Narrative Update • Aug 27

Over the last 7 days, the Diversified Real Estate industry has dropped 4.8%, driven by a pullback from Sun Hung Kai Properties of 4.9%. In the past year, the industry has gained 16%. As for the next few years, earnings are expected to grow by 23% per annum.
Has the Hong Kong Diversified Real Estate Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 01 Sep 2026 | HK$511.8b | HK$229.0b | -HK$12,772,542,873.68 | 16.3x | -40.1x | 2.2x |
| Thu, 30 Jul 2026 | HK$513.6b | HK$238.5b | -HK$16,462,332,127.65 | 23.4x | -31.2x | 2.2x |
| Sat, 27 Jun 2026 | HK$481.5b | HK$239.0b | -HK$19,953,044,022.11 | 21.5x | -24.1x | 2x |
| Mon, 25 May 2026 | HK$590.4b | HK$238.9b | -HK$20,408,722,821.71 | 36x | -28.9x | 2.5x |
| Wed, 22 Apr 2026 | HK$587.1b | HK$238.8b | -HK$20,393,316,793.02 | 36.4x | -28.8x | 2.5x |
| Fri, 20 Mar 2026 | HK$573.3b | HK$234.6b | -HK$15,380,200,008.69 | 23.7x | -37.3x | 2.4x |
| Sun, 15 Feb 2026 | HK$597.3b | HK$221.2b | -HK$22,964,551,232.44 | 35.1x | -26x | 2.7x |
| Tue, 13 Jan 2026 | HK$491.6b | HK$221.0b | -HK$22,915,548,012.32 | 37.3x | -21.5x | 2.2x |
| Thu, 11 Dec 2025 | HK$457.9b | HK$219.7b | -HK$21,607,293,097.52 | 34.5x | -21.2x | 2.1x |
| Sat, 08 Nov 2025 | HK$470.2b | HK$236.0b | -HK$21,521,301,338.25 | 31.5x | -21.8x | 2x |
| Mon, 06 Oct 2025 | HK$463.1b | HK$236.6b | -HK$20,589,153,286.35 | 32.2x | -22.5x | 2x |
| Wed, 03 Sep 2025 | HK$459.7b | HK$248.6b | -HK$23,809,037,377.98 | 23.9x | -19.3x | 1.8x |
| Fri, 01 Aug 2025 | HK$453.3b | HK$239.1b | -HK$26,248,666,542.44 | 24.2x | -17.3x | 1.9x |
| Sun, 29 Jun 2025 | HK$494.7b | HK$243.1b | -HK$33,246,559,646.46 | 21.7x | -14.9x | 2x |
| Tue, 27 May 2025 | HK$449.0b | HK$243.4b | -HK$33,471,563,497.83 | 19.7x | -13.4x | 1.8x |
| Thu, 24 Apr 2025 | HK$413.2b | HK$242.6b | -HK$33,292,917,780.78 | 17.9x | -12.4x | 1.7x |
| Sat, 22 Mar 2025 | HK$426.4b | HK$240.1b | -HK$35,019,045,387.00 | 25x | -12.2x | 1.8x |
| Mon, 17 Feb 2025 | HK$400.9b | HK$232.9b | -HK$18,299,321,918.63 | 10.9x | -21.9x | 1.7x |
| Wed, 15 Jan 2025 | HK$398.8b | HK$232.3b | -HK$18,000,154,624.35 | 10.7x | -22.2x | 1.7x |
| Fri, 13 Dec 2024 | HK$434.0b | HK$232.5b | -HK$18,025,316,020.54 | 11.7x | -24.1x | 1.9x |
| Sun, 10 Nov 2024 | HK$455.6b | HK$234.6b | -HK$17,811,479,525.91 | 12.7x | -25.6x | 1.9x |
| Tue, 08 Oct 2024 | HK$489.5b | HK$235.1b | -HK$17,936,179,388.33 | 13.1x | -27.3x | 2.1x |
| Thu, 05 Sep 2024 | HK$401.6b | HK$288.8b | HK$208.6m | 15x | 1925.5x | 1.4x |
| Sat, 03 Aug 2024 | HK$387.5b | HK$285.3b | HK$17.0b | 16.6x | 22.8x | 1.4x |
| Mon, 01 Jul 2024 | HK$476.4b | HK$379.8b | HK$45.9b | 14.7x | 10.4x | 1.3x |
| Wed, 29 May 2024 | HK$530.6b | HK$380.7b | HK$53.5b | 13.1x | 9.9x | 1.4x |
| Fri, 26 Apr 2024 | HK$499.0b | HK$380.9b | HK$53.7b | 11.4x | 9.3x | 1.3x |
| Sun, 24 Mar 2024 | HK$506.7b | HK$389.5b | HK$51.2b | 10.6x | 9.9x | 1.3x |
| Tue, 20 Feb 2024 | HK$513.6b | HK$395.1b | HK$29.6b | 9.7x | 17.3x | 1.3x |
| Thu, 18 Jan 2024 | HK$513.8b | HK$395.2b | HK$29.6b | 10.5x | 17.3x | 1.3x |
| Sat, 16 Dec 2023 | HK$551.6b | HK$395.5b | HK$29.6b | 11.3x | 18.6x | 1.4x |
| Mon, 13 Nov 2023 | HK$511.3b | HK$393.1b | HK$30.1b | 10.9x | 17x | 1.3x |
| Wed, 11 Oct 2023 | HK$550.8b | HK$393.6b | HK$30.2b | 11.4x | 18.2x | 1.4x |
| Fri, 08 Sep 2023 | HK$578.6b | HK$364.5b | HK$25.1b | 12.7x | 23x | 1.6x |
23x
How does Hong Kong Diversified Real Estate compare with similar industries?
| HK Market | -0.071% | |
| Real Estate | -2.77% | |
| Real Estate | -2.86% | |
| Diversified Real Estate | -4.81% | |
| Real Estate Operating Companies | -2.18% | |
| Real Estate Development | -2.30% | |
| Real Estate Services | -2.38% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 535 Gemdale Properties and Investment | HK$0.099 | 4.2% +HK$66.5m | -61.2% | PS0.4x | |
| 488 Lai Sun Development | HK$0.67 | 7.2% +HK$65.4m | 3.1% | PS0.2x | |
| 2349 China AI Infrastructure Group | HK$0.093 | 17.7% +HK$43.8m | 57.6% | PS4.6x | |
| 369 Wing Tai Properties | HK$1.92 | 1.1% +HK$27.5m | 14.3% | PS2.5x | |
| 747 Shenyang Public Utility Holdings | HK$0.072 | 28.6% +HK$23.5m | 10.8% | PS4.6x |