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Honeywell AerospaceFRA:AW8 -0.15%26 Forward PE Ratio is 21.11 as of Aug. 17, 2026. GuruFocus rates FRA:AW8 with a GF Score™ of 26/100. The stock has 1 warning sign investors should review. Among 206 Aerospace & Defense companies, Honeywell Aerospace ranks better than 71.84% on this metric.
Honeywell Aerospace (FRA:AW8) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Honeywell Aerospace Forward PE Ratio Related Terms
Honeywell Aerospace Forward PE Ratio Historical Data
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The historical data trend for Honeywell Aerospace's Forward 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.
Honeywell Aerospace Forward PE Ratio Chart
Honeywell Aerospace Annual Data
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Forward PE Ratio
Honeywell Aerospace Semi-Annual Data
Forward PE Ratio
FRA:AW8 vs TDG, LHX, NOC: Forward PE Ratio Comparison
For the Aerospace & Defense subindustry, Honeywell Aerospace's Forward PE Ratio, along with its competitors' market caps and Forward 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 Aerospace Forward PE Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Honeywell Aerospace's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Honeywell Aerospace's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Honeywell Aerospace (FRA:AW8) has a Forward PE Ratio of 21.11 as of Aug. 17, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Honeywell Aerospace and its competitors. According to the industry distribution chart, Honeywell Aerospace ranks #58 out of 206 companies in the Aerospace & Defense industry, placing it in the top 28.2%.
Is Honeywell Aerospace's Forward PE Ratio too high?
Honeywell Aerospace's current Forward PE Ratio is 21.11. The Aerospace & Defense industry median Forward PE Ratio is 31.46. Honeywell Aerospace's value of 21.11 is 32.9% below this industry median. Based on the distribution chart, Honeywell Aerospace ranks #58 out of 206 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Honeywell Aerospace has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Honeywell Aerospace's Forward PE Ratio compare to TDG and LHX?
According to the Aerospace & Defense industry distribution chart, Honeywell Aerospace ranks #58 out of 206 companies for Forward PE Ratio. This puts Honeywell Aerospace in the upper half of its industry. The industry median Forward PE Ratio is 31.46. Honeywell Aerospace's value of 21.11 is 32.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for an Aerospace & Defense company?
The median Forward PE Ratio among Aerospace & Defense companies is 31.46, based on 206 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Honeywell Aerospace's current Forward PE Ratio of 21.11 is 32.9% below 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Honeywell Aerospace and its competitors. For the Aerospace & Defense industry, the median Forward PE Ratio is 31.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honeywell Aerospace's current Forward PE Ratio is 21.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honeywell Aerospace stock overvalued right now?
Honeywell Aerospace (FRA:AW8) has a current Forward PE Ratio of 21.11. The current Forward PE Ratio is 21.11 and 32.9% below the Aerospace & Defense industry median of 31.46. Honeywell Aerospace's overall GF Score™ is 26/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Honeywell Aerospace (FRA:AW8), the current Forward PE Ratio is 21.11 as of Aug. 17, 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.
Honeywell Aerospace Inc operates as an aerospace and defense supplier of systems and technologies that enable the production, maintenance, and safe operation of aerospace and defense platforms. Its products support original equipment manufacturer (OEM), government, defense prime contractor, and aircraft operator customers across the Commercial Air Transport, Business Aviation, and Defense and Space end markets. The company has three operating segments: Electronic Solutions (ES), Engines & Power Systems (E&PS), and Control Systems (CS ). The majority of revenue is derived from the Electronic Solutions segment, which offers Avionics, Navigation and Sensors, Electromagnetic Defensive Solutions, and Space systems. Geographically, the maximum revenue is generated from the United States.
26GF Score
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