Honeywell looks cheaper on two of the three valuation measures in this snapshot, while Axon has the lower PEG. That’s a useful starting point, not a verdict on either company.
Honeywell International Inc. (HON) and Axon Enterprise Inc. (AXON) are both in the Industrials sector and Capital Goods industry group, but their businesses and financial profiles differ. Comparing their multiples shows how the market values them, but it doesn’t tell you which stock is the better fit. At the adjusted close on 2026-11-04, HON traded at US$228.47, with a market cap of US$72.4B. AXON traded at US$424.18, with a market cap of US$33.8B. Our table lists a Buy consensus label for both, with analyst targets of US$253.91 for HON and US$680.37 for AXON. These are snapshot figures, not forecasts or guarantees.
Investor takeaway: Based on the supplied P/E, PEG and P/B figures, Honeywell is lower on two measures: its P/E is 11.3, compared with Axon’s 172.9, and its P/B is 3.23, compared with 9.38. Axon has the lower PEG, at 1.53 versus Honeywell’s 3.11. The results are mixed, with no clear winner across all three measures. Lower multiples don’t prove a stock is undervalued, that its business is stronger, or that its shares will perform better. Each ratio uses different inputs, so consider them alongside each company’s financial profile.
Stocks in this list
Live snapshots — open any name for the full quote and Wealth Awesome price forecast.
Honeywell International Inc
HON.US
Industrials
$228.47
$72.41B
1D
+1.97%
1W
+4.20%
Axon Enterprise Inc.
AXON.US
Industrials
$424.18
$33.84B
1D
+1.83%
1W
+0.24%
Honeywell is cheaper on P/E and P/B; Axon is lower on PEG
HON’s P/E of 11.3 is below AXON’s 172.9, and its P/B of 3.23 is below AXON’s 9.38. Axon has the lower PEG: 1.53 compared with Honeywell’s 3.11. The snapshot shows a split, not a clear valuation verdict.
Bull case
Honeywell’s snapshot shows a 3.50% dividend yield and 44.4% TTM ROE. These figures may interest investors comparing income and reported profitability, but they don’t predict future results.
Bear case
Honeywell’s PEG is higher than Axon’s, and its lower P/E and P/B don’t explain why the market values the two companies differently. A low multiple alone doesn’t make a stock a bargain.
The valuation table is mixed
The supplied multiples favour Honeywell on P/E and P/B, while Axon has the lower PEG.
| Measure | HON | AXON |
|---|---|---|
| P/E | 11.3 | 172.9 |
| PEG | 3.11 | 1.53 |
| P/B | 3.23 | 9.38 |
This compares the figures in the snapshot, not the quality of the businesses. Each measure captures a different aspect of valuation, and none can tell you on its own whether a share price is fair. See Honeywell’s stock page and Axon’s stock page for more company-specific context.
Financial profiles add context
Honeywell’s snapshot shows a 3.50% dividend yield and 44.4% TTM ROE. Axon’s yield is 0.00%, and its TTM ROE is 6.2%. These figures describe reported snapshot measures, not future results. The companies also differ in market cap: US$72.4B for HON and US$33.8B for AXON. When comparing them, consider what each business does and how its financial profile relates to its multiples. Don’t treat lower figures as a signal on their own.
Targets and consensus are snapshot data
Our table labels both stocks Buy and lists analyst targets of US$253.91 for HON and US$680.37 for AXON. These consensus and target figures aren’t promises about future prices. Along with the mixed multiples, they offer context for further research, not a reason to declare one stock the better value.
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