P/E ratio for HP (HPQ)
P/E ratio as of April 2025 (TTM): 9.78
According to HP's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.78187. At the end of 2022 the company had a P/E ratio of 8.84.
P/E ratio history for HP from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.84 | 29.61% |
| 2021 | 6.82 | -43.94% |
| 2020 | 12.2 | 23.21% |
| 2019 | 9.88 | 58.87% |
| 2018 | 6.22 | -55.6% |
| 2017 | 14.0 | 36.86% |
| 2016 | 10.2 | 116.96% |
| 2015 | 4.72 | -31.15% |
| 2014 | 6.85 | 42.88% |
| 2013 | 4.79 | -576.43% |
| 2012 | -1.01 | -128.99% |
| 2011 | 3.47 | -30.82% |
| 2010 | 5.02 | -31.35% |
| 2009 | 7.31 | 48.15% |
| 2008 | 4.93 | -40.81% |
| 2007 | 8.34 | -0.62% |
| 2006 | 8.39 | -47.1% |
| 2005 | 15.9 | 93.14% |
| 2004 | 8.21 | -33.89% |
| 2003 | 12.4 | -114.18% |
| 2002 | -87.6 | -297.21% |
| 2001 | 44.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 30.1 | 207.96% | 🇺🇸 USA |
 | 30.2 | 208.50% | 🇺🇸 USA |
 | 32.9 | 236.37% | 🇺🇸 USA |
 | 18.3 | 87.22% | 🇺🇸 USA |
 | -49.7 | -608.08% | 🇺🇸 USA |
 | 2.92 | -70.19% | 🇺🇸 USA |
 | 3.62 | -63.03% | 🇺🇸 USA |
 | 15.2 | 55.88% | 🇯🇵 Japan |
 | 38.4 | 292.86% | 🇺🇸 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.