HSBC
HSBC
#68
Rank
$155.01 B
Marketcap
$39.54
Share price
0.71%
Change (1 day)
35.32%
Change (1 year)
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P/E ratio for HSBC (HSBC)

P/E ratio as of September 2023 (TTM): 6.62

According to HSBC's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.62167. At the end of 2012 the company had a P/E ratio of 14.3.

P/E ratio history for HSBC from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
201214.373.17%
20118.28

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
7.98 20.49%๐Ÿ‡บ๐Ÿ‡ธ USA
9.41 42.14%๐Ÿ‡บ๐Ÿ‡ธ USA
6.09-8.08%๐Ÿ‡บ๐Ÿ‡ธ USA
10.7 60.96%๐Ÿ‡จ๐Ÿ‡ฆ Canada
4.04-38.98%๐Ÿ‡ฉ๐Ÿ‡ช Germany
4.96-25.05%๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico
6.03-8.99%๐Ÿ‡ช๐Ÿ‡ธ Spain
8.72 31.70%๐Ÿ‡ง๐Ÿ‡ท Brazil
4.44-32.94%๐Ÿ‡ฌ๐Ÿ‡ง UK

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.