Hong Leong Bank

2009 to 2022

It EPS grew from 58.28 sen in 2009 to 157.64 sen in 2022.  It has grown its EPS 2.7x.

Its EPS grew at a faster rate from 2009 to 2015 (doubling over 6 years) and grew at a slower rate from 2016 to 2022 (EPS increased by about 50%),

Excluding the very high PEs and very low PEs at the extremes, its usual historical PE ranged from low PE of 11.2 to high PE of 16.5 and its average or signature PE was 14.1.

It paid out 35% of its earnings as dividends and grew its earnings by 99.36 sen (157.64 - 58.28 sen).  It retained 957.61 sen (1473.01 sen - 515.4 sen).  The return on its retained earnings (RORE) is thus, 10.4% (99.36 sen / 1473.01 sen).

Its usual DY ranged from low DY of 2.38% to high DY of 3.12%.   

At the current price of RM 19.90 per share, it is trading at a PE of 11.06x and its DY is 2.96%.