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HPQ Hp PE ratio, current and historical analysis

As of Nov 29, 2023, the Hp stock's PE ratio is 12.32. This takes into account the latest EPS of $2.36 and stock price of $29.07. The PE ratio marks an increase of 8% from its last 4 quarters average of 11.4.

HPQ PE ratio history

How has HPQ's PE ratio performed in the past

The PE ratio of Hp has averaged 9.82 over the last ten years. The current P/E ratio of 12.32 is 25% 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 Change
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%
2013 9.23 N/A

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, 5 and 10-year averages.

3-year avg
5-year avg
10-year avg
15-year avg

HPQ PE vs peers

What is HPQ's PE ratio compared to its 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 24.83.

Stock name PE ratio Market cap
HPQ Hp Inc 12.32 $28.73B
XRX Xerox Holdings Corp 13.12 $1.73B
CSCO Cisco Systems Inc 14.39 $195.25B
IBM International Business Machines Corp 20.5 $142.82B
SMCI Super Micro Computer Inc 24.9 $15.33B
AAPL Apple Inc 30.74 $2.95T
ORCL Oracle Corp 33.59 $318.39B
MSFT Microsoft Corp 36.57 $2.82T
INTC Intel Corp N/A $189.47B

Frequently asked questions

What is Hp's PE ratio?

The price to earnings ratio for HPQ stock is 12.32 as of Nov 29, 2023.

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 9.23.

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 8.98.

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 25% 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 (Nov 29, 2023), Hp's share price is $29.07. The company's earnings per share for the trailing twelve months (TTM) ending Jul 2023 is $2.36. Therefore, Hp's PE ratio for today is 12.32. PE RATIO(12.32) = STOCK PRICE($29.07) / TTM EPS($2.36)

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