Narrative Update • Aug 27
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Hong Kong (HSI) Diversified Real Estate Industry Analysis
UpdatedSep 02, 2026
DataAggregated Company Financials
Companies26
- 7D-8.4%
- 3M-10.5%
- 1Y6.1%
- YTDn/a
Over the last 7 days, the Diversified Real Estate industry has dropped 8.4%, driven by Sun Hung Kai Properties declining 7.9%. On the other hand Shun Tak Holdings is actually up 7.5%. In the past year, the industry has gained 6.1%. Looking forward, earnings are forecast to grow by 23% annually.
Industry Valuation and Performance
Has the Hong Kong Diversified Real Estate Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 03 Sep 2026 | HK$480.2b | HK$229.2b | -HK$12,596,916,336.22 | 16x | -38.1x | 2.1x |
| Sat, 01 Aug 2026 | HK$519.4b | HK$238.5b | -HK$16,471,354,422.29 | 23.3x | -31.5x | 2.2x |
| Mon, 29 Jun 2026 | HK$481.5b | HK$238.3b | -HK$18,849,983,347.03 | 21.5x | -25.5x | 2x |
| Wed, 27 May 2026 | HK$577.1b | HK$238.9b | -HK$20,412,674,202.80 | 35.1x | -28.3x | 2.4x |
| Fri, 24 Apr 2026 | HK$585.5b | HK$238.8b | -HK$20,383,155,853.46 | 36.5x | -28.7x | 2.5x |
| Sun, 22 Mar 2026 | HK$572.8b | HK$234.8b | -HK$19,241,973,539.06 | 30.8x | -29.8x | 2.4x |
| Tue, 17 Feb 2026 | HK$600.3b | HK$221.2b | -HK$22,964,107,361.15 | 35.6x | -26.1x | 2.7x |
| Thu, 15 Jan 2026 | HK$499.6b | HK$221.0b | -HK$22,915,572,678.06 | 35.2x | -21.8x | 2.3x |
| Sat, 13 Dec 2025 | HK$468.6b | HK$219.7b | -HK$21,614,284,298.73 | 34.5x | -21.7x | 2.1x |
| Mon, 10 Nov 2025 | HK$470.2b | HK$235.9b | -HK$21,520,299,740.81 | 31.5x | -21.9x | 2x |
| Wed, 08 Oct 2025 | HK$462.2b | HK$236.6b | -HK$20,590,112,877.63 | 32.1x | -22.4x | 2x |
| Fri, 05 Sep 2025 | HK$451.7b | HK$248.6b | -HK$23,808,283,014.18 | 23.6x | -19x | 1.8x |
| Sun, 03 Aug 2025 | HK$447.3b | HK$239.0b | -HK$26,236,687,709.86 | 23.9x | -17x | 1.9x |
| Tue, 01 Jul 2025 | HK$492.8b | HK$243.2b | -HK$33,252,588,770.85 | 21.7x | -14.8x | 2x |
| Thu, 29 May 2025 | HK$451.4b | HK$243.4b | -HK$33,471,084,449.28 | 19.8x | -13.5x | 1.9x |
| Sat, 26 Apr 2025 | HK$413.7b | HK$242.5b | -HK$33,280,732,713.25 | 18x | -12.4x | 1.7x |
| Mon, 24 Mar 2025 | HK$426.4b | HK$240.1b | -HK$33,329,020,744.66 | 25x | -12.8x | 1.8x |
| Wed, 19 Feb 2025 | HK$396.6b | HK$232.7b | -HK$18,281,365,748.24 | 10.7x | -21.7x | 1.7x |
| Fri, 17 Jan 2025 | HK$397.2b | HK$232.3b | -HK$18,002,316,475.86 | 10.7x | -22.1x | 1.7x |
| Sun, 15 Dec 2024 | HK$428.8b | HK$232.4b | -HK$18,021,197,123.91 | 11.5x | -23.8x | 1.8x |
| Tue, 12 Nov 2024 | HK$440.5b | HK$234.4b | -HK$17,800,812,631.22 | 12x | -24.7x | 1.9x |
| Thu, 10 Oct 2024 | HK$454.5b | HK$234.9b | -HK$17,915,223,244.55 | 12.3x | -25.4x | 1.9x |
| Sat, 07 Sep 2024 | HK$408.6b | HK$289.2b | -HK$5,401,937,469.32 | 16.2x | -75.6x | 1.4x |
| Mon, 05 Aug 2024 | HK$387.5b | HK$285.5b | HK$17.0b | 16.6x | 22.8x | 1.4x |
| Wed, 03 Jul 2024 | HK$478.2b | HK$379.8b | HK$45.9b | 14.6x | 10.4x | 1.3x |
| Fri, 31 May 2024 | HK$517.3b | HK$380.8b | HK$53.5b | 12.6x | 9.7x | 1.4x |
| Sun, 28 Apr 2024 | HK$506.8b | HK$380.7b | HK$53.5b | 11.7x | 9.5x | 1.3x |
| Tue, 26 Mar 2024 | HK$508.8b | HK$389.6b | HK$51.2b | 10.7x | 9.9x | 1.3x |
| Thu, 22 Feb 2024 | HK$530.0b | HK$395.2b | HK$29.6b | 10.1x | 17.9x | 1.3x |
| Sat, 20 Jan 2024 | HK$517.9b | HK$395.5b | HK$29.6b | 10.6x | 17.5x | 1.3x |
| Mon, 18 Dec 2023 | HK$551.6b | HK$395.5b | HK$29.6b | 11.3x | 18.6x | 1.4x |
| Wed, 15 Nov 2023 | HK$515.8b | HK$393.1b | HK$30.1b | 10.9x | 17.1x | 1.3x |
| Fri, 13 Oct 2023 | HK$557.7b | HK$393.6b | HK$30.2b | 11.6x | 18.5x | 1.4x |
| Sun, 10 Sep 2023 | HK$578.6b | HK$370.6b | HK$30.2b | 12.3x | 19.1x | 1.6x |
Price to Earnings Ratio
19.1x
Current Industry PE
- Investors are optimistic on the Hong Kong Diversified Real Estate Activities industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 1.8x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
- Total earnings for the Diversified Real Estate Activities industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 15% per year, which is driving profits down.
Industry Comparison
How does Hong Kong Diversified Real Estate compare with similar industries?
| HK Market | 0.95% | |
| Real Estate | -6.92% | |
| Real Estate | -7.19% | |
| Diversified Real Estate | -8.45% | |
| Real Estate Operating Companies | -2.28% | |
| Real Estate Services | -5.80% | |
| Real Estate Development | -9.07% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 242 Shun Tak Holdings | HK$0.50 | 7.5% +HK$105.6m | -29.6% | PS0.6x | |
| 480 HKR International | HK$1.03 | 2.0% +HK$29.7m | 6.2% | PS0.5x | |
| 878 Soundwill Holdings | HK$6.27 | 1.6% +HK$28.3m | 4.5% | PS3.7x | |
| 88 Tai Cheung Holdings | HK$3.34 | 1.1% +HK$21.6m | 2.3% | PS73.8x | |
| 535 Gemdale Properties and Investment | HK$0.098 | 1.0% +HK$16.6m | -61.6% | PS0.4x |
