Common Stock Valuation Ratios (Price Multiples)
Quarterly Data
Valuation ratios measure the quantity of an asset or flaw (e.g., earnings) associated with ownership of a specified claim (e.g., a share of ownership of the enterprise).
Historical Valuation Ratios (Summary)
Hewlett Packard Enterprise Co., historical price multiples (quarterly data)
Based on: 10-Q (reporting date: 2024-04-30), 10-Q (reporting date: 2024-01-31), 10-K (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-31), 10-K (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-31), 10-K (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-Q (reporting date: 2021-01-31), 10-K (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-Q (reporting date: 2020-01-31), 10-K (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-K (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-Q (reporting date: 2018-01-31).
| Valuation ratio | Description | The company |
|---|---|---|
| P/E ratio | The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. | Hewlett Packard Enterprise Co. P/E ratio increased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |
| P/OP ratio | Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. | Hewlett Packard Enterprise Co. P/OP ratio increased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |
| P/S ratio | An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. | Hewlett Packard Enterprise Co. P/S ratio increased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |
| P/BV ratio | The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. | Hewlett Packard Enterprise Co. P/BV ratio increased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |
Price to Earnings (P/E)
Hewlett Packard Enterprise Co., historical P/E calculation (quarterly data)
| Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | Jan 31, 2019 | Oct 31, 2018 | Jul 31, 2018 | Apr 30, 2018 | Jan 31, 2018 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 1,299,673,270 | 1,300,000,000 | 1,300,000,000 | 1,282,864,719 | 1,291,518,139 | 1,295,869,008 | 1,281,816,851 | 1,286,700,896 | 1,299,330,455 | 1,300,135,740 | 1,293,439,907 | 1,308,050,014 | 1,305,927,541 | 1,301,145,494 | 1,293,499,810 | 1,286,383,563 | 1,284,757,155 | 1,288,341,672 | 1,292,925,893 | 1,305,601,258 | 1,339,148,624 | 1,370,378,287 | 1,398,678,425 | 1,471,648,283 | 1,513,961,241 | 1,553,204,723 | ||||||||
| Selected Financial Data (US$) | ||||||||||||||||||||||||||||||||||
| Net earnings (loss) attributable to HPE (in millions) | 314) | 387) | 642) | 464) | 418) | 501) | (304) | 409) | 250) | 513) | 2,553) | 392) | 259) | 223) | 157) | 9) | (821) | 333) | 480) | (27) | 419) | 177) | (757) | 451) | 778) | 1,436) | ||||||||
| Earnings per share (EPS)2 | 1.39 | 1.47 | 1.56 | 0.84 | 0.79 | 0.66 | 0.68 | 2.90 | 2.85 | 2.86 | 2.65 | 0.79 | 0.50 | -0.33 | -0.25 | 0.00 | -0.03 | 0.94 | 0.81 | -0.14 | 0.22 | 0.47 | 1.36 | 0.00 | 0.00 | 0.00 | ||||||||
| Share price1, 3 | 19.48 | 18.10 | 17.09 | 17.98 | 15.24 | 15.01 | 16.29 | 13.37 | 15.08 | 16.75 | 15.21 | 15.48 | 15.90 | 14.04 | 12.12 | 9.52 | 9.95 | 11.14 | 16.03 | 13.82 | 13.72 | 16.14 | 14.64 | 16.67 | 15.92 | 19.16 | ||||||||
| Valuation Ratio | ||||||||||||||||||||||||||||||||||
| P/E ratio4 | 14.01 | 12.31 | 10.97 | 21.38 | 19.22 | 22.72 | 24.06 | 4.62 | 5.28 | 5.86 | 5.74 | 19.64 | 32.04 | — | — | 12,246.37 | — | 11.91 | 19.76 | — | 63.36 | 34.08 | 10.73 | — | — | — | ||||||||
| Benchmarks | ||||||||||||||||||||||||||||||||||
| P/E Ratio, Competitors5 | ||||||||||||||||||||||||||||||||||
| Apple Inc. | 28.01 | 28.44 | 28.33 | 30.03 | 28.94 | 25.69 | 24.82 | 26.21 | 25.03 | 27.64 | 25.96 | 27.61 | 29.19 | 36.00 | 32.24 | 31.11 | 21.90 | 24.67 | 20.00 | 17.29 | 16.94 | 13.11 | 16.07 | — | — | — | ||||||||
| Arista Networks Inc. | 44.22 | 39.94 | 39.77 | 32.79 | 33.61 | 27.44 | 32.05 | 33.51 | 34.44 | 37.69 | 47.56 | 48.17 | 39.92 | 36.92 | 37.41 | 26.50 | 23.74 | 19.75 | 19.88 | — | — | — | — | — | — | — | ||||||||
| Cisco Systems Inc. | 14.54 | 14.30 | 18.26 | 17.20 | 18.01 | 17.28 | 15.78 | 15.18 | 19.78 | 20.46 | 23.34 | 21.99 | 19.39 | 16.91 | 15.46 | 17.64 | 17.87 | 17.54 | 17.69 | — | — | — | — | — | — | — | ||||||||
| Super Micro Computer Inc. | 44.27 | 22.19 | 21.09 | 12.27 | 7.82 | 9.13 | 12.71 | 14.49 | 15.76 | 21.49 | 16.16 | 19.93 | 18.25 | 17.13 | 17.04 | 14.87 | 16.73 | 15.64 | 15.77 | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2024-04-30), 10-Q (reporting date: 2024-01-31), 10-K (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-31), 10-K (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-31), 10-K (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-Q (reporting date: 2021-01-31), 10-K (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-Q (reporting date: 2020-01-31), 10-K (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-K (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-Q (reporting date: 2018-01-31).
