HWM
Howmet Aerospace
PE ratio, current and historical analysis
- Stocks
- Industrials
- NYSE: HWM
- PE Ratio
The PE ratio for Howmet Aerospace stock stands at 63.39 as of Jun 23, 2026. The calculation is based on the latest EPS of $4.34 and the stock price of $275.13 per share. An increase of 17% has been observed in the PE ratio compared to its average of 54.2 of the last four quarters.
HWM PE ratio history
Over the last eight years, the average PE ratio of Howmet Aerospace has been 38.76. The current 63.39 P/E ratio is 64% higher than the historical average. Looking back at the last eight years, HWM's PE ratio peaked in the Mar 2021 quarter at 114.75, with a price of $32.13 and an EPS of $0.28. The Dec 2018 quarter marked the lowest point at 12.68, with a price of $16.86 and an EPS of $1.33.
Howmet Aerospace PE ratio by year
Maximum annual increase: 217.65% in 2012
Maximum annual decrease: -75.34% in 2011
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 54.97 | 42.23% | $205.02 | $3.73 |
| 2024 | 38.65 | 32.14% | $109.37 | $2.83 |
| 2023 | 29.25 | -16.88% | $54.12 | $1.85 |
| 2022 | 35.19 | -33.67% | $39.41 | $1.12 |
| 2021 | 53.05 | 9.68% | $31.83 | $0.6 |
| 2020 | 48.37 | 65.09% | $28.54 | $0.59 |
| 2019 | 29.3 | 131.07% | $30.77 | $1.05 |
| 2018 | 12.68 | N/A | $16.86 | $1.33 |
| 2017 | N/A | N/A | $27.25 | -$0.28 |
| 2016 | N/A | N/A | $18.54 | -$2.31 |
| 2015 | N/A | N/A | $29.61 | -$0.93 |
| 2014 | 74.02 | N/A | $47.37 | $0.64 |
| 2013 | N/A | N/A | $31.89 | -$6.4 |
| 2012 | 48.22 | 217.65% | $26.04 | $0.54 |
| 2011 | 15.18 | -75.34% | $25.95 | $1.71 |
Howmet Aerospace PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 53.1 | -3.4% | $230.46 | $4.34 |
| Dec 2025 | 54.97 | 0.57% | $205.02 | $3.73 |
| Sep 2025 | 54.66 | 1.02% | $196.23 | $3.59 |
| Jun 2025 | 54.11 | 28.47% | $186.13 | $3.44 |
| Mar 2025 | 42.12 | 8.98% | $129.73 | $3.08 |
| Dec 2024 | 38.65 | 1.02% | $109.37 | $2.83 |
| Sep 2024 | 38.26 | 11.38% | $100.25 | $2.62 |
| Jun 2024 | 34.35 | 4.41% | $77.63 | $2.26 |
| Mar 2024 | 32.9 | 12.48% | $68.43 | $2.08 |
| Dec 2023 | 29.25 | -2.6% | $54.12 | $1.85 |
| Sep 2023 | 30.03 | -22.44% | $46.25 | $1.54 |
| Jun 2023 | 38.72 | 6% | $49.56 | $1.28 |
| Mar 2023 | 36.53 | 3.81% | $42.37 | $1.16 |
| Dec 2022 | 35.19 | 17.18% | $39.41 | $1.12 |
| Sep 2022 | 30.03 | -14.05% | $30.93 | $1.03 |
HWM Price vs fair value
HWM average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
The current PE ratio of HWM is higher than its 3, 5 and 10-year averages.
PE comparison
With a price to earnings (P/E) of 63.39, HWM ranks higher than the Industrials sector and the industry average. In comparison with the Industrials sector average of 30.43, Howmet Aerospace's price to earnings (P/E) is 108% higher.
HWM PE vs peers
HWM's PE ratio stands higher than its peer stock RTX.
| Stock name | PE ratio | Market cap |
|---|---|---|
| RTX Raytheon Technologies Corp | 34.45 | $251.01B |
| HWM Howmet Aerospace Inc | 63.39 | $110.08B |
Frequently asked questions
What is Howmet Aerospace's PE ratio?
The price to earnings ratio for HWM stock is 63.39 as of Jun 23, 2026.
What is the 3-year average PE ratio for Howmet Aerospace (HWM)?
As an average over the last 3 years, HWM stock has a PE ratio of 41.76.
What is the 5-year average PE ratio for Howmet Aerospace (HWM)?
As an average over the last 5 years, HWM stock has a PE ratio of 42.01.
What is the highest PE ratio for HWM?
The highest quarterly PE ratio in the last eight years has been 114.75 and it was in the Mar 2021 quarter.
How does the current PE ratio for HWM compare to its historical average?
HWM's current price to earnings ratio is 64% above its 8-year historical average.
How is HWM's PE ratio calculated (Howmet Aerospace PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jun 23, 2026), Howmet Aerospace's share price is $275.13. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $4.34. Therefore, Howmet Aerospace's PE ratio for today is 63.39. PE RATIO(63.39) = STOCK PRICE($275.13) / TTM EPS($4.34)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.