The PE ratio for Howmet Aerospace stock stands at 37.93 as of May 3, 2024. The calculation is based on the latest EPS of $2.08 and the stock price of $78.89 per share. An increase of 16% has been observed in the PE ratio compared to its average of 32.7 of the last four quarters.
Over the last ten years, the average PE ratio of Howmet Aerospace has been 36.08. The current 37.93 P/E ratio is 5% 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.
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 |
The current PE ratio of HWM is higher than its 10-year average, but it is lower than its 3 and 5-year averages.
HWM's PE ratio stands lower than its peer stock RTX.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HWM Howmet Aerospace Inc | 37.93 | $32.2B |
| RTX Raytheon Technologies Corp | 39.92 | $134.81B |
| TGI Triumph Group Inc | N/A | $1.06B |
The price to earnings ratio for HWM stock is 37.93 as of May 3, 2024.
As an average over the last 3 years, HWM stock has a PE ratio of 39.17.
As an average over the last 5 years, HWM stock has a PE ratio of 38.34.
The highest quarterly PE ratio in the last ten years has been 114.75 and it was in the Mar 2021 quarter.
HWM's current price to earnings ratio is 5% above its 10-year historical average.
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 3, 2024), Howmet Aerospace's share price is $78.89. 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 37.93. PE RATIO(37.93) = STOCK PRICE($78.89) / TTM EPS($2.08)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.