Hawaiian Electric Industries (HE) vs ReNew Energy Global (RNW)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
ReNew Energy Global (RNW) has outperformed Hawaiian Electric Industries (HE) over the past year, losing 14.9% versus a loss of 22.5%. Over five years, RNW leads with a -18.7% price change compared with -79.3% for HE. ReNew Energy Global is the larger company by market cap ($2.52 billion vs $1.53 billion), about 1.6 times the size.
On valuation, Hawaiian Electric Industries trades at a lower forward P/E (8.6x vs 10.0x for ReNew Energy Global).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | HE | RNW |
|---|---|---|
| Share price | $8.82 | $6.90 |
| Market cap | $1.53B | $2.52B |
| 1-day change | +0.57% | +0.15% |
| YTD return | -28.70% | +22.12% |
| 1-year return | -22.53% | -14.92% |
| 5-year return | -79.34% | -18.73% |
| P/E ratio (TTM) | 6.78 | 20.91 |
| Forward P/E | 8.63 | 9.97 |
| EPS (TTM) | $1.30 | $0.33 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | — | $1.14B |
| Revenue growth (YoY) | — | +16.39% |
| Net income (latest FY) | — | $45.00M |
| Operating margin | — | 10.39% |
| Net margin | — | 3.96% |
| 52-week high | $17.38 | $8.16 |
| 52-week low | $8.65 | $4.39 |
| Distance from 52-week high | -49.25% | -15.44% |
| Analyst consensus | underperform | buy |
| Avg. price target upside | -2.15% | +10.00% |
| Average volume | 2.33M | 2.14M |
| Shares outstanding | 173.02M | 246.20M |
| Employees | 2,659 | 4,720 |
| Sector | Utilities | Utilities |
| Industry | Electric Utilities: Central | Electric Utilities: Central |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- ReNew Energy Global trades at a higher earnings multiple (20.9x vs 6.8x trailing P/E).
About Hawaiian Electric Industries
HE stock →Hawaiian Electric Industries, Inc. together with its subsidiaries, engages in the electric utility business.
Utilities · Electric Utilities: Central · 2,659 employees
About ReNew Energy Global
RNW stock →ReNew Energy Global Plc, together with its subsidiaries, engages in the generation of power through non-conventional and renewable energy sources in India. It operates through two segments, Generation and Sale of Renewable Power, and Manufacturing of Power Equipment's.
Utilities · Electric Utilities: Central · 4,720 employees
HE vs RNW FAQ
Which is bigger, Hawaiian Electric Industries or ReNew Energy Global?
ReNew Energy Global (RNW) is larger, with a market capitalization of $2.52B compared with $1.53B for Hawaiian Electric Industries (HE).
Which stock has performed better over the past year, HE or RNW?
RNW returned -14.92% over the past 12 months, compared with -22.53% for HE (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, HE or RNW?
HE has the lower trailing P/E at 6.8, versus 20.9 for RNW. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Hawaiian Electric Industries and ReNew Energy Global in the same industry?
Yes. Both are classified in the Electric Utilities: Central industry within the Utilities sector.