Looking into the current session, HSBC Holdings Inc. (NYSE:HSBC) shares are trading at $36.80, after a 0.46% drop. Over the past month, the stock fell by 7.42%, but over the past year, it actually went up by 30.54%. With questionable short-term performance like this, and great long-term performance, long-term shareholders might want to start looking into the company's price-to-earnings ratio.
Evaluating HSBC Holdings P/E in Comparison to Its Peers
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current ...