809 460.592 106.507 583.495
201812 489.260 105.998 622.788
201903 500.235 107.251 629.321
201906 477.080 108.070 595.642
201909 500.338 108.329 623.182
201912 490.503 108.420 610.421
202003 589.467 108.902 730.337
202006 596.867 108.767 740.418
202009 569.019 109.815 699.138
202012 500.983 109.897 615.086
202103 529.334 111.754 639.091
202106 517.199 114.631 608.768
202109 532.910 115.734 621.283
202112 556.257 117.630 638.053
202203 537.164 121.301 597.503
202206 523.815 125.017 565.337
202209 529.770 125.227 570.806
202212 487.604 125.222 525.394
202303 458.128 127.348 485.392
202306 446.671 128.729 468.177
202309 455.282 129.860 473.047
202312 412.924 129.419 430.495
202403 419.350 131.776 429.375
202406 477.889 132.554 486.444
202409 527.076 133.029 534.595
202412 597.587 133.157 605.528
202503 555.891 134.927 555.891

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

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  (MEX:HON) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Honeywell International Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Honeywell International's Cyclically Adjusted PB 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 around 30% of its revenue from recurring aftermarket services.