Standard Chartered PLC

SHSC:2888 Stock Report

Market Cap: HK$513.9b

Standard Chartered Valuation

Is 2888 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 2888 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: 2888 (HK$232.2) is trading below our estimate of future cash flow value (HK$352.72)

Significantly Below Future Cash Flow Value: 2888 is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2888?

Key metric: As 2888 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 2888. This is calculated by dividing 2888's market cap by their current earnings.
What is 2888's PE Ratio?
PE Ratio13.5x
EarningsUS$4.86b
Market CapUS$65.50b

Price to Earnings Ratio vs Peers

How does 2888's PE Ratio compare to its peers?

The above table shows the PE ratio for 2888 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average8x
2388 BOC Hong Kong (Holdings)
13.3x5.44%HK$532.9b
1658 Postal Savings Bank of China
6.2x4.79%HK$675.3b
3328 Bank of Communications
6.2x5.08%HK$685.4b
3988 Bank of China
6.3x5.57%HK$2.0t
2888 Standard Chartered
13.4x10.99%HK$48.4b

Price-To-Earnings vs Peers: 2888 is expensive based on its Price-To-Earnings Ratio (13.5x) compared to the peer average (8x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does 2888's PE Ratio compare vs other companies in the HK Banks Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
2888 13.5xIndustry Avg. 5.9xNo. of Companies10PE0612182430+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 2888 is expensive based on its Price-To-Earnings Ratio (13.5x) compared to the Hong Kong Banks industry average (5.9x).

Price to Earnings Ratio vs Fair Ratio

What is 2888's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

2888 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.5x
Fair PE Ratio7.8x

Price-To-Earnings vs Fair Ratio: 2888 is expensive based on its Price-To-Earnings Ratio (13.5x) compared to the estimated Fair Price-To-Earnings Ratio (7.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 2888 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentHK$232.20
HK$239.72
+3.24%
9.31%HK$277.51HK$179.97n/a14
Aug ’27HK$237.60
HK$239.78
+0.92%
9.31%HK$277.53HK$179.98n/a14
Jul ’27HK$211.60
HK$226.15
+6.88%
7.60%HK$252.96HK$181.24n/a14
Jun ’27HK$210.60
HK$221.44
+5.15%
7.67%HK$252.73HK$181.07n/a14
May ’27HK$190.80
HK$210.55
+10.35%
10.14%HK$240.46HK$161.20n/a14
Apr ’27HK$167.10
HK$199.19
+19.21%
10.95%HK$230.20HK$157.87n/a14
Mar ’27HK$198.50
HK$195.84
-1.34%
13.35%HK$233.00HK$147.30n/a15
Feb ’27HK$198.30
HK$186.88
-5.76%
13.83%HK$226.11HK$146.95n/a15
Jan ’27HK$188.80
HK$173.34
-8.19%
9.13%HK$205.16HK$146.49n/a15
Dec ’26HK$173.00
HK$165.35
-4.42%
8.09%HK$188.38HK$144.75n/a15
Nov ’26HK$157.80
HK$157.49
-0.20%
9.77%HK$176.34HK$126.40n/a15
Oct ’26HK$149.70
HK$147.58
-1.42%
13.04%HK$176.62HK$114.22n/a15
Sep ’26HK$145.00
HK$142.39
-1.80%
10.56%HK$173.98HK$114.74n/a15
Aug ’26HK$141.30
HK$140.00
-0.92%
10.74%HK$170.24HK$112.32HK$237.6015
Jul ’26HK$130.90
HK$127.59
-2.53%
9.56%HK$149.57HK$110.83HK$211.6014
Jun ’26HK$122.80
HK$124.29
+1.21%
11.71%HK$145.96HK$95.64HK$210.6014
May ’26HK$112.80
HK$124.78
+10.62%
12.82%HK$149.94HK$94.58HK$190.8015
Apr ’26HK$115.10
HK$125.99
+9.46%
11.73%HK$150.34HK$94.83HK$167.1015
Mar ’26HK$122.40
HK$118.66
-3.06%
14.04%HK$150.36HK$82.79HK$198.5015
Feb ’26HK$102.90
HK$105.51
+2.53%
11.25%HK$125.41HK$82.90HK$198.3014
Jan ’26HK$95.55
HK$102.62
+7.40%
11.58%HK$128.43HK$85.08HK$188.8014
Dec ’25HK$96.55
HK$101.41
+5.04%
11.14%HK$128.56HK$85.16HK$173.0014
Nov ’25HK$90.50
HK$97.88
+8.16%
12.70%HK$128.39HK$79.17HK$157.8014
Oct ’25HK$83.55
HK$93.88
+12.36%
14.50%HK$130.61HK$77.60HK$149.7016
Sep ’25HK$79.60
HK$93.68
+17.69%
14.58%HK$131.03HK$77.85HK$145.0016
Aug ’25HK$76.05
HK$93.09
+22.41%
16.52%HK$135.02HK$73.20HK$141.3016
HK$238.16
Fair Value
2.5% undervalued intrinsic discount
14
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/09 09:55
End of Day Share Price 2026/08/07 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Standard Chartered PLC is covered by 50 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jesús Gómez DominguezBanco Santander
Rohith Chandra-RajanBarclays
Amandeep RakkarBarclays