HP price to book ratio HPQ

Market value divided by the book value of the company's net assets, since 2009.

Today, Oct 23, 2026: n/m; not a meaningful number
Last meaningful: 0.7×; Feb 2016
Peer median: 12.4×

HP's price to book ratio is not a meaningful number today: shareholders' equity was zero, negative or not reported, so price to book does not exist.

It was last meaningful in Feb 2016, at 0.7×.

Price to book ratio over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2016	0.7×	0.6×	0.7×
2015	0.8×	0.7×	1.3×
2014	1.3×	0.9×	1.3×
2013	1.0×	0.6×	1.0×
2012	0.5×	0.4×	0.7×
2011	0.6×	0.5×	1.2×
2010	1.0×	0.9×	1.4×
2009	1.4×	1.2×	1.4×

Against its peers

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

Company	Price to book ratio
HPQHP	n/m
PEverpure	26.7×
NTAPNetApp	28.3×
SMCISuper Micro Computer	1.5×
LOGILogitech International	6.7×
HPEHewlett Packard Enterprise	2.8×
WDCWestern Digital	13.3×
STXSeagate Technology	65.9×
SNDKSandisk	11.5×
ANETArista Networks	14.7×
NATLNCR Atleos	7.5×
Peer median	12.4×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on HP

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.