Stock Analysis on Net

HP Inc. (NYSE:HPQ)

This company has been moved to the archive! The financial data has not been updated since August 29, 2019.

Common Stock Valuation Ratios (Price Multiples)
Quarterly Data

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Historical Valuation Ratios (Summary)

HP Inc., historical price multiples (quarterly data)

Microsoft Excel
Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018 Jan 31, 2018 Oct 31, 2017 Jul 31, 2017 Apr 30, 2017 Jan 31, 2017 Oct 31, 2016 Jul 31, 2016 Apr 30, 2016 Jan 31, 2016 Oct 31, 2015 Jul 31, 2015 Apr 30, 2015 Jan 31, 2015 Oct 31, 2014 Jul 31, 2014 Apr 30, 2014 Jan 31, 2014 Oct 31, 2013 Jul 31, 2013 Apr 30, 2013 Jan 31, 2013
Price to earnings (P/E) 6.36 7.36 7.11 6.50 8.54 8.67 9.95 13.51 13.52 13.05 11.66 10.60 7.46 6.77 5.11 4.82 10.88 12.59 11.96 14.57 13.47 11.48 10.68 10.48
Price to operating profit (P/OP) 6.74 7.24 7.42 8.52 9.92 9.97 10.54 9.70 9.68 9.24 8.44 7.45 6.54 5.91 4.31 4.02 7.67 8.79 8.34 10.16 9.54 8.31 7.68 7.51
Price to sales (P/S) 0.46 0.49 0.51 0.59 0.68 0.68 0.71 0.66 0.63 0.64 0.60 0.55 0.40 0.31 0.22 0.21 0.47 0.55 0.54 0.66 0.61 0.56 0.51 0.48
Price to book value (P/BV) 0.79 1.84 2.21 2.24 2.73 2.41 2.24 2.04 1.96 1.75 1.99 1.79

Based on: 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-K (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-Q (reporting date: 2018-01-31), 10-K (reporting date: 2017-10-31), 10-Q (reporting date: 2017-07-31), 10-Q (reporting date: 2017-04-30), 10-Q (reporting date: 2017-01-31), 10-K (reporting date: 2016-10-31), 10-Q (reporting date: 2016-07-31), 10-Q (reporting date: 2016-04-30), 10-Q (reporting date: 2016-01-31), 10-K (reporting date: 2015-10-31), 10-Q (reporting date: 2015-07-31), 10-Q (reporting date: 2015-04-30), 10-Q (reporting date: 2015-01-31), 10-K (reporting date: 2014-10-31), 10-Q (reporting date: 2014-07-31), 10-Q (reporting date: 2014-04-30), 10-Q (reporting date: 2014-01-31), 10-K (reporting date: 2013-10-31), 10-Q (reporting date: 2013-07-31), 10-Q (reporting date: 2013-04-30), 10-Q (reporting date: 2013-01-31).

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. HP Inc. P/E ratio increased from Q1 2019 to Q2 2019 but then decreased significantly from Q2 2019 to Q3 2019.
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. HP Inc. P/OP ratio decreased from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019.
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. HP Inc. P/S ratio decreased from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019.

Price to Earnings (P/E)

HP Inc., historical P/E calculation (quarterly data)

