HGBL
Heritage Global
PE ratio, current and historical analysis
- Stocks
- Financial Services
- NASDAQ: HGBL
- PE Ratio
The current PE ratio for Heritage Global stock as of Jun 3, 2026 is 12.4. This is calculated based on the current EPS of $0.1 and the stock price of $1.24 per share. The P/E ratio has a decrease of 26% from the past four quarters average of 16.7.
HGBL PE ratio history
The average historical PE ratio of Heritage Global for the last ten years is 11.41. The current PE ratio of 12.4 is 9% above the historical average. Over the past ten years, HGBL's PE ratio was at its highest in the Mar 2017 quarter at 48, when the stock price was $0.48 and the EPS was $0.01. The lowest value was in the Dec 2018 quarter, when it reached 3.46 with a price of $0.45 and an EPS of $0.13.
Heritage Global PE ratio by year
Maximum annual increase: 177.19% in 2011
Maximum annual decrease: -73.68% in 2022
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 12.4 | -6.13% | $1.24 | $0.1 |
| 2024 | 13.21 | 61.49% | $1.85 | $0.14 |
| 2023 | 8.18 | 49.54% | $2.78 | $0.34 |
| 2022 | 5.47 | -73.68% | $2.35 | $0.43 |
| 2021 | 20.78 | 150.06% | $1.87 | $0.09 |
| 2020 | 8.31 | 18.71% | $2.66 | $0.32 |
| 2019 | 7 | 102.31% | $0.98 | $0.14 |
| 2018 | 3.46 | N/A | $0.45 | $0.13 |
| 2017 | N/A | N/A | $0.37 | -$0.01 |
| 2016 | N/A | N/A | $0.47 | $0 |
| 2015 | N/A | N/A | $0.23 | -$0.37 |
| 2014 | N/A | N/A | $0.32 | -$0.94 |
| 2013 | N/A | N/A | $0.71 | -$0.22 |
| 2012 | N/A | N/A | $1.1 | -$0.06 |
| 2011 | 1.58 | 177.19% | $1.8 | $1.14 |
Heritage Global PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 13.6 | 9.68% | $1.36 | $0.1 |
| Dec 2025 | 12.4 | -32.75% | $1.24 | $0.1 |
| Sep 2025 | 18.44 | -16.94% | $1.66 | $0.09 |
| Jun 2025 | 22.2 | 22.18% | $2.22 | $0.1 |
| Mar 2025 | 18.17 | 37.55% | $2.18 | $0.12 |
| Dec 2024 | 13.21 | 117.63% | $1.85 | $0.14 |
| Sep 2024 | 6.07 | -25.98% | $1.7 | $0.28 |
| Jun 2024 | 8.2 | -3.76% | $2.46 | $0.3 |
| Mar 2024 | 8.52 | 4.16% | $2.64 | $0.31 |
| Dec 2023 | 8.18 | 28.41% | $2.78 | $0.34 |
| Sep 2023 | 6.37 | -12.02% | $3.12 | $0.49 |
| Jun 2023 | 7.24 | 23.55% | $3.62 | $0.5 |
| Mar 2023 | 5.86 | 7.13% | $2.87 | $0.49 |
| Dec 2022 | 5.47 | -38.81% | $2.35 | $0.43 |
| Sep 2022 | 8.94 | -22.53% | $1.61 | $0.18 |
HGBL Price vs fair value
HGBL average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
HGBL's current P/E ratio is above the 3, 5 and 10-year historical averages.
PE comparison
Heritage Global's P/E of 12.4 is above the Financial Services sector average but below the industry average. But compared to its Financial Services sector average of 12.1, Heritage Global's P/E is only 2.5% higher.
HGBL PE vs peers
| Stock name | PE ratio | Market cap |
|---|---|---|
| HGBL Heritage Global Inc | 12.5 | $43.42M |
| FTEK Fuel Tech Inc | N/A | $45.5M |
Frequently asked questions
What is Heritage Global's PE ratio?
HGBL's price to earnings ratio is 12.4 as of Jun 3, 2026.
What is the 3-year average PE ratio for Heritage Global (HGBL)?
The 3-year average PE ratio for HGBL stock is 11.88.
What is the 5-year average PE ratio for Heritage Global (HGBL)?
The 5-year average PE ratio for HGBL stock is 11.42.
What is the highest PE ratio for HGBL?
In the last ten years, the Mar 2017 quarter recorded the highest quarterly PE ratio at 48.
How does the current PE ratio for HGBL compare to its historical average?
The current price to earnings ratio of HGBL is 9% higher than the 10-year historical average.
How is HGBL's PE ratio calculated (Heritage Global PE ratio formula)?
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jun 3, 2026), Heritage Global's stock price is $1.24. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $0.1. Therefore, Heritage Global's P/E ratio for today is 12.4. PE RATIO(12.4) = STOCK PRICE($1.24) / TTM EPS($0.1)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.