Why Investors Shouldn't Be Surprised By Shanghai Electric Group Co., Ltd.'s (HKG:2727) P/E
Feb 10
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Hong Kong (HSI) Electrical Industry Analysis
UpdatedMar 05, 2026
DataAggregated Company Financials
Companies38
- 7D-3.7%
- 3M26.8%
- 1Y111.9%
- YTD18.6%
Over the last 7 days, the Electrical industry has dropped 6.5%, driven by declines in Time Interconnect Technology and Shanghai Electric Group of 16% and 8.6%, respectively. Meanwhile, Dongfang Electric actually outperformed within the industry, gaining 8.4% in the last week. This takes the industry's 12 month performance to a gain of 107%. Earnings are forecast to grow by 31% annually.
Industry Valuation and Performance
Has the Hong Kong Electrical Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 05 Mar 2026 | HK$508.0b | HK$432.6b | -HK$5,090,693,750.02 | 17.4x | -99.8x | 1.2x |
| Sat, 31 Jan 2026 | HK$441.6b | HK$429.5b | -HK$5,068,187,274.42 | 17.6x | -87.1x | 1x |
| Mon, 29 Dec 2025 | HK$421.5b | HK$424.3b | -HK$5,005,036,903.27 | 17.4x | -84.2x | 1x |
| Wed, 26 Nov 2025 | HK$374.7b | HK$418.3b | -HK$5,039,935,254.62 | 18.2x | -74.3x | 0.9x |
| Fri, 24 Oct 2025 | HK$362.5b | HK$411.1b | -HK$6,410,499,348.60 | 17.7x | -56.6x | 0.9x |
| Sun, 21 Sep 2025 | HK$344.7b | HK$411.7b | -HK$6,355,874,709.66 | 16.7x | -54.2x | 0.8x |
| Tue, 19 Aug 2025 | HK$335.2b | HK$387.2b | -HK$8,250,105,127.87 | 17.8x | -40.6x | 0.9x |
| Thu, 17 Jul 2025 | HK$288.2b | HK$379.9b | -HK$8,705,209,461.61 | 14x | -33.1x | 0.8x |
| Sat, 14 Jun 2025 | HK$278.1b | HK$379.5b | -HK$8,588,713,786.50 | 14.8x | -32.4x | 0.7x |
| Mon, 12 May 2025 | HK$264.3b | HK$373.5b | -HK$8,454,691,849.56 | 13.9x | -31.3x | 0.7x |
| Wed, 09 Apr 2025 | HK$206.1b | HK$359.2b | -HK$8,879,101,790.99 | 9.4x | -23.2x | 0.6x |
| Fri, 07 Mar 2025 | HK$244.0b | HK$342.5b | -HK$1,705,453,663.00 | 8.4x | -143x | 0.7x |
| Sun, 02 Feb 2025 | HK$221.6b | HK$343.4b | -HK$1,742,223,253.33 | 7.9x | -127.2x | 0.6x |
| Tue, 31 Dec 2024 | HK$235.8b | HK$339.9b | -HK$1,749,911,515.75 | 8.8x | -134.7x | 0.7x |
| Thu, 28 Nov 2024 | HK$258.7b | HK$343.5b | -HK$1,690,026,814.52 | 9.7x | -153.1x | 0.8x |
| Sat, 26 Oct 2024 | HK$223.7b | HK$345.2b | -HK$1,728,440,058.91 | 9.1x | -129.4x | 0.6x |
| Mon, 23 Sep 2024 | HK$175.2b | HK$349.6b | -HK$2,127,162,574.81 | 7x | -82.4x | 0.5x |
| Wed, 21 Aug 2024 | HK$189.8b | HK$339.3b | -HK$698,276,856.98 | 8.4x | -271.8x | 0.6x |
| Fri, 19 Jul 2024 | HK$195.5b | HK$334.7b | -HK$627,427,509.38 | 9.3x | -311.7x | 0.6x |
| Sun, 16 Jun 2024 | HK$195.1b | HK$335.0b | -HK$628,870,871.26 | 10.2x | -310.2x | 0.6x |
| Tue, 14 May 2024 | HK$202.3b | HK$335.9b | -HK$622,730,610.10 | 9.9x | -324.9x | 0.6x |
