KE Holdings Inc
Research KE Holdings Inc (BEKE) on Bullrun: valuation model: 39.6% overvalued, market cap USD 18.98B, P/E 29.4, dividend yield 1.6%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerBEKE
- ExchangeNYSE
- CountryChina
- SectorReal Estate
- IndustryReal Estate Services
- CurrencyUSD
- Valuation signal39.6% overvalued
- Market capUSD 18.98B
- P/E29.4
- Dividend yield1.6%
- Financial periodQ2 2026
- RevenueCNY 24.54B
- Net incomeCNY 2.62B
- Free cash flowCNY 6.61B
- Gross margin28.6%
Valuation Snapshot
Bullrun's latest valuation model marks KE Holdings Inc as 39.6% overvalued; latest market cap is USD 18.98B; P/E is 29.4; dividend yield is 1.6%.
Peer valuation comparison
Latest P/E is 29.42x versus a Real Estate sector median of 14.08x (109.0% above).
Latest dividend yield is 1.56% versus a Real Estate sector median of 4.76% (67.2% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | CNY 94.58B | CNY 2.99B | -CNY 983.90M | 21.4% | 2.58 | CNY 7.77B | CNY 18.78B | CNY 66.44B |
| FY2024 | CNY 93.46B | CNY 4.06B | CNY 8.41B | 24.6% | 3.45 | CNY 11.44B | CNY 22.65B | CNY 71.32B |
| FY2023 | CNY 77.78B | CNY 5.88B | CNY 10.54B | 27.9% | 4.89 | CNY 19.63B | CNY 17.99B | CNY 72.10B |
| FY2022 | CNY 60.67B | -CNY 1.39B | CNY 7.73B | 22.7% | -1.17 | CNY 19.41B | CNY 12.19B | CNY 68.92B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 18.98B | 29.4 | 1.5% | 0.28 |
| 2025 | 2025-12-31 | USD 17.72B | 43.8 | n/a | n/a |
| 2024 | 2024-12-31 | USD 21.39B | 38.4 | 1.9% | 0.35 |
| 2023 | 2023-12-29 | USD 19.99B | 24.6 | 1.0% | 0.17 |
| 2022 | 2022-12-30 | USD 16.76B | n/a | n/a | n/a |
| 2021 | 2021-12-31 | USD 23.97B | n/a | n/a | n/a |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0.28 USD, yield 1.6%.
| Year | Dividends/share |
|---|---|
| FY2024 | 0.35 CNY |
| FY2023 | 0.17 CNY |
About KE Holdings Inc
KE Holdings Inc., through its subsidiaries, engages in operating an integrated online and offline platform for housing transactions and services in the People's Republic of China. The company operates through five segments: Existing Home Transaction Services, New Home Transaction Services, Home Renovation and Furnishing, Home rental services, and Emerging and Other Services. It operates Beike, an integrated online and offline platform for housing transactions and services; Lianjia, a real estate brokerage brand;
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Frequently asked questions
Is KE Holdings Inc overvalued or undervalued?
Bullrun's valuation model currently marks KE Holdings Inc as 39.6% overvalued.
What is KE Holdings Inc's market cap?
KE Holdings Inc's market capitalization is USD 18.98B.
What is KE Holdings Inc's P/E ratio?
KE Holdings Inc's price-to-earnings (P/E) ratio is 29.4.
Does KE Holdings Inc pay a dividend?
KE Holdings Inc has a dividend yield of 1.6%.
What does KE Holdings Inc do?
KE Holdings Inc., through its subsidiaries, engages in operating an integrated online and offline platform for housing transactions and services in the People's Republic of China. The company operates through five segments: Existing Home Transaction Services, New Home Transaction Services, Home Renovation and Furnishing, Home rental services, and Emerging and Other Services.