Microsoft Excel
Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018 Jan 31, 2018 Oct 31, 2017 Jul 31, 2017 Apr 30, 2017 Jan 31, 2017 Oct 31, 2016 Jul 31, 2016 Apr 30, 2016 Jan 31, 2016 Oct 31, 2015 Jul 31, 2015 Apr 30, 2015 Jan 31, 2015 Oct 31, 2014 Jul 31, 2014 Apr 30, 2014 Jan 31, 2014 Oct 31, 2013 Jul 31, 2013 Apr 30, 2013 Jan 31, 2013
No. shares of common stock outstanding1 1,481,913,639 1,506,291,734 1,539,371,597 1,553,494,507 1,582,408,508 1,610,512,633 1,641,373,766 1,645,228,387 1,670,254,371 1,683,334,989 1,693,380,110 1,705,451,042 1,710,875,682 1,710,606,551 1,736,936,115 1,791,848,366 1,798,224,792 1,806,415,026 1,817,558,730 1,834,081,993 1,866,275,323 1,871,351,513 1,895,120,816 1,908,777,048 1,921,823,787 1,928,551,688 1,944,019,483
Selected Financial Data (US$)
Net earnings (in millions) 1,179 782 803 1,451 880 1,058 1,938 660 696 559 611 492 783 629 592 1,323 854 1,011 1,366 1,330 985 1,273 1,425 1,414 1,390 1,077 1,232
Earnings per share (EPS)2 2.84 2.60 2.72 3.43 2.87 2.70 2.35 1.54 1.41 1.45 1.49 1.46 1.94 1.99 2.18 2.54 2.54 2.60 2.73 2.73 2.73 2.94 2.80 2.68 0.00 0.00 0.00
Share price1, 3 18.09 19.14 19.36 22.29 24.49 23.42 23.35 20.74 19.08 18.95 17.32 15.51 14.50 13.44 11.11 12.26 27.59 32.69 32.61 39.82 36.79 33.74 29.91 28.07 22.36 24.25 21.03
Valuation Ratio
P/E ratio4 6.36 7.36 7.11 6.50 8.54 8.67 9.95 13.51 13.52 13.05 11.66 10.60 7.46 6.77 5.11 4.82 10.88 12.59 11.96 14.57 13.47 11.48 10.68 10.48
Benchmarks
P/E Ratio, Competitors5
Apple Inc. 17.29 16.94 13.11 16.07
Arista Networks Inc.
Cisco Systems Inc. 18.30 16.99 158.12 1,964.84
Super Micro Computer Inc.

Based on: 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-K (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-Q (reporting date: 2018-01-31), 10-K (reporting date: 2017-10-31), 10-Q (reporting date: 2017-07-31), 10-Q (reporting date: 2017-04-30), 10-Q (reporting date: 2017-01-31), 10-K (reporting date: 2016-10-31), 10-Q (reporting date: 2016-07-31), 10-Q (reporting date: 2016-04-30), 10-Q (reporting date: 2016-01-31), 10-K (reporting date: 2015-10-31), 10-Q (reporting date: 2015-07-31), 10-Q (reporting date: 2015-04-30), 10-Q (reporting date: 2015-01-31), 10-K (reporting date: 2014-10-31), 10-Q (reporting date: 2014-07-31), 10-Q (reporting date: 2014-04-30), 10-Q (reporting date: 2014-01-31), 10-K (reporting date: 2013-10-31), 10-Q (reporting date: 2013-07-31), 10-Q (reporting date: 2013-04-30), 10-Q (reporting date: 2013-01-31).

1 Data adjusted for splits and stock dividends.

2 Q3 2019 Calculation
EPS = (Net earningsQ3 2019 + Net earningsQ2 2019 + Net earningsQ1 2019 + Net earningsQ4 2018) ÷ No. shares of common stock outstanding
= (1,179,000,000 + 782,000,000 + 803,000,000 + 1,451,000,000) ÷ 1,481,913,639 = 2.84

3 Closing price as at the filing date of HP Inc. Quarterly or Annual Report.

4 Q3 2019 Calculation
P/E ratio = Share price ÷ EPS
= 18.09 ÷ 2.84 = 6.36

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. HP Inc. P/E ratio increased from Q1 2019 to Q2 2019 but then decreased significantly from Q2 2019 to Q3 2019.

Price to Operating Profit (P/OP)

HP Inc., historical P/OP calculation (quarterly data)