| Thu, 11 Apr 2024 | HK$186.9b | HK$338.3b | HK$2.0b | 8x | 92.6x | 0.6x |
| Sat, 09 Mar 2024 | HK$185.9b | HK$337.5b | HK$1.7b | 7.5x | 109.8x | 0.6x |
| Mon, 05 Feb 2024 | HK$182.9b | HK$358.3b | HK$1.9b | 7.1x | 97.7x | 0.5x |
| Wed, 03 Jan 2024 | HK$205.2b | HK$360.4b | HK$1.9b | 7.2x | 108.8x | 0.6x |
| Fri, 01 Dec 2023 | HK$151.1b | HK$340.6b | HK$2.7b | 7.5x | 56.4x | 0.4x |
| Sun, 29 Oct 2023 | HK$150.7b | HK$335.2b | HK$1.6b | 8.4x | 91.6x | 0.4x |
| Tue, 26 Sep 2023 | HK$154.7b | HK$335.4b | HK$1.7b | 9.8x | 91.8x | 0.5x |
| Thu, 24 Aug 2023 | HK$155.5b | HK$325.8b | HK$470.4m | 11.3x | 330.6x | 0.5x |
| Sat, 22 Jul 2023 | HK$168.2b | HK$329.6b | HK$403.0m | 10.2x | 417.5x | 0.5x |
| Mon, 19 Jun 2023 | HK$169.8b | HK$331.1b | HK$359.5m | 10.3x | 472.4x | 0.5x |
| Wed, 17 May 2023 | HK$179.0b | HK$338.9b | HK$373.0m | 10.3x | 479.8x | 0.5x |
| Fri, 14 Apr 2023 | HK$177.9b | HK$348.2b | HK$51.1m | 11.1x | 3482.8x | 0.5x |
| Sun, 12 Mar 2023 | HK$181.3b | HK$338.1b | -HK$11,216,973,612.00 | 12.4x | -16.2x | 0.5x |
Price to Earnings Ratio
-16.2x
Current Industry PE
- Investors are optimistic on the Hong Kong Electrical industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 0.66x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Electrical industry have improved over the last three years.
- Revenues for these companies have grown 8.5% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Trends
Which industries have driven the changes within the Hong Kong Industrials industry?
| HK Market | -4.00% | |
| Industrials | -4.43% | |
| Electrical | -3.69% | |
| Heavy Electrical Equipment | -1.36% | |
| Electrical Components | -9.55% | |
Industry PE
- Investors are most optimistic about the Electrical Components industry which is trading above its 3-year average PE ratio of 232x.
- Analysts are expecting annual earnings growth of 66.9%, which is higher than its past year's earnings growth of 10.5% per year.
Forecasted Growth
- Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 67% over the next 5 years.
- This is better than its past earnings growth rate of 10% per year.
- In contrast, the Heavy Electrical Equipment industry is expected to see its earnings grow by 19% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 1072 Dongfang Electric | HK$38.02 | 8.4% +HK$10.2b | 279.4% | PE35.6x | |
| 42 Northeast Electric Development | HK$0.47 | 14.5% +HK$52.4m | 79.2% | PS2.2x | |
| 1608 VPower Group International Holdings | HK$0.12 | 1.7% +HK$13.3m | -36.8% | PS0.6x | |
| 1421 Prosperity Group International | HK$0.40 | 17.9% +HK$12.0m | 88.1% | PS0.5x | |
| 1979 Ten Pao Group Holdings | HK$2.74 | 0.4% +HK$10.3m | 49.7% | PE6.7x |
