Hitek Global Inc. (HKIT) P/E Ratio History
Historical price-to-earnings valuation from 2023 to 2024
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HKIT Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 7, 2026, Hitek Global Inc. (HKIT) trades at a price-to-earnings ratio of 0.7x, with a stock price of $0.75 and trailing twelve-month earnings per share of $-1.22.
The current P/E is 96% below its 5-year average of 18.9x. Over the past five years, HKIT's P/E has ranged from a low of 5.8x to a high of 33.0x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Technology sector median P/E of 27.5x, HKIT trades at a 97% discount to its sector peers. The sector includes 357 companies with P/E ratios ranging from 0.0x to 175.4x.
Relative to the broader market, HKIT trades at a notable discount to the S&P 500 median P/E of 25.2x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our HKIT DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
HKIT P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $134M | 32.2 | 7.52 | +16% | |
| $622M | 9.7Lowest | - | +225%Best | |
| $212B | 20.2 | 1.63Best | +74% | |
| $202B | 24.6 | 3.73 | +126% | |
| $558B | 44.7 | 6.30 | +17% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
HKIT Historical P/E Data (2023–2024)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2024 Q4 | $71.50 | $2.17 | 33.0x | +74% | |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $83.50 | $6.56 | 12.7x | -33% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $52.50 | $9.04 | 5.8x | -69% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $245.50 | $10.13 | 24.2x | +28% |
Average P/E for displayed period: 18.9x
See HKIT's True Return
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DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
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Start ComparisonHKIT — Frequently Asked Questions
Quick answers to the most common questions about buying HKIT stock.
Is HKIT stock overvalued or undervalued?
HKIT trades at 0.7x P/E, below its 5-year average of 18.9x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.
How does HKIT's valuation compare to peers?
Hitek Global Inc. P/E of 0.7x compares to sector median of 27.5x. The discount suggests lower growth expectations or higher risk.
What is HKIT's PEG ratio?
HKIT PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2023-2024.