Microsoft Excel
Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018 Jan 31, 2018 Oct 31, 2017 Jul 31, 2017 Apr 30, 2017 Jan 31, 2017 Oct 31, 2016 Jul 31, 2016 Apr 30, 2016 Jan 31, 2016 Oct 31, 2015 Jul 31, 2015 Apr 30, 2015 Jan 31, 2015 Oct 31, 2014 Jul 31, 2014 Apr 30, 2014 Jan 31, 2014 Oct 31, 2013 Jul 31, 2013 Apr 30, 2013 Jan 31, 2013
No. shares of common stock outstanding1 1,481,913,639 1,506,291,734 1,539,371,597 1,553,494,507 1,582,408,508 1,610,512,633 1,641,373,766 1,645,228,387 1,670,254,371 1,683,334,989 1,693,380,110 1,705,451,042 1,710,875,682 1,710,606,551 1,736,936,115 1,791,848,366 1,798,224,792 1,806,415,026 1,817,558,730 1,834,081,993 1,866,275,323 1,871,351,513 1,895,120,816 1,908,777,048 1,921,823,787 1,928,551,688 1,944,019,483
Selected Financial Data (US$)
Earnings from operations (in millions) 1,079 928 926 1,047 1,080 964 973 890 955 818 856 663 1,117 841 928 908 1,212 1,431 1,920 1,908 1,458 1,822 1,997 1,923 1,855 1,601 1,752
Operating profit per share2 2.69 2.64 2.61 2.62 2.47 2.35 2.22 2.14 1.97 2.05 2.05 2.08 2.22 2.27 2.58 3.05 3.60 3.72 3.91 3.92 3.86 4.06 3.89 3.74 0.00 0.00 0.00
Share price1, 3 18.09 19.14 19.36 22.29 24.49 23.42 23.35 20.74 19.08 18.95 17.32 15.51 14.50 13.44 11.11 12.26 27.59 32.69 32.61 39.82 36.79 33.74 29.91 28.07 22.36 24.25 21.03
Valuation Ratio
P/OP ratio4 6.74 7.24 7.42 8.52 9.92 9.97 10.54 9.70 9.68 9.24 8.44 7.45 6.54 5.91 4.31 4.02 7.67 8.79 8.34 10.16 9.54 8.31 7.68 7.51
Benchmarks
P/OP Ratio, Competitors5
Apple Inc. 14.94 14.79 11.46 13.49
Arista Networks Inc.
Cisco Systems Inc. 17.44 16.19 14.97 17.56
Super Micro Computer Inc.

Based on: 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-K (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-Q (reporting date: 2018-01-31), 10-K (reporting date: 2017-10-31), 10-Q (reporting date: 2017-07-31), 10-Q (reporting date: 2017-04-30), 10-Q (reporting date: 2017-01-31), 10-K (reporting date: 2016-10-31), 10-Q (reporting date: 2016-07-31), 10-Q (reporting date: 2016-04-30), 10-Q (reporting date: 2016-01-31), 10-K (reporting date: 2015-10-31), 10-Q (reporting date: 2015-07-31), 10-Q (reporting date: 2015-04-30), 10-Q (reporting date: 2015-01-31), 10-K (reporting date: 2014-10-31), 10-Q (reporting date: 2014-07-31), 10-Q (reporting date: 2014-04-30), 10-Q (reporting date: 2014-01-31), 10-K (reporting date: 2013-10-31), 10-Q (reporting date: 2013-07-31), 10-Q (reporting date: 2013-04-30), 10-Q (reporting date: 2013-01-31).

1 Data adjusted for splits and stock dividends.

2 Q3 2019 Calculation
Operating profit per share = (Earnings from operationsQ3 2019 + Earnings from operationsQ2 2019 + Earnings from operationsQ1 2019 + Earnings from operationsQ4 2018) ÷ No. shares of common stock outstanding
= (1,079,000,000 + 928,000,000 + 926,000,000 + 1,047,000,000) ÷ 1,481,913,639 = 2.69

3 Closing price as at the filing date of HP Inc. Quarterly or Annual Report.

4 Q3 2019 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 18.09 ÷ 2.69 = 6.74

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. HP Inc. P/OP ratio decreased from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019.

