HPQ Hp PE ratio, current and historical analysis
As of Feb 21, 2025, the Hp stock's PE ratio is 12.24. This takes into account the latest EPS of $2.83 and stock price of $34.63. The PE ratio marks an increase of 14% from its last 4 quarters average of 10.7.
HPQ PE ratio history
The PE ratio of Hp has averaged 9.54 over the last ten years. The current P/E ratio of 12.24 is 28% higher 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.
Hp PE ratio by year
Maximum annual increase: 63.1% in 2022
Maximum annual decrease: -49.06% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 12.55 | 56.88% | $35.52 | $2.83 |
| 2023 | 8 | -12.57% | $26.33 | $3.29 |
| 2022 | 9.15 | 63.1% | $27.62 | $3.02 |
| 2021 | 5.61 | -37.87% | $30.33 | $5.41 |
| 2020 | 9.03 | 8.14% | $17.96 | $1.99 |
| 2019 | 8.35 | 14.07% | $17.37 | $2.08 |
| 2018 | 7.32 | -49.06% | $24.14 | $3.3 |
| 2017 | 14.37 | 42.84% | $21.55 | $1.5 |
| 2016 | 10.06 | -6.33% | $14.49 | $1.44 |
| 2015 | 10.74 | -20.39% | $26.96 | $2.51 |
| 2014 | 13.49 | 46.15% | $35.88 | $2.66 |
| 2013 | 9.23 | N/A | $24.37 | $2.64 |
| 2012 | N/A | N/A | $13.85 | -$6.41 |
| 2011 | 7.87 | -29.23% | $26.61 | $3.38 |
| 2010 | 11.12 | -24.81% | $42.04 | $3.78 |
Hp PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Oct 2024 | 12.55 | 0.16% | $35.52 | $2.83 |
| Jul 2024 | 12.53 | 33.87% | $36.09 | $2.88 |
| Apr 2024 | 9.36 | 12.1% | $28.09 | $3 |
| Jan 2024 | 8.35 | 4.38% | $28.71 | $3.44 |
| Oct 2023 | 8 | -43.46% | $26.33 | $3.29 |
| Jul 2023 | 14.15 | 26.23% | $32.83 | $2.32 |
| Apr 2023 | 11.21 | -2.27% | $29.71 | $2.65 |
| Jan 2023 | 11.47 | 25.36% | $29.14 | $2.54 |
| Oct 2022 | 9.15 | 56.14% | $27.62 | $3.02 |
| Jul 2022 | 5.86 | -11.35% | $33.39 | $5.7 |
| Apr 2022 | 6.61 | 0.61% | $36.63 | $5.54 |
| Jan 2022 | 6.57 | 17.11% | $36.73 | $5.59 |
| Oct 2021 | 5.61 | -37.04% | $30.33 | $5.41 |
| Jul 2021 | 8.91 | -26.36% | $28.87 | $3.24 |
| Apr 2021 | 12.1 | 16.8% | $34.11 | $2.82 |
HPQ average PE ratio chart
HPQ's current PE ratio is higher than the 3, 5 and 10-year averages.
HPQ PE vs peers
In comparison to its peer stocks AAPL and MSFT, HPQ's PE ratio is lower. Hp's PE ratio is trading below the peer average of 34.31.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HPQ Hp Inc | 12.24 | $32.48B |
| CSCO Cisco Systems Inc | 27.82 | $254.53B |
| SMCI Super Micro Computer Inc | 29.2 | $32.83B |
| MSFT Microsoft Corp | 32.74 | $3.03T |
| IBM International Business Machines Corp | 37.41 | $241.78B |
| AAPL Apple Inc | 38.85 | $3.69T |
| ORCL Oracle Corp | 39.86 | $469.36B |
| INTC Intel Corp | N/A | $107.69B |
| XRX Xerox Holdings Corp | N/A | $981.31M |
Frequently asked questions
What is Hp's PE ratio?
The price to earnings ratio for HPQ stock is 12.24 as of Feb 21, 2025.
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 9.93.
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 9.43.
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 28% above its 10-year historical average.
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 (Feb 21, 2025), Hp's share price is $34.63. The company's earnings per share for the trailing twelve months (TTM) ending Oct 2024 is $2.83. Therefore, Hp's PE ratio for today is 12.24. PE RATIO(12.24) = STOCK PRICE($34.63) / TTM EPS($2.83)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.