Hewlett Packard Enterprise currently trades with a PEG ratio of 0.23, based on Sep 23, 2026 data. Dividing the 30.86 PE ratio by the 134.9% earnings growth rate produces this figure.
Historically, Hewlett Packard Enterprise maintains a PEG ratio averaging 0.42 across the last ten years. At 0.23, today's PEG ratio sits 45% lower than its historical average. The ten years high came in the Apr 2026 quarter at 4.51, reflecting peak valuation relative to growth. The bottom was reached in the Jul 2018 quarter at 0, suggesting favorable value relative to growth during that period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | N/A | N/A | -102.1% |
| 2024 | 0.4 | 9.99 | 25% |
| 2023 | 0.07 | 9.86 | 132.8% |
| 2022 | N/A | 21.3 | -74.4% |
| 2021 | 0 | 5.59 | 1,148% |
| 2020 | N/A | N/A | -132.1% |
| 2019 | N/A | 21.04 | -37.6% |
| 2018 | 0.02 | 12.2 | 495.2% |
| 2017 | N/A | 66.29 | -88.6% |
| 2016 | 0.35 | 12.21 | 35.3% |
| 2015 | N/A | N/A | 49.5% |
| 2014 | N/A | N/A | -20.2% |
| 2013 | N/A | N/A | N/A |
| 2012 | N/A | N/A | N/A |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Jul 2026 | 0.18 | 23.71 | 134.9% |
| Apr 2026 | 4.51 | 26.15 | 5.8% |
| Jan 2026 | N/A | N/A | -108.1% |
| Oct 2025 | N/A | N/A | -102.1% |
| Jul 2025 | N/A | 24.06 | -39.9% |
| Apr 2025 | N/A | 15.6 | -25.7% |
| Jan 2025 | 0.24 | 10.09 | 41.9% |
| Oct 2024 | 0.4 | 9.99 | 25% |
| Jul 2024 | 0.2 | 13.92 | 70.2% |
| Apr 2024 | 0.16 | 12.14 | 77.2% |
| Jan 2024 | 0.08 | 10.33 | 124.2% |
| Oct 2023 | 0.07 | 9.86 | 132.8% |
| Jul 2023 | N/A | 20.69 | -70.4% |
| Apr 2023 | N/A | 18.13 | -72.1% |
| Jan 2023 | N/A | 24.44 | -76.8% |
HPE's PEG ratio today comes in under the 3, 5 and 10-year averages.
Hewlett Packard Enterprise's PEG of 0.23 is lower than the Technology sector and the industry average. In comparison with the Technology sector average of 0.6, Hewlett Packard Enterprise's PEG is 62% lower.
According to Sep 23, 2026 figures, HPE's PEG ratio stands at 0.23.
HPE's 3-year PEG ratio average comes in at 0.73.
HPE's 5-year PEG ratio average comes in at 0.49.
HPE's PEG ratio topped out at 4.51 during the Apr 2026 quarter - the highest in ten years.
Compared to the 10-year average, HPE's PEG ratio sits 45% lower.
At 0.23, HPE's PEG ratio suggests the stock may be undervalued given its growth rate.
The PEG ratio derives from taking PE and dividing by the rate at which earnings are growing (YoY TTM). As of Sep 23, 2026, Hewlett Packard Enterprise carries a PE ratio of 30.86. Earnings grew at 134.9% over the TTM period ending Jul 2026. Applying the formula, this yields a PEG ratio of 0.23. PEG RATIO(0.23) = PE RATIO(30.86) / EPS GROWTH(134.9%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.