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HWM Howmet Aerospace PE ratio, current and historical analysis

The PE ratio for Howmet Aerospace stock stands at 40.13 as of May 22, 2024. The calculation is based on the latest EPS of $2.08 and the stock price of $83.46 per share. An increase of 23% has been observed in the PE ratio compared to its average of 32.7 of the last four quarters.

HWM PE ratio history

How has HWM's PE ratio performed in the past

Over the last ten years, the average PE ratio of Howmet Aerospace has been 36.08. The current 40.13 P/E ratio is 11% higher than the historical average. Looking back at the last ten 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.

Average
36.08
Median
31.27
Minimum
12.68
Maximum
114.75

Howmet Aerospace PE ratio by year

Maximum annual increase: 131.07% in 2019

Maximum annual decrease: -33.67% in 2022

Year PE ratio Change
2023 29.25 -16.88%
2022 35.19 -33.67%
2021 53.05 9.68%
2020 48.37 65.09%
2019 29.3 131.07%
2018 12.68 N/A
2017 N/A N/A
2016 N/A N/A
2015 N/A N/A
2014 74.02 N/A

HWM average PE ratio chart

What is the average PE ratio of HWM for the past years

The current PE ratio of HWM is higher than its 3, 5 and 10-year averages.

3-year avg
39.17
5-year avg
38.34
10-year avg
36.08
15-year avg
37.58

HWM PE vs peers

What is HWM's PE ratio compared to its peers

HWM's PE ratio stands lower than its peer stock RTX.

Stock name PE ratio Market cap
HWM Howmet Aerospace Inc 40.13 $34.07B
RTX Raytheon Technologies Corp 41.85 $141.34B
TGI Triumph Group Inc N/A $1.15B

Frequently asked questions

What is Howmet Aerospace's PE ratio?

The price to earnings ratio for HWM stock is 40.13 as of May 22, 2024.

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 39.17.

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 38.34.

What is the highest PE ratio for HWM?

The highest quarterly PE ratio in the last ten 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 11% above its 10-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 (May 22, 2024), Howmet Aerospace's share price is $83.46. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.08. Therefore, Howmet Aerospace's PE ratio for today is 40.13. PE RATIO(40.13) = STOCK PRICE($83.46) / TTM EPS($2.08)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.