Hewlett Packard Enterprise (HPE)

P/B ratio as of November 2024 : 1.29

According to Hewlett Packard Enterprise's latest financial reports the company has a price-to-book ratio of 0.986309.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Hewlett Packard Enterprise - P/B ratio (from 2015 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.04	1.15%
2022-12-31	1.03	0.84%
2021-12-31	1.02	7.01%
2020-12-31	0.9523	-20.36%
2019-12-31	1.20	37.68%
2018-12-31	0.8685	-10.81%
2017-12-31	0.9738	-20.33%
2016-12-31	1.22	56.52%
2015-12-31	0.7809
2014-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
NVIDIA NVDA	62.3	4,715.28%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Hewlett Packard Enterprise (HPE) - P/B ratio