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
Bank of America BAC	13.7	20.18%	🇺🇸 USA
JPMorgan Chase JPM	15.2	33.90%	🇺🇸 USA
Citigroup C	16.3	43.51%	🇺🇸 USA
Toronto Dominion Bank TD	13.6	19.73%	🇨🇦 Canada
Deutsche Bank DB	10.5	-7.22%	🇩🇪 Germany
Banco Santander México BSMX	4.96	-56.32%	🇲🇽 Mexico
Santander SAN	13.2	16.61%	🇪🇸 Spain
Itaú Unibanco ITUB	11.9	4.96%	🇧🇷 Brazil
Barclays BCS	12.5	9.98%	🇬🇧 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.