HPQ Hp PE ratio, current and historical analysis
As of Oct 10, 2024, the Hp stock's PE ratio is 12.76. This takes into account the latest EPS of $2.88 and stock price of $36.75. The PE ratio marks an increase of 33% from its last 4 quarters average of 9.6.
HPQ PE ratio history
The PE ratio of Hp has averaged 9.66 over the last ten years. The current P/E ratio of 12.76 is 32% 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 |
|---|---|---|
| 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
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 40.74.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HPQ Hp Inc | 12.89 | $35.77B |
| CSCO Cisco Systems Inc | 21.24 | $216.14B |
| SMCI Super Micro Computer Inc | 24.76 | $27.83B |
| IBM International Business Machines Corp | 25.1 | $213.19B |
| AAPL Apple Inc | 34.59 | $3.47T |
| MSFT Microsoft Corp | 35.01 | $3.09T |
| ORCL Oracle Corp | 44.12 | $487.83B |
| INTC Intel Corp | 102.83 | $101.13B |
| XRX Xerox Holdings Corp | N/A | $1.26B |
Frequently asked questions
What is Hp's PE ratio?
The price to earnings ratio for HPQ stock is 12.76 as of Oct 10, 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 9.07.
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 9.27.
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 32% 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 (Oct 10, 2024), Hp's share price is $36.75. The company's earnings per share for the trailing twelve months (TTM) ending Jul 2024 is $2.88. Therefore, Hp's PE ratio for today is 12.76. PE RATIO(12.76) = STOCK PRICE($36.75) / TTM EPS($2.88)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.