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John Hancock Tax-advantaged Div Fd PE Ratio

: 4.67 (As of Today)
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The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2022-01-25), John Hancock Tax-advantaged Div Fd's share price is $23.9487. John Hancock Tax-advantaged Div Fd's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Oct. 2021 was $5.13. Therefore, John Hancock Tax-advantaged Div Fd's PE Ratio for today is 4.67.


The historical rank and industry rank for John Hancock Tax-advantaged Div Fd's PE Ratio or its related term are showing as below:

NYSE:HTD' s PE Ratio Range Over the Past 10 Years
Min: 2.89   Med: 6.01   Max: 254.18
Current: 4.65

2.89
254.18

During the past 5 years, the highest PE Ratio of John Hancock Tax-advantaged Div Fd was 254.18. The lowest was 2.89. And the median was 6.01.


NYSE:HTD's PE Ratio is ranked higher than
63% of the 1462 Companies
in the Asset Management industry.

( Industry Median: 6.15 vs. NYSE:HTD: 4.65 )

John Hancock Tax-advantaged Div Fd's Earnings per Share (Diluted) for the six months ended in Oct. 2021 was $0.94. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Oct. 2021 was $5.13.

As of today (2022-01-25), John Hancock Tax-advantaged Div Fd's share price is $23.9487. John Hancock Tax-advantaged Div Fd's EPS without NRI for the trailing twelve months (TTM) ended in Oct. 2021 was $5.13. Therefore, John Hancock Tax-advantaged Div Fd's PE Ratio without NRI for today is 4.67.

During the past 5 years, John Hancock Tax-advantaged Div Fd's highest PE Ratio without NRI was 254.18. The lowest was 2.89. And the median was 6.01.

John Hancock Tax-advantaged Div Fd's EPS without NRI for the six months ended in Oct. 2021 was $0.94. Its EPS without NRI for the trailing twelve months (TTM) ended in Oct. 2021 was $5.13.

During the past 3 years, the average EPS without NRI Growth Rate was 260.20% per year.

During the past 5 years, John Hancock Tax-advantaged Div Fd's highest 3-Year average EPS without NRI Growth Rate was 260.20% per year. The lowest was 260.20% per year. And the median was 260.20% per year.

John Hancock Tax-advantaged Div Fd's EPS (Basic) for the six months ended in Oct. 2021 was $0.95. Its EPS (Basic) for the trailing twelve months (TTM) ended in Oct. 2021 was $5.14.


John Hancock Tax-advantaged Div Fd PE Ratio Historical Data

The historical data trend for John Hancock Tax-advantaged Div Fd's PE Ratio can be seen below:

* 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.

* Premium members only.

John Hancock Tax-advantaged Div Fd Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21
PE Ratio
10.00 203.36 6.02 At Loss 4.77

John Hancock Tax-advantaged Div Fd Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21
PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.02 N/A At Loss N/A 4.77

Competitive Comparison

For the Asset Management subindustry, John Hancock Tax-advantaged Div Fd's PE Ratio, along with its competitors' market caps and 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 Tax-advantaged Div Fd PE Ratio Distribution

For the Asset Management industry and Financial Services sector, John Hancock Tax-advantaged Div Fd's PE Ratio distribution charts can be found below:

* The bar in red indicates where John Hancock Tax-advantaged Div Fd's PE Ratio falls into.



John Hancock Tax-advantaged Div Fd PE Ratio Calculation

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

John Hancock Tax-advantaged Div Fd's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=23.9487/5.132
=4.67

John Hancock Tax-advantaged Div Fd's Share Price of today is $23.9487.
For company reported semi-annually, John Hancock Tax-advantaged Div Fd's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Oct. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was $5.13.

* 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.

It can also be calculated from the numbers for the whole company:


There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio or PE Ratio (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


John Hancock Tax-advantaged Div Fd  (NYSE:HTD) PE Ratio Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio can also be affected by non-recurring-items 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 Tax-advantaged Div Fd PE Ratio Related Terms

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John Hancock Tax-advantaged Div Fd Business Description

John Hancock Tax-advantaged Div Fd logo
Industry
Financial Services » Asset Management NAICS : 523930 SIC : 6726
Traded in Other Exchanges
N/A
Address
200 Berkeley Street, Boston, MA, USA, 02116
John Hancock Tax-advantaged Div Inc Fd is a closed-end, diversified management investment company. Its investment objective is to provide a high level of after-tax total return from dividend income and capital appreciation. The portfolio composition of the fund consists of common stocks, preferred securities, corporate bonds, and short-term investments. Its sector composition consists of the utilities, financials, energy, telecommunication services, industrials, healthcare, real estate, consumer discretionary and short-term investments.
Executives
Rathke Frances G other: Trustee of the Fund C/O GREEN MOUNTAIN COFFEE ROASTERS, INC. 33 COFFEE LANE WATERBURY VT 05676
Macphee Brian officer: Vice President of the Adviser C/O JOHN HANCOCK 164 CORPORATE DRIVE PORTSMOUTH NH 03801
Speer Sean officer: Vice President of the Adviser C/O JOHN HANCOCK 197 CLARENDON STREET BOSTON MA 02116
Tassinari Michael officer: Vice President of the Adviser C/O JOHN HANCOCK 197 CLARENDON STREET BOSTON MA 02116
Pompilio Christopher officer: Vice President of the Adviser C/O JOHN HANCOCK 197 CLARENDON STREET BOSTON MA 02116
Bascom Brittany officer: VP of the Fund (Investments) C/O JOHN HANCOCK 601 CONGRESS STREET BOSTON MA 02210
Swanberg Trevor officer: Deputy Chief Compliance Offcr C/O JOHN HANCOCK 601 CONGRESS STREET BOSTON MA 02210
Harrison Marianne other: Trustee of the Fund C/O JOHN HANCOCK 601 CONGRESS STREET BOSTON MA 02210
Macdonnell Patrick officer: Sr. VP of the Adviser C/O JOHN HANCOCK 601 CONGRESS STREET BOSTON MA 02210
Von Dem Hagen Halina officer: EVP & Treasurer of the Adviser C/O MANULIFE TORONTO A6 M4W 1E5
Deroian Steve officer: Vice President of the Adviser C/O JOHN HANCOCK 601 CONGRESS STREET BOSTON MA 02210
Mcclellan Hassell H other: Trustee of the Fund 123 MAIN STREET BRISTOL CT 06010
Macdonald Edward P other: Deputy Chief Counsel,JH Invest 200 HOPMEADOW STREET SIMSBURY CT 06089
Billick Angela officer: Vice President of the Adviser C/O JOHN HANCOCK 601 CONGRESS STREET BOSTON MA 02210
Boyle James other: Trustee of the Fund C/O JOHN HANCOCK 601 CONGRESS STREET BOSTON MA 02210

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