Price to Sales (P/S)

HP Inc., historical P/S calculation (quarterly data)

Microsoft Excel
Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018 Jan 31, 2018 Oct 31, 2017 Jul 31, 2017 Apr 30, 2017 Jan 31, 2017 Oct 31, 2016 Jul 31, 2016 Apr 30, 2016 Jan 31, 2016 Oct 31, 2015 Jul 31, 2015 Apr 30, 2015 Jan 31, 2015 Oct 31, 2014 Jul 31, 2014 Apr 30, 2014 Jan 31, 2014 Oct 31, 2013 Jul 31, 2013 Apr 30, 2013 Jan 31, 2013
No. shares of common stock outstanding1 1,481,913,639 1,506,291,734 1,539,371,597 1,553,494,507 1,582,408,508 1,610,512,633 1,641,373,766 1,645,228,387 1,670,254,371 1,683,334,989 1,693,380,110 1,705,451,042 1,710,875,682 1,710,606,551 1,736,936,115 1,791,848,366 1,798,224,792 1,806,415,026 1,817,558,730 1,834,081,993 1,866,275,323 1,871,351,513 1,895,120,816 1,908,777,048 1,921,823,787 1,928,551,688 1,944,019,483
Selected Financial Data (US$)
Net revenue (in millions) 14,603 14,036 14,710 15,366 14,586 14,003 14,517 13,927 13,060 12,385 12,684 12,512 11,892 11,588 12,246 25,714 25,349 25,453 26,839 28,406 27,585 27,309 28,154 29,131 27,226 27,582 28,359
Sales per share2 39.62 38.97 38.11 37.64 36.04 34.47 32.83 31.64 30.32 29.39 28.74 28.28 35.91 43.78 51.10 57.68 58.97 59.94 60.60 60.77 60.11 59.75 59.15 58.83 0.00 0.00 0.00
Share price1, 3 18.09 19.14 19.36 22.29 24.49 23.42 23.35 20.74 19.08 18.95 17.32 15.51 14.50 13.44 11.11 12.26 27.59 32.69 32.61 39.82 36.79 33.74 29.91 28.07 22.36 24.25 21.03
Valuation Ratio
P/S ratio4 0.46 0.49 0.51 0.59 0.68 0.68 0.71 0.66 0.63 0.64 0.60 0.55 0.40 0.31 0.22 0.21 0.47 0.55 0.54 0.66 0.61 0.56 0.51 0.48
Benchmarks
P/S Ratio, Competitors5
Apple Inc. 3.72 3.75 2.98 3.60
Arista Networks Inc.
Cisco Systems Inc. 4.71 4.30 3.98 4.38
Super Micro Computer Inc.

Based on: 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-K (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-Q (reporting date: 2018-01-31), 10-K (reporting date: 2017-10-31), 10-Q (reporting date: 2017-07-31), 10-Q (reporting date: 2017-04-30), 10-Q (reporting date: 2017-01-31), 10-K (reporting date: 2016-10-31), 10-Q (reporting date: 2016-07-31), 10-Q (reporting date: 2016-04-30), 10-Q (reporting date: 2016-01-31), 10-K (reporting date: 2015-10-31), 10-Q (reporting date: 2015-07-31), 10-Q (reporting date: 2015-04-30), 10-Q (reporting date: 2015-01-31), 10-K (reporting date: 2014-10-31), 10-Q (reporting date: 2014-07-31), 10-Q (reporting date: 2014-04-30), 10-Q (reporting date: 2014-01-31), 10-K (reporting date: 2013-10-31), 10-Q (reporting date: 2013-07-31), 10-Q (reporting date: 2013-04-30), 10-Q (reporting date: 2013-01-31).

1 Data adjusted for splits and stock dividends.

2 Q3 2019 Calculation
Sales per share = (Net revenueQ3 2019 + Net revenueQ2 2019 + Net revenueQ1 2019 + Net revenueQ4 2018) ÷ No. shares of common stock outstanding
= (14,603,000,000 + 14,036,000,000 + 14,710,000,000 + 15,366,000,000) ÷ 1,481,913,639 = 39.62

3 Closing price as at the filing date of HP Inc. Quarterly or Annual Report.

4 Q3 2019 Calculation
P/S ratio = Share price ÷ Sales per share
= 18.09 ÷ 39.62 = 0.46

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. HP Inc. P/S ratio decreased from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019.

