Hitek Global Inc. (HKIT) P/E Ratio History
Deep ValueTrading at 0.1x · 0th percentile of 5-year range · Significant discount to historical valuation · Data 2023–2024
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P/E Ratio Analysis
The current P/E is 100% below its 5-year average of 56.8x. Over the past five years, HKIT's P/E has ranged from a low of 17.4x to a high of 99.1x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Technology sector median P/E of 24.9x, HKIT trades at a 100% discount to its sector peers. The sector includes 329 companies with P/E ratios ranging from 0.0x to 185.0x.
Relative to the broader market, HKIT trades at a notable discount to the S&P 500 median P/E of 21.8x. 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 Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
HKIT P/E vs Peers
IT and Component Distributors peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $94M | 18.7 | 4.36 | +16% | |
| $231B | 20.9 | 1.56Best | +74% | |
| $272B | 30.4 | 4.06 | +135%Best | |
| $334B | 18.4Lowest | 3.62 | +34% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
HKIT Historical P/E Data (2023–2024)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2024 Q4 | - | $5362.50 | $54.13 | 99.1x | +74% |
| FY2024 Q2 | Jun 30 2024 | $6262.50 | $164.00 | 38.2x | -33% |
| FY2023 Q4 | Dec 31 2023 | $3937.50 | $226.00 | 17.4x | -69% |
| FY2023 Q2 | Jun 30 2023 | $18412.50 | $253.38 | 72.7x | +28% |
Average P/E for displayed period: 56.8x
HKIT Chart Terminal
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Intrinsic Valuation
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Historical Returns
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Peer Comparison
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HKIT — Frequently Asked Questions
Quick answers to the most common questions about buying HKIT stock.
What is HKIT's P/E ratio?
Hitek Global Inc. (HKIT) trailing twelve-month P/E ratio is 0.1x, based on TTM diluted EPS of N/A. The 5-year average P/E is 56.8x and the historical range spans 17.4x to 99.1x.
Is HKIT stock overvalued or undervalued?
HKIT trades at 0.1x P/E, below its 5-year average of 56.8x. At the 0th percentile of its historical range (17.4x–99.1x), the stock is priced at a discount to its own history.
Is HKIT stock expensive?
No, HKIT is not expensive on a historical basis. The current P/E of 0.1x is below the 5-year average of 56.8x and sits at the 0th percentile of its valuation range.
What is HKIT's historical P/E range?
Over the past 5 years, HKIT's P/E ratio has ranged from 17.4x to 99.1x, with a median of 72.7x and an average of 56.8x. The current P/E of 0.1x places the stock at the 0th percentile of this range. Full historical data spans 2023–2024.
How does HKIT's P/E compare to the S&P 500?
HKIT trades at 0.1x P/E versus the S&P 500 median of 21.8x. The 100% discount to the market suggests lower growth expectations or perceived higher risk.
How does HKIT's valuation compare to Technology peers?
Hitek Global Inc. P/E of 0.1x compares to the Technology sector median of 24.9x. The discount suggests lower growth expectations, weaker margins, or higher perceived risk relative to peers. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is HKIT's PEG ratio?
HKIT PEG ratio is N/A, based on a P/E of 0.1x and EPS growth of 132.1%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is HKIT's earnings yield?
HKIT earnings yield is 100.00%, the inverse of its 0.1x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.