HKVTY (HK Electric Investments and HK Electric Investments) E10: $0.45 (As of Dec. 2025)


HKVTY HK Electric Investments and HK Electric Investments Ltd HKVTY
76 GF Score
Price $7.80
GF Value $6.77
Valuation Modestly Overvalued
! 6 Warning Signs
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What is HK Electric Investments and HK Electric Investments E10?

HK Electric Investments and HK Electric Investments HKVTY 76 E10 is $0.45 as of Dec. 2025. GuruFocus rates HKVTY with a GF Score™ of 76/100 and a GF Value™ of $6.77 (Modestly Overvalued). The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

HK Electric Investments and HK Electric Investments's adjusted earnings per share data for the fiscal year that ended in Dec. 2025 was $0.458. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.45 for the trailing ten years ended in Dec. 2025.

During the past 12 months, HK Electric Investments and HK Electric Investments's average E10 Growth Rate was -2.60% per year. During the past 3 years, the average E10 Growth Rate was -0.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of HK Electric Investments and HK Electric Investments was -0.90% per year. The lowest was -0.90% per year. And the median was -0.90% per year.

As of today (2026-06-27), HK Electric Investments and HK Electric Investments's current stock price is $ 7.80. HK Electric Investments and HK Electric Investments's E10 for the fiscal year that ended in Dec. 2025 was $0.45. HK Electric Investments and HK Electric Investments's Shiller PE Ratio of today is 17.33.

During the past 13 years, the highest Shiller PE Ratio of HK Electric Investments and HK Electric Investments was 18.97. The lowest was 11.34. And the median was 13.82.


HK Electric Investments and HK Electric Investments  (OTCPK:HKVTY) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

HK Electric Investments and HK Electric Investments's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=7.80/0.45
=17.33

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of HK Electric Investments and HK Electric Investments was 18.97. The lowest was 11.34. And the median was 13.82.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


HK Electric Investments and HK Electric Investments E10 Related Terms


HK Electric Investments and HK Electric Investments E10 Historical Data

* Premium members only.

The historical data trend for HK Electric Investments and HK Electric Investments's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

HK Electric Investments and HK Electric Investments E10 Chart

HK Electric Investments and HK Electric Investments Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.66 0.47 0.49 0.45

HK Electric Investments and HK Electric Investments Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.47 0.00 0.49 0.00 0.45

HKVTY vs NEE, SO, DUK: E10 Comparison

For the Utilities - Regulated Electric subindustry, HK Electric Investments and HK Electric Investments's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HK Electric Investments and HK Electric Investments Shiller PE Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, HK Electric Investments and HK Electric Investments's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where HK Electric Investments and HK Electric Investments's Shiller PE Ratio falls into.


HKVTY
76GF Score
HK Electric Investments and HK Electric Investments Ltd HKVTY
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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HK Electric Investments and HK Electric Investments E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, HK Electric Investments and HK Electric Investments's adjusted earnings per share data for the fiscal year that ended in Dec. 2025 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.458/120.7036*120.7036
=0.458

Current CPI (Dec. 2025) = 120.7036.

HK Electric Investments and HK Electric Investments Annual Data

per_share_eps CPI Adj_EPS
201612 0.525 103.225 0.614
201712 0.484 104.984 0.556
201812 0.442 107.622 0.496
201912 0.337 110.700 0.367
202012 0.399 109.711 0.439
202112 0.426 112.349 0.458
202212 0.429 114.548 0.452
202312 0.457 117.296 0.470
202412 0.453 118.945 0.460
202512 0.458 120.704 0.458

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of $0.45 mean?
HK Electric Investments and HK Electric Investments (HKVTY) has a E10 of $0.45 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on HK Electric Investments and HK Electric Investments and its competitors.
Is HK Electric Investments and HK Electric Investments' E10 too high?
HK Electric Investments and HK Electric Investments' current E10 is $0.45. Overall, HK Electric Investments and HK Electric Investments has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HK Electric Investments and HK Electric Investments' E10 compare to NEE and SO?
HK Electric Investments and HK Electric Investments' E10 of $0.45 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for an Utilities - Regulated company?
A good E10 depends on the Utilities - Regulated industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on HK Electric Investments and HK Electric Investments and its competitors. HK Electric Investments and HK Electric Investments's current E10 is $0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HK Electric Investments and HK Electric Investments stock overvalued right now?
Based on GuruFocus' analysis, HK Electric Investments and HK Electric Investments (HKVTY) is currently considered Modestly Overvalued. The stock's GF Value™ is $6.77, compared to a current price of $7.80 — trading 15.2% above its estimated fair value. The current E10 is $0.45. HK Electric Investments and HK Electric Investments' overall GF Score™ is 76/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For HK Electric Investments and HK Electric Investments (HKVTY), the current E10 is $0.45 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is HK Electric Investments and HK Electric Investments (HKVTY) Overvalued in 2026?

Based on GuruFocus' analysis, HK Electric Investments and HK Electric Investments stock appears to be overvalued. The current stock price of $7.80 is trading 15.2% above its estimated GF Value™ of $6.77. GuruFocus considers HK Electric Investments and HK Electric Investments to be Modestly Overvalued.

Key valuation signals for HKVTY:

  • E10: $0.45
  • GF Value™: $6.77 vs. price of $7.80 (15.2% above fair value)
  • GF Score™: 76/100 with 6 warning signs

No single metric tells the full story. See the HKVTY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HK Electric Investments and HK Electric Investments Business Description

Other Exchanges 02638:Hong Kong
Address 44 Kennedy Road, Hong Kong Electric Centre, Hong Kong, HKG
HK Electric Investments and HK Electric Investments Ltd is a fixed single investment trust in Hong Kong with a focus on the energy sector. The company is a vertically integrated power utility and its operations comprise the generation, transmission, distribution and supply of electricity to Hong Kong Island and Lamma Island. The company have one reporting segment which is the generation and supply of electricity to Hong Kong Island and Lamma Island.
76GF Score

Get the complete analysis for HKVTY

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.80
Price
$6.77
GF Value