HE (Hawaiian Electric Industries) ROE % Adjusted to Book Value: 4.81% (As of Mar. 2026)


HE Hawaiian Electric Industries Inc HE
64 GF Score
Price $13.57
GF Value $8.02
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Hawaiian Electric Industries ROE % Adjusted to Book Value?

Hawaiian Electric Industries HE +2.26% 64 ROE % Adjusted to Book Value is 4.81% as of Mar. 2026. GuruFocus rates HE with a GF Score™ of 64/100 and a GF Value™ of $8.02 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Hawaiian Electric Industries's ROE % for the quarter that ended in Mar. 2026 was 7.51%. Hawaiian Electric Industries's PB Ratio for the quarter that ended in Mar. 2026 was 1.56. Hawaiian Electric Industries's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 4.81%.


Hawaiian Electric Industries ROE % Adjusted to Book Value Related Terms


Hawaiian Electric Industries ROE % Adjusted to Book Value Historical Data

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The historical data trend for Hawaiian Electric Industries's ROE % Adjusted to Book Value 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.

Hawaiian Electric Industries ROE % Adjusted to Book Value Chart

Hawaiian Electric Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.52 5.09 13.10 -64.75 6.14

Hawaiian Electric Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value 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 5.69 5.69 6.47 7.83 4.81

HE vs MGEE, IMSR, NKLR: ROE % Adjusted to Book Value Comparison

For the Utilities - Regulated Electric subindustry, Hawaiian Electric Industries's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.


Hawaiian Electric Industries ROE % Adjusted to Book Value vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hawaiian Electric Industries's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Hawaiian Electric Industries's ROE % Adjusted to Book Value falls into.


HE
64GF Score
Hawaiian Electric Industries Inc HE
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Hawaiian Electric Industries ROE % Adjusted to Book Value Calculation

Hawaiian Electric Industries's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=8.10% / 1.32
=6.14%

Hawaiian Electric Industries's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=7.51% / 1.56
=4.81%

* 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.

What does a ROE % Adjusted to Book Value of 4.81% mean?
Hawaiian Electric Industries (HE) has a ROE % Adjusted to Book Value of 4.81% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Hawaiian Electric Industries and its competitors.
Is Hawaiian Electric Industries' ROE % Adjusted to Book Value too high?
Hawaiian Electric Industries' current ROE % Adjusted to Book Value is 4.81%. Overall, Hawaiian Electric Industries has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hawaiian Electric Industries' ROE % Adjusted to Book Value compare to MGEE and IMSR?
Hawaiian Electric Industries' ROE % Adjusted to Book Value of 4.81% 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 ROE % Adjusted to Book Value for an Utilities - Regulated company?
A good ROE % Adjusted to Book Value depends on the Utilities - Regulated industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Hawaiian Electric Industries and its competitors. Hawaiian Electric Industries's current ROE % Adjusted to Book Value is 4.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hawaiian Electric Industries stock overvalued right now?
Based on GuruFocus' analysis, Hawaiian Electric Industries (HE) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.02, compared to a current price of $13.57 — trading 69.2% above its estimated fair value. The current ROE % Adjusted to Book Value is 4.81%. Hawaiian Electric Industries' overall GF Score™ is 64/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Hawaiian Electric Industries (HE), the current ROE % Adjusted to Book Value is 4.81% as of Mar. 2026. 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 Hawaiian Electric Industries (HE) Overvalued in 2026?

Based on GuruFocus' analysis, Hawaiian Electric Industries stock appears to be overvalued. The current stock price of $13.57 is trading 69.2% above its estimated GF Value™ of $8.02. GuruFocus considers Hawaiian Electric Industries to be Significantly Overvalued.

Key valuation signals for HE:

  • ROE % Adjusted to Book Value: 4.81%
  • GF Value™: $8.02 vs. price of $13.57 (69.2% above fair value)
  • GF Score™: 64/100 with 3 warning signs

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


Hawaiian Electric Industries Business Description

Other Exchanges HWI:Germany
Address 1001 Bishop Street, Suite 2900, Honolulu, HI, USA, 96813
Hawaiian Electric Industries is the parent company of three Hawaii-based regulated utilities and owns a 10% minority interest in Hawaii's American Savings Bank. The utilities provide electricity on the five islands of Oahu, Hawaii, Maui, Molokai, and Lanai.
64GF Score

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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$13.57
Price
$8.02
GF Value