BOC HONG KONG2388.HKValuation Analysis
Based on the blended 10-year P/E and P/B percentiles, the stock currently sits in the “Richly Valued” zone.
As of Oct 16, 2026, BOC HONG KONG (2388.HK) trades at a P/E of 12.70x, P/B of 1.48x, P/S of 6.99x, and a dividend yield of 4.72%.
Longitudinal percentile comparison: P/E sits at the 83rd percentile over the trailing 10Y window (vs. 93rd percentile over 3Y); P/B sits at the 82nd percentile over the trailing 10Y window (vs. 93rd percentile over 3Y); P/S sits at the 96th percentile over the trailing 10Y window (vs. 95th percentile over 3Y).
Cross-sectional valuation: its P/E ranks at the 100th percentile within its industry and the 56th percentile across the broader market.
Shareholder return highlight: Total Shareholder Yield is 4.72%, ranking at the 47th percentile over the trailing 20Y window.
The P/E and P/B long-window percentiles differ by only 0.2 points, pointing to a consistent valuation read across both metrics. Relative to the broader market, its P/E shows a deeper discount than it does against industry peers. Shareholder returns here are driven almost entirely by cash dividends, with minimal contribution from buybacks. BOC HONG KONG operates in the State owned Large Banks II sector. Data refreshes weekly and is for reference only, not investment advice.
Also listed as: HKG: 2388 · SEHK: 2388 · 2388
Want the full picture on whether BOC HONG KONG (2388.HK) is under- or over-valued? See the full 3Y / 5Y / 10Y / 20Y P/E, P/B, P/S, Dividend Yield & Total Shareholder Yield percentile matrix and the interactive ECharts trend chart on this page.
Historical Percentiles by Metric
| Metric | Current | Market Percentile | Industry Percentile | 3Y Pctl | 5Y Pctl | 10Y Pctl | 20Y Pctl |
|---|---|---|---|---|---|---|---|
| P/E (TTM) | 12.70 | ||||||
| P/B (MRQ) | 1.48 | ||||||
| P/S (TTM) | 6.99 | ||||||
| Dividend Yield | 4.72% | ||||||
| Buyback + Div Yield | 4.72% |