As of 2026-03-20, the Relative Valuation of Hydro One Ltd (H.TO) is 48.81 CAD. This relative valuation is based on P/E multiples. With the latest stock price at 59.58 CAD, the upside of Hydro One Ltd based on Relative Valuation is -18.1%.
The range of the Relative Valuation is 47.24 - 50.05 CAD.
| Range | Selected | |
| Trailing P/E multiples | 21.2x - 22.4x | 22.0x |
| Forward P/E multiples | 20.4x - 21.0x | 20.6x |
| Fair Price | 47.24 - 50.05 | 48.81 |
| Upside | -20.7% - -16.0% | -18.1% |
| Date | P/E |
| 2026-03-17 | 26.81 |
| 2026-03-16 | 26.95 |
| 2026-03-13 | 26.92 |
| 2026-03-12 | 26.56 |
| 2026-03-11 | 26.28 |
| 2026-03-10 | 26.50 |
| 2026-03-09 | 26.67 |
| 2026-03-06 | 26.46 |
| 2026-03-05 | 25.95 |
| 2026-03-04 | 26.06 |
| 2026-03-03 | 26.13 |
| 2026-03-02 | 26.05 |
| 2026-02-27 | 26.26 |
| 2026-02-26 | 25.97 |
| 2026-02-25 | 25.97 |
| 2026-02-24 | 25.95 |
| 2026-02-23 | 25.82 |
| 2026-02-20 | 25.38 |
| 2026-02-19 | 25.46 |
| 2026-02-18 | 25.38 |
| 2026-02-17 | 25.68 |
| 2026-02-13 | 25.29 |
| 2026-02-12 | 25.08 |
| 2026-02-11 | 24.59 |
| 2026-02-10 | 24.54 |
| 2026-02-09 | 24.38 |
| 2026-02-06 | 24.40 |
| 2026-02-05 | 24.86 |
| 2026-02-04 | 24.54 |
| 2026-02-03 | 24.43 |
| 2026-02-02 | 24.12 |
| 2026-01-30 | 24.11 |
| 2026-01-29 | 24.05 |
| 2026-01-28 | 23.90 |
| 2026-01-27 | 24.10 |
| 2026-01-26 | 23.99 |
| 2026-01-23 | 23.81 |
| 2026-01-22 | 23.80 |
| 2026-01-21 | 23.71 |
| 2026-01-20 | 23.95 |
| 2026-01-19 | 23.84 |
| 2026-01-16 | 23.62 |
| 2026-01-15 | 23.49 |
| 2026-01-14 | 23.63 |
| 2026-01-13 | 23.67 |
| 2026-01-12 | 24.09 |
| 2026-01-09 | 24.17 |
| 2026-01-08 | 24.28 |
| 2026-01-07 | 24.32 |
| 2026-01-06 | 24.25 |