HP
HPQ
#632
Rank
$27.14 B
Marketcap
$27.54
Share price
-1.24%
Change (1 day)
-28.92%
Change (1 year)

P/E ratio for HP (HPQ)

P/E ratio as of March 2023 (TTM): 11.0

According to HP's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.0324. At the end of 2021 the company had a P/E ratio of 6.82.

P/E ratio history for HP from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
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

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
30.6 177.73%๐Ÿ‡บ๐Ÿ‡ธ USA
26.7 142.35%๐Ÿ‡บ๐Ÿ‡ธ USA
14.8 34.26%๐Ÿ‡บ๐Ÿ‡ธ USA
18.4 67.19%๐Ÿ‡บ๐Ÿ‡ธ USA
28.8 161.04%๐Ÿ‡บ๐Ÿ‡ธ USA
71.4 547.57%๐Ÿ‡บ๐Ÿ‡ธ USA
-6.98-163.28%๐Ÿ‡บ๐Ÿ‡ธ USA
10.1-8.70%๐Ÿ‡บ๐Ÿ‡ธ USA
12.1 10.06%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.