Hsbc Holdings (HSBC) Price to Book (2009 - 2026)
Hsbc Holdings' (HSBC) Price to Book was 12.98 for Q2 2026, up 52.4% from 8.52 a year earlier and up 803.9% from the prior quarter.
Analysis
Hsbc Holdings (HSBC) Price to Book (2009 - 2026) Analysis & Trends
For FY2025, Price to Book at Hsbc Holdings was 10.22, up 42.4% from FY2024.
- By year, Price to Book came in at 7.18 in FY2024 (+13.3%), 6.34 in FY2023 and 4.89 in FY2021 (+15.5%).
- The Q2 2026 figure ranks as the highest quarterly Price to Book since Q4 2009.
- Year over year, Price to Book has now increased in each of the last 15 quarters, with growth averaging 28.8% over the last eight quarters.
- The high point for year-over-year Price to Book in five years was Q3 2021 (growth of 909.1%); the low point was Q3 2022 (a decline of 85.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 1.44 (Q1 2026), 10.22 (Q4 2025) and 1.28 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 881.30 Bn | 881.30 Bn | - |
| 2 | Bank Of America | 354.90 Bn | -2,021.17 Bn | - |
| 3 | Hsbc Holdings | 311.39 Bn | -1,517.77 Bn | - |
| 4 | Morgan Stanley | 282.15 Bn | -226.95 Bn | - |
| 5 | Royal Bank Of Canada | 281.68 Bn | -548.32 Bn | - |
| 6 | Goldman Sachs | 255.22 Bn | -3,301.89 Bn | - |
| 7 | Mitsubishi Ufj Financial | 249.82 Bn | -82.42 Bn | 10.89 Bn |
| 8 | Wells Fargo & Company | 249.49 Bn | 251.62 Bn | - |
| 9 | Toronto Dominion Bank | 210.53 Bn | -465.35 Bn | - |
| 10 | American Express | 210.06 Bn | 9.55 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.66 |
| Mar 31, 2026 | 1.44 |
| Dec 31, 2025 | 1.36 |
| Jun 30, 2025 | 1.13 |
| Mar 31, 2025 | 1.04 |
| Dec 31, 2024 | 0.96 |
| Jun 30, 2024 | 0.91 |
| Mar 31, 2024 | 0.76 |
| Dec 31, 2023 | 0.84 |
| Jun 30, 2023 | 0.87 |
| Mar 31, 2023 | 0.70 |
| Dec 31, 2022 | 0.71 |
| Sep 30, 2022 | 0.58 |
| Jun 30, 2022 | 0.72 |
| Mar 31, 2022 | 0.69 |
| Dec 31, 2021 | 0.66 |
| Jun 30, 2021 | 0.60 |
| Dec 31, 2020 | 0.55 |
| Sep 30, 2020 | 0.40 |
| Jun 30, 2020 | 0.51 |
API Access
Hsbc Holdings Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=HSBC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "HSBC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=HSBC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();