P/E ratio for HP (HPQ)

P/E ratio history for HP from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
IBM IBM	28.2	79.51%	🇺🇸 USA
Apple AAPL	34.7	121.50%	🇺🇸 USA
Microsoft MSFT	35.8	128.50%	🇺🇸 USA
Cisco CSCO	18.6	18.61%	🇺🇸 USA
Intel INTC	-60.0	-482.60%	🇺🇸 USA
Supermicro SMCI	2.23	-85.76%	🇺🇸 USA
Xerox XRX	7.84	-50.02%	🇺🇸 USA
Canon 7751.T	16.8	6.89%	🇯🇵 Japan
Oracle ORCL	55.0	250.39%	🇺🇸 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.