Question 1

What is Hewlett Packard Enterprise's P/E ratio?

Accepted Answer

Hewlett Packard Enterprise (HPE) P/E ratio is 45.4× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Hewlett Packard Enterprise?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Hewlett Packard Enterprise specifically, the relevant sector benchmark is the current sector median of 29.4×.

Question 5

Is Hewlett Packard Enterprise's P/E ratio high or low?

Accepted Answer

Hewlett Packard Enterprise's P/E ratio of 45.4× is above its own 5-year average of 43.2× and above the sector median of 29.4×. That places the current reading at the 94th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Hewlett Packard Enterprise's historical P/E ratio range?

Accepted Answer

In the available daily series, Hewlett Packard Enterprise (HPE) P/E ratio has ranged from a low of 4.3× in 2022 to a high of 12752.0× in 2020. The 5-year average is 43.2× and the 5-year median is 14.1×.

Question 7

What was Hewlett Packard Enterprise's P/E ratio in 2025?

Accepted Answer

Hewlett Packard Enterprise (HPE) P/E ratio at the end of 2025 was 567.2×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Hewlett Packard Enterprise's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$32.3B	$57M	567.2×	+557.3×	Oct 31, 2025
2024	$25.6B	$2.58B	9.9×	+0.1×	Oct 31, 2024
2023	$19.9B	$2.03B	9.8×	-11.5×	Oct 31, 2023
2022	$18.5B	$868M	21.3×	+15.6×	Oct 31, 2022
2021	$19.6B	$3.43B	5.7×	—	Oct 31, 2021
2020	$11.1B	-$322M	—	—	Oct 31, 2020
2019	$21.5B	$1.05B	20.5×	+8.8×	Oct 31, 2019
2018	$22.2B	$1.91B	11.7×	-53.8×	Oct 31, 2018
2017	$22.5B	$344M	65.5×	+58.6×	Oct 31, 2017
2016	$21.8B	$3.16B	6.9×	+0.8×	Oct 31, 2016
2015	$14.9B	$2.46B	6.1×	-4.5×	Oct 31, 2015
2014	$17.3B	$1.65B	10.5×	—	Oct 31, 2014


Dell Technologies (DELL)	16.2×
Western Digital (WDC)	15.7×
Accenture (ACN)	15.4×
Gartner (IT)	14.9×
CDW (CDW)	14.5×
Adobe (ADBE)	14.4×
Leidos Holdings (LDOS)	14.1×
Zoom Communications (ZM)	13.8×
QUALCOMM (QCOM)	13.7×
PTC (PTC)	13.5×
Paycom Software (PAYC)	13.2×
Elastic N.V. (ESTC)	13.2×
Cognizant (CTSH)	13.1×
First Solar (FSLR)	12.7×
GoDaddy (GDDY)	12.7×
Gen Digital (GEN)	11.7×
Duolingo (DUOL)	10.9×
Super Micro Computer (SMCI)	10.9×
Science Applications International (SAIC)	10.3×
Fiserv (FISV)	9.3×
Fidelity National Information Services (FIS)	9.0×
HP (HPQ)	7.5×
Sunrun (RUN)	5.6×
Lyft (LYFT)	1.8×
IBM (IBM)	0.0×

P/E Ratio for Hewlett Packard Enterprise (HPE) 2014-2026

P/E Ratio daily chart for Hewlett Packard Enterprise (HPE)

Historical P/E Ratio for Hewlett Packard Enterprise (HPE) from 2014 to 2025

About P/E Ratio at Hewlett Packard Enterprise (HPE)

Hewlett Packard Enterprise P/E Ratio by Year

Hewlett Packard Enterprise P/E Ratio 2025: 567.2×

Hewlett Packard Enterprise P/E Ratio 2024: 9.9×

Hewlett Packard Enterprise P/E Ratio 2023: 9.8×

Hewlett Packard Enterprise P/E Ratio 2022: 21.3×

Hewlett Packard Enterprise P/E Ratio 2021: 5.7×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Hewlett Packard Enterprise (HPE) Key Financials