As of Apr 26, 2024, the Hp stock's PE ratio is 8.09. This takes into account the latest EPS of $3.46 and stock price of $28. The PE ratio marks a decrease of 22% from its last 4 quarters average of 10.4.
The PE ratio of Hp has averaged 9.73 over the last ten years. The current P/E ratio of 8.09 is 17% 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.
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's current PE ratio is lower than its 3, 5 and 10-year averages.
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 31.7.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HPQ Hp Inc | 8.09 | $27.46B |
| CSCO Cisco Systems Inc | 14.46 | $193.79B |
| IBM International Business Machines Corp | 20.28 | $153.22B |
| AAPL Apple Inc | 26.21 | $2.61T |
| ORCL Oracle Corp | 30.13 | $322.15B |
| INTC Intel Corp | 33.21 | $135.71B |
| MSFT Microsoft Corp | 35.06 | $3.02T |
| SMCI Super Micro Computer Inc | 62.54 | $47.96B |
| XRX Xerox Holdings Corp | N/A | $1.74B |
The price to earnings ratio for HPQ stock is 8.09 as of Apr 26, 2024.
As an average over the last 3 years, HPQ stock has a PE ratio of 8.98.
As an average over the last 5 years, HPQ stock has a PE ratio of 8.95.
The highest quarterly PE ratio in the last ten years has been 14.37 and it was in the Oct 2017 quarter.
HPQ's price to earnings ratio is currently 17% below its 10-year historical average.
HPQ's PE ratio of 8.09 is considered low because the company's stock price is trading at a lower multiple of earnings.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Apr 26, 2024), Hp's share price is $28. 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 8.09. PE RATIO(8.09) = STOCK PRICE($28) / TTM EPS($3.46)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.