This is specifically about banks like HSBC, Lloyds, etc.
I’ve been looking at HSBC stats and it has a low PE ratio compared to a lot of other companies I’ve invested in. It has a high dividend yield with a good payout ratio although it hasn’t raised its dividend in a couple years.
I’ve also looked into Barclays which also has a low PE ratio and a good dividend payout and payout ratio although seems unstable since it has to cut its dividend recently. It also has a lot higher debt to revenue ratio compared to HSBC.
I could keep going on with Lloyds, Metro bank and so on. But I’m not sure if I’m looking at the right metrics for banks.