Honeywell International (BSP:HONB34) Cyclically Adjusted PS Ratio: 1.75 (As of Sep. 16, 2026) — Near Median

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BSP:HONB34 Honeywell International Inc BSP:HONB34
64 GF Score
Price R$1,053.70
GF Value R$982.63
Valuation Fairly Valued
! 5 Warning Signs
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What is Honeywell International Cyclically Adjusted PS Ratio?

Honeywell International BSP:HONB34 +2.10% 64 Cyclically Adjusted PS Ratio is 1.75 as of Sep. 16, 2026, which is 8% above its 10-year median of 1.62. GuruFocus rates BSP:HONB34 with a GF Score™ of 64/100 and a GF Value™ of R$982.63 (Fairly Valued). The stock has 5 warning signs investors should review. Among 461 Conglomerates companies, Honeywell International ranks worse than 72.02% on this metric.

As of today (2026-09-16), Honeywell International's current share price is R$1053.70. Honeywell International's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was R$603.61. Honeywell International's Cyclically Adjusted PS Ratio for today is 1.75.

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

BSP:HONB34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.01   Med: 1.62   Max: 2.11
Current: 1.63

During the past years, Honeywell International's highest Cyclically Adjusted PS Ratio was 2.11. The lowest was 1.01. And the median was 1.62.

BSP:HONB34's Cyclically Adjusted PS Ratio is ranked worse than
72.02% of 461 companies
in the Conglomerates industry
Industry Median: 0.75 vs BSP:HONB34: 1.63

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Honeywell International's adjusted revenue per share data for the three months ended in Jun. 2026 was R$154.151. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is R$603.61 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Honeywell International  (BSP:HONB34) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Honeywell International Cyclically Adjusted PS Ratio Related Terms


Honeywell International Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

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

Honeywell International Cyclically Adjusted PS Ratio Chart

Honeywell International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.06 5.08 4.23 5.37 3.90

Honeywell International Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS 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 4.35 4.05 3.72 3.95 1.98

BSP:HONB34 vs MMM, VMI, GHC: Cyclically Adjusted PS Ratio Comparison

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

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

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


BSP:HONB34
64GF Score
Honeywell International Inc BSP:HONB34
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Honeywell International Cyclically Adjusted PS Ratio Calculation

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

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1053.70/603.607
=1.75

* 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 Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Honeywell International's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=154.151/333.9520*333.9520
=154.151

Current CPI (Jun. 2026) = 333.9520.

Honeywell International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 82.167 241.428 113.656
201612 85.278 241.432 117.958
201703 77.101 243.801 105.611
201706 83.689 244.955 114.095
201709 83.118 246.819 112.461
201712 92.807 246.524 125.720
201803 88.690 249.554 118.685
201806 104.232 251.989 138.135
201809 112.987 252.439 149.471
201812 99.591 251.233 132.382
201903 90.609 254.202 119.035
201906 98.861 256.143 128.892
201909 99.232 256.759 129.065
201912 108.180 256.974 140.586
202003 105.388 258.115 136.352
202006 113.530 257.797 147.068
202009 118.217 260.280 151.678
202012 135.372 260.474 173.560
202103 131.489 264.877 165.779
202106 132.933 271.696 163.393
202109 126.707 274.310 154.256
202112 138.997 278.802 166.492
202203 126.635 287.504 147.094
202206 128.639 296.311 144.980
202209 138.113 296.808 155.397
202212 142.710 296.797 160.575
202303 136.753 301.836 151.304
202306 135.215 305.109 147.997
202309 134.762 307.789 146.217
202312 141.495 306.746 154.045
202403 137.309 312.332 146.814
202406 152.505 314.175 162.105
202409 164.952 315.301 174.709
202412 163.491 315.605 172.995
202503 160.155 319.799 167.243
202506 329.741 322.561 341.386
202509 177.554 324.800 182.557
202512 164.873 324.054 169.909
202603 150.558 330.213 152.263
202606 154.151 333.952 154.151

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.

What does a Cyclically Adjusted PS Ratio of 1.75 mean?
Honeywell International (BSP:HONB34) has a Cyclically Adjusted PS Ratio of 1.75 as of Sep. 16, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Honeywell International and its competitors. This is near median its historical median of 1.62. Over the past decade, Honeywell International's Cyclically Adjusted PS Ratio has ranged from 1.01 to 2.11. According to the industry distribution chart, Honeywell International ranks #332 out of 461 companies in the Conglomerates industry, placing it in the top 72%.
Is Honeywell International's Cyclically Adjusted PS Ratio too high?
Honeywell International's current Cyclically Adjusted PS Ratio of 1.75 is near median its 10-year median of 1.62. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 2.11. The Conglomerates industry median Cyclically Adjusted PS Ratio is 0.75. Honeywell International's value of 1.75 is 133.3% above this industry median. Based on the distribution chart, Honeywell International ranks #332 out of 461 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Honeywell International has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Honeywell International's Cyclically Adjusted PS Ratio compare to MMM and VMI?
According to the Conglomerates industry distribution chart, Honeywell International ranks #332 out of 461 companies for Cyclically Adjusted PS Ratio. This places Honeywell International in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.75. Honeywell International's value of 1.75 is 133.3% above this benchmark. Historically, Honeywell International's own Cyclically Adjusted PS Ratio has ranged from 1.01 to 2.11 over the past decade. While the company's 10-year median is 1.62 vs. the industry median of 0.75, Honeywell International has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Conglomerates company?
The median Cyclically Adjusted PS Ratio among Conglomerates companies is 0.75, based on 461 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Honeywell International's current Cyclically Adjusted PS Ratio of 1.75 is 133.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Honeywell International and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PS Ratio is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honeywell International's current Cyclically Adjusted PS Ratio is 1.75, which is near median its own 10-year median of 1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honeywell International stock overvalued right now?
Based on GuruFocus' analysis, Honeywell International (BSP:HONB34) is currently considered Fairly Valued. The stock's GF Value™ is R$982.63, compared to a current price of R$1,053.70 — trading 7.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.75, which is near median its 10-year median of 1.62 and 133.3% above the Conglomerates industry median of 0.75. Honeywell International's overall GF Score™ is 64/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Honeywell International (BSP:HONB34), the current Cyclically Adjusted PS Ratio is 1.75 as of Sep. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Honeywell International (BSP:HONB34) Overvalued in 2026?

Based on GuruFocus' analysis, Honeywell International stock appears to be overvalued. The current stock price of R$1,053.70 is trading 7.2% above its estimated GF Value™ of R$982.63. GuruFocus considers Honeywell International to be Fairly Valued.

Key valuation signals for BSP:HONB34:

  • Cyclically Adjusted PS Ratio: 1.75 (near median its 10-year median of 1.62)
  • GF Value™: R$982.63 vs. price of R$1,053.70 (7.2% above fair value)
  • GF Score™: 64/100 with 5 warning signs
  • Industry Position: 133.3% above the Conglomerates median (#332 of 461)

No single metric tells the full story. See the BSP:HONB34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


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, industrial automation, energy and sustainability solutions, and building automation. 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 one third of its revenue from recurring aftermarket services.
64GF Score

Get the complete analysis for BSP:HONB34

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$1,053.70
Price
R$982.63
GF Value