Is Howmet Aerospace, Inc. overvalued or undervalued?

As of 14 November 2025, the valuation grade for Howmet Aerospace, Inc. moved from expensive to very expensive, indicating a significant increase in perceived overvaluation. The company is currently considered overvalued based on its high valuation ratios, including a P/E ratio of 55, a Price to Book Value of 14.77, and an EV to EBITDA of 35.63.
In comparison to peers, RTX Corp. has a P/E of 37.08 and an EV to EBITDA of 22.55, while Honeywell International, Inc. shows a more attractive P/E of 30.10 and an EV to EBITDA of 22.85. This suggests that Howmet Aerospace, Inc. is trading at a premium relative to its industry peers. Despite its strong performance with a year-to-date return of 85.87% compared to the S&P 500's 14.49%, the elevated valuation metrics indicate that the stock may not be a prudent investment at this time.