As at Jul 26, 2024, the HPE stock has a PE ratio of 14.11. This is based on the current EPS of $1.4 and the stock price of $19.76 per share. An increase of 6% has been seen in the P/E ratio compared to the average of 13.3 of the last 4 quarters.
The mean historical PE ratio of Hewlett Packard Enterprise over the last nine years is 25.95. The current 14.11 PE ratio is 46% 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-year historical average, but it is below the 5-year average.
Compared to its peer stock NVDA, HPE's PE ratio stands lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HPE Hewlett Packard Enterprise Co | 14.11 | $25.68B |
| NVDA Nvidia Corp | 65.35 | $2.78T |
The price to earnings ratio for HPE stock is 14.11 as of Jul 26, 2024.
The average PE ratio for HPE stock over the past 3 years is 13.09.
The average PE ratio for HPE stock over the past 5 years is 15.03.
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 46% 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 (Jul 26, 2024), Hewlett Packard Enterprise's stock price is $19.76. The earnings per share for the trailing twelve months (TTM) ending Apr 2024 is $1.4. Therefore, Hewlett Packard Enterprise's P/E ratio for today is 14.11. PE RATIO(14.11) = STOCK PRICE($19.76) / TTM EPS($1.4)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.