Howmet Pb Ratio from 2010 to 2024

HWM Stock  USD 116.98  1.12  0.95%   
Howmet Aerospace PB Ratio yearly trend continues to be very stable with very little volatility. PB Ratio is likely to grow to 5.80 this year. During the period from 2010 to 2024, Howmet Aerospace PB Ratio quarterly data regression pattern had sample variance of  3.19 and median of  1.58. View All Fundamentals
 
PB Ratio  
First Reported
2010-12-31
Previous Quarter
5.52559454
Current Value
5.8
Quarterly Volatility
1.78544232
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Howmet Aerospace financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Howmet Aerospace's main balance sheet or income statement drivers, such as Depreciation And Amortization of 258.4 M, Interest Expense of 345.5 M or Selling General Administrative of 325.9 M, as well as many indicators such as Price To Sales Ratio of 3.53, Dividend Yield of 0.0031 or PTB Ratio of 5.8. Howmet financial statements analysis is a perfect complement when working with Howmet Aerospace Valuation or Volatility modules.
  
Check out the analysis of Howmet Aerospace Correlation against competitors.
To learn how to invest in Howmet Stock, please use our How to Invest in Howmet Aerospace guide.

Latest Howmet Aerospace's Pb Ratio Growth Pattern

Below is the plot of the Pb Ratio of Howmet Aerospace over the last few years. It is Howmet Aerospace's PB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Howmet Aerospace's overall financial position and show how it may be relating to other accounts over time.
Pb Ratio10 Years Trend
Slightly volatile
   Pb Ratio   
       Timeline  

Howmet Pb Ratio Regression Statistics

Arithmetic Mean2.51
Geometric Mean1.43
Coefficient Of Variation71.05
Mean Deviation1.49
Median1.58
Standard Deviation1.79
Sample Variance3.19
Range5.7966
R-Value0.93
Mean Square Error0.49
R-Squared0.86
Slope0.37
Total Sum of Squares44.63

Howmet Pb Ratio History

2024 5.8
2023 5.53
2022 4.55
2021 3.9
2020 3.47
2019 2.98
2018 1.46

About Howmet Aerospace Financial Statements

Howmet Aerospace investors utilize fundamental indicators, such as Pb Ratio, to predict how Howmet Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
PB Ratio 5.53  5.80 

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When determining whether Howmet Aerospace is a strong investment it is important to analyze Howmet Aerospace's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Howmet Aerospace's future performance. For an informed investment choice regarding Howmet Stock, refer to the following important reports:
Check out the analysis of Howmet Aerospace Correlation against competitors.
To learn how to invest in Howmet Stock, please use our How to Invest in Howmet Aerospace guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Aerospace & Defense space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Howmet Aerospace. If investors know Howmet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Howmet Aerospace listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.8
Dividend Share
0.23
Earnings Share
2.6
Revenue Per Share
17.775
Quarterly Revenue Growth
0.107
The market value of Howmet Aerospace is measured differently than its book value, which is the value of Howmet that is recorded on the company's balance sheet. Investors also form their own opinion of Howmet Aerospace's value that differs from its market value or its book value, called intrinsic value, which is Howmet Aerospace's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Howmet Aerospace's market value can be influenced by many factors that don't directly affect Howmet Aerospace's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Howmet Aerospace's value and its price as these two are different measures arrived at by different means. Investors typically determine if Howmet Aerospace is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Howmet Aerospace's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.