SharesGrow 7-Criteria Score
All 7 criteria scored · valuation-related highlighted on this page
Hawaiian Electric Industries, Inc. (HE) trades at a trailing P/E of 21.4, forward P/E of 14.3. Trailing earnings yield is 4.67%, forward earnings yield 7.01%. PEG 0.28 (Peter Lynch undervalued ≤1.0). Graham Number is $12.37.
Criteria proven by this page:
- VALUE (40/100, Partial) — mixed signals — some valuation metrics are favorable while others are stretched.
- Forward P/E 14.3 (down from trailing 21.4) — analysts expect earnings to grow, which would improve the valuation.
- PEG Ratio 0.28 — below 1.0 suggests the stock is undervalued relative to its earnings growth rate (Peter Lynch criterion).
- Trailing Earnings Yield 4.67% — roughly competitive with bond yields (~4.3%), moderate risk-reward. Forward yield improves to 7.01% as earnings recover.
- Analyst consensus target $12.75 (-16.5% downside) — analysts see meaningful downside risk at the current price level.
Overall SharesGrow Score: 32/100 with 0/7 criteria passed.
SharesGrow 7-Criteria Score
~
VALUE
40/100
Price-to-Earnings & upside
Proven by this page
✗
HEALTH
17/100
Debt-to-Equity & liquidity
→ Health
Valuation Snapshot — HE
Valuation Multiples
P/E (TTM)21.4
Forward P/E14.3
PEG Ratio0.28
Forward PEG0.28
P/B Ratio1.68
P/S Ratio0.88
EV/EBITDA8.3
Per Share Data
EPS (TTM)$0.73
Forward EPS (Est.)$1.07
Book Value / Share$9.30
Revenue / Share$17.88
FCF / Share$0.29
Yields & Fair Value
Earnings Yield4.67%
Forward Earnings Yield7.01%
Dividend Yield0.00%
Graham Number$12.37
SharesGrow IV$1.47 (-90.4%)
Analyst Target$12.75 (-16.5%)
Historical Valuation
| Year |
P/E (TTM) |
PEG Ratio |
P/B Ratio |
P/S Ratio |
Dividend Yield |
| 2016 |
14.3 |
0.27 |
1.70 |
1.50 |
3.28% |
| 2017 |
23.5 |
-0.69 |
1.84 |
1.54 |
3.48% |
| 2018 |
19.6 |
0.85 |
1.81 |
1.39 |
3.43% |
| 2019 |
23.4 |
3.37 |
2.21 |
1.78 |
2.73% |
| 2020 |
19.5 |
-2.06 |
1.63 |
1.50 |
3.78% |
| 2021 |
18.4 |
0.76 |
1.87 |
1.59 |
3.32% |
| 2022 |
19.0 |
-8.55 |
2.05 |
1.34 |
2.79% |
| 2023 |
7.8 |
-0.45 |
0.65 |
0.47 |
4.87% |
| 2024 |
-0.9 |
0.00 |
0.82 |
0.38 |
2.27% |
| 2025 |
16.8 |
-0.16 |
1.32 |
0.69 |
0.09% |
P/E Ratio & Earnings Yield
Earnings Per Share (EPS) History
| Year |
EPS (Diluted) |
Revenue |
Net Income |
Net Margin |
| 2016 |
$2.29 |
$2.38B |
$250.15M |
10.5% |
| 2017 |
$1.52 |
$2.56B |
$167.19M |
6.5% |
| 2018 |
$1.87 |
$2.86B |
$203.66M |
7.1% |
| 2019 |
$1.99 |
$2.87B |
$219.77M |
7.6% |
| 2020 |
$1.81 |
$2.58B |
$199.71M |
7.7% |
| 2021 |
$2.25 |
$2.85B |
$248.06M |
8.7% |
| 2022 |
$2.20 |
$3.74B |
$243.03M |
6.5% |
| 2023 |
$1.81 |
$3.29B |
$201.13M |
6.1% |
| 2024 |
$-11.23 |
$3.22B |
$-1.42B |
-44.2% |
| 2025 |
$0.71 |
$3.09B |
$126.28M |
4.1% |
Analyst Estimates
| Year |
EPS (Avg) |
EPS Range |
Revenue (Avg) |
Revenue Range |
Analysts |
| 2026 |
$1.09 |
$1.03 – $1.14 |
$3.59B |
$3.46B – $3.72B |
1 |
| 2027 |
$1.17 |
$1.11 – $1.22 |
$3.81B |
$3.68B – $3.95B |
1 |
| 2028 |
$1.10 |
$1.05 – $1.15 |
$3.92B |
$3.79B – $4.04B |
1 |
| 2029 |
$1.07 |
$1.02 – $1.11 |
$4B |
$3.86B – $4.14B |
1 |
| 2030 |
$1.17 |
$1.12 – $1.22 |
$4.08B |
$3.93B – $4.23B |
1 |
