Honeywell InternationalSTU:ALD +1.42%82 PB Ratio is 10.96 as of Jun. 26, 2026, which is 62% above its 10-year median of 6.76. GuruFocus rates STU:ALD with a GF Score™ of 82/100 and a GF Value™ of €194.33 (Fairly Valued). The stock has 6 warning signs investors should review. Among 544 Conglomerates companies, Honeywell International ranks worse than 96.32% on this metric.
Honeywell International Inc stock PB Ratio (=10.6) is close to 10-year high of 11.15.
The historical rank and industry rank for Honeywell International's PB Ratio or its related term are showing as below:
STU:ALD'
s PB Ratio Range Over the Past 10 Years
Min: 3.83 Med: 6.76 Max: 11.15
Current: 10.6
During the past 13 years, Honeywell International's highest PB Ratio was 11.15. The lowest was 3.83. And the median was 6.76.
STU:ALD's PB Ratio is ranked worse than 96.32% of 544
companies
in the Conglomerates industry
Industry Median: 1.045
vs STU:ALD: 10.60
During the past 12 months, Honeywell International's average Book Value Per Share Growth Rate was -21.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -4.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -1.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 0.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Honeywell International was 31.60% per year. The lowest was -12.50% per year. And the median was 2.90% per year.
Back to Basics: PB Ratio
Honeywell International (STU:ALD) PB Ratio Explanation
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.
* 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.
For the Conglomerates subindustry, Honeywell International'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 International PB Ratio vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Honeywell International's PB Ratio distribution charts can be found below:
* The bar in red indicates where Honeywell International'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 International (STU:ALD) has a PB Ratio of 10.96 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Honeywell International and its competitors. This is 62% above median its historical median of 6.76. Over the past decade, Honeywell International's PB Ratio has ranged from 3.83 to 11.15. According to the industry distribution chart, Honeywell International ranks #524 out of 544 companies in the Conglomerates industry, placing it in the top 96.3%.
Is Honeywell International's PB Ratio too high?
Honeywell International's current PB Ratio of 10.96 is 62% above median its 10-year median of 6.76. Over the past 10 years, this metric has ranged from a low of 3.83 to a high of 11.15. The Conglomerates industry median PB Ratio is 1.05. Honeywell International's value of 10.96 is 948.8% above this industry median. Based on the distribution chart, Honeywell International ranks #524 out of 544 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Honeywell International has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Honeywell International's PB Ratio compare to MMM and VMI?
According to the Conglomerates industry distribution chart, Honeywell International ranks #524 out of 544 companies for PB Ratio. This places Honeywell International in the lower half of its industry. The industry median PB Ratio is 1.05. Honeywell International's value of 10.96 is 948.8% above this benchmark. Historically, Honeywell International's own PB Ratio has ranged from 3.83 to 11.15 over the past decade. While the company's 10-year median is 6.76 vs. the industry median of 1.05, 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 PB Ratio for a Conglomerates company?
The median PB Ratio among Conglomerates companies is 1.05, based on 544 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 International's current PB Ratio of 10.96 is 948.8% 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 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 International and its competitors. For the Conglomerates industry, the median PB Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honeywell International's current PB Ratio is 10.96, which is 62% above median its own 10-year median of 6.76. 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 (STU:ALD) is currently considered Fairly Valued. The stock's GF Value™ is €194.33, compared to a current price of €203.35 — trading 4.6% above its estimated fair value. The current PB Ratio is 10.96, which is 62% above median its 10-year median of 6.76 and 948.8% above the Conglomerates industry median of 1.05. Honeywell International's overall GF Score™ is 82/100 with 6 warning signs 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 International (STU:ALD), the current PB Ratio is 10.96 as of Jun. 26, 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 (STU:ALD) Overvalued in 2026?
Based on GuruFocus' analysis, Honeywell International stock appears to be overvalued.
The current stock price of €203.35 is trading 4.6% above its estimated GF Value™ of €194.33.
GuruFocus considers Honeywell International to be Fairly Valued.
Key valuation signals for STU:ALD:
PB Ratio: 10.96 (62% above median its 10-year median of 6.76)
GF Value™: €194.33 vs. price of €203.35 (4.6% above fair value)
Industry Position: 948.8% above the Conglomerates median (#524 of 544)
No single metric tells the full story. See the STU:ALD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
82GF Score
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