P/E ratio for HSBC (HSBC)

P/E ratio history for HSBC from 2001 to 2026

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	13.2	-8.92%	🇺🇸 USA
JPMorgan Chase JPM	14.9	3.15%	🇺🇸 USA
Citigroup C	14.1	-2.81%	🇺🇸 USA
Toronto Dominion Bank TD	12.9	-10.93%	🇨🇦 Canada
Deutsche Bank DB	10.1	-30.01%	🇩🇪 Germany
Banco Santander México BSMX	4.96	-65.73%	🇲🇽 Mexico
Santander SAN	12.1	-16.67%	🇪🇸 Spain
Itaú Unibanco ITUB	11.1	-23.34%	🇧🇷 Brazil
Barclays BCS	10.5	-27.49%	🇬🇧 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.