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%. Over the past 12 months, the industry was up 16%. Earnings are forecast to grow by 23% annually.
Has the Hong Kong Diversified Real Estate Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 31 Aug 2026 | HK$511.8b | HK$229.0b | -HK$12,772,542,873.68 | 16.3x | -40.1x | 2.2x |
| Wed, 29 Jul 2026 | HK$510.2b | HK$238.5b | -HK$16,459,810,562.00 | 23.2x | -31x | 2.1x |
| Fri, 26 Jun 2026 | HK$492.6b | HK$239.0b | -HK$19,881,028,519.42 | 28.7x | -24.8x | 2.1x |
| Sun, 24 May 2026 | HK$590.4b | HK$238.9b | -HK$20,408,722,821.71 | 36x | -28.9x | 2.5x |
| Tue, 21 Apr 2026 | HK$574.5b | HK$238.8b | -HK$20,392,035,898.12 | 34.7x | -28.2x | 2.4x |
| Thu, 19 Mar 2026 | HK$592.8b | HK$234.7b | -HK$15,399,543,863.11 | 24.7x | -38.5x | 2.5x |
| Sat, 14 Feb 2026 | HK$597.3b | HK$221.2b | -HK$22,964,342,490.92 | 35.1x | -26x | 2.7x |
| Mon, 12 Jan 2026 | HK$482.5b | HK$221.0b | -HK$22,911,637,823.46 | 36.4x | -21.1x | 2.2x |
| Wed, 10 Dec 2025 | HK$455.5b | HK$219.7b | -HK$21,606,503,923.18 | 34.5x | -21.1x | 2.1x |
| Fri, 07 Nov 2025 | HK$467.5b | HK$235.9b | -HK$21,519,687,070.22 | 31.5x | -21.7x | 2x |
| Sun, 05 Oct 2025 | HK$462.8b | HK$236.6b | -HK$20,589,153,286.35 | 32.2x | -22.5x | 2x |
| Tue, 02 Sep 2025 | HK$456.6b | HK$248.6b | -HK$23,810,484,420.92 | 23.5x | -19.2x | 1.8x |
| Thu, 31 Jul 2025 | HK$459.4b | HK$239.2b | -HK$26,260,408,337.35 | 24.5x | -17.5x | 1.9x |
| Sat, 28 Jun 2025 | HK$494.7b | HK$243.7b | -HK$33,242,866,272.98 | 21.7x | -14.9x | 2x |
| Mon, 26 May 2025 | HK$448.2b | HK$243.4b | -HK$33,470,668,094.58 | 19.4x | -13.4x | 1.8x |
| Wed, 23 Apr 2025 | HK$408.2b | HK$242.5b | -HK$33,272,544,930.38 | 17.8x | -12.3x | 1.7x |
| Fri, 21 Mar 2025 | HK$430.2b | HK$245.7b | -HK$31,472,244,979.85 | 25x | -13.7x | 1.8x |
| Sun, 16 Feb 2025 | HK$400.9b | HK$232.9b | -HK$18,299,321,918.63 | 10.9x | -21.9x | 1.7x |
| Tue, 14 Jan 2025 | HK$397.6b | HK$232.3b | -HK$18,000,721,005.59 | 10.7x | -22.1x | 1.7x |
| Thu, 12 Dec 2024 | HK$433.3b | HK$232.4b | -HK$18,022,749,070.19 | 11.6x | -24x | 1.9x |
| Sat, 09 Nov 2024 | HK$455.6b | HK$234.6b | -HK$17,818,571,689.27 | 12.7x | -25.6x | 1.9x |
| Mon, 07 Oct 2024 | HK$478.0b | HK$234.9b | -HK$17,915,866,213.94 | 12.9x | -26.7x | 2x |
| Wed, 04 Sep 2024 | HK$404.3b | HK$288.8b | HK$210.5m | 15.5x | 1920.6x | 1.4x |
| Fri, 02 Aug 2024 | HK$475.9b | HK$380.0b | HK$45.9b | 13.5x | 10.4x | 1.3x |
| Sun, 30 Jun 2024 | HK$476.4b | HK$379.8b | HK$45.9b | 14.7x | 10.4x | 1.3x |
| Tue, 28 May 2024 | HK$532.2b | HK$380.7b | HK$53.5b | 13.1x | 9.9x | 1.4x |
| Thu, 25 Apr 2024 | HK$498.2b | HK$380.8b | HK$53.5b | 11.2x | 9.3x | 1.3x |
| Sat, 23 Mar 2024 | HK$506.7b | HK$389.1b | HK$52.0b | 10.6x | 9.7x | 1.3x |
| Mon, 19 Feb 2024 | HK$519.3b | HK$395.2b | HK$29.6b | 9.9x | 17.5x | 1.3x |
| Wed, 17 Jan 2024 | HK$531.6b | HK$395.2b | HK$29.6b | 10.8x | 17.9x | 1.3x |
| Fri, 15 Dec 2023 | HK$524.0b | HK$395.4b | HK$29.6b | 10.9x | 17.7x | 1.3x |
| Sun, 12 Nov 2023 | HK$511.3b | HK$393.1b | HK$30.1b | 10.9x | 17x | 1.3x |
| Tue, 10 Oct 2023 | HK$546.3b | HK$393.7b | HK$30.2b | 11.4x | 18.1x | 1.4x |
| Thu, 07 Sep 2023 | HK$579.1b | HK$364.6b | HK$25.1b | 12.3x | 23.1x | 1.6x |
23.1x
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 | |
|---|---|---|---|---|---|
| 488 Lai Sun Development | HK$0.66 | 4.8% +HK$43.6m | 0.8% | PS0.2x | |
| 2349 China AI Infrastructure Group | HK$0.092 | 16.5% +HK$40.7m | 55.9% | 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 | |
| 535 Gemdale Properties and Investment | HK$0.096 | 1.1% +HK$16.6m | -62.4% | PS0.4x |