HEICO price to book ratio HEI
Market value divided by the book value of the company's net assets, since 2010.
- Today, Oct 23, 2026
- 8.4×
- 10-year median
- 8.5×
- Against its 10-year history
- 44th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 4.8× to 12.3×
- Peer median
- 6.7×
HEICO's price to book ratio is 8.4× as of Oct 23, 2026.
That is below its ten-year median of 8.5×, close to the middle of its last ten years.
Over that time it ranged from 4.8× in Nov 2016 to 12.3× in Aug 2019.
The median for 10 aerospace and defense stocks of a similar size is 6.7×.
Price to book ratio over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 8.4× | 8.2× | 11.4× |
| 2025 | 10.8× | 8.4× | 11.4× |
| 2024 | 9.2× | 7.6× | 10.9× |
| 2023 | 7.9× | 7.5× | 9.3× |
| 2022 | 8.1× | 7.4× | 9.3× |
| 2021 | 8.6× | 7.7× | 9.5× |
| 2020 | 9.0× | 5.2× | 10.5× |
| 2019 | 9.3× | 7.2× | 12.3× |
| 2018 | 7.3× | 6.8× | 9.3× |
| 2017 | 6.9× | 5.4× | 7.3× |
| 2016 | 5.4× | 1.7× | 5.9× |
| 2015 | 1.8× | 1.6× | 6.0× |
| 2014 | 5.9× | 4.7× | 6.9× |
| 2013 | 6.5× | 3.9× | 6.6× |
| 2012 | 3.7× | 3.1× | 4.7× |
| 2011 | 4.7× | 2.3× | 4.8× |
| 2010 | 3.6× | 3.6× | 3.7× |
Against its peers
Companies in Aerospace & Defense nearest HEICO's size, closest first, today.
| Company | Price to book ratio |
|---|---|
| HEIHEICO | 8.4× |
| LHXL3Harris Technologies | 2.4× |
| AXONAxon Enterprise | 9.3× |
| HONAHoneywell Aerospace | n/m |
| TDGTransDigm | n/m |
| HWMHowmet Aerospace | 12.9× |
| NOCNorthrop Grumman | 4.4× |
| GDGeneral Dynamics | 3.5× |
| WWDWoodward | 7.2× |
| CWCurtiss-Wright | 6.2× |
| FTAIFTAI Aviation | 39.2× |
| Peer median | 6.7× |
What the price to book ratio tells you
Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.
Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.
More on HEICO
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.