How Honeywell’s Valuation Compares
As of April 13, 2018, Honeywell’s (HON) one-year forward PE (price-to-earnings) multiple was 18.3x. In comparison, peer United Technologies (UTX) had a one-year forward PE multiple of 17.4x. After Honeywell announced its 4Q17 earnings, its valuation touched a high of 20.8x. However, recent market volatility has pushed HON’s and UTX’s valuation downward.