HKIT
Price:
$1.6
Market Cap:
$46.88M
Hitek Global Inc. provides information technology (IT) consulting and solutions to business in various industry sectors in China. It offers services to small and medium businesses, which consist of anti-counterfeiting tax control system (ACTCS) tax devices, including golden tax disk and printers, ACTCS services, and IT services; and sells hardware to large businesses, such as laptops, printers, desktop computers and related accessories, as well as Internet servers, cameras, and monitors. Hitek Global Inc. was founded in 1996 and is headquartered in Xiamen, China.
Industry
Software - Application
IPO Date
2023-03-31
Stock Exchange
NASDAQ
Ticker
HKIT
According to Hitek Global Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -20.00. This represents a change of -200.10% compared to the average of 19.98 of the last 4 quarters.
The mean historical PE Ratio of Hitek Global Inc. over the last ten years is 51.67. The current -20.00 PE Ratio has changed -3970.54% with respect to the historical average. Over the past ten years (40 quarters), HKIT's PE Ratio was at its highest in in the June 2024 quarter at 52.05. The PE Ratio was at its lowest in in the June 2016 quarter at -140.89.
Average
51.67
Median
37.54
Minimum
-22.95
Maximum
228.06
Discovering the peaks and valleys of Hitek Global Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 38.00%
Maximum Annual PE Ratio = 228.06
Minimum Annual Increase = -272.74%
Minimum Annual PE Ratio = -22.95
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | -22.95 | -272.74% |
| 2023 | 13.29 | -69.21% |
| 2022 | 43.15 | -13.56% |
| 2021 | 49.92 | 38.00% |
| 2020 | 36.17 | -15.73% |
| 2019 | 42.93 | 14.34% |
| 2018 | 37.54 | 1.62% |
| 2017 | 36.94 | -83.80% |
The current PE Ratio of Hitek Global Inc. (HKIT) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
11.16
5-year avg
23.92
10-year avg
51.67
Hitek Global Inc.’s PE Ratio is less than Upland Software, Inc. (-1.07), less than Yxt.Com Group Holding Ltd (-2.38), less than Nukkleus Inc. (-0.83), less than KNOREX LTD. (-10.03), less than Where Food Comes From, Inc. (24.99), less than Micropolis Holding Company (-6.25), less than SurgePays, Inc. (-0.82), less than Aware, Inc. (-8.50), less than Phunware, Inc. (-3.69), greater than Aether Holdings, Inc. Common Stock (-36.99),
| Company | PE Ratio | Market cap |
|---|---|---|
| -1.07 | $49.67M | |
| -2.38 | $62.68M | |
| -0.83 | $121.01M | |
| -10.03 | $53.33M | |
| 24.99 | $66.00M | |
| -6.25 | $39.08M | |
| -0.82 | $34.36M | |
| -8.50 | $48.09M | |
| -3.69 | $44.01M | |
| -36.99 | $75.03M |
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