HSBC HoldingsLSE:HSBA +1.12%60 Median PS Value is £7.81 as of Jun. 26, 2026, which is 100% below its 10-year median of 0.93. GuruFocus rates LSE:HSBA with a GF Score™ of 60/100 and a GF Value™ of £8.30 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,042 Banks companies, HSBC Holdings ranks worse than 89.16% on this metric.
This valuation method assumes that the stock valuation will revert to its historical (10-Year) median in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. HSBC Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was £3.077. HSBC Holdings's 10-Year median PS Ratio is 2.5382. Therefore, the Median PS Value for today is £7.81.
As of today (2026-06-26), HSBC Holdings's share price is £14.454. HSBC Holdings's Median PS Value is £7.81. Therefore, HSBC Holdings's Price to Median PS Value for today is 1.85.
The historical rank and industry rank for HSBC Holdings's Median PS Value or its related term are showing as below:
LSE:HSBA'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.48 Med: 0.93 Max: 1.85
Current: 1.85
During the past 13 years, the highest Price to Median PS Value of HSBC Holdings was 1.85. The lowest was 0.48. And the median was 0.93.
LSE:HSBA's Price-to-Median-PS-Value is ranked worse than 89.16% of 1042
companies
in the Banks industry
Industry Median: 1.11
vs LSE:HSBA: 1.85
HSBC Holdings (LSE:HSBA) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
HSBC Holdings's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
14.454
/
7.81
=
1.85
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
HSBC Holdings Median PS Value Related Terms
HSBC Holdings Median PS Value Historical Data
* Premium members only.
The historical data trend for HSBC Holdings's Median PS Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
LSE:HSBA vs JPM, BAC, WFC: Median PS Value Comparison
For the Banks - Diversified subindustry, HSBC Holdings's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
HSBC Holdings Price-to-Median-PS-Value vs Banks Industry
For the Banks industry and Financial Services sector, HSBC Holdings's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where HSBC Holdings's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 2.5382.
HSBC Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was £3.077.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
HSBC Holdings (LSE:HSBA) has a Median PS Value of £7.81 as of Jun. 26, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on HSBC Holdings and its competitors. This is 740% above median its historical median of 0.93. Over the past decade, HSBC Holdings' Median PS Value has ranged from 0.48 to 1.85. According to the industry distribution chart, HSBC Holdings ranks #929 out of 1042 companies in the Banks industry, placing it in the top 89.2%.
Is HSBC Holdings' Median PS Value too high?
HSBC Holdings' current Median PS Value of £7.81 is 740% above median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 1.85. Based on the distribution chart, HSBC Holdings ranks #929 out of 1042 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, HSBC Holdings has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HSBC Holdings' Median PS Value compare to JPM and BAC?
According to the Banks industry distribution chart, HSBC Holdings ranks #929 out of 1042 companies for Median PS Value. This places HSBC Holdings in the lower half of its industry. The industry median Median PS Value is 1.11. Historically, HSBC Holdings' own Median PS Value has ranged from 0.48 to 1.85 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Median PS Value for a Banks company?
The median Median PS Value among Banks companies is 1.11, based on 1,042 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on HSBC Holdings and its competitors. For the Banks industry, the median Median PS Value is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HSBC Holdings's current Median PS Value is £7.81, which is 740% above median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HSBC Holdings stock overvalued right now?
Based on GuruFocus' analysis, HSBC Holdings (LSE:HSBA) is currently considered Significantly Overvalued. The stock's GF Value™ is £8.30, compared to a current price of £14.45 — trading 74.1% above its estimated fair value. The current Median PS Value is £7.81, which is 740% above median its 10-year median of 0.93. HSBC Holdings' overall GF Score™ is 60/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For HSBC Holdings (LSE:HSBA), the current Median PS Value is £7.81 as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is HSBC Holdings (LSE:HSBA) Overvalued in 2026?
Based on GuruFocus' analysis, HSBC Holdings stock appears to be overvalued.
The current stock price of £14.45 is trading 74.1% above its estimated GF Value™ of £8.30.
GuruFocus considers HSBC Holdings to be Significantly Overvalued.
Key valuation signals for LSE:HSBA:
Median PS Value: £7.81 (740% above median its 10-year median of 0.93)
GF Value™: £8.30 vs. price of £14.45 (74.1% above fair value)
No single metric tells the full story. See the LSE:HSBA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Established in 1865 in Hong Kong, London-based HSBC is one of the largest banks in the world, with assets of USD 3 trillion and over 40 million customers worldwide. It operates in more than 50 countries with over 200,000 full-time staff. Hong Kong and the United Kingdom are its two largest markets. The bank offers retail, commercial and institutional banking, global banking and markets, wealth management, and private banking.
60GF Score
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