Latest P/E ratio for Hawaiian Electric Industries: 6.47 — see history and peer comparisons.
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The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.
Hawaiian Electric Industries (HE) currently reports a P/E ratio of 6.47. That is below the Utilities sector average of 6.85. Use the charts on this page to explore Hawaiian Electric Industries's P/E ratio history and peer comparisons.
Hawaiian Electric Industries's P/E ratio of 6.47 is lower than the Utilities sector average of 6.85. That is roughly 5.6% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
The P/E ratio is a valuation multiple that relates Hawaiian Electric Industries's market price to a fundamental measure such as earnings, sales, or book value. At 6.47, HE can look expensive or cheap only in context — versus its own history, growth rate, and Utilities peers. Higher multiples often price in stronger expected growth; lower ones can signal value or concern.
Start with the current P/E ratio of 6.47, then check the historical chart for trend and the peer comparison chart for relative positioning. The Utilities average is 6.85. From there, open related valuation or income-statement pages for Hawaiian Electric Industries, and consider following HE for alerts when major investors trade the stock.
Hawaiian Electric Industries is classified in the Utilities sector. On P/E ratio, it currently shows 6.47 versus a sector average near 6.85. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Utilities are usually more informative than comparing HE with unrelated industries.