HPS (John Hancock Preferredome Fund III) ROE % Adjusted to Book Value: 10.10% (As of Jan. 2026)


HPS John Hancock Preferred Income Fund III HPS
30 GF Score
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What is John Hancock Preferredome Fund III ROE % Adjusted to Book Value?

John Hancock Preferredome Fund III HPS -0.21% 30 ROE % Adjusted to Book Value is 10.10% as of Jan. 2026. GuruFocus rates HPS with a GF Score™ of 30/100. The stock has 6 warning signs investors should review.

John Hancock Preferredome Fund III's ROE % for the quarter that ended in Jan. 2026 was 10.30%. John Hancock Preferredome Fund III's PB Ratio for the quarter that ended in Jan. 2026 was 1.02. John Hancock Preferredome Fund III's ROE % Adjusted to Book Value for the quarter that ended in Jan. 2026 was 10.10%.


John Hancock Preferredome Fund III ROE % Adjusted to Book Value Related Terms


John Hancock Preferredome Fund III ROE % Adjusted to Book Value Historical Data

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The historical data trend for John Hancock Preferredome Fund III'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.

John Hancock Preferredome Fund III ROE % Adjusted to Book Value Chart

John Hancock Preferredome Fund III Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only 19.00 -5.83 -6.21 12.95 8.39

John Hancock Preferredome Fund III Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 15.58 11.35 10.46 6.01 10.10

HPS vs NBB, VVR, KIO: ROE % Adjusted to Book Value Comparison

For the Asset Management subindustry, John Hancock Preferredome Fund III'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.


John Hancock Preferredome Fund III ROE % Adjusted to Book Value vs Asset Management Industry

For the Asset Management industry and Financial Services sector, John Hancock Preferredome Fund III's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where John Hancock Preferredome Fund III's ROE % Adjusted to Book Value falls into.


HPS
30GF Score
John Hancock Preferred Income Fund III HPS
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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John Hancock Preferredome Fund III ROE % Adjusted to Book Value Calculation

John Hancock Preferredome Fund III's ROE % Adjusted to Book Value for the fiscal year that ended in Jul. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=8.47% / 1.01
=8.39%

John Hancock Preferredome Fund III's ROE % Adjusted to Book Value for the quarter that ended in Jan. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=10.30% / 1.02
=10.10%

* 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 10.10% mean?
John Hancock Preferredome Fund III (HPS) has a ROE % Adjusted to Book Value of 10.10% as of Jan. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on John Hancock Preferredome Fund III and its competitors.
Is John Hancock Preferredome Fund III's ROE % Adjusted to Book Value too high?
John Hancock Preferredome Fund III's current ROE % Adjusted to Book Value is 10.10%. 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 ROE % Adjusted to Book Value compare to NBB and VVR?
John Hancock Preferredome Fund III's ROE % Adjusted to Book Value of 10.10% can be compared against companies in the Asset Management 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 an Asset Management company?
A good ROE % Adjusted to Book Value depends on the Asset Management 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 John Hancock Preferredome Fund III and its competitors. John Hancock Preferredome Fund III's current ROE % Adjusted to Book Value is 10.10%. 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 ROE % Adjusted to Book Value of 10.10%. The current ROE % Adjusted to Book Value is 10.10%. 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 ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For John Hancock Preferredome Fund III (HPS), the current ROE % Adjusted to Book Value is 10.10% as of Jan. 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

Address 200 Berkeley Street, Boston, MA, USA, 02116
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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