Price to Book Value (P/BV)

HP Inc., historical P/BV calculation (quarterly data)

Microsoft Excel
Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018 Jan 31, 2018 Oct 31, 2017 Jul 31, 2017 Apr 30, 2017 Jan 31, 2017 Oct 31, 2016 Jul 31, 2016 Apr 30, 2016 Jan 31, 2016 Oct 31, 2015 Jul 31, 2015 Apr 30, 2015 Jan 31, 2015 Oct 31, 2014 Jul 31, 2014 Apr 30, 2014 Jan 31, 2014 Oct 31, 2013 Jul 31, 2013 Apr 30, 2013 Jan 31, 2013
No. shares of common stock outstanding1 1,481,913,639 1,506,291,734 1,539,371,597 1,553,494,507 1,582,408,508 1,610,512,633 1,641,373,766 1,645,228,387 1,670,254,371 1,683,334,989 1,693,380,110 1,705,451,042 1,710,875,682 1,710,606,551 1,736,936,115 1,791,848,366 1,798,224,792 1,806,415,026 1,817,558,730 1,834,081,993 1,866,275,323 1,871,351,513 1,895,120,816 1,908,777,048 1,921,823,787 1,928,551,688 1,944,019,483
Selected Financial Data (US$)
Total HP stockholders’ equity (deficit) (in millions) (1,131) (1,487) (1,837) (639) (1,767) (1,863) (2,742) (3,408) (4,339) (3,955) (4,327) (3,889) (3,926) (4,786) (4,909) 27,768 27,035 26,768 26,507 26,731 28,509 28,185 27,754 27,269 24,603 23,533 22,895
Book value per share (BVPS)2 -0.76 -0.99 -1.19 -0.41 -1.12 -1.16 -1.67 -2.07 -2.60 -2.35 -2.56 -2.28 -2.29 -2.80 -2.83 15.50 15.03 14.82 14.58 14.57 15.28 15.06 14.64 14.29 12.80 12.20 11.78
Share price1, 3 18.09 19.14 19.36 22.29 24.49 23.42 23.35 20.74 19.08 18.95 17.32 15.51 14.50 13.44 11.11 12.26 27.59 32.69 32.61 39.82 36.79 33.74 29.91 28.07 22.36 24.25 21.03
Valuation Ratio
P/BV ratio4 0.79 1.84 2.21 2.24 2.73 2.41 2.24 2.04 1.96 1.75 1.99 1.79
Benchmarks
P/BV Ratio, Competitors5
Apple Inc. 9.98 9.15 6.61 8.93 8.47 6.84 5.81
Arista Networks Inc. 5.33 7.41 8.72
Cisco Systems Inc. 6.57 5.36 4.56 5.00 4.40 4.08 2.76
Super Micro Computer Inc. 1.24 1.26 1.30

Based on: 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-K (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-Q (reporting date: 2018-01-31), 10-K (reporting date: 2017-10-31), 10-Q (reporting date: 2017-07-31), 10-Q (reporting date: 2017-04-30), 10-Q (reporting date: 2017-01-31), 10-K (reporting date: 2016-10-31), 10-Q (reporting date: 2016-07-31), 10-Q (reporting date: 2016-04-30), 10-Q (reporting date: 2016-01-31), 10-K (reporting date: 2015-10-31), 10-Q (reporting date: 2015-07-31), 10-Q (reporting date: 2015-04-30), 10-Q (reporting date: 2015-01-31), 10-K (reporting date: 2014-10-31), 10-Q (reporting date: 2014-07-31), 10-Q (reporting date: 2014-04-30), 10-Q (reporting date: 2014-01-31), 10-K (reporting date: 2013-10-31), 10-Q (reporting date: 2013-07-31), 10-Q (reporting date: 2013-04-30), 10-Q (reporting date: 2013-01-31).

1 Data adjusted for splits and stock dividends.

2 Q3 2019 Calculation
BVPS = Total HP stockholders’ equity (deficit) ÷ No. shares of common stock outstanding
= -1,131,000,000 ÷ 1,481,913,639 = -0.76

3 Closing price as at the filing date of HP Inc. Quarterly or Annual Report.

4 Q3 2019 Calculation
P/BV ratio = Share price ÷ BVPS
= 18.09 ÷ -0.76 =

5 Click competitor name to see calculations.