John Hancock Preferred Income Fund II Ratios | P/E, ROE & Valuation

On the Key Ratios page for John Hancock Preferred Income Fund II (HPF), the latest P/E of 11.9 frames valuation, while ROE 8.15% and ROIC 7.16% indicates profitability and capital efficiency. Together with the current ratio of 2.26 and debt-to-equity 0.60, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

HPF Historical Per Share Metrics

9 years
Metric (FY)TTM20242023202220212020201920182017
Revenue per Share$1.90$1.81$-1.14$-1.23$3.93$-1.44$1.67$0.96$1.04
Net Income per Share$1.30$2.30$-1.16$-1.25$3.91$-1.46$1.65$0.92$0.99
Operating Cash Flow per Share$1.29$1.56$1.31$1.33$0.96$3.57$1.64$1.68$1.66
Free Cash Flow per Share$1.29$1.56$1.31$1.33$0.96$3.57$1.64$1.68$1.66
Cash per Share$0.10$0.01$0.22$0.27$0.54$0.08$0.01$0.16$0.47
Book Value per Share$15.96$16.00$15.18$17.90$20.55$18.12$21.09$21.32$21.89
Tangible Book Value per Share$15.96$16.00$15.18$17.90$20.55$18.12$21.09$21.32$21.89
Interest Debt per Share$9.78$10.18$10.10$9.80$9.61$9.24$11.51$11.55$11.36
CAPEX per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00

HPF Historical Valuation Ratios

9 years
Metric (FY)TTM20242023202220212020201920182017
Price to Earnings (P/E)11.927.38-13.65-15.225.62-12.6614.3823.1222.59
Price to Book (P/B)0.971.061.041.061.071.021.1211.02
Price to Sales (P/S)8.169.37-13.91-15.445.59-12.8314.1922.2121.49
Enterprise Value to EBITDA13.710-21.93-25.370-18.86000
EV to Sales13.1814.67-22.34-23.298.02-19.120.8833.9932.23
EV to Operating Cash Flow19.4716.9619.4821.6233.017.7121.2419.420.17
EV to Free Cash Flow19.4716.9619.4821.6233.017.7121.2419.420.17
Enterprise Value$542.07M$571.72M$547.44M$612.51M$674.62M$587.54M$742.68M$686.55M$714.13M

HPF Historical Profitability Ratios

9 years
Metric (FY)TTM20242023202220212020201920182017
Return on Equity (ROE)8.15%14.36%-7.65%-6.98%19.04%-8.05%7.80%4.32%4.53%
Return on Invested Capital (ROIC)7.16%6.24%0.00%-8.94%0.00%-10.53%0.95%3.67%-2.77%
Return on Tangible Assets5.05%8.95%-4.65%-4.49%12.93%-5.37%5.07%2.81%2.99%
Earnings Yield8.37%13.56%-7.33%-6.57%17.78%-7.90%6.95%4.33%4.43%
Free Cash Flow Yield8.30%9.23%8.25%6.98%4.34%19.31%6.93%7.89%7.44%
Dividend Yield9.57%8.46%9.06%7.62%6.63%7.97%6.92%7.89%7.43%

HPF Historical Liquidity & Financial Strength

9 years
Metric (FY)TTM20242023202220212020201920182017
Current Ratio2.2623.388.880.942.4225.731.692.64.27
Interest Coverage7.912.72-2.41-9.550.06-6.844.744.476.78
Income Quality0.990.68-1.13-1.060.24-2.4511.821.68
Debt to Equity0.60.60.630.540.460.50.530.530.51
Debt to Assets37.21%37.36%38.51%34.75%31.51%33.24%34.40%34.48%33.75%
Net Debt to EBITDA5.230-8.28-8.550-6.19000

HPF Historical Efficiency Ratios

9 years
Metric (FY)TTM20242023202220212020201920182017
Receivables Turnover8.084.28-2.65-5.110.88-8.245.663.363.93
Payables Turnover1.7504.060.911.46341.652.334.23
Inventory Turnover00-0.570-0.38000.580
Days Sales Outstanding45.1885.22-137.95-71.5533.54-44.2764.49108.4792.98
Days Payables Outstanding208.09089.85400.98249.6410.74221.32156.4486.38
Days of Inventory on Hand00-643.630-971.4600634.610

HPF Historical Market Metrics

9 years
Metric (FY)TTM20242023202220212020201920182017
Enterprise Value to EBITDA13.710-21.93-25.370-18.86000
Market Cap$335.37M$365.26M$340.74M$406.00M$470.72M$394.54M$504.77M$448.61M$476.18M
Enterprise Value$542.07M$571.72M$547.44M$612.51M$674.62M$587.54M$742.68M$686.55M$714.13M
Dividend Yield9.57%8.46%9.06%7.62%6.63%7.97%6.92%7.89%7.43%
Payout Ratio110.80%62.42%-123.67%-115.93%37.27%-100.86%99.53%182.41%167.71%

Frequently Asked Questions

How does John Hancock Preferred Income Fund II’s P/E ratio compare with its history?

On this page, HPF's current P/E is 11.9, compared with a multi-year average around 14.2. A lower P/E versus its own history is a calculated gap versus that average—not a conclusion that the stock is cheap. Pair it with profitability and earnings quality in the table (for example ROE/ROIC) to see whether the multiple moved with earnings.

What is John Hancock Preferred Income Fund II market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $335.37M. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

How does John Hancock Preferred Income Fund II’s P/E compare with its industry?

There is no P/E Tickerplace rates as good. Compare the P/E on this page with John Hancock Preferred Income Fund II's own historical range (in the table) and with peers via the Screener and Compare tools. A higher or lower multiple versus peers is a calculated gap, not a recommendation.

How does John Hancock Preferred Income Fund II compare to its competitors in key financial ratios?

The fastest way to compare John Hancock Preferred Income Fund II with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see John Hancock Preferred Income Fund II outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

What do John Hancock Preferred Income Fund II's liquidity and leverage ratios show?

Liquidity and leverage figures on this page are published ratios, not a verdict that John Hancock Preferred Income Fund II is financially strong. Current ratio is about 2.26, which is above 1.0 and can indicate more comfortable short-term liquidity. Interest coverage is about 7.91, implying a stronger ability to cover interest expenses. Debt-to-equity is about 0.60, suggesting leverage is more moderate relative to a high-debt profile. Pair them with ROE/ROIC and cash-flow rows in the table. Tickerplace does not rate the company as a good or poor investment.

What do John Hancock Preferred Income Fund II's financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If John Hancock Preferred Income Fund II is sustaining strong returns (for example ROE at 8.15% and ROIC at 7.16%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.