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HPQ Hp PE ratio, current and historical analysis

As of May 24, 2024, the Hp stock's PE ratio is 9.47. This takes into account the latest EPS of $3.46 and stock price of $32.75. The PE ratio marks a decrease of 9% from its last 4 quarters average of 10.4.

HPQ PE ratio history

How has HPQ's PE ratio performed in the past

The PE ratio of Hp has averaged 9.68 over the last ten years. The current P/E ratio of 9.47 is 2.2% lower than the historical average. Looking back at the last ten years, HPQ's PE ratio peaked in the Oct 2017 quarter at 14.37, when the price was $21.55 and the EPS was $1.5. The lowest point was in the Jan 2016 quarter, when it reached 4.65 with a price of $9.71 and an EPS of $2.09.

Average
9.68
Median
9.15
Minimum
4.65
Maximum
14.37

Hp PE ratio by year

Maximum annual increase: 63.1% in 2022

Maximum annual decrease: -49.06% in 2018

Year PE ratio Change
2023 8 -12.57%
2022 9.15 63.1%
2021 5.61 -37.87%
2020 9.03 8.14%
2019 8.35 14.07%
2018 7.32 -49.06%
2017 14.37 42.84%
2016 10.06 -6.33%
2015 10.74 -20.39%
2014 13.49 46.15%

HPQ average PE ratio chart

What is the average PE ratio of HPQ for the past years

HPQ's current PE ratio is higher than the 3 and 5-year averages, but it is lower than its 10-year average.

3-year avg
8.69
5-year avg
9
10-year avg
9.68
15-year avg
10.11

HPQ PE vs peers

What is HPQ's PE ratio compared to its peers

In comparison to its peer stocks MSFT and AAPL, HPQ's PE ratio is lower. Hp's PE ratio is trading below the peer average of 30.09.

Stock name PE ratio Market cap
HPQ Hp Inc 9.47 $32.12B
CSCO Cisco Systems Inc 15.53 $187.02B
IBM International Business Machines Corp 19.05 $156.98B
AAPL Apple Inc 29.41 $2.91T
ORCL Oracle Corp 31.6 $337.82B
INTC Intel Corp 32 $130.78B
MSFT Microsoft Corp 37.11 $3.2T
SMCI Super Micro Computer Inc 45.96 $51.76B
XRX Xerox Holdings Corp N/A $1.72B

Frequently asked questions

What is Hp's PE ratio?

The price to earnings ratio for HPQ stock is 9.47 as of May 24, 2024.

What is the 3-year average PE ratio for Hp (HPQ)?

As an average over the last 3 years, HPQ stock has a PE ratio of 8.69.

What is the 5-year average PE ratio for Hp (HPQ)?

As an average over the last 5 years, HPQ stock has a PE ratio of 9.0.

What is the highest PE ratio for HPQ?

The highest quarterly PE ratio in the last ten years has been 14.37 and it was in the Oct 2017 quarter.

How does the current PE ratio for HPQ compare to its historical average?

HPQ's price to earnings ratio is currently 2.2% below its 10-year historical average.

Why is Hp's PE ratio so low?

HPQ's PE ratio of 9.47 is considered low because the company's stock price is trading at a lower multiple of earnings.

How is HPQ's PE ratio calculated (Hp PE ratio formula)?

The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 24, 2024), Hp's share price is $32.75. The company's earnings per share for the trailing twelve months (TTM) ending Jan 2024 is $3.46. Therefore, Hp's PE ratio for today is 9.47. PE RATIO(9.47) = STOCK PRICE($32.75) / TTM EPS($3.46)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.