Hyosung Heavy Industries Corporation
298040
Rank in Stocks
#1604
Hyosung Heavy Industries Corporation, founded in Seoul, South Korea, in 1962,... Hyosung Heavy Industries Corporation, founded in Seoul, South Korea, in 1962, operates as a prominent global manufacturer and distributor of heavy-duty electrical equipment. The company's extensive product portfolio encompasses a broad spectrum of solutions for power transmission and distribution. This includes various transformers (power, oil-immersed, cast-resin, and specialized models), shunt reactors, high-voltage and medium/low-voltage switchgears, and advanced high-voltage direct current (HVDC) transmission systems. They also provide STATCOM devices designed to enhance power system stability and quality, alongside comprehensive turnkey solutions. Beyond core electrical components, Hyosung offers sophisticated system and engineering services. These feature condition monitoring systems, asset health management programs, power system maintenance, and both power and process automation solutions. The company is also a key player in the renewable energy sector, supplying energy storage systems, solar inverters, and wind turbines, in addition to offering engineering, procurement, and construction (EPC) services for solar energy projects. Its manufacturing capabilities extend to a wide array of motors, including high and low voltage, DC, general industrial, and special-purpose motors, as well as commercial and emergency power generators. Hyosung further provides chemical equipment, filling stations, industrial gas supply systems, diverse gearboxes, special gear units, and various welding machines (ARC, resistance, and special spot welders). In a distinct division, the corporation undertakes a diverse range of construction activities. These span housing projects, urban redevelopment and reconstruction, business and commercial facility development, civil engineering, environmental initiatives, and Social Overhead Capital (SOC) projects. Additionally, Hyosung offers power conditioning and power management systems. The company maintains a significant international presence, exporting its offerings to markets across North and South America, the Middle East, Africa, and Europe.
Share Price
$1,442.90
Market Cap
$13.44B
Change (1 day)
-1.74%
Change (1 year)
20.01%
Country
KR
Trade Hyosung Heavy Industries Corporation (298040)
Category
Industrials
P/E ratio for Hyosung Heavy Industries Corporation (298040)
P/E ratio as of October 2026 TTM: 30.64
According to Hyosung Heavy Industries Corporation latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.64. At the end of 2024 the company had a P/E ratio of 16.44.
P/E ratio history for Hyosung Heavy Industries Corporation from 2018 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 30.64 | -3.95% |
| 2025 | 31.90 | 94.06% |
| 2024 | 16.44 | 29.83% |
| 2023 | 12.66 | -82.19% |
| 2022 | 71.10 | 654.47% |
| 2021 | 9.42 | -136.14% |
| 2020 | -26.07 | -238.06% |
| 2019 | 18.89 | -90.83% |
| 2018 | 205.88 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 30.77 | 0.43% |
CH
|
|
| 11.47 | -62.56% |
CN
|
|
| 39.95 | 30.39% |
IE
|
|
| 97.50 | 218.20% |
TH
|
|
| 43.39 | 41.60% |
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.