Hewlett Packard Enterprise Company (HPE) P/E Ratio History
Deep ValueTrading at -1368.6x · 0th percentile of 5-year range · Significant discount to historical valuation · Data 2015–2026
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P/E Ratio Analysis
As of September 23, 2026, Hewlett Packard Enterprise Company (HPE) trades at a price-to-earnings ratio of -1368.6x, with a stock price of $61.04 and trailing twelve-month earnings per share of $1.90.
The current P/E is 8226% below its 5-year average of 16.8x. Over the past five years, HPE's P/E has ranged from a low of 5.1x to a high of 32.7x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Technology sector median P/E of 29.9x, HPE trades at a 4676% discount to its sector peers. The sector includes 365 companies with P/E ratios ranging from 0.0x to 199.0x.
Relative to the broader market, HPE trades at a notable discount to the S&P 500 median P/E of 25.5x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our HPE DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
HPE Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
HPE P/E vs Peers
Enterprise Networking and Wi-Fi peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $365B | 63.3 | 4.08 | +36% | |
| $218B | 20.7 | 1.67 | +74% | |
| $38B | 30.3 | 2.09 | +12% | |
| $29B | 12.1Lowest | 2.09 | -6% | |
| $420B | 32.0 | 5.42 | +31% | |
| $28B | 183.4 | - | +0% | |
| $206B | 66.2 | 3.15 | +105% | |
| $160B | 18.7 | 0.33 | +384%Best | |
| $27B | 12.7 | 0.29Best | +94% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
HPE Historical P/E Data (2015–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q3 | Jul 31 2026 | $47.90 | $1.92 | 24.9x | +8% |
| FY2026 Q2 | - | $28.77 | $1.05 | 27.4x | +19% |
| FY2025 Q3 | - | $20.69 | $0.79 | 26.2x | +14% |
| FY2025 Q2 | Apr 30 2025 | $16.22 | $0.98 | 16.6x | -28% |
| FY2025 Q1 | Jan 31 2025 | $21.19 | $2.04 | 10.4x | -55% |
| FY2024 Q4 | - | $19.49 | $1.91 | 10.2x | -56% |
| FY2024 Q3 | Jul 31 2024 | $19.91 | $1.40 | 14.2x | -38% |
| FY2024 Q2 | - | $17.00 | $1.37 | 12.4x | -46% |
| FY2024 Q1 | Jan 31 2024 | $15.29 | $1.45 | 10.5x | -54% |
| FY2023 Q4 | - | $15.38 | $1.16 | 13.3x | -42% |
| FY2023 Q3 | Jul 31 2023 | $17.38 | $0.67 | 25.9x | +13% |
| FY2023 Q2 | Apr 30 2023 | $14.32 | $0.63 | 22.7x | -1% |
| FY2023 Q1 | - | $16.13 | $0.50 | 32.3x | +40% |
| FY2022 Q4 | Oct 31 2022 | $14.27 | $0.89 | 16.0x | -30% |
| FY2022 Q3 | Jul 31 2022 | $14.24 | $2.80 | 5.1x | -78% |
| FY2022 Q2 | Apr 30 2022 | $15.41 | $2.78 | 5.5x | -76% |
| FY2022 Q1 | Jan 31 2022 | $16.33 | $2.78 | 5.9x | -74% |
| FY2021 Q4 | Oct 31 2021 | $14.65 | $2.56 | 5.7x | -75% |
| FY2021 Q3 | Jul 31 2021 | $14.50 | $0.77 | 18.8x | -18% |
| FY2021 Q2 | Apr 30 2021 | $16.02 | $0.49 | 32.7x | +42% |
| FY2020 Q1 | Jan 31 2020 | $13.93 | $0.89 | 15.7x | -32% |
| FY2019 Q4 | - | $16.41 | $0.77 | 21.3x | -7% |
| FY2019 Q2 | - | $15.81 | $0.20 | 79.0x | +243% |
| FY2019 Q1 | - | $15.59 | $0.39 | 40.0x | +74% |
| FY2018 Q4 | Oct 31 2018 | $15.25 | $1.15 | 13.3x | -42% |
| FY2018 Q3 | - | $15.44 | $1.99 | 7.8x | -66% |
| FY2018 Q2 | Apr 30 2018 | $17.05 | $1.80 | 9.5x | -59% |
| FY2018 Q1 | Jan 31 2018 | $16.40 | $0.94 | 17.4x | -24% |
| FY2017 Q4 | - | $13.92 | $0.21 | 66.3x | +188% |
| FY2017 Q3 | Jul 31 2017 | $13.58 | $0.07 | 194.0x | +742% |
| FY2017 Q2 | Apr 30 2017 | $14.45 | $1.29 | 11.2x | -51% |
| FY2017 Q1 | - | $13.18 | $1.84 | 7.2x | -69% |
| FY2016 Q4 | Oct 31 2016 | $13.06 | $1.83 | 7.1x | -69% |
| FY2016 Q3 | Jul 31 2016 | $12.22 | $2.44 | 5.0x | -78% |
| FY2016 Q2 | Apr 30 2016 | $9.68 | $1.24 | 7.8x | -66% |
| FY2016 Q1 | Jan 31 2016 | $8.00 | $1.23 | 6.5x | -72% |
| FY2015 Q4 | Oct 31 2015 | $8.56 | $1.38 | 6.2x | -73% |
Average P/E for displayed period: 23.0x
HPE Chart Terminal
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Intrinsic Valuation
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Historical Returns
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Peer Comparison
Compare growth, multiples, and margins vs sector.
HPE — Frequently Asked Questions
Quick answers to the most common questions about buying HPE stock.
What is HPE's P/E ratio?
Hewlett Packard Enterprise Company (HPE) trailing twelve-month P/E ratio is -1368.6x, based on TTM diluted EPS of $1.90. The 5-year average P/E is 16.8x and the historical range spans 5.1x to 32.7x.
Is HPE stock overvalued or undervalued?
HPE trades at -1368.6x P/E, below its 5-year average of 16.8x. At the 0th percentile of its historical range (5.1x–32.7x), the stock is priced at a discount to its own history.
Is HPE stock expensive?
No, HPE is not expensive on a historical basis. The current P/E of -1368.6x is below the 5-year average of 16.8x and sits at the 0th percentile of its valuation range.
What is HPE's historical P/E range?
Over the past 5 years, HPE's P/E ratio has ranged from 5.1x to 32.7x, with a median of 16.0x and an average of 16.8x. The current P/E of -1368.6x places the stock at the 0th percentile of this range. Full historical data spans 2015–2026.
How does HPE's P/E compare to the S&P 500?
HPE trades at -1368.6x P/E versus the S&P 500 median of 25.5x. The 5467% discount to the market suggests lower growth expectations or perceived higher risk.
How does HPE's valuation compare to Technology peers?
Hewlett Packard Enterprise Company P/E of -1368.6x compares to the Technology sector median of 29.9x. The discount suggests lower growth expectations, weaker margins, or higher perceived risk relative to peers. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is HPE's PEG ratio?
HPE PEG ratio is N/A, based on a P/E of -1368.6x and EPS growth of -102.3%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is HPE's earnings yield?
HPE earnings yield is N/A, the inverse of its -1368.6x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.