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Hong Kong (HSI) Real Estate Sector Analysis

UpdatedMay 31, 2026
DataAggregated Company Financials
Companies228
  • 7D-3.3%
  • 3M-7.4%
  • 1Y21.0%
  • YTD9.9%

Over the last 7 days, the Real Estate industry has dropped 3.3%, driven by Sun Hung Kai Properties declining 5.0%. This takes the industry's 12 month performance to a gain of 21%. Earnings are forecast to grow by 22% annually.

Sector Valuation and Performance

Has the Hong Kong Real Estate Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 01 Jun 2026HK$2.5tHK$2.6tHK$5.4b10.8x467.6x0.9x
Wed, 29 Apr 2026HK$2.5tHK$2.6tHK$1.9b10.6x1288.3x0.9x
Fri, 27 Mar 2026HK$2.4tHK$2.7t-HK$134,966,046,207.5011.9x-17.5x0.9x
Sun, 22 Feb 2026HK$2.6tHK$2.7t-HK$137,984,442,490.6214.8x-19x1x
Tue, 20 Jan 2026HK$2.4tHK$2.7t-HK$136,843,242,394.9714x-17.5x0.9x
Thu, 18 Dec 2025HK$2.2tHK$2.6t-HK$135,746,174,522.6112.4x-16.6x0.9x
Sat, 15 Nov 2025HK$2.4tHK$2.6t-HK$139,860,280,362.4913x-17.4x0.9x
Mon, 13 Oct 2025HK$2.3tHK$2.6t-HK$145,827,523,219.1414.1x-16.1x0.9x
Wed, 10 Sep 2025HK$2.4tHK$2.6t-HK$146,658,845,637.3313.7x-16.2x0.9x
Fri, 08 Aug 2025HK$2.3tHK$3.0t-HK$180,775,308,563.8411.4x-12.9x0.8x
Sun, 06 Jul 2025HK$2.2tHK$3.0t-HK$179,417,459,361.2711.1x-12.4x0.7x
Tue, 03 Jun 2025HK$2.1tHK$3.0t-HK$186,630,734,602.9110.3x-11.1x0.7x
Thu, 01 May 2025HK$2.1tHK$3.0t-HK$176,843,495,425.0210.5x-11.7x0.7x
Sat, 29 Mar 2025HK$2.1tHK$3.3t-HK$261,999,945,945.459.4x-7.9x0.6x
Mon, 24 Feb 2025HK$2.0tHK$3.4t-HK$251,805,512,002.937.8x-7.9x0.6x
Wed, 22 Jan 2025HK$2.0tHK$3.4t-HK$249,691,519,346.097.6x-7.9x0.6x
Fri, 20 Dec 2024HK$2.0tHK$3.1t-HK$100,994,705,022.907.4x-19.3x0.6x
Sun, 17 Nov 2024HK$2.1tHK$3.1t-HK$96,446,879,493.767.7x-21.4x0.7x
Tue, 15 Oct 2024HK$2.2tHK$3.2t-HK$96,923,399,295.558.1x-23x0.7x
Thu, 12 Sep 2024HK$1.8tHK$3.2t-HK$79,621,721,404.567x-22.6x0.6x
Sat, 10 Aug 2024HK$1.9tHK$3.4t-HK$58,763,886,203.147.1x-32.3x0.6x
Mon, 08 Jul 2024HK$2.0tHK$3.4t-HK$19,577,672,651.857.3x-104x0.6x
Wed, 05 Jun 2024HK$2.2tHK$4.0t-HK$70,288,960,537.647.4x-31.9x0.6x
Fri, 03 May 2024HK$2.2tHK$4.1t-HK$79,217,278,436.347.4x-28.3x0.6x
Sun, 31 Mar 2024HK$2.1tHK$4.1t-HK$77,826,766,188.107.4x-26.6x0.5x
Tue, 27 Feb 2024HK$2.2tHK$3.9t-HK$171,265,516,976.656.5x-12.8x0.6x
Thu, 25 Jan 2024HK$2.1tHK$4.1t-HK$185,915,445,390.006.6x-11.4x0.5x
Sat, 23 Dec 2023HK$2.3tHK$4.0t-HK$184,203,936,227.006.8x-12.7x0.6x
Mon, 20 Nov 2023HK$2.4tHK$4.0t-HK$177,741,183,568.007.3x-13.4x0.6x
Wed, 18 Oct 2023HK$2.5tHK$4.0t-HK$156,867,458,741.007.2x-15.7x0.6x
Fri, 15 Sep 2023HK$2.6tHK$4.0t-HK$137,165,742,890.007.2x-19.3x0.7x
Sun, 13 Aug 2023HK$2.8tHK$4.7t-HK$27,416,826,815.007.6x-102.9x0.6x
Tue, 11 Jul 2023HK$2.9tHK$4.8tHK$18.5b7.4x154.5x0.6x
Thu, 08 Jun 2023HK$3.0tHK$4.9tHK$16.0b7.4x188.1x0.6x
Price to Earnings Ratio

188.1x


Total Market Cap: HK$3.0tTotal Earnings: HK$16.0bTotal Revenue: HK$4.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Real Estate Sector Price to Earnings3Y Average 45.2x202420252026
Current Industry PE
  • Investors are optimistic on the Hong Kong Real Estate industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 468x which is higher than its 3-year average PE of 45.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.69x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have declined 31% per year over the last three years,
  • Revenues have also declined 18% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Hong Kong Real Estate sector?

HK Market-1.58%
Real Estate-3.33%
Hotel and Resort REITs1.32%
Office REITs-0.39%
Industrial REITs-1.92%
Retail REITs-1.99%
REITS-2.28%
Real Estate-3.43%
Industry PE
  • Investors are most optimistic about the Real Estate industry which is trading above its 3-year average PE ratio of 43.9x.
    • Analysts are expecting annual earnings growth of 19.1%, which is higher than its past year's earnings decline of 8.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Hotel and Resort REITs industry, expecting annual earnings growth of 137% over the next 5 years.
  • In contrast, the Real Estate industry is expected to see its earnings grow by 19% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
1109 China Resources LandHK$35.321.2%
+HK$3.0b
38.0%PE8.6x
2602 OnewoHK$17.607.5%
+HK$1.4b
-13.1%PE25.2x
199 ITC Properties GroupHK$2.4381.3%
+HK$1.2b
1,146.2%PS6.8x
817 China Jinmao Holdings GroupHK$1.744.2%
+HK$945.9m
62.6%PE34.3x
81 China Overseas Grand Oceans GroupHK$2.902.1%
+HK$213.6m
69.6%PE29.3x

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