Honeywell International, Inc. (HON) Valuation
Historical valuation analysis based on 1281 data points (2021-09-10 to 2026-10-16)
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 biodegradabl...
Honeywell International, Inc. (HON) currently trades at a P/E ratio of 8.16 (historical range: 7.77–36.91, median: 25.02), placing it at the 2th percentile — cheap relative to its history, P/S ratio of 1.85 (range: 1.77–4.72, 2th percentile — cheap relative to its history), EV/EBITDA of 15.53 (range: 15.30–38.54, 0th percentile).
Over the historical period (2021-09-10 to 2026-10-16), Honeywell International, Inc.'s P/E ratio has contracted by 15% over the observed period (from an average of 26.7 to 22.6).
Honeywell International, Inc. trades well below its historical valuation range across most metrics.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 8.16 | 25.02 | 2th | cheap relative to its history |
| P/S Ratio | 1.85 | 3.69 | 2th | cheap relative to its history |
| EV/EBITDA | 15.53 | 21.69 | 0th | cheap relative to its history |
| FCF Yield | 6.19% | 3.78% | 98th | cheap relative to its history |
Honeywell International, Inc. (HON) Valuation & P/E History
Honeywell International, Inc. (HON) is a US-listed stock operating in the Industrials sector, specifically the Aircraft Engines & Engine Parts industry currently trading at $211.01 with a market capitalization of $66.9 billion. This page provides historical valuation analysis for HON based on 1281 data points covering 2021-09-10 to 2026-10-16. The P/E ratio of 8.16 is below the historical median of 25.02, placing HON at the 2th percentile of its valuation range. The P/S ratio of 1.85 compares to a median of 3.69.
HON Valuation Metrics & Historical Range
The valuation table above shows Honeywell International, Inc.'s current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether HON is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests HON is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Honeywell International, Inc..
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is HON Overvalued or Undervalued?
Honeywell International, Inc. trades well below its historical valuation range across most metrics. The overall valuation percentile of 1 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive HON is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full HON analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.HON trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.

