John Hancock Preferredome FundHPI +0.18%31 Forward PE Ratio is 0.00 as of Jul. 04, 2026. GuruFocus rates HPI with a GF Score™ of 31/100. The stock has 6 warning signs investors should review. Among 324 Asset Management companies, John Hancock Preferredome Fund ranks worse than 308641.67% on this metric.
John Hancock Preferredome Fund (NYSE:HPI) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
John Hancock Preferredome Fund Forward PE Ratio Related Terms
John Hancock Preferredome Fund Forward PE Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
John Hancock Preferredome Fund Forward PE Ratio Chart
John Hancock Preferredome Fund Annual Data
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John Hancock Preferredome Fund Semi-Annual Data
Forward PE Ratio
HPI vs GLAD, FFA, ISD: Forward PE Ratio Comparison
For the Asset Management subindustry, John Hancock Preferredome Fund's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
John Hancock Preferredome Fund Forward PE Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, John Hancock Preferredome Fund's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where John Hancock Preferredome Fund's Forward PE Ratio falls into.
John Hancock Preferredome Fund Forward PE Ratio Calculation
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
John Hancock Preferredome Fund (HPI) has a Forward PE Ratio of 0.00 as of Jul. 04, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on John Hancock Preferredome Fund and its competitors. According to the industry distribution chart, John Hancock Preferredome Fund ranks #999999 out of 324 companies in the Asset Management industry.
Is John Hancock Preferredome Fund's Forward PE Ratio too high?
John Hancock Preferredome Fund's current Forward PE Ratio is 0.00. Based on the distribution chart, John Hancock Preferredome Fund ranks #999999 out of 324 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, John Hancock Preferredome Fund has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does John Hancock Preferredome Fund's Forward PE Ratio compare to GLAD and FFA?
According to the Asset Management industry distribution chart, John Hancock Preferredome Fund ranks #999999 out of 324 companies for Forward PE Ratio. This places John Hancock Preferredome Fund in the lower half of its industry. The industry median Forward PE Ratio is 10.86. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for an Asset Management company?
The median Forward PE Ratio among Asset Management companies is 10.86, based on 324 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on John Hancock Preferredome Fund and its competitors. For the Asset Management industry, the median Forward PE Ratio is 10.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. John Hancock Preferredome Fund's current Forward PE Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is John Hancock Preferredome Fund stock overvalued right now?
John Hancock Preferredome Fund (HPI) has a current Forward PE Ratio of 0.00. The current Forward PE Ratio is 0.00. John Hancock Preferredome Fund's overall GF Score™ is 31/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For John Hancock Preferredome Fund (HPI), the current Forward PE Ratio is 0.00 as of Jul. 04, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
John Hancock Preferredome Fund Business Description
John Hancock Preferred Income Fund is a closed-end, diversified management investment company. Its primary investment objective is to provide a high-level of current income consistent with preservation of capital. The fund's secondary investment objective is to provide growth of capital to the extent consistent with its primary investment objective. It seeks to achieve its investment objectives by investing in securities that may be undervalued relative to similar securities in the marketplace. The fund's principal investment strategies include investing a majority of its assets in preferred stocks and other preferred securities. Its portfolio composition consists of U.S preferred securities, common stocks, foreign preferred securities, corporate bonds, and short-term investments.
31GF Score
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