Hong Kong (HSI) Gas Utilities Industry Analysis

UpdatedMar 11, 2026

DataAggregated Company Financials

Companies18

7D-4.6%
3M1.1%
1Y9.8%
YTD2.7%

Over the last 7 days, the Gas Utilities industry has dropped 2.0%, driven by declines from every company within the industry. This takes the industry's 12 month performance to a gain of 10%. As for the next few years, earnings are expected to grow by 7.2% per annum.

Industry Valuation and Performance

Has the Hong Kong Gas Utilities Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 11 Mar 2026	HK$449.0b	HK$753.7b	HK$33.7b	8.7x	13.3x	0.6x
Fri, 06 Feb 2026	HK$457.9b	HK$748.5b	HK$33.5b	8.5x	13.7x	0.6x
Sun, 04 Jan 2026	HK$437.3b	HK$743.8b	HK$33.3b	8.6x	13.1x	0.6x
Tue, 02 Dec 2025	HK$451.7b	HK$738.6b	HK$33.1b	8.8x	13.7x	0.6x
Thu, 30 Oct 2025	HK$443.8b	HK$736.5b	HK$33.4b	9.4x	13.3x	0.6x
Sat, 27 Sep 2025	HK$420.1b	HK$734.7b	HK$33.3b	9.5x	12.6x	0.6x
Mon, 25 Aug 2025	HK$431.7b	HK$734.5b	HK$34.3b	10x	12.6x	0.6x
Wed, 23 Jul 2025	HK$441.0b	HK$732.1b	HK$34.6b	9.8x	12.8x	0.6x
Fri, 20 Jun 2025	HK$424.6b	HK$732.5b	HK$34.4b	9x	12.4x	0.6x
Sun, 18 May 2025	HK$429.1b	HK$729.1b	HK$34.2b	8.2x	12.5x	0.6x
Tue, 15 Apr 2025	HK$416.4b	HK$719.9b	HK$33.8b	8.1x	12.3x	0.6x
Thu, 13 Mar 2025	HK$415.7b	HK$726.3b	HK$33.4b	9.4x	12.4x	0.6x
Sat, 08 Feb 2025	HK$394.8b	HK$724.7b	HK$33.4b	8.7x	11.8x	0.5x
Mon, 06 Jan 2025	HK$415.8b	HK$722.3b	HK$33.3b	8.9x	12.5x	0.6x
Wed, 04 Dec 2024	HK$400.1b	HK$724.5b	HK$33.4b	8.5x	12x	0.6x
Fri, 01 Nov 2024	HK$416.4b	HK$734.7b	HK$33.8b	9.1x	12.3x	0.6x
Sun, 29 Sep 2024	HK$442.0b	HK$741.3b	HK$34.1b	9.1x	13x	0.6x
Tue, 27 Aug 2024	HK$404.0b	HK$726.5b	HK$35.1b	8.9x	11.5x	0.6x
Thu, 25 Jul 2024	HK$420.5b	HK$717.9b	HK$36.5b	8.8x	11.5x	0.6x
Sat, 22 Jun 2024	HK$418.0b	HK$722.1b	HK$36.2b	9.3x	11.6x	0.6x
Mon, 20 May 2024	HK$454.9b	HK$724.2b	HK$36.3b	10.4x	12.5x	0.6x
Wed, 17 Apr 2024	HK$404.9b	HK$718.0b	HK$36.9b	9.3x	11x	0.6x
Fri, 15 Mar 2024	HK$416.0b	HK$717.6b	HK$36.4b	10.1x	11.4x	0.6x
Sun, 11 Feb 2024	HK$383.4b	HK$719.0b	HK$36.4b	9.5x	10.5x	0.5x
Tue, 09 Jan 2024	HK$405.3b	HK$718.4b	HK$36.4b	10.3x	11.1x	0.6x
Thu, 07 Dec 2023	HK$384.5b	HK$718.5b	HK$36.4b	10.4x	10.6x	0.5x
Sat, 04 Nov 2023	HK$398.7b	HK$719.2b	HK$37.6b	10.1x	10.6x	0.6x
Mon, 02 Oct 2023	HK$399.4b	HK$719.9b	HK$37.6b	9.5x	10.6x	0.6x
Wed, 30 Aug 2023	HK$399.4b	HK$714.8b	HK$37.7b	9.9x	10.6x	0.6x
Fri, 28 Jul 2023	HK$465.0b	HK$723.2b	HK$37.0b	10.8x	12.6x	0.6x
Sun, 25 Jun 2023	HK$467.6b	HK$723.1b	HK$39.5b	10.7x	11.8x	0.6x
Tue, 23 May 2023	HK$527.1b	HK$729.8b	HK$39.8b	11.7x	13.2x	0.7x
Thu, 20 Apr 2023	HK$498.1b	HK$737.4b	HK$40.1b	10.7x	12.4x	0.7x
Sat, 18 Mar 2023	HK$522.0b	HK$705.1b	HK$44.3b	9.4x	11.8x	0.7x

Price to Earnings Ratio

11.8x

Sat, 18 Mar 2023

Current Industry PE

Investors are optimistic on the Hong Kong Gas Utilities industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 13.4x which is higher than its 3-year average PE of 12.1x.

The industry is trading close to its 3-year average PS ratio of 0.59x.

Past Earnings Growth

The earnings for companies in the Gas Utilities industry have declined 9.2% per year over the last three years.
Meanwhile revenues for these companies have grown 2.1% per year.
This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.