Is Honeywell International Inc. (HON) Undervalued?
Based on the current stock price of $197.37 and a P/E ratio of 20.84,Honeywell International Inc. has a PEG ratio of 2.84.
The Short Answer:
Most analysts consider a PEG ratio below 1.0 to be undervalued. With a ratio of 2.84, HON appears to be potentially overvalued relative to its growth rate of 7.34%.
Based on a PEG ratio of 2.16 (adjusted for dividends).
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How we analyzed HON
We calculated the PEG (Price/Earnings-to-Growth) ratio by taking the Price-to-Earnings Ratio of 20.84and dividing it by the annual growth rate of 7.34%.
PEG = 20.84 (P/E) ÷ 7.34 (Growth) = 2.84
Frequently Asked Questions about HON
What is the current PEG Ratio for Honeywell International Inc. (HON)?+
The current PEG Ratio for Honeywell International Inc. is 2.84. A PEG ratio below 1.0 generally suggests the stock may be undervalued relative to its growth.
Is HON stock undervalued right now?+
Based on the PEG ratio of 2.84, Honeywell International Inc. appears to be potentially overvalued. Investors typically look for a PEG ratio below 1.0 to find undervalued growth stocks.
What is the PEGY Ratio for HON?+
The PEGY ratio for Honeywell International Inc. is 2.16. This metric accounts for dividend yield (2.32%), providing a more complete valuation picture.