Honeywell International (HON)
(Real Time Quote from BATS)
$215.12 USD
+0.51 (0.24%)
Updated Jul 22, 2024 11:12 AM ET
2-Buy of 5 2
D Value D Growth D Momentum F VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
HON 215.12 +0.51(0.24%)
Will HON be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for HON based on the 1-3 month trading system that more than doubles the S&P 500.
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Other News for HON
Honeywell International (HON) Receives a Buy from Bank of America Securities
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Honeywell to provide wide array of cockpit technology for new 737 Max aircraft to UAL
Honeywell selected by United Airlines to provide avionics for 737 MAX aircraft
Wells Fargo Keeps Their Hold Rating on Honeywell International (HON)