HPS
Price:
$14.45
Market Cap:
$464.41M
The John Hancock Preferred Income Fund III (HPS) functions as a closed-end investment vehicle, primarily focused on fixed-income securities. Its overall management falls under John Hancock Investment Management LLC, with additional co-management provided by John Hancock Asset Management. The fund strategically allocates capital within the United States' fixed-income markets, aiming to acquire debt instruments from companies operating across a diverse array of sectors. A significant portion of its portfolio is dedicated to preferred securities and other fixed-income instruments that possess an investment-grade credit rating or higher from either Moody's or Standard & Poor's. To assess its per...[Read more]
Industry
Asset Management - Income
IPO Date
2003-06-17
Stock Exchange
NYSE
Ticker
HPS
According to John Hancock Preferred Income Fund III’s latest financial reports and current stock price. The company's current PE Ratio is 12.35. This represents a change of 120.77% compared to the average of 5.59 of the last 4 quarters.
The mean historical PE Ratio of John Hancock Preferred Income Fund III over the last ten years is 4.65. The current 12.35 PE Ratio has changed 26.49% with respect to the historical average. Over the past ten years (40 quarters), HPS's PE Ratio was at its highest in in the January 2023 quarter at 43.49. The PE Ratio was at its lowest in in the January 2018 quarter at -29.36.
Average
4.65
Median
7.85
Minimum
-16.19
Maximum
23.63
Discovering the peaks and valleys of John Hancock Preferred Income Fund III 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 = 161.78%
Maximum Annual PE Ratio = 23.63
Minimum Annual Increase = -388.96%
Minimum Annual PE Ratio = -16.19
| Year | PE Ratio | Change |
|---|---|---|
| 2025 | 11.88 | 50.48% |
| 2024 | 7.90 | -152.80% |
| 2023 | -14.96 | -7.59% |
| 2022 | -16.19 | -388.96% |
| 2021 | 5.60 | -140.52% |
| 2020 | -13.83 | -197.69% |
| 2019 | 14.15 | -40.10% |
| 2018 | 23.63 | 15.56% |
| 2017 | 20.45 | 161.78% |
| 2016 | 7.81 | -20.79% |
The current PE Ratio of John Hancock Preferred Income Fund III (HPS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.61
5-year avg
-1.15
10-year avg
4.65
John Hancock Preferred Income Fund III’s PE Ratio is greater than John Hancock Preferred Income Fund II (12.22), less than Invesco Senior Income Trust (33.04), greater than BlackRock Limited Duration Income Trust (6.22), greater than Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (10.88), greater than Multi Asset Income Fund Class Y (0), greater than BlackRock Municipal Income Trust II (-14.05), less than Neuberger Energy Infrastructure and Income Fund Inc. (117.16), greater than First Trust High Yield Opportunities 2027 Term Fund (10.94), greater than First Trust Enhanced Equity Income Fund (5.60), less than Invesco Quality Municipal Income Trust (29.62),
| Company | PE Ratio | Market cap |
|---|---|---|
| 12.22 | $344.03M | |
| 33.04 | $458.70M | |
| 6.22 | $478.78M | |
| 10.88 | $418.98M | |
| 0 | $512.49M | |
| -14.05 | $503.04M | |
| 117.16 | $543.36M | |
| 10.94 | $498.64M | |
| 5.60 | $451.93M | |
| 29.62 | $532.54M |
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