Companies: 10,795·Total market cap: $144.5T
John Hancock Preferred Income Fund III

John Hancock Preferred Income Fund III

HPSNYSEFinancial Services● Active
$14.48
+$0.01(+0.07%)
Market Cap$465378512
P/E Ratio
52W High$15.68
52W Low$13.8

John Hancock Preferred Income Fund III (HPS) PE Ratio — Current & Historical Data

Trailing twelve months (TTM) P/E, forward P/E, PEG, and annual PE history — from market prices and filings.

hps · pe ratio · data through Jul 31, 2025

Core PE Ratio Metrics

Trailing 12 months · TTM

The price-to-earnings (P/E) ratio for John Hancock Preferred Income Fund III (HPS) measures how much investors pay for each dollar of the company's trailing earnings. HPS's current PE ratio of 12.34x is calculated by dividing its stock price of $14.48 by its TTM earnings per share of $1.17. −2.3% discount vs 5Y avg 12.6x

12.34x
P/E Ratio (TTM)2.3%

Source: FMP · /ratios-ttm · /analyst-estimates · 2025-07-31

Forward P/E
N/A
EPS (TTM)
$1.17
TTM · diluted EPS
PEG Ratio
-0.41
Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · John Hancock Preferred Income Fund III SEC 10-K & 10-Q filings · US GAAPUpdated: 2026-06-09

PE Ratio History

2013 – 2025 · Annual
PE Ratio (TTM)
5Y Avg 12.6x
EPS (Annual)

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)

Historical PE Range

Past 10 fiscal years · Front-end computed
Average
14.6x
10-yr mean
Median
10.9x
10-yr midpoint
Minimum
5.6x
Lowest year
Maximum
36.7x
Highest year
12.3x ← Now
5.6x
Min
Q1 · 25%10.9x
Median
Q3 · 75%36.7x
Max
Within Historical Range

At 12.34x, HPS's current P/E is within its average historical range over the past 10 fiscal years.

60th percentileHigher than 6 of 10 historical fiscal year readings

Percentile calculated from annual fiscal year data points, not by trading day. Years where PE ≤ 0 or > 9,999 are excluded.

PE Ratio vs Peers

Asset Management - Income · 6 peers · Annual PE
CompanyMarket CapPE (Annual)vs AvgEPS (TTM)
John Hancock Preferred Income Fund III
John Hancock Preferred Income Fund IIIYou
HPS
$465M12.34x+24.0%$1.17
BlackRock Municipal Income Trust II
BlackRock Municipal Income Trust II
BLE
$503MN/A-$0.75
BlackRock Limited Duration Income Trust
BlackRock Limited Duration Income Trust
BLW
$478M11.26x+13.2%$1.22
Flaherty & Crumrine Dynamic Preferred and Income Fund Inc.
Flaherty & Crumrine Dynamic Preferred and Income Fund Inc.
DFP
$416M11.30x+13.6%$1.88
First Trust Enhanced Equity Income Fund
First Trust Enhanced Equity Income Fund
FFA
$451M5.45x-45.2%$4.04
First Trust High Yield Opportunities 2027 Term Fund
First Trust High Yield Opportunities 2027 Term Fund
FTHY
$489MN/A$0.00
John Hancock Preferred Income Fund II
John Hancock Preferred Income Fund II
HPF
$344M11.79x+18.5%$1.36
Industry Average
4 peers with valid PE
9.95xbaseline

* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio

Annual PE Ratio History

Showing 10 of 13 years
Fiscal Year EndPE RatioEPS (TTM)YoY ChangePE vs Max
2025-07-31Latest
FY2025
11.86x$1.21+50.0%
2024-07-31
FY2024
7.90x$2.05
2023-07-31
FY2023
$-0.96
2022-07-31
FY2022
$-1.07
2021-07-31
FY2021
5.60x$3.44
2020-07-31
FY2020
$-1.20
2019-07-31
FY2019
14.15x$1.38-40.1%
2018-07-31
FY2018
23.63x$0.78+15.6%
2017-07-31
FY2017
20.45x$0.94+161.7%
2016-07-31
FY2016
7.81x$2.59-20.8%

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare · Zero extra API

About PE Ratio & Methodology

The price-to-earnings (P/E) ratio for John Hancock Preferred Income Fund III (HPS) measures how much investors pay for each dollar of the company's trailing earnings. HPS's current PE ratio of 12.34x is calculated by dividing its stock price of $14.48 by its TTM earnings per share of $1.17.

PE Ratio = Stock Price ÷ EPS (TTM)
= $14.48 ÷ $1.17 = 12.34x
TTMTrailing Twelve Months — sum of the most recent 4 quarterly EPS figures
Forward PEStock price ÷ analyst consensus EPS estimate for the next fiscal year
PEGPE ÷ earnings growth rate — values below 1.0 suggest growth may justify the premium
Figures tie to SEC 10-K/10-Q and FMP ratio endpoints where noted.

Frequently asked questions

HPS pe ratio · 6 questions

HPS's current PE ratio is 12.34x as of 2026-06-09, based on a stock price of $14.48 and TTM EPS of $1.17. Data sourced from Financial Modeling Prep via HPS's SEC 10-K and 10-Q filings.

HPS PE ratioWhat is HPS PE ratioCurrent PE ratio of HPSHPS PE ratio today

Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · John Hancock Preferred Income Fund III SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-09