Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Honeywell AerospaceHONA -2.03%21 PB Ratio is 6.28 as of Aug. 17, 2026, which is 21% below its 10-year median of 7.98. GuruFocus rates HONA with a GF Score™ of 21/100. The stock has 1 warning sign investors should review. Among 341 Aerospace & Defense companies, Honeywell Aerospace ranks worse than 71.85% on this metric.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Honeywell Aerospace PB Ratio Related Terms
Honeywell Aerospace PB Ratio Historical Data
* Premium members only.
The historical data trend for Honeywell Aerospace's 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.
Honeywell Aerospace PB Ratio Chart
Honeywell Aerospace Annual Data
Trend
Dec23
Dec24
Dec25
PB Ratio
0.00
0.00
0.00
Honeywell Aerospace Semi-Annual Data
Dec23
Dec24
Dec25
PB Ratio
0.00
0.00
0.00
HONA vs TDG, LHX, NOC: PB Ratio Comparison
For the Aerospace & Defense subindustry, Honeywell Aerospace's PB Ratio, along with its competitors' market caps and 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 Aerospace PB Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Honeywell Aerospace's PB Ratio distribution charts can be found below:
* The bar in red indicates where Honeywell Aerospace's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Honeywell Aerospace (HONA) has a PB Ratio of 6.28 as of Aug. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Honeywell Aerospace and its competitors. This is 21% below median its historical median of 7.98. Over the past decade, Honeywell Aerospace's PB Ratio has ranged from 6.28 to 10.10. According to the industry distribution chart, Honeywell Aerospace ranks #245 out of 341 companies in the Aerospace & Defense industry, placing it in the top 71.8%.
Is Honeywell Aerospace's PB Ratio too high?
Honeywell Aerospace's current PB Ratio of 6.28 is 21% below median its 10-year median of 7.98. Over the past 10 years, this metric has ranged from a low of 6.28 to a high of 10.10. The Aerospace & Defense industry median PB Ratio is 3.78. Honeywell Aerospace's value of 6.28 is 66.1% above this industry median. Based on the distribution chart, Honeywell Aerospace ranks #245 out of 341 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Honeywell Aerospace has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Honeywell Aerospace's PB Ratio compare to TDG and LHX?
According to the Aerospace & Defense industry distribution chart, Honeywell Aerospace ranks #245 out of 341 companies for PB Ratio. This places Honeywell Aerospace in the lower half of its industry. The industry median PB Ratio is 3.78. Honeywell Aerospace's value of 6.28 is 66.1% above this benchmark. Historically, Honeywell Aerospace's own PB Ratio has ranged from 6.28 to 10.10 over the past decade. While the company's 10-year median is 7.98 vs. the industry median of 3.78, Honeywell Aerospace 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 PB Ratio for an Aerospace & Defense company?
The median PB Ratio among Aerospace & Defense companies is 3.78, based on 341 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Honeywell Aerospace's current PB Ratio of 6.28 is 66.1% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Honeywell Aerospace and its competitors. For the Aerospace & Defense industry, the median PB Ratio is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honeywell Aerospace's current PB Ratio is 6.28, which is 21% below median its own 10-year median of 7.98. 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 (HONA) has a current PB Ratio of 6.28. The current PB Ratio is 6.28, which is 21% below median its 10-year median of 7.98 and 66.1% above the Aerospace & Defense industry median of 3.78. Honeywell Aerospace's overall GF Score™ is 21/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Honeywell Aerospace (HONA), the current PB Ratio is 6.28 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.
21GF Score
Get the complete analysis for HONA
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HONA has been successfully added to your 
