P/E ratio for HP (HPQ)

P/E ratio history for HP from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
IBM IBM	30.6	90.14%	🇺🇸 USA
Apple AAPL	35.2	119.16%	🇺🇸 USA
Microsoft MSFT	36.0	123.69%	🇺🇸 USA
Cisco CSCO	18.3	13.56%	🇺🇸 USA
Intel INTC	-56.1	-449.02%	🇺🇸 USA
Supermicro SMCI	4.12	-74.37%	🇺🇸 USA
Xerox XRX	10.3	-35.63%	🇺🇸 USA
Canon 7751.T	17.6	9.30%	🇯🇵 Japan
Oracle ORCL	50.6	214.98%	🇺🇸 USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.