Hawaiian Price Sales Ratio from 2010 to 2024

HE Stock  USD 10.61  0.11  1.05%   
Hawaiian Electric's Price Sales Ratio is increasing over the years with stable fluctuation. Overall, Price Sales Ratio is expected to go to 0.77 this year. During the period from 2010 to 2024 Hawaiian Electric Price Sales Ratio annual values regression line had geometric mean of  1.05 and mean square error of  0.17. View All Fundamentals
 
Price Sales Ratio  
First Reported
2010-12-31
Previous Quarter
0.42290228
Current Value
0.77
Quarterly Volatility
0.41611026
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hawaiian Electric financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hawaiian Electric's main balance sheet or income statement drivers, such as Interest Expense of 126.3 M, Total Revenue of 2.2 B or Gross Profit of 383.5 M, as well as many indicators such as Price To Sales Ratio of 0.77, Dividend Yield of 0.0492 or PTB Ratio of 1.28. Hawaiian financial statements analysis is a perfect complement when working with Hawaiian Electric Valuation or Volatility modules.
  
Check out the analysis of Hawaiian Electric Correlation against competitors.

Latest Hawaiian Electric's Price Sales Ratio Growth Pattern

Below is the plot of the Price Sales Ratio of Hawaiian Electric Industries over the last few years. It is Hawaiian Electric's Price Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hawaiian Electric's overall financial position and show how it may be relating to other accounts over time.
Price Sales Ratio10 Years Trend
Pretty Stable
   Price Sales Ratio   
       Timeline  

Hawaiian Price Sales Ratio Regression Statistics

Arithmetic Mean1.13
Geometric Mean1.05
Coefficient Of Variation36.95
Mean Deviation0.36
Median1.18
Standard Deviation0.42
Sample Variance0.17
Range1.3531
R-Value0.26
Mean Square Error0.17
R-Squared0.07
Significance0.34
Slope0.02
Total Sum of Squares2.42

Hawaiian Price Sales Ratio History

2024 0.77
2023 0.42
2022 1.22
2021 1.59
2019 1.78
2018 1.39
2017 1.54

About Hawaiian Electric Financial Statements

Hawaiian Electric stakeholders use historical fundamental indicators, such as Hawaiian Electric's Price Sales Ratio, to determine how well the company is positioned to perform in the future. Although Hawaiian Electric investors may analyze each financial statement separately, they are all interrelated. For example, changes in Hawaiian Electric's assets and liabilities are reflected in the revenues and expenses on Hawaiian Electric's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Hawaiian Electric Industries. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Sales Ratio 0.42  0.77 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out the analysis of Hawaiian Electric Correlation against competitors.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hawaiian Electric. If investors know Hawaiian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hawaiian Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.24)
Earnings Share
(11.72)
Revenue Per Share
33.159
Quarterly Revenue Growth
0.04
Return On Assets
(0.12)
The market value of Hawaiian Electric is measured differently than its book value, which is the value of Hawaiian that is recorded on the company's balance sheet. Investors also form their own opinion of Hawaiian Electric's value that differs from its market value or its book value, called intrinsic value, which is Hawaiian Electric's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hawaiian Electric's market value can be influenced by many factors that don't directly affect Hawaiian Electric's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hawaiian Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hawaiian Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hawaiian Electric's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.