HKELECTRIC-SS2638.HKValuation Analysis
Based on the blended 10-year P/E and P/B percentiles, the stock currently sits in the “Fair Value Range” zone.
As of Oct 16, 2026, HKELECTRIC-SS (2638.HK) trades at a P/E of 17.40x, P/B of 1.09x, P/S of 4.38x, and a dividend yield of 5.18%.
Longitudinal percentile comparison: P/E sits at the 38th percentile over the trailing 10Y window (vs. 74th percentile over 3Y); P/B sits at the 30th percentile over the trailing 10Y window (vs. 62nd percentile over 3Y); P/S sits at the 27th percentile over the trailing 10Y window (vs. 62nd percentile over 3Y).
Cross-sectional valuation: its P/E ranks at the 88th percentile within its industry and the 68th percentile across the broader market.
Shareholder return highlight: Total Shareholder Yield is 5.18%, ranking at the 45th percentile over the trailing 20Y window.
The P/E and P/B long-window percentiles differ by only 8.0 points, pointing to a consistent valuation read across both metrics. Relative to the broader market, its P/E shows a deeper discount than it does against industry peers. Shareholder returns here are driven almost entirely by cash dividends, with minimal contribution from buybacks. HKELECTRIC-SS operates in the Power Generation and Grid sector. Data refreshes weekly and is for reference only, not investment advice.
Also listed as: HKG: 2638 · SEHK: 2638 · 2638
Want the full picture on whether HKELECTRIC-SS (2638.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) | 17.40 | ||||||
| P/B (MRQ) | 1.09 | ||||||
| P/S (TTM) | 4.38 | ||||||
| Dividend Yield | 5.18% | ||||||
| Buyback + Div Yield | 5.18% |