The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Hawaiian Electric Industries's share price is $9.88.
Hawaiian Electric Industries's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $33.48. Hence, Hawaiian Electric Industries's PS Ratio for today is 0.30.
Good Sign:
Hawaiian Electric Industries Inc stock PS Ratio (=0.3) is close to 10-year low of 0.27
The historical rank and industry rank for Hawaiian Electric Industries's PS Ratio or its related term are showing as below:
HE'
s PS Ratio Range Over the Past 10 Years
Min: 0.27 Med: 1.4 Max: 1.94
Current: 0.3
During the past 13 years, Hawaiian Electric Industries's highest PS Ratio was 1.94. The lowest was 0.27. And the median was 1.40.
HE's PS Ratio is ranked better than 89.02% of 510
companies
in the Utilities - Regulated industry
Industry Median: 1.25
vs HE: 0.30
Hawaiian Electric Industries Inc revenue growth has slowed down over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Hawaiian Electric Industries was -1.80% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 12.40% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 6.20% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 0.80% per year.
During the past 13 years, Hawaiian Electric Industries's highest 3-Year average Revenue per Share Growth Rate was 12.40% per year. The lowest was -12.20% per year. And the median was 2.30% per year.
Back to Basics: PS Ratio
Hawaiian Electric Industries PS Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Hawaiian Electric Industries's PS Ratio
For the Utilities - Regulated Electric subindustry, Hawaiian Electric Industries's PS Ratio, along with its competitors' market caps and PS Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Hawaiian Electric Industries's PS Ratio Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Hawaiian Electric Industries's PS Ratio distribution charts can be found below:
* The bar in red indicates where Hawaiian Electric Industries's PS Ratio falls into.
Hawaiian Electric Industries PS Ratio Calculation
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Hawaiian Electric Industries's Share Price of today is $9.88. Hawaiian Electric Industries's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $33.48.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
Hawaiian Electric Industries (NYSE:HE) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Hawaiian Electric Industries PS Ratio Related Terms
Thank you for viewing the detailed overview of Hawaiian Electric Industries's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Hawaiian Electric Industries (Hawaiian Electric Industries) Business Description
Hawaiian Electric Industries is the parent company of three Hawaii-based regulated utilities and Hawaii's American Savings Bank. The utilities provide electricity on the five islands of Oahu, Hawaii, Maui, Molokai, and Lanai. Nearly 40% of electricity in its service territory comes from renewable energy; this portion is growing rapidly as the state has set a goal of 100% by 2045.
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