HSBC Holdings plc
HSBC Financial Banks Diversified
In the quarter to June 2026, revenue fell 18.8%, EPS fell 24.1%, free cash flow grew 75.4% and total debt rose 2.47%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
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HSBC Holdings plc (HSBC) P/E ratio
As of 16 October 2026, HSBC Holdings plc (HSBC) trades at a P/E ratio of 13.3×. Over the past ten years it has ranged from 5.5× (April 2024) to 339× (August 2017); the current reading is higher than 54% of that period. That is above the Banks Diversified industry median of 12.0× and above the Financial sector median of 12.4×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 10.2× | 27.08% |
| FY2024 | 8.0× | (7.76%) |
| FY2023 | 8.7× | (53.84%) |
| FY2022 | 18.8× | 31.36% |
| FY2021 | 14.3× | (53.72%) |
| FY2020 | 30.9× | 95.19% |
| FY2019 | 15.8× | 24.98% |
| FY2018 | 12.6× | (92.76%) |
| FY2017 | 175× | 49.54% |
| FY2016 | 117× | 861.98% |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Mar 2026 | 11.6× | 26.86% |
| Sep 2025 | 9.2× | 24.39% |
| Mar 2025 | 7.4× | 0.88% |
| Sep 2024 | 7.3× | 31.67% |
| 31 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| SMFG Sumitomo Mitsui Financial Group Inc compare | 9.3× |
| SAN Banco Santander, S.A. compare | 10.7× |
| WFC Wells Fargo & Company compare | 11.5× |
| BBVA Banco Bilbao Viscaya Argentaria S.A. compare | 11.7× |
| BAC Bank of America Corporation compare | 11.9× |
| C Citigroup Inc. compare | 12.1× |
| HSBC HSBC Holdings plc | 13.3× |
| UBS UBS Group AG compare | 15.5× |
| MUFG Mitsubishi UFJ Financial Group, Inc. compare | 17.0× |
| Banks Diversified industry median | 12.0× |
| Financial sector median | 12.4× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)