Howmet Aerospace (MEX:HWM) Shiller PE Ratio: 183.63 (As of Sep. 03, 2026) — Near Median

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MEX:HWM Howmet Aerospace Inc MEX:HWM
75 GF Score
Price MXN4,363.00
GF Value MXN2,825.88
Valuation Significantly Overvalued
View Full Analysis

What is Howmet Aerospace Shiller PE Ratio?

Howmet Aerospace MEX:HWM +5.13% 75 Shiller PE Ratio is 183.63 as of Sep. 03, 2026, which is 9% below its 10-year median of 201.91. GuruFocus rates MEX:HWM with a GF Score™ of 75/100 and a GF Value™ of MXN2,825.88 (Significantly Overvalued). Among 161 Aerospace & Defense companies, Howmet Aerospace ranks worse than 90.68% on this metric.

As of today (2026-09-03), Howmet Aerospace's current share price is MXN4363.00. Howmet Aerospace's E10 for the quarter that ended in Jun. 2026 was MXN23.76. Howmet Aerospace's Shiller PE Ratio for today is 183.63.

The historical rank and industry rank for Howmet Aerospace's Shiller PE Ratio or its related term are showing as below:

MEX:HWM' s Shiller PE Ratio Range Over the Past 10 Years
Min: 180.48   Med: 201.91   Max: 240.85
Current: 185.75

During the past years, Howmet Aerospace's highest Shiller PE Ratio was 240.85. The lowest was 180.48. And the median was 201.91.

MEX:HWM's Shiller PE Ratio is ranked worse than
90.68% of 161 companies
in the Aerospace & Defense industry
Industry Median: 56.36 vs MEX:HWM: 185.75

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 MXN23.207. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is MXN23.76 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Howmet Aerospace  (MEX: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.

Howmet Aerospace Shiller PE Ratio Chart

Howmet Aerospace Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 188.69

Howmet Aerospace Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE 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 0.00 191.93 188.69 184.09 197.43

MEX:HWM vs GD, LMT, NOC: Shiller PE Ratio Comparison

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.


MEX:HWM
75GF Score
Howmet Aerospace Inc MEX:HWM
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Howmet Aerospace Shiller PE Ratio Calculation

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.

Howmet Aerospace's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4363.00/23.76
=183.63

* 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:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=23.207/333.9520*333.9520
=23.207

Current CPI (Jun. 2026) = 333.9520.

Howmet Aerospace Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 6.526 241.428 9.027
201612 -59.377 241.432 -82.131
201703 12.239 243.801 16.765
201706 7.773 244.955 10.597
201709 3.993 246.819 5.403
201712 -29.656 246.524 -40.173
201803 5.269 249.554 7.051
201806 4.716 251.989 6.250
201809 5.986 252.439 7.919
201812 8.639 251.233 11.483
201903 7.565 254.202 9.938
201906 -5.378 256.143 -7.012
201909 4.146 256.759 5.392
201912 13.202 256.974 17.157
202003 11.490 258.115 14.866
202006 -5.078 257.797 -6.578
202009 1.767 260.280 2.267
202012 4.774 260.474 6.121
202103 3.679 264.877 4.638
202106 3.384 271.696 4.159
202109 1.234 274.310 1.502
202112 3.693 278.802 4.424
202203 6.172 287.504 7.169
202206 7.041 296.311 7.935
202209 3.822 296.808 4.300
202212 5.069 296.797 5.704
202303 6.309 301.836 6.980
202306 7.886 305.109 8.631
202309 7.839 307.789 8.505
202312 9.675 306.746 10.533
202403 9.792 312.332 10.470
202406 11.908 314.175 12.658
202409 15.949 315.301 16.892
202412 16.059 315.605 16.993
202503 17.185 319.799 17.946
202506 18.829 322.561 19.494
202509 17.427 324.800 17.918
202512 16.565 324.054 17.071
202603 25.967 330.213 26.261
202606 23.207 333.952 23.207

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 183.63 mean?
Howmet Aerospace (MEX:HWM) has a Shiller PE Ratio of 183.63 as of Sep. 03, 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 near median its historical median of 201.91. Over the past decade, Howmet Aerospace's Shiller PE Ratio has ranged from 180.48 to 240.85. According to the industry distribution chart, Howmet Aerospace ranks #146 out of 161 companies in the Aerospace & Defense industry, placing it in the top 90.7%.
Is Howmet Aerospace's Shiller PE Ratio too high?
Howmet Aerospace's current Shiller PE Ratio of 183.63 is near median its 10-year median of 201.91. Over the past 10 years, this metric has ranged from a low of 180.48 to a high of 240.85. The Aerospace & Defense industry median Shiller PE Ratio is 56.36. Howmet Aerospace's value of 183.63 is 225.8% above this industry median. Based on the distribution chart, Howmet Aerospace ranks #146 out of 161 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Howmet Aerospace has a GF Score™ of 75/100 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 161 companies for Shiller PE Ratio. This places Howmet Aerospace in the lower half of its industry. The industry median Shiller PE Ratio is 56.36. Howmet Aerospace's value of 183.63 is 225.8% above this benchmark. Historically, Howmet Aerospace's own Shiller PE Ratio has ranged from 180.48 to 240.85 over the past decade. While the company's 10-year median is 201.91 vs. the industry median of 56.36, 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 56.36, based on 161 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 183.63 is 225.8% 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 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 56.36 — 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 183.63, which is near median its own 10-year median of 201.91. 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 (MEX:HWM) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN2,825.88, compared to a current price of MXN4,363.00 — trading 54.4% above its estimated fair value. The current Shiller PE Ratio is 183.63, which is near median its 10-year median of 201.91 and 225.8% above the Aerospace & Defense industry median of 56.36. Howmet Aerospace's overall GF Score™ is 75/100. 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 (MEX:HWM), the current Shiller PE Ratio is 183.63 as of Sep. 03, 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 (MEX:HWM) Overvalued in 2026?

Based on GuruFocus' analysis, Howmet Aerospace stock appears to be overvalued. The current stock price of MXN4,363.00 is trading 54.4% above its estimated GF Value™ of MXN2,825.88. GuruFocus considers Howmet Aerospace to be Significantly Overvalued.

Key valuation signals for MEX:HWM:

  • Shiller PE Ratio: 183.63 (near median its 10-year median of 201.91)
  • GF Value™: MXN2,825.88 vs. price of MXN4,363.00 (54.4% above fair value)
  • GF Score™: 75/100
  • Industry Position: 225.8% above the Aerospace & Defense median (#146 of 161)

No single metric tells the full story. See the MEX:HWM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Howmet Aerospace Business Description

Address 201 Isabella Street, Suite 200, Pittsburgh, PA, USA, 15212-5872
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.
75GF Score

Get the complete analysis for MEX:HWM

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN4,363.00
Price
MXN2,825.88
GF Value