As at Nov 21, 2024, the HPE stock has a PE ratio of 15.2. This is based on the current EPS of $1.43 and the stock price of $21.74 per share. An increase of 31% has been seen in the P/E ratio compared to the average of 11.6 of the last 4 quarters.
The mean historical PE ratio of Hewlett Packard Enterprise over the last nine years is 25.55. The current 15.2 PE ratio is 41% below the historical average. Over the past nine years, HPE's PE ratio was at its highest in the Jul 2017 quarter at 250.14, with a price of $17.51 and an EPS of $0.07. The Jul 2022 quarter recorded the bottom point at 5.01, with a price of $14.24 and an EPS of $2.84.
Maximum annual increase: 442.92% in 2017
Maximum annual decrease: -81.6% in 2018
Year | PE ratio | Change |
---|---|---|
2023 | 9.86 | -53.71% |
2022 | 21.3 | 281.04% |
2021 | 5.59 | N/A |
2020 | N/A | N/A |
2019 | 21.04 | 72.46% |
2018 | 12.2 | -81.6% |
2017 | 66.29 | 442.92% |
2016 | 12.21 | N/A |
2015 | N/A | N/A |
2014 | N/A | N/A |
Currently, HPE's PE ratio is greater than its 3 and 5-year historical averages.
Compared to its peer stock NVDA, HPE's PE ratio stands lower.
Stock name | PE ratio | Market cap |
---|---|---|
HPE Hewlett Packard Enterprise Co | 15.2 | $28.23B |
NVDA Nvidia Corp | 57.07 | $3.59T |
The price to earnings ratio for HPE stock is 15.2 as of Nov 21, 2024.
The average PE ratio for HPE stock over the past 3 years is 13.37.
The average PE ratio for HPE stock over the past 5 years is 14.55.
Over the last nine years, the quarterly PE ratio reached a historic high of 250.14 in the Jul 2017 quarter.
HPE's current price to earnings ratio is 41% below its 9-year historical average.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Nov 21, 2024), Hewlett Packard Enterprise's stock price is $21.74. The earnings per share for the trailing twelve months (TTM) ending Jul 2024 is $1.43. Therefore, Hewlett Packard Enterprise's P/E ratio for today is 15.2. PE RATIO(15.2) = STOCK PRICE($21.74) / TTM EPS($1.43)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.