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Howmet AerospaceHWM -6.27%87 Shiller PE Ratio is 182.53 as of Aug. 31, 2026, which is 10% below its 10-year median of 202.03. GuruFocus rates HWM with a GF Score™ of 87/100 and a GF Value™ of $163.56 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 160 Aerospace & Defense companies, Howmet Aerospace ranks worse than 91.25% on this metric.
As of today (2026-08-31), Howmet Aerospace's current share price is $248.24. Howmet Aerospace's E10 for the quarter that ended in Jun. 2026 was $1.36. Howmet Aerospace's Shiller PE Ratio for today is 182.53.
The historical rank and industry rank for Howmet Aerospace's Shiller PE Ratio or its related term are showing as below:
HWM'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 176.9 Med: 202.03 Max: 240.85
Current: 182.53
During the past years, Howmet Aerospace's highest Shiller PE Ratio was 240.85. The lowest was 176.90. And the median was 202.03.
HWM's Shiller PE Ratio is ranked worse than 91.25% of 160
companies
in the Aerospace & Defense industry
Industry Median: 57.63
vs HWM: 182.53
E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.
Howmet Aerospace's adjusted earnings per share data for the three months ended in Jun. 2026 was $1.330. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.36 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Howmet Aerospace (NYSE:HWM) Shiller PE Ratio Explanation
Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.
Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.
Be Aware
Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.
Howmet Aerospace Shiller PE Ratio Related Terms
Howmet Aerospace Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Howmet Aerospace's Shiller 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.
For the Aerospace & Defense subindustry, Howmet Aerospace's Shiller PE Ratio, along with its competitors' market caps and Shiller 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.
Howmet Aerospace Shiller PE Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Howmet Aerospace's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Howmet Aerospace's Shiller PE Ratio falls into.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.
* 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.
Howmet Aerospace's E10 for the quarter that ended in Jun. 2026 is calculated as:
For example, Howmet Aerospace's adjusted earnings per share data for the three months ended in Jun. 2026 was:
Add all the adjusted EPS together and divide 10 will get our E10.
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.
Howmet Aerospace (HWM) has a Shiller PE Ratio of 182.53 as of Aug. 31, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Howmet Aerospace and its competitors. This is 10% below median its historical median of 202.03. Over the past decade, Howmet Aerospace's Shiller PE Ratio has ranged from 176.90 to 240.85. According to the industry distribution chart, Howmet Aerospace ranks #146 out of 160 companies in the Aerospace & Defense industry, placing it in the top 91.2%.
Is Howmet Aerospace's Shiller PE Ratio too high?
Howmet Aerospace's current Shiller PE Ratio of 182.53 is 10% below median its 10-year median of 202.03. Over the past 10 years, this metric has ranged from a low of 176.90 to a high of 240.85. The Aerospace & Defense industry median Shiller PE Ratio is 57.63. Howmet Aerospace's value of 182.53 is 216.7% above this industry median. Based on the distribution chart, Howmet Aerospace ranks #146 out of 160 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Howmet Aerospace has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Howmet Aerospace's Shiller PE Ratio compare to GD and LMT?
According to the Aerospace & Defense industry distribution chart, Howmet Aerospace ranks #146 out of 160 companies for Shiller PE Ratio. This places Howmet Aerospace in the lower half of its industry. The industry median Shiller PE Ratio is 57.63. Howmet Aerospace's value of 182.53 is 216.7% above this benchmark. Historically, Howmet Aerospace's own Shiller PE Ratio has ranged from 176.90 to 240.85 over the past decade. While the company's 10-year median is 202.03 vs. the industry median of 57.63, Howmet 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 Shiller PE Ratio for an Aerospace & Defense company?
The median Shiller PE Ratio among Aerospace & Defense companies is 57.63, based on 160 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Howmet Aerospace's current Shiller PE Ratio of 182.53 is 216.7% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Howmet Aerospace and its competitors. For the Aerospace & Defense industry, the median Shiller PE Ratio is 57.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Howmet Aerospace's current Shiller PE Ratio is 182.53, which is 10% below median its own 10-year median of 202.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Howmet Aerospace stock overvalued right now?
Based on GuruFocus' analysis, Howmet Aerospace (HWM) is currently considered Significantly Overvalued. The stock's GF Value™ is $163.56, compared to a current price of $248.24 — trading 51.8% above its estimated fair value. The current Shiller PE Ratio is 182.53, which is 10% below median its 10-year median of 202.03 and 216.7% above the Aerospace & Defense industry median of 57.63. Howmet Aerospace's overall GF Score™ is 87/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Howmet Aerospace (HWM), the current Shiller PE Ratio is 182.53 as of Aug. 31, 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 Howmet Aerospace (HWM) Overvalued in 2026?
Based on GuruFocus' analysis, Howmet Aerospace stock appears to be overvalued.
The current stock price of $248.24 is trading 51.8% above its estimated GF Value™ of $163.56.
GuruFocus considers Howmet Aerospace to be Significantly Overvalued.
Key valuation signals for HWM:
Shiller PE Ratio: 182.53 (10% below median its 10-year median of 202.03)
GF Value™: $163.56 vs. price of $248.24 (51.8% above fair value)
Industry Position: 216.7% above the Aerospace & Defense median (#146 of 160)
No single metric tells the full story. See the HWM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Howmet Aerospace Inc offers engineered solutions for the aerospace and transportation industries. The company's products and solutions include investment castings for jet engines and industrial gas turbines; seamless rolled rings for jet engines; fastening systems for aerospace, industrial and commercial transportation applications; forged jet engine components (e.g., jet engine disks); machined and forged aircraft parts; and forged aluminum commercial vehicle wheels, all of which are sold directly to customers or through distributors. It has four reportable segments: Engine Products, which derives key revenue, Fastening Systems, Engineered Structures, and Forged Wheels. Geographically, the company derives maximum revenue from the USA, followed by France, Japan, Germany, and other markets.
87GF Score
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