Hawaiian Electric Industries
HE
#4887
Rank
$1.24 B
Marketcap
$11.27
Share price
2.55%
Change (1 day)
-70.21%
Change (1 year)

P/E ratio for Hawaiian Electric Industries (HE)

P/E ratio as of March 2024 (TTM): 5.39

According to Hawaiian Electric Industries's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.39234. At the end of 2022 the company had a P/E ratio of 19.0.

P/E ratio history for Hawaiian Electric Industries from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202219.03.14%
202118.4-5.15%
202019.4-17.01%
201923.419.01%
201819.7-17.22%
201723.864.69%
201614.4-25.18%
201519.3-4.88%
201420.326.92%
201316.0-9.06%
201217.6-4.4%
201118.4-1.56%
201018.7-17.77%
200922.79.79%
200820.7-7.31%
200722.310.18%
200620.322.82%
200516.5-33.22%
200424.738.06%
200317.9-6%
200219.0-26.39%
200125.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-21.1-491.19%๐Ÿ‡บ๐Ÿ‡ธ USA
22.0 307.35%๐Ÿ‡บ๐Ÿ‡ธ USA
17.8 229.18%๐Ÿ‡บ๐Ÿ‡ธ USA
17.0 215.44%๐Ÿ‡บ๐Ÿ‡ธ USA
21.0 289.96%๐Ÿ‡บ๐Ÿ‡ธ USA
18.8 247.72%๐Ÿ‡บ๐Ÿ‡ธ USA
18.4 241.14%๐Ÿ‡บ๐Ÿ‡ธ USA
17.3 220.79%๐Ÿ‡บ๐Ÿ‡ธ USA
15.8 192.54%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.