P/E ratio for Hawaiian Electric Industries (HE)
P/E ratio as of March 2025 (TTM): 5.29
According to Hawaiian Electric Industries's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.29426. 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 |
|---|---|---|
| 2022 | 19.0 | 3.14% |
| 2021 | 18.4 | -5.15% |
| 2020 | 19.4 | -17.01% |
| 2019 | 23.4 | 19.01% |
| 2018 | 19.7 | -17.22% |
| 2017 | 23.8 | 64.69% |
| 2016 | 14.4 | -25.18% |
| 2015 | 19.3 | -4.88% |
| 2014 | 20.3 | 26.92% |
| 2013 | 16.0 | -9.06% |
| 2012 | 17.6 | -4.4% |
| 2011 | 18.4 | -1.56% |
| 2010 | 18.7 | -17.77% |
| 2009 | 22.7 | 9.79% |
| 2008 | 20.7 | -7.31% |
| 2007 | 22.3 | 10.18% |
| 2006 | 20.3 | 22.82% |
| 2005 | 16.5 | -33.22% |
| 2004 | 24.7 | 38.06% |
| 2003 | 17.9 | -6% |
| 2002 | 19.0 | -26.39% |
| 2001 | 25.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 21.4 | 303.34% | 🇺🇸 USA |
 | 17.9 | 237.85% | 🇺🇸 USA |
 | 19.4 | 265.67% | 🇺🇸 USA |
 | 18.8 | 254.93% | 🇺🇸 USA |
 | -14.7 | -378.21% | 🇺🇸 USA |
 | 23.3 | 340.76% | 🇺🇸 USA |
 | 22.0 | 315.46% | 🇺🇸 USA |
 | 22.2 | 320.12% | 🇺🇸 USA |
 | 18.0 | 240.93% | 🇺🇸 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.