This valuation method assumes that the stock valuation will revert to its historical (10-Year) median in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
HEQ's Price-to-Median-PS-Value is not ranked *
in the Asset Management industry.
Industry Median: 1.03 * Ranked among companies with meaningful Price-to-Median-PS-Value only.
John Hancock Hedged Equity &ome Fund (NYSE:HEQ) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
John Hancock Hedged Equity &ome Fund's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
11.18
/
0.00
=
* 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 Hedged Equity &ome Fund Median PS Value Related Terms
John Hancock Hedged Equity &ome Fund Median PS Value 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 Hedged Equity &ome Fund Median PS Value Chart
For the Asset Management subindustry, John Hancock Hedged Equity &ome Fund's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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 Hedged Equity &ome Fund Price-to-Median-PS-Value vs Asset Management Industry
For the Asset Management industry and Financial Services sector, John Hancock Hedged Equity &ome Fund's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where John Hancock Hedged Equity &ome Fund's Price-to-Median-PS-Value falls into.
* 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 Hedged Equity &ome Fund (HEQ) has a Median PS Value of $0.00 as of Jun. 26, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on John Hancock Hedged Equity &ome Fund and its competitors. According to the industry distribution chart, John Hancock Hedged Equity &ome Fund ranks #999999 out of 301 companies in the Asset Management industry.
Is John Hancock Hedged Equity &ome Fund's Median PS Value too high?
John Hancock Hedged Equity &ome Fund's current Median PS Value is $0.00. Based on the distribution chart, John Hancock Hedged Equity &ome Fund ranks #999999 out of 301 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, John Hancock Hedged Equity &ome Fund has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does John Hancock Hedged Equity &ome Fund's Median PS Value compare to WHF and EVG?
According to the Asset Management industry distribution chart, John Hancock Hedged Equity &ome Fund ranks #999999 out of 301 companies for Median PS Value. This places John Hancock Hedged Equity &ome Fund in the lower half of its industry. The industry median Median PS Value is 1.03. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Median PS Value for an Asset Management company?
The median Median PS Value among Asset Management companies is 1.03, based on 301 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value 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 Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on John Hancock Hedged Equity &ome Fund and its competitors. For the Asset Management industry, the median Median PS Value is 1.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. John Hancock Hedged Equity &ome Fund's current Median PS Value 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 Hedged Equity &ome Fund stock overvalued right now?
Based on GuruFocus' analysis, John Hancock Hedged Equity &ome Fund (HEQ) is currently considered Modestly Undervalued. The stock's GF Value™ is $15.52, compared to a current price of $11.18 — trading 28% below its estimated fair value. The current Median PS Value is $0.00. John Hancock Hedged Equity &ome Fund's overall GF Score™ is 57/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For John Hancock Hedged Equity &ome Fund (HEQ), the current Median PS Value is $0.00 as of Jun. 26, 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.
Is John Hancock Hedged Equity &ome Fund (HEQ) Overvalued in 2026?
Based on GuruFocus' analysis, John Hancock Hedged Equity &ome Fund stock appears to be undervalued.
The current stock price of $11.18 is trading 28% below its estimated GF Value™ of $15.52.
GuruFocus considers John Hancock Hedged Equity &ome Fund to be Modestly Undervalued.
Key valuation signals for HEQ:
Median PS Value: $0.00
GF Value™: $15.52 vs. price of $11.18 (28% below fair value)
No single metric tells the full story. See the HEQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
John Hancock Hedged Equity &ome Fund Business Description
John Hancock Hedged Equity & Income Fund is a closed-end management investment company. Its investment objective is to provide total return, with a focus on current income and gains, and to include long-term capital appreciation. It invests in various sectors such as financials, consumer discretionary, information technology, energy, healthcare, materials, real estate, consumer staples, short-term investments, and others.
57GF Score
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