John Hancock Preferredome Fund III's quarterly market cap
declined
from Jan. 2025 ($479.85 Mil) to Jul. 2025 ($461.76 Mil) but then
increased
from Jul. 2025 ($461.76 Mil) to Jan. 2026 ($472.24 Mil).
John Hancock Preferredome Fund III's annual market cap
increased
from Jul. 2023 ($458.14 Mil) to Jul. 2024 ($518.02 Mil) but then
declined
from Jul. 2024 ($518.02 Mil) to Jul. 2025 ($461.76 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. John Hancock Preferredome Fund III's Enterprise Value for Today is $734.80 Mil.
John Hancock Preferredome Fund III (NYSE:HPS) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
John Hancock Preferredome Fund III Market Cap Related Terms
John Hancock Preferredome Fund III Market Cap 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 III Market Cap Chart
For the Asset Management subindustry, John Hancock Preferredome Fund III's Market Cap, along with its competitors' market caps and Market Cap 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 III Market Cap vs Asset Management Industry
For the Asset Management industry and Financial Services sector, John Hancock Preferredome Fund III's Market Cap distribution charts can be found below:
* The bar in red indicates where John Hancock Preferredome Fund III's Market Cap falls into.
John Hancock Preferredome Fund III Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
* 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 III (HPS) has a Market Cap of $460.50 Mil as of Jun. 25, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on John Hancock Preferredome Fund III and its competitors. According to the industry distribution chart, John Hancock Preferredome Fund III ranks #568 out of 1666 companies in the Asset Management industry, placing it in the top 34.1%.
Is John Hancock Preferredome Fund III's Market Cap too high?
John Hancock Preferredome Fund III's current Market Cap is $460.50 Mil. The Asset Management industry median Market Cap is 200.66. John Hancock Preferredome Fund III's value of $460.50 Mil is 129.5% above this industry median. Based on the distribution chart, John Hancock Preferredome Fund III ranks #568 out of 1666 companies in the Asset Management industry, which is above the industry midpoint. Overall, John Hancock Preferredome Fund III has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does John Hancock Preferredome Fund III's Market Cap compare to VVR and NBB?
According to the Asset Management industry distribution chart, John Hancock Preferredome Fund III ranks #568 out of 1666 companies for Market Cap. This puts John Hancock Preferredome Fund III in the upper half of its industry. The industry median Market Cap is 200.66. John Hancock Preferredome Fund III's value of $460.50 Mil is 129.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Asset Management company?
The median Market Cap among Asset Management companies is 200.66, based on 1,666 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. John Hancock Preferredome Fund III's current Market Cap of $460.50 Mil is 129.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on John Hancock Preferredome Fund III and its competitors. For the Asset Management industry, the median Market Cap is 200.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. John Hancock Preferredome Fund III's current Market Cap is $460.50 Mil. 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 III stock overvalued right now?
John Hancock Preferredome Fund III (HPS) has a current Market Cap of $460.50 Mil. The current Market Cap is $460.50 Mil and 129.5% above the Asset Management industry median of 200.66. John Hancock Preferredome Fund III's overall GF Score™ is 30/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For John Hancock Preferredome Fund III (HPS), the current Market Cap is $460.50 Mil as of Jun. 25, 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 III Business Description
John Hancock Preferred Income Fund III is a closed-end, diversified management investment company. Its 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 the objectives by investing a majority of its assets in preferred stocks and other preferred securities, including convertible preferred securities. The portfolio composition of the company consists of the U.S. preferred securities, foreign preferred securities, common stocks, corporate bonds, and the short-term investments.
30GF Score
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