P/E Ratio

The current P/E ratio of 8.0x means HPQ's stock price is eight times its earnings per share — a low multiple that can suggest the stock is cheap relative to profits.

Compared to sector peers, HPQ's P/E sits well below the sector median of 24.2x, placing it in the 3rd percentile among those peers. The year-over-year change is not available, but the quarter-over-quarter change shows a decline of -5.8%, with the ratio dropping from 8.5x to 8.0x. A low valuation combined with a declining trend may indicate that earnings are falling or that the market expects weaker performance, heightening risk for investors betting on a turnaround. Alternatively, the deep discount could present an opportunity if the company stabilizes, though the negative momentum warrants caution. This metric provides a mixed signal: the low P/E supports a bullish view, but the shrinking multiple aligns with the neutral verdict because the positive valuation is tempered by a deteriorating trend.

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