Hawaiian Electric IndustriesHE.NValuation Analysis
Based on the blended 10-year P/E and P/B percentiles, the stock currently sits in the “Deeply Undervalued” zone.
As of Oct 16, 2026, Hawaiian Electric Industries (HE.N) trades at a P/E of 6.61x, P/B of 0.84x, P/S of 0.45x, and a dividend yield of 0.00%.
Longitudinal percentile comparison: P/E sits at the 6th percentile over the trailing 10Y window (vs. 22nd percentile over 3Y); P/B sits at the 10th percentile over the trailing 10Y window (vs. 27th percentile over 3Y); P/S sits at the 11th percentile over the trailing 10Y window (vs. 31st percentile over 3Y).
Cross-sectional valuation: its P/E ranks at the 17th percentile within its industry and the 8th percentile across the broader market.
Shareholder return highlight: Total Shareholder Yield is 2.40%, ranking at the 14th percentile over the trailing 20Y window.
Cross-checking P/E against P/B, the two percentiles sit within 3.9 points of each other — a consistent signal from both angles. The P/E percentile sits lower across the market than within its own industry — relatively cheaper next to the market as a whole. Shareholder returns here lean heavily on buybacks rather than cash dividends. Hawaiian Electric Industries operates in the Transportation, Communications, Electric, Gas, And Sanitary Services sector. Data refreshes weekly and is for reference only, not investment advice.
Also listed as: NYSE: HE · HE
Want the full picture on whether Hawaiian Electric Industries (HE.N) 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) | 6.61 | ||||||
| P/B (MRQ) | 0.84 | ||||||
| P/S (TTM) | 0.45 | ||||||
| Dividend Yield | 0.00% | 0 | 0 | 0 | 0 | 0 | 0 |
| Buyback + Div Yield | 2.40% |