
HKIT P/E Ratio
P/E Ratio as of Jun 13, 2025: -31.03
Average-28.15
Median-31.72
Minimum-35.63
Maximum32.63
-31.03
Past Month-63.66 (195.10%)
The P/E ratio for HKIT is -31.03 as of Jun 13, 2025. This represents a decrease of -202.54% compared to its 12-month average P/E ratio of 30.26. A higher P/E ratio suggests that investors expect strong future earnings growth, while a lower P/E ratio may indicate a potentially undervalued stock or slowing growth.
Hitek Global Inc P/E Ratio Formula = Stock Price ÷ Earnings Per Share (EPS)
Hitek Global Inc’s P/E ratio represents the valuation of the company based on its earnings. It’s calculated by dividing the company’s latest stock price by its diluted earnings per share (EPS) over the past 12 months. The P/E ratio helps investors assess how much they are paying for each dollar of earnings, offering valuable insights when comparing Hitek Global Inc to industry peers.
Hitek Global Inc P/E Ratio Formula = Stock Price ÷ Earnings Per Share (EPS)
Hitek Global Inc’s P/E ratio represents the valuation of the company based on its earnings. It’s calculated by dividing the company’s latest stock price by its diluted earnings per share (EPS) over the past 12 months. The P/E ratio helps investors assess how much they are paying for each dollar of earnings, offering valuable insights when comparing Hitek Global Inc to industry peers.
HKIT P/E Ratio Insights
See Hitek Global Inc’s latest P/E ratio, historical trends, and valuation insights with AI-powered fundamental data and custom analysis.
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HKIT P/E Ratio Historic Data
Date | Stock price | P/E ratio |
---|---|---|
Jun 2, 2025 | $1.55 | -35.63 |
May 1, 2025 | $1.21 | 31.84 |
Apr 1, 2025 | $1.26 | 33.16 |
Mar 3, 2025 | $1.20 | 31.58 |
Feb 3, 2025 | $1.274 | 33.53 |
Jan 2, 2025 | $1.44 | 37.89 |
HKIT End of Year P/E Ratio
Date | P/E ratio | Change |
---|---|---|
2025 | -31.03 | -182.46% |
2024 | 37.63 | +233.60% |
2023 | 11.28 | -75.65% |
2021 | 46.33 | — |
FAQs About Hitek Global Inc (HKIT) P/E ratio
The latest P/E ratio of HKIT is -31.03, as of Jun 13, 2025. This is calculated based on its current stock price and earnings per share (EPS).
Hitek Global Inc’s last 12-month average P/E ratio is 30.26, compared to its current P/E ratio of -31.03. This reflects a decrease of -202.54%.
Hitek Global Inc’s current P/E ratio of -31.03 is lower than its last 12-month average P/E of 30.26. A higher P/E can indicate strong future growth expectations, while a lower P/E might suggest undervaluation.
Hitek Global Inc’s average P/E ratio over the last 3 years is 40.49. Comparing this to the current P/E helps assess recent valuation trends and whether the stock is trading above or below its mid-term historical range.
Hitek Global Inc’s average P/E ratio over the last 5 years is 24.29. A deviation from this historical average may indicate shifts in growth expectations, profitability, or broader market conditions affecting valuation.