P/E ratio for HSBC (HSBC)

P/E ratio history for HSBC from 2001 to 2025

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Barclays BCS	9.70	27.86%	🇬🇧 UK
Bank of America BAC	13.1	71.94%	🇺🇸 USA
Toronto Dominion Bank TD	22.1	190.96%	🇨🇦 Canada
Deutsche Bank DB	12.7	66.91%	🇩🇪 Germany
Citigroup C	11.8	54.82%	🇺🇸 USA
Santander SAN	9.58	26.28%	🇪🇸 Spain
JPMorgan Chase JPM	13.0	70.66%	🇺🇸 USA
Itaú Unibanco ITUB	9.76	28.58%	🇧🇷 Brazil
Banco Santander México BSMX	4.96	-34.61%	🇲🇽 Mexico

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.