SMC ELECTRIC2381.HKValuation Analysis
Based on the blended 10-year P/E and P/B percentiles, the stock currently sits in the “Richly Valued” zone.
As of Oct 16, 2026, SMC ELECTRIC (2381.HK) trades at a negative P/E (-112.54x, due to a recent net loss), P/B of 6.20x, P/S of 4.14x, and a dividend yield of 1.32%.
Longitudinal percentile comparison: P/E historical percentile is still accumulating data over the trailing long-term window (vs. the short-term percentile still accumulating data); P/B sits at the 99th percentile over the trailing 10Y window (vs. 99th percentile over 3Y); P/S sits at the 99th percentile over the trailing 10Y window (vs. 99th percentile over 3Y).
Cross-sectional valuation: its P/B ranks at the 100th percentile within its industry and the 92nd percentile across the broader market.
Shareholder return highlight: Total Shareholder Yield is 1.32%, ranking at the 10th percentile over the trailing 20Y window.
The P/B percentile sits lower across the market than within its own industry — relatively cheaper next to the market as a whole. Shareholder returns here are driven almost entirely by cash dividends, with minimal contribution from buybacks. SMC ELECTRIC operates in the Lighting Electricians and Others sector. Data refreshes weekly and is for reference only, not investment advice.
Also listed as: HKG: 2381 · SEHK: 2381 · 2381
Want the full picture on whether SMC ELECTRIC (2381.HK) is under- or over-valued? See the full 3Y / 5Y / 10Y / 20Y P/E, P/B, P/S, Dividend Yield & Total Shareholder Yield percentile matrix and the interactive ECharts trend chart on this page.
Historical Percentiles by Metric
| Metric | Current | Market Percentile | Industry Percentile | 3Y Pctl | 5Y Pctl | 10Y Pctl | 20Y Pctl |
|---|---|---|---|---|---|---|---|
| P/E (TTM) | -112.54 | Negative | Negative | Negative | Negative | Negative | Negative |
| P/B (MRQ) | 6.20 | ||||||
| P/S (TTM) | 4.14 | ||||||
| Dividend Yield | 1.32% | ||||||
| Buyback + Div Yield | 1.32% |