Price to Earnings (P/E)
since 2015
Paying user area
Try for free
Hewlett Packard Enterprise Co. pages available for free this week:
- Common-Size Balance Sheet: Assets
- Analysis of Solvency Ratios
- Common Stock Valuation Ratios
- Enterprise Value to EBITDA (EV/EBITDA)
- Capital Asset Pricing Model (CAPM)
- Present Value of Free Cash Flow to Equity (FCFE)
- Net Profit Margin since 2015
- Operating Profit Margin since 2015
- Price to Operating Profit (P/OP) since 2015
- Analysis of Revenues
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Hewlett Packard Enterprise Co. for $22.49.
This is a one-time payment. There is no automatic renewal.
We accept:
Calculation
Hewlett Packard Enterprise Co., P/E, long-term trends, calculation
| P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Net earnings (loss) attributable to HPE1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dec 22, 2023 | = | ÷ | = | ÷ | |||||||
| Dec 8, 2022 | = | ÷ | = | ÷ | |||||||
| Dec 10, 2021 | = | ÷ | = | ÷ | |||||||
| Dec 10, 2020 | = | ÷ | = | ÷ | |||||||
| Dec 13, 2019 | = | ÷ | = | ÷ | |||||||
| Dec 12, 2018 | = | ÷ | = | ÷ | |||||||
| Dec 15, 2017 | = | ÷ | = | ÷ | |||||||
| Dec 15, 2016 | = | ÷ | = | ÷ | |||||||
| Dec 17, 2015 | = | ÷ | = | ÷ |
Based on: 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31), 10-K (reporting date: 2018-10-31), 10-K (reporting date: 2017-10-31), 10-K (reporting date: 2016-10-31), 10-K (reporting date: 2015-10-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Hewlett Packard Enterprise Co. Annual Report.
The analysis of the financial data reveals several notable trends in the share price, earnings per share (EPS), and price-to-earnings (P/E) ratio over the observed period.
- Share Price
- The share price exhibited considerable volatility across the years. It increased significantly from $14.31 in 2015 to a peak of $23.73 in 2016, followed by a sharp decline to $14.41 in 2017. Subsequently, the price stabilized around the mid-$14 range in 2017 and 2018, then showed a gradual recovery, reaching $17.09 by the end of 2023. This suggests periods of investor uncertainty interspersed with phases of confidence restoration.
- Earnings per Share (EPS)
- The EPS figures demonstrate a fluctuating performance, with a notable decline in 2017 to $0.22 from a prior high of $1.90 in 2016. The year 2020 marked a significant negative EPS of -$0.25, indicating a loss for that period. However, EPS rebounded strongly in 2021 to $2.65 before decreasing again to $0.68 in 2022 and improving to $1.56 in 2023. This pattern reflects cyclical challenges and recoveries in profitability.
- Price-to-Earnings (P/E) Ratio
- The P/E ratio reflects underlying volatility in earnings relative to share price. The ratio peaked at an exceptionally high 66.77 in 2017, corresponding with very low EPS that year, indicating overvaluation or investor speculation. After dropping sharply to 10.73 in 2018, the P/E ratio varied, reaching lows such as 5.74 in 2021 when EPS was strong, and peaking again at 24.06 in 2022 during a period of weaker earnings. The ratio settled at 10.97 in 2023, suggesting a more balanced valuation relative to earnings.
Overall, the data indicates that the company experienced significant fluctuations in profitability and market valuation over the period. The share price generally trended within a moderate range, while earnings showed greater volatility, including periods of loss. The fluctuating P/E ratios suggest varying market perceptions of growth prospects and risk. The recent trend toward improved EPS and a stabilizing P/E ratio could point to a recovering operational performance and investor confidence.
Comparison to Competitors
Hewlett Packard Enterprise Co., P/E, long-term trends, comparison to competitors
| Hewlett Packard Enterprise Co. | Apple Inc. | Arista Networks Inc. | Cisco Systems Inc. | Dell Technologies Inc. | Super Micro Computer Inc. | |
|---|---|---|---|---|---|---|
| Dec 22, 2023 | ||||||
| Dec 8, 2022 | ||||||
| Dec 10, 2021 | ||||||
| Dec 10, 2020 | ||||||
| Dec 13, 2019 | ||||||
| Dec 12, 2018 | ||||||
| Dec 15, 2017 | ||||||
| Dec 15, 2016 | ||||||
| Dec 17, 2015 |
Based on: 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31), 10-K (reporting date: 2018-10-31), 10-K (reporting date: 2017-10-31), 10-K (reporting date: 2016-10-31), 10-K (reporting date: 2015-10-31).
Comparison to Sector (Technology Hardware & Equipment)
Hewlett Packard Enterprise Co., P/E, long-term trends, comparison to sector (technology hardware & equipment)
| Hewlett Packard Enterprise Co. | Technology Hardware & Equipment | |
|---|---|---|
| Dec 22, 2023 | ||
| Dec 8, 2022 | ||
| Dec 10, 2021 | ||
| Dec 10, 2020 | ||
| Dec 13, 2019 | ||
| Dec 12, 2018 | ||
| Dec 15, 2017 | ||
| Dec 15, 2016 | ||
| Dec 17, 2015 |
Based on: 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31), 10-K (reporting date: 2018-10-31), 10-K (reporting date: 2017-10-31), 10-K (reporting date: 2016-10-31), 10-K (reporting date: 2015-10-31).
Comparison to Industry (Information Technology)
Hewlett Packard Enterprise Co., P/E, long-term trends, comparison to industry (information technology)
| Hewlett Packard Enterprise Co. | Information Technology | |
|---|---|---|
| Dec 22, 2023 | ||
| Dec 8, 2022 | ||
| Dec 10, 2021 | ||
| Dec 10, 2020 | ||
| Dec 13, 2019 | ||
| Dec 12, 2018 | ||
| Dec 15, 2017 | ||
| Dec 15, 2016 | ||
| Dec 17, 2015 |
Based on: 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31), 10-K (reporting date: 2018-10-31), 10-K (reporting date: 2017-10-31), 10-K (reporting date: 2016-10-31), 10-K (reporting date: 2015-10-31).