HK Electric Investments and HK Electric Investments Limited
2638
Rank in Stocks
#2703
Operating as an investment holding firm, HK Electric Investments and HK... Operating as an investment holding firm, HK Electric Investments and HK Electric Investments Limited is responsible for the generation, transmission, and distribution of electrical power throughout Hong Kong Island and Lamma Island. By December 31, 2021, the company's power production capabilities encompassed an installed capacity of 3,617 megawatts, utilizing a mix of six coal-fired units, five oil-fired gas turbines, three gas-fired combined-cycle units, a solar power system, and a wind turbine. Its infrastructure further boasted a comprehensive 6,734-kilometer transmission and distribution grid, supported by 4,100 substations and 6,300 transformers. Through this extensive network, it supplied electricity to 584,000 clients across residential, commercial, and industrial segments. The company was established in 1889 and maintains its principal offices in Hong Kong.
Share Price
$0.79186336
Market Cap
$7.00B
Change (1 day)
-0.64%
Change (1 year)
1.56%
Country
HK
Trade HK Electric Investments and HK Electric Investments Limited (2638)
Category
Utilities
P/E ratio for HK Electric Investments and HK Electric Investments Limited (2638)
P/E ratio as of October 2026 TTM: 17.77
According to HK Electric Investments and HK Electric Investments Limited latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.77. At the end of 2023 the company had a P/E ratio of 13.44.
P/E ratio history for HK Electric Investments and HK Electric Investments Limited from 2013 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 17.77 | 18.08% |
| 2024 | 15.05 | 12.01% |
| 2023 | 13.44 | -13.10% |
| 2022 | 15.46 | -32.90% |
| 2021 | 23.05 | -6.61% |
| 2020 | 24.68 | -15.38% |
| 2019 | 29.16 | 27.46% |
| 2018 | 22.88 | 20.99% |
| 2017 | 18.91 | 20.35% |
| 2016 | 15.71 | -1.76% |
| 2015 | 15.99 | 22.57% |
| 2014 | 13.05 | 43.26% |
| 2013 | 9.11 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 17.53 | -1.34% |
US
|
|
| 21.43 | 20.61% |
US
|
|
| - | - |
US
|
|
| 21.67 | 21.95% |
US
|
|
| 21.74 | 22.31% |
US
|
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.