P/E ratio for Hewlett Packard Enterprise (HPE)
P/E ratio as of April 2024 (TTM): 20.3
According to Hewlett Packard Enterprise's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.2857. At the end of 2022 the company had a P/E ratio of 24.2.
P/E ratio history for Hewlett Packard Enterprise from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 24.2 | 301.75% |
| 2021 | 6.02 | -112.7% |
| 2020 | -47.4 | -336.1% |
| 2019 | 20.1 | 79.33% |
| 2018 | 11.2 | -83.63% |
| 2017 | 68.4 | 850.79% |
| 2016 | 7.19 | 13.34% |
| 2015 | 6.35 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 NVIDIA NVDA | 203 | 900.94% | 🇺🇸 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.