Honeywell International (BSP:HONB34) Cyclically Adjusted PS Ratio: 1.91 (As of Aug. 09, 2026) — 18% Above Median

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BSP:HONB34 Honeywell International Inc BSP:HONB34
66 GF Score
Price R$1,267.56
GF Value R$1,091.39
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Honeywell International Cyclically Adjusted PS Ratio?

Honeywell International BSP:HONB34 66 Cyclically Adjusted PS Ratio is 1.91 as of Aug. 09, 2026, which is 18% above its 10-year median of 1.62. GuruFocus rates BSP:HONB34 with a GF Score™ of 66/100 and a GF Value™ of R$1,091.39 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 461 Conglomerates companies, Honeywell International ranks worse than 74.62% on this metric.

As of today (2026-08-09), Honeywell International's current share price is R$1267.56. Honeywell International's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was R$663.93. Honeywell International's Cyclically Adjusted PS Ratio for today is 1.91.

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: 1.98

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
74.62% of 461 companies
in the Conglomerates industry
Industry Median: 0.8 vs BSP:HONB34: 1.98

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$156.312. 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$663.93 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 1.82 1.78 1.73 1.85 1.69

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 1.88 1.69 1.69 1.93 1.80

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
66GF Score
Honeywell International Inc BSP:HONB34
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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
=1267.56/663.93
=1.91

* 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)
=156.312/333.9520*333.9520
=156.312

Current CPI (Jun. 2026) = 333.9520.

Honeywell International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 82.372 241.428 113.940
201612 86.727 241.432 119.962
201703 76.719 243.801 105.088
201706 85.817 244.955 116.996
201709 82.199 246.819 111.217
201712 92.908 246.524 125.857
201803 89.554 249.554 119.841
201806 109.074 251.989 144.552
201809 117.601 252.439 155.575
201812 101.563 251.233 135.003
201903 92.368 254.202 121.346
201906 97.239 256.143 126.777
201909 103.013 256.759 133.983
201912 107.848 256.974 140.154
202003 115.347 258.115 149.237
202006 109.571 257.797 141.939
202009 118.669 260.280 152.258
202012 128.980 260.474 165.364
202103 135.242 264.877 170.511
202106 126.095 271.696 154.988
202109 127.998 274.310 155.828
202112 140.755 278.802 168.598
202203 120.591 287.504 140.073
202206 131.948 296.311 148.710
202209 138.127 296.808 155.413
202212 142.452 296.797 160.285
202303 137.204 301.836 151.803
202306 132.474 305.109 144.997
202309 136.418 307.789 148.014
202312 85.717 306.746 93.319
202403 138.109 312.332 147.669
202406 157.697 314.175 167.624
202409 164.720 315.301 174.464
202412 117.386 315.605 124.210
202503 157.714 319.799 164.694
202506 161.304 322.561 167.000
202509 174.759 324.800 179.683
202512 117.103 324.054 120.680
202603 149.794 330.213 151.490
202606 156.312 333.952 156.312

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 1.91 mean?
Honeywell International (BSP:HONB34) has a Cyclically Adjusted PS Ratio of 1.91 as of Aug. 09, 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 18% above 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 #344 out of 461 companies in the Conglomerates industry, placing it in the top 74.6%.
Is Honeywell International's Cyclically Adjusted PS Ratio too high?
Honeywell International's current Cyclically Adjusted PS Ratio of 1.91 is 18% above 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 0.80. Honeywell International's value of 1.91 is 138.8% above this industry median. Based on the distribution chart, Honeywell International ranks #344 out of 461 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Honeywell International has a GF Score™ of 66/100 and is considered Modestly Overvalued, 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 #344 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 0.80. Honeywell International's value of 1.91 is 138.8% 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 0.80, 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 0.80, 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 1.91 is 138.8% 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 0.80 — 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 1.91, which is 18% above 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 Modestly Overvalued. The stock's GF Value™ is R$1,091.39, compared to a current price of R$1,267.56 — trading 16.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.91, which is 18% above median its 10-year median of 1.62 and 138.8% above the Conglomerates industry median of 0.80. Honeywell International's overall GF Score™ is 66/100 with 7 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 1.91 as of Aug. 09, 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$1,267.56 is trading 16.1% above its estimated GF Value™ of R$1,091.39. GuruFocus considers Honeywell International to be Modestly Overvalued.

Key valuation signals for BSP:HONB34:

  • Cyclically Adjusted PS Ratio: 1.91 (18% above median its 10-year median of 1.62)
  • GF Value™: R$1,091.39 vs. price of R$1,267.56 (16.1% above fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 138.8% above the Conglomerates median (#344 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.
66GF 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$1,267.56
Price
R$1,091.39
GF Value