HWM
Howmet Aerospace
PEG ratio, current and historical analysis
- Stocks
- Industrials
- NYSE: HWM
- PEG Ratio
HWM currently shows a PEG ratio reading of 0.98 as of Nov 2, 2026. This result reflects a P/E ratio of 41.6 measured against EPS growth of 42.6%. When benchmarked against the trailing 4-quarter average of 1.43, HWM's PEG ratio reflects a 31% decrease.
HWM PEG ratio history
A eight years lookback reveals an average PEG ratio of 1.87 for Howmet Aerospace. Compared to historical data, HWM's 0.98 PEG ratio represents a decrease of 48%. HWM hit its maximum PEG ratio of 31.21 during the Dec 2021 quarter over the last eight years. The Dec 2018 quarter marked the lowest reading at 0.02, indicating the most attractive growth-adjusted valuation.
Howmet Aerospace PEG ratio by year
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 1.73 | 54.97 | 31.8% |
| 2024 | 0.73 | 38.65 | 53% |
| 2023 | 0.45 | 29.25 | 65.2% |
| 2022 | 0.41 | 35.19 | 86.7% |
| 2021 | 31.21 | 53.05 | 1.7% |
| 2020 | N/A | 48.37 | -43.8% |
| 2019 | N/A | 29.3 | -21.1% |
| 2018 | 0.02 | 12.68 | 575% |
| 2017 | N/A | N/A | 87.9% |
| 2016 | N/A | N/A | -148.4% |
| 2015 | N/A | N/A | -245.3% |
| 2014 | 0.67 | 74.02 | 110% |
| 2013 | N/A | N/A | -1,285.2% |
| 2012 | N/A | 48.22 | -68.4% |
| 2011 | 0.12 | 15.18 | 128% |
Howmet Aerospace PEG ratio by quarter (TTM)
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Sep 2026 | 1.04 | 44.18 | 42.6% |
| Jun 2026 | 1.63 | 57.7 | 35.5% |
| Mar 2026 | 1.3 | 53.1 | 40.9% |
| Dec 2025 | 1.73 | 54.97 | 31.8% |
| Sep 2025 | 1.48 | 54.66 | 37% |
| Jun 2025 | 1.04 | 54.11 | 52.2% |
| Mar 2025 | 0.88 | 42.12 | 48.1% |
| Dec 2024 | 0.73 | 38.65 | 53% |
| Sep 2024 | 0.55 | 38.26 | 70.1% |
| Jun 2024 | 0.45 | 34.35 | 76.6% |
| Mar 2024 | 0.41 | 32.9 | 79.3% |
| Dec 2023 | 0.45 | 29.25 | 65.2% |
| Sep 2023 | 0.61 | 30.03 | 49.5% |
| Jun 2023 | 0.92 | 38.72 | 42.2% |
| Mar 2023 | 0.6 | 36.53 | 61.1% |
HWM average PEG ratio chart
When comparing to historical data, HWM's PEG ratio is above the 3-year average, yet it comes in under the 5 and 10-year averages.
PEG comparison
With a PEG of 0.98, HWM ranks higher than the Industrials sector and the industry average. But in comparison with the Industrials sector average of 0.96, Howmet Aerospace's PEG is only 2.1% higher.
HWM EPS growth
HWM Price vs fair value
HWM PEG vs peers
Among its peer stock RTX, HWM's PEG ratio comes in lower.
Frequently asked questions
What is Howmet Aerospace's PEG ratio?
Based on Nov 2, 2026 data, HWM shows a PEG ratio of 0.98.
What is the 3-year average PEG ratio for Howmet Aerospace (HWM)?
HWM's 3-year PEG ratio average comes in at 0.97.
What is the 5-year average PEG ratio for Howmet Aerospace (HWM)?
HWM's 5-year PEG ratio average comes in at 2.36.
What is the highest PEG ratio for HWM?
HWM's PEG ratio topped out at 31.21 during the Dec 2021 quarter - the highest in eight years.
How does the current PEG ratio for HWM compare to its historical average?
At present, HWM's PEG ratio runs 48% lower than its 8-year historical average.
How is HWM's PEG ratio calculated (Howmet Aerospace PEG ratio formula)?
Computing the PEG ratio involves dividing the PE ratio by the company's EPS growth rate (YoY TTM). As of Nov 2, 2026, Howmet Aerospace carries a PE ratio of 41.6. Earnings grew at 42.6% over the TTM period ending Sep 2026. Applying the formula, this yields a PEG ratio of 0.98. PEG RATIO(0.98) = PE RATIO(41.6) / EPS GROWTH(42.6%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.