HKXCF (Hong Kong Exchanges and Clearing) ROE % Adjusted to Book Value: 3.99% (As of Mar. 2026)


HKXCF Hong Kong Exchanges and Clearing Ltd HKXCF
89 GF Score
Price $47.32
GF Value $64.69
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Hong Kong Exchanges and Clearing ROE % Adjusted to Book Value?

Hong Kong Exchanges and Clearing HKXCF +5.03% 89 ROE % Adjusted to Book Value is 3.99% as of Mar. 2026. GuruFocus rates HKXCF with a GF Score™ of 89/100 and a GF Value™ of $64.69 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Hong Kong Exchanges and Clearing's ROE % for the quarter that ended in Mar. 2026 was 36.52%. Hong Kong Exchanges and Clearing's PB Ratio for the quarter that ended in Mar. 2026 was 9.16. Hong Kong Exchanges and Clearing's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 3.99%.


Hong Kong Exchanges and Clearing ROE % Adjusted to Book Value Related Terms


Hong Kong Exchanges and Clearing ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Hong Kong Exchanges and Clearing's ROE % Adjusted to Book Value 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.

Hong Kong Exchanges and Clearing ROE % Adjusted to Book Value Chart

Hong Kong Exchanges and Clearing Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.14 2.38 3.49 3.73 3.69

Hong Kong Exchanges and Clearing Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.64 3.49 3.35 3.60 3.99

HKXCF vs SPGI, CME, MCO: ROE % Adjusted to Book Value Comparison

For the Financial Data & Stock Exchanges subindustry, Hong Kong Exchanges and Clearing's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book 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.


Hong Kong Exchanges and Clearing ROE % Adjusted to Book Value vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Hong Kong Exchanges and Clearing's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Hong Kong Exchanges and Clearing's ROE % Adjusted to Book Value falls into.


HKXCF
89GF Score
Hong Kong Exchanges and Clearing Ltd HKXCF
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Hong Kong Exchanges and Clearing ROE % Adjusted to Book Value Calculation

Hong Kong Exchanges and Clearing's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=31.69% / 8.58
=3.69%

Hong Kong Exchanges and Clearing's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=36.52% / 9.16
=3.99%

* 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.

What does a ROE % Adjusted to Book Value of 3.99% mean?
Hong Kong Exchanges and Clearing (HKXCF) has a ROE % Adjusted to Book Value of 3.99% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Hong Kong Exchanges and Clearing and its competitors.
Is Hong Kong Exchanges and Clearing's ROE % Adjusted to Book Value too high?
Hong Kong Exchanges and Clearing's current ROE % Adjusted to Book Value is 3.99%. Overall, Hong Kong Exchanges and Clearing has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hong Kong Exchanges and Clearing's ROE % Adjusted to Book Value compare to SPGI and CME?
Hong Kong Exchanges and Clearing's ROE % Adjusted to Book Value of 3.99% can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Capital Markets company?
A good ROE % Adjusted to Book Value depends on the Capital Markets industry context. However, ROE % Adjusted to Book 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Hong Kong Exchanges and Clearing and its competitors. Hong Kong Exchanges and Clearing's current ROE % Adjusted to Book Value is 3.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Kong Exchanges and Clearing stock overvalued right now?
Based on GuruFocus' analysis, Hong Kong Exchanges and Clearing (HKXCF) is currently considered Modestly Undervalued. The stock's GF Value™ is $64.69, compared to a current price of $47.32 — trading 26.9% below its estimated fair value. The current ROE % Adjusted to Book Value is 3.99%. Hong Kong Exchanges and Clearing's overall GF Score™ is 89/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Hong Kong Exchanges and Clearing (HKXCF), the current ROE % Adjusted to Book Value is 3.99% as of Mar. 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 Hong Kong Exchanges and Clearing (HKXCF) Overvalued in 2026?

Based on GuruFocus' analysis, Hong Kong Exchanges and Clearing stock appears to be undervalued. The current stock price of $47.32 is trading 26.9% below its estimated GF Value™ of $64.69. GuruFocus considers Hong Kong Exchanges and Clearing to be Modestly Undervalued.

Key valuation signals for HKXCF:

  • ROE % Adjusted to Book Value: 3.99%
  • GF Value™: $64.69 vs. price of $47.32 (26.9% below fair value)
  • GF Score™: 89/100 with 5 warning signs

No single metric tells the full story. See the HKXCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hong Kong Exchanges and Clearing Business Description

Address 8 Connaught Place, 8th Floor, Two Exchange Square, Central, Hong Kong, HKG
Hong Kong Exchanges and Clearing is a vertically integrated securities exchange business offering listing, data, trading, clearing and settlement services across equities, debt and derivatives. HKEx, like Hong Kong itself, functions as a gateway between China and the rest of the world. HKEx serves as a preferred listing venue for Chinese companies outside of China and, through the Connect Scheme, offers two-way trading for a growing group of financial products with the Shanghai Stock Exchange and the Shenzhen Stock Exchange.
89GF Score

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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$47.32
Price
$64.69
GF Value