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Halma (HLMAF, Electronic instruments & equipment) Stock Valuation & Fair Value

Weak on forward returns

Halma (HLMAF, Electronic instruments & equipment) trades at a current P/E of 27.2, about 13% above its historical normal valuation, with a forward growth estimate of 10.8% and a PEG of 2.52. Analysts' one-year estimates have been hit 82% of the time. Priced at its historical normal P/E of 24.1 on the same blended earnings, the 2026-11-06 close of $44.69 corresponds to about $39.50 a share. This is a valuation reference, not a price target. The $44.69 close is the one the P/E is read at; the technical context below uses the 2026-11-05 close, $44.15.

How to read these numbers: the PEG ratio and current P/E versus normal P/E.

DATA AS OF 2026-11-07
Current P/E
27.2
Normal P/E
24.1
PEG
2.52
Fwd growth
10.8%
Div yield
0.7%
RSI (14)
43.1
Neutral
Technical context
  • Price $44.15 at the Nov 5 close, 2.7% below the 20-day average ($45.39) and 5.1% below the 50-day ($46.52).
  • RSI (14) at 43.1.
  • 52-week range $42.67 to $64.90: the price is 32.0% below the high and 3.5% above the low.

Valuation flags

Verdict history

tickerseer's rating moved from poor on forward returns (2026-09-19) to weak on forward returns (2026-11-02). New rating rules took effect in the week of 2026-11-02, and this rating moved across that change, so part of the move may come from the new rules rather than the company.

Current P/E and rating by weekCurrent P/E moved from 29.2 to 27.3 between 2026-09-18 and 2026-10-30, against a normal P/E of 24.1, with 1 rating change over 7 recorded weeks.2026-09-18: P/E 29.2, Poor on forward returns, recalculated for the week of 2026-09-192026-09-18: P/E 29.2, Poor on forward returns, recorded live 2026-09-212026-09-25: P/E 27.8, Poor on forward returns, recalculated for the week of 2026-09-262026-09-25: P/E 27.8, Poor on forward returns, recorded live 2026-09-282026-10-02: P/E 28.7, Poor on forward returns, recalculated for the week of 2026-10-032026-10-02: P/E 28.7, Poor on forward returns, recorded live 2026-10-052026-10-09: P/E 27.8, Poor on forward returns, recalculated for the week of 2026-10-102026-10-09: P/E 27.8, Poor on forward returns, recorded live 2026-10-122026-10-16: P/E 28.0, Poor on forward returns, recalculated for the week of 2026-10-172026-10-16: P/E 28.0, Poor on forward returns, recorded live 2026-10-192026-10-23: P/E 26.6, Poor on forward returns, recalculated for the week of 2026-10-242026-10-23: P/E 26.6, Poor on forward returns, recorded live 2026-10-262026-10-30: P/E 27.3, Weak on forward returns, recalculated for the week of 2026-10-312026-10-30: P/E 27.3, Weak on forward returns, recorded live 2026-11-0226.028.0Sep 18Sep 28Oct 9Oct 20Oct 30Normal P/E 24.1
Weak on forward returnsPoor on forward returnsLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated are worked out from the metrics tickerseer archived that week.

Selected weeks: the first, the latest, every week the rating moved, and the cheapest and dearest.

WeekCurrent P/EPremium to normal P/ERating
2026-09-19P/E 29.2+22%Poor on forward returns (recalculated)
2026-10-24P/E 26.6+11%Poor on forward returns (recalculated)
2026-10-31P/E 27.3+14%Weak on forward returns (recalculated) (across a rating rules change)
2026-11-02P/E 27.3+14%Weak on forward returns ← now
Show all 14 readings
WeekCurrent P/EPremium to normal P/ERating
2026-09-19P/E 29.2+22%Poor on forward returns (recalculated)
2026-09-21P/E 29.2+22%Poor on forward returns
2026-09-26P/E 27.8+16%Poor on forward returns (recalculated)
2026-09-28P/E 27.8+16%Poor on forward returns
2026-10-03P/E 28.7+19%Poor on forward returns (recalculated)
2026-10-05P/E 28.7+19%Poor on forward returns
2026-10-10P/E 27.8+15%Poor on forward returns (recalculated)
2026-10-12P/E 27.8+15%Poor on forward returns
2026-10-17P/E 28.0+16%Poor on forward returns (recalculated)
2026-10-19P/E 28.0+16%Poor on forward returns
2026-10-24P/E 26.6+11%Poor on forward returns (recalculated)
2026-10-26P/E 26.6+11%Poor on forward returns
2026-10-31P/E 27.3+14%Weak on forward returns (recalculated) (across a rating rules change)
2026-11-02P/E 27.3+14%Weak on forward returns ← now

Frequently asked questions

Is Halma stock overvalued?

At a current P/E of 27.2 versus its historical normal P/E of 24.1, Halma trades about 13% above its typical valuation, with a PEG of 2.52 on 10.8% forward growth. tickerseer currently rates it weak on forward returns.

What is Halma's fair value and PEG?

Halma trades at a current P/E of 27.2 against a historical normal P/E of 24.1, a PEG of 2.52, and a forward growth estimate of 10.8%. Priced at its historical normal P/E of 24.1 on the same blended earnings, the 2026-11-06 close of $44.69 corresponds to about $39.50 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of Halma changed?

tickerseer's rating moved from poor on forward returns (2026-09-19) to weak on forward returns (2026-11-02). New rating rules took effect in the week of 2026-11-02, and this rating moved across that change, so part of the move may come from the new rules rather than the company.

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