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HP forward PE HPQ

Share price divided by analysts' consensus earnings for the next twelve months, since 1996.

Today, Oct 23, 2026
11.2×
10-year median
9.3×
Against its 10-year history
87th
percentile: 0 is its lowest day, 100 its highest
10-year range
6.1× to 12.6×
Peer median
16.2×

HP's forward PE is 11.2× as of Oct 23, 2026.

That is above its ten-year median of 9.3×, higher than on 87% of days in the last ten years.

Over that time it ranged from 6.1× in May 2020 to 12.6× in Jan 2018.

The median for 10 computer hardware stocks of a similar size is 16.2×.

Forward PE over time

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
2026 so far11.2×6.4×11.8×
20258.0×7.1×10.9×
202410.4×8.3×11.9×
20238.8×7.6×9.7×
20228.3×7.8×11.8×
20219.5×6.9×9.8×
20207.5×6.1×11.8×
201910.6×8.2×11.0×
20189.4×9.1×12.6×
201711.1×9.8×12.2×
20169.8×6.0×10.6×
20157.6×3.4×8.1×
20145.1×3.6×5.1×
20133.6×2.2×3.6×
20122.0×1.8×3.8×
20113.4×2.8×4.7×
20104.1×3.7×5.7×
20095.5×3.0×5.7×
20084.1×3.6×7.1×
20077.8×6.8×8.6×

Against its peers

Companies in Computer Hardware nearest HP's size, closest first, today.

CompanyForward PE
HPQHP11.2×
PEverpure37.9×
NTAPNetApp21.7×
SMCISuper Micro Computer7.6×
LOGILogitech Internationaln/m
HPEHewlett Packard Enterprise12.2×
WDCWestern Digital15.5×
STXSeagate Technology16.8×
SNDKSandisk5.8×
ANETArista Networks36.9×
NATLNCR Atleosn/m
Peer median16.2×

Where HP ranks

What the forward PE tells you

Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.

Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.

More on HP

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.