HPE
Hewlett Packard Enterprise
PE ratio, current and historical analysis
- Stocks
- Technology
- NYSE: HPE
- PE Ratio
As at Jun 22, 2026, the HPE stock has a PE ratio of 44.0. This is based on the current EPS of $1.1 and the stock price of $48.4 per share.
HPE PE ratio history
The mean historical PE ratio of Hewlett Packard Enterprise over the last ten years is 25.08. The current 44.0 PE ratio is 75% above the historical average. Over the past ten 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.
Hewlett Packard Enterprise PE ratio by year
Maximum annual increase: 442.92% in 2017
Maximum annual decrease: -81.6% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | N/A | N/A | $24.42 | -$0.04 |
| 2024 | 9.99 | 1.32% | $19.49 | $1.95 |
| 2023 | 9.86 | -53.71% | $15.38 | $1.56 |
| 2022 | 21.3 | 281.04% | $14.27 | $0.67 |
| 2021 | 5.59 | N/A | $14.65 | $2.62 |
| 2020 | N/A | N/A | $8.64 | -$0.25 |
| 2019 | 21.04 | 72.46% | $16.41 | $0.78 |
| 2018 | 12.2 | -81.6% | $15.25 | $1.25 |
| 2017 | 66.29 | 442.92% | $13.92 | $0.21 |
| 2016 | 12.21 | N/A | $22.47 | $1.84 |
| 2015 | N/A | N/A | N/A | $1.36 |
| 2014 | N/A | N/A | N/A | $0.91 |
| 2013 | N/A | N/A | N/A | $1.14 |
| 2012 | N/A | N/A | N/A | N/A |
Hewlett Packard Enterprise PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Apr 2026 | 26.15 | N/A | $28.77 | $1.1 |
| Jan 2026 | N/A | N/A | $21.52 | -$0.17 |
| Oct 2025 | N/A | N/A | $24.42 | -$0.04 |
| Jul 2025 | 24.06 | 54.23% | $20.69 | $0.86 |
| Apr 2025 | 15.6 | 54.61% | $16.22 | $1.04 |
| Jan 2025 | 10.09 | 1% | $21.19 | $2.1 |
| Oct 2024 | 9.99 | -28.23% | $19.49 | $1.95 |
| Jul 2024 | 13.92 | 14.66% | $19.91 | $1.43 |
| Apr 2024 | 12.14 | 17.52% | $17 | $1.4 |
| Jan 2024 | 10.33 | 4.77% | $15.29 | $1.48 |
| Oct 2023 | 9.86 | -52.34% | $15.38 | $1.56 |
| Jul 2023 | 20.69 | 14.12% | $17.38 | $0.84 |
| Apr 2023 | 18.13 | -25.82% | $14.32 | $0.79 |
| Jan 2023 | 24.44 | 14.74% | $16.13 | $0.66 |
| Oct 2022 | 21.3 | 325.15% | $14.27 | $0.67 |
HPE Price vs fair value
HPE average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, HPE's PE ratio is greater than its 3, 5 and 10-year historical averages.
PE comparison
Hewlett Packard Enterprise's P/E of 44 is above the Technology sector average but below the industry average. Compared to its Technology sector average of 36.79, Hewlett Packard Enterprise's P/E is 20% higher.
HPE PE vs peers
Compared to its peer stock NVDA, HPE's PE ratio stands higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NVDA Nvidia Corp | 30.49 | $4.84T |
| HPE Hewlett Packard Enterprise Co | 44.47 | $64.78B |
Frequently asked questions
What is Hewlett Packard Enterprise's PE ratio?
The price to earnings ratio for HPE stock is 44 as of Jun 22, 2026.
What is the 3-year average PE ratio for Hewlett Packard Enterprise (HPE)?
The average PE ratio for HPE stock over the past 3 years is 15.28.
What is the 5-year average PE ratio for Hewlett Packard Enterprise (HPE)?
The average PE ratio for HPE stock over the past 5 years is 14.27.
What is the highest PE ratio for HPE?
Over the last ten years, the quarterly PE ratio reached a historic high of 250.14 in the Jul 2017 quarter.
How does the current PE ratio for HPE compare to its historical average?
HPE's current price to earnings ratio is 75% above its 10-year historical average.
How is HPE's PE ratio calculated (Hewlett Packard Enterprise PE ratio formula)?
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Jun 22, 2026), Hewlett Packard Enterprise's stock price is $48.4. The earnings per share for the trailing twelve months (TTM) ending Apr 2026 is $1.1. Therefore, Hewlett Packard Enterprise's P/E ratio for today is 44. PE RATIO(44) = STOCK PRICE($48.4) / TTM EPS($1.1)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.