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Howmet Aerospace price to book ratio HWM

Market value divided by the book value of the company's net assets, since 2009.

Today, Oct 23, 2026
12.9×
10-year median
3.9×
Against its 10-year history
85th
percentile: 0 is its lowest day, 100 its highest
10-year range
0.6× to 21.0×
Peer median
6.4×

Howmet Aerospace's price to book ratio is 12.9× as of Oct 23, 2026.

That is above its ten-year median of 3.9×, higher than on 85% of days in the last ten years.

Over that time it ranged from 0.6× in Nov 2016 to 21.0× in Jul 2026.

The median for 10 aerospace and defense stocks of a similar size is 6.4×.

Price to book ratio over time

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
2026 so far12.9×12.9×21.0×
202516.5×10.0×16.5×
202410.0×5.7×10.7×
20235.8×4.5×5.8×
20225.0×3.7×5.0×
20213.8×3.0×4.2×
20203.5×1.0×3.5×
20192.9×1.5×2.9×
20181.5×1.5×2.5×
20172.2×0.8×2.4×
20160.7×0.5×0.9×
20150.7×0.6×1.1×
20141.1×0.6×1.2×
20130.6×0.4×0.6×
20120.5×0.4×0.6×
20110.4×0.4×1.0×
20100.8×0.5×0.8×
20090.8×0.6×0.8×

Against its peers

Companies in Aerospace & Defense nearest Howmet Aerospace's size, closest first, today.

CompanyPrice to book ratio
HWMHowmet Aerospace12.9×
NOCNorthrop Grumman4.4×
TDGTransDigmn/m
GDGeneral Dynamics3.5×
HONAHoneywell Aerospacen/m
LHXL3Harris Technologies2.4×
HEIHEICO8.4×
LMTLockheed Martin13.9×
BABoeing24.4×
AXONAxon Enterprise9.3×
RTXRTX3.7×
Peer median6.4×

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 Howmet Aerospace

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.