HSBC
HSBC
#77
Rank
$162.36 B
Marketcap
$43.22
Share price
0.02%
Change (1 day)
10.68%
Change (1 year)

P/E ratio for HSBC (HSBC)

P/E ratio as of June 2024 (TTM): 6.22

According to HSBC's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.21727. At the end of 2022 the company had a P/E ratio of 8.42.

P/E ratio history for HSBC from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.42-13.41%
20219.73-62.92%
202026.21.67%
201925.896.63%
201813.1-38.2%
201721.2-81.51%
2016115859.82%
201512.0-12.63%
201413.74.29%
201313.1-8.49%
201214.373.17%
20118.28
200829.8167.64%
200711.1-20.65%
200614.07.31%
200513.14227.5%
20040.3025-98.6%
200321.6-44.5%
200239.074.6%
200122.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
10.9 75.90%๐Ÿ‡บ๐Ÿ‡ธ USA
11.5 85.63%๐Ÿ‡บ๐Ÿ‡ธ USA
8.76 40.91%๐Ÿ‡บ๐Ÿ‡ธ USA
9.48 52.52%๐Ÿ‡จ๐Ÿ‡ฆ Canada
5.99-3.58%๐Ÿ‡ฉ๐Ÿ‡ช Germany
4.96-20.17%๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico
7.21 15.92%๐Ÿ‡ช๐Ÿ‡ธ Spain
9.30 49.51%๐Ÿ‡ง๐Ÿ‡ท Brazil
6.17-0.80%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.