HP
HPQ
#695
Rank
$27.10 B
Marketcap
$27.70
Share price
-0.40%
Change (1 day)
-6.01%
Change (1 year)

P/E ratio for HP (HPQ)

P/E ratio as of April 2024 (TTM): 11.8

According to HP's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.8477. 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
20228.8429.61%
20216.82-43.94%
202012.223.21%
20199.8858.87%
20186.22-55.6%
201714.036.86%
201610.2116.96%
20154.72-31.15%
20146.8542.88%
20134.79-576.43%
2012-1.01-128.99%
20113.47-30.82%
20105.02-31.35%
20097.3148.15%
20084.93-40.81%
20078.34-0.62%
20068.39-47.1%
200515.993.14%
20048.21-33.89%
200312.4-114.18%
2002-87.6-297.21%
200144.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
36.1 204.89%๐Ÿ‡บ๐Ÿ‡ธ USA
25.7 116.68%๐Ÿ‡บ๐Ÿ‡ธ USA
-86.0-826.09%๐Ÿ‡บ๐Ÿ‡ธ USA
15.6 31.50%๐Ÿ‡บ๐Ÿ‡ธ USA
33.0 178.58%๐Ÿ‡บ๐Ÿ‡ธ USA
23.9 101.49%๐Ÿ‡บ๐Ÿ‡ธ USA
15.3 29.53%๐Ÿ‡บ๐Ÿ‡ธ USA
62.1 423.98%๐Ÿ‡บ๐Ÿ‡ธ USA
14.9 25.73%๐Ÿ‡ฏ๐Ÿ‡ต Japan

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.