HPS
Price:
$15.45
Market Cap:
$493.23M
John Hancock Preferred Income Fund III is a closed ended fixed income mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in preferred securities or other fixed-income securities rated investment grade or higher by Moody's or Standard & Poor's. It benchmarks the performance of its portfolio against the Bank of America Merrill Lynch Hybrid Preferred Securities Index and Barclays U.S. Aggregate Bond Index. John Hancock Preferred Income Fund III ...[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 7.54. This represents a change of 4.26% compared to the average of 7.23 of the last 4 quarters.
The mean historical PE Ratio of John Hancock Preferred Income Fund III over the last ten years is 5.61. The current 7.54 PE Ratio has changed 13.35% with respect to the historical average. Over the past ten years (40 quarters), HPS's PE Ratio was at its highest in in the October 2022 quarter at 84.81. The PE Ratio was at its lowest in in the October 2017 quarter at -61.76.
Average
5.61
Median
8.88
Minimum
-16.20
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 = 96.79%
Maximum Annual PE Ratio = 23.63
Minimum Annual Increase = -389.44%
Minimum Annual PE Ratio = -16.20
Year | PE Ratio | Change |
---|---|---|
2024 | 7.90 | -153.05% |
2023 | -14.90 | -8.00% |
2022 | -16.20 | -389.44% |
2021 | 5.60 | -140.48% |
2020 | -13.83 | -197.69% |
2019 | 14.15 | -40.10% |
2018 | 23.63 | 15.56% |
2017 | 20.45 | 5.35% |
2016 | 19.41 | 96.79% |
2015 | 9.86 | 26.53% |
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
-7.73
5-year avg
-6.28
10-year avg
5.61
John Hancock Preferred Income Fund III’s PE Ratio is less than John Hancock Preferred Income Fund (0), less than John Hancock Premium Dividend Fund (7.57), less than Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (12.56), greater than John Hancock Tax-Advantaged Dividend Income Fund (5.08), greater than Eaton Vance Tax-Advantaged Dividend Income Fund (-224.07), less than John Hancock Preferred Income Fund II (8.29), greater than PIMCO Corporate & Income Strategy Fund (7.48), less than Nuveen Municipal Credit Opportunities Fund (8.33), less than BlackRock MuniYield Quality Fund, Inc. (78.91), greater than Franklin Limited Duration Income Trust (-102.55), greater than PGIM Short Duration High Yield Opportunities Fund (7.23), less than null (10.00),
Company | PE Ratio | Market cap |
---|---|---|
0 | $456.87M | |
7.57 | $641.38M | |
12.56 | $118.09M | |
5.08 | $832.65M | |
-224.07 | $1.89B | |
8.29 | $367.84M | |
7.48 | $668.70M | |
8.33 | $603.37M | |
78.91 | $882.83M | |
-102.55 | $266.68M | |
7.23 | $409.57M | |
10.00 | $0 |
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