1 Data adjusted for splits and stock dividends.
2 Q2 2024 Calculation
EPS
= (Net earnings (loss) attributable to HPEQ2 2024
+ Net earnings (loss) attributable to HPEQ1 2024
+ Net earnings (loss) attributable to HPEQ4 2023
+ Net earnings (loss) attributable to HPEQ3 2023)
÷ No. shares of common stock outstanding
= (314,000,000 + 387,000,000 + 642,000,000 + 464,000,000)
÷ 1,299,673,270 = 1.39
3 Closing price as at the filing date of Hewlett Packard Enterprise Co. Quarterly or Annual Report.
4 Q2 2024 Calculation
P/E ratio = Share price ÷ EPS
= 19.48 ÷ 1.39 = 14.01
5 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| P/E ratio | The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. | Hewlett Packard Enterprise Co. P/E ratio increased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |
Price to Operating Profit (P/OP)
Hewlett Packard Enterprise Co., historical P/OP calculation (quarterly data)
| Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | Jan 31, 2019 | Oct 31, 2018 | Jul 31, 2018 | Apr 30, 2018 | Jan 31, 2018 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 1,299,673,270 | 1,300,000,000 | 1,300,000,000 | 1,282,864,719 | 1,291,518,139 | 1,295,869,008 | 1,281,816,851 | 1,286,700,896 | 1,299,330,455 | 1,300,135,740 | 1,293,439,907 | 1,308,050,014 | 1,305,927,541 | 1,301,145,494 | 1,293,499,810 | 1,286,383,563 | 1,284,757,155 | 1,288,341,672 | 1,292,925,893 | 1,305,601,258 | 1,339,148,624 | 1,370,378,287 | 1,398,678,425 | 1,471,648,283 | 1,513,961,241 | 1,553,204,723 | ||||||||
| Selected Financial Data (US$) | ||||||||||||||||||||||||||||||||||
| Earnings (loss) from operations (in millions) | 425) | 525) | 507) | 471) | 520) | 591) | (339) | 466) | 207) | 448) | 350) | 282) | 278) | 222) | 145) | 12) | (834) | 348) | 460) | (76) | 434) | 456) | 684) | 516) | 397) | 261) | ||||||||
| Operating profit per share2 | 1.48 | 1.56 | 1.61 | 0.97 | 0.96 | 0.71 | 0.61 | 1.14 | 0.99 | 1.04 | 0.88 | 0.71 | 0.50 | -0.35 | -0.25 | -0.01 | -0.08 | 0.91 | 0.99 | 1.15 | 1.56 | 1.50 | 1.33 | 0.00 | 0.00 | 0.00 | ||||||||
| Share price1, 3 | 19.48 | 18.10 | 17.09 | 17.98 | 15.24 | 15.01 | 16.29 | 13.37 | 15.08 | 16.75 | 15.21 | 15.48 | 15.90 | 14.04 | 12.12 | 9.52 | 9.95 | 11.14 | 16.03 | 13.82 | 13.72 | 16.14 | 14.64 | 16.67 | 15.92 | 19.16 | ||||||||
| Valuation Ratio | ||||||||||||||||||||||||||||||||||
| P/OP ratio4 | 13.13 | 11.63 | 10.64 | 18.56 | 15.90 | 21.03 | 26.70 | 11.69 | 15.22 | 16.04 | 17.38 | 21.84 | 31.60 | — | — | — | — | 12.31 | 16.27 | 12.04 | 8.79 | 10.77 | 11.02 | — | — | — | ||||||||
| Benchmarks | ||||||||||||||||||||||||||||||||||
| P/OP Ratio, Competitors5 | ||||||||||||||||||||||||||||||||||
| Apple Inc. | 23.78 | 24.19 | 24.04 | 25.35 | 24.31 | 21.45 | 20.74 | 22.07 | 21.37 | 23.78 | 22.56 | 23.98 | 25.06 | 31.00 | 27.92 | 27.07 | 19.10 | 21.45 | 17.29 | 14.94 | 14.79 | 11.46 | 13.49 | — | — | — | ||||||||
| Arista Networks Inc. | 41.84 | 37.57 | 36.77 | 29.88 | 30.23 | 24.00 | 28.38 | 29.48 | 31.27 | 35.28 | 43.25 | 44.27 | 35.97 | 33.03 | 33.92 | 27.72 | 24.78 | 20.69 | 21.21 | — | — | — | — | — | — | — | ||||||||
| Cisco Systems Inc. | 12.56 | 12.32 | 15.32 | 13.88 | 14.67 | 14.12 | 13.35 | 12.91 | 16.75 | 17.02 | 19.26 | 17.97 | 15.77 | 14.03 | 12.73 | 13.53 | 13.95 | 13.79 | 14.46 | — | — | — | — | — | — | — | ||||||||
| Super Micro Computer Inc. | 37.27 | 19.05 | 17.74 | 10.30 | 6.55 | 7.71 | 10.82 | 12.72 | 14.45 | 19.40 | 14.58 | 19.27 | 17.42 | 17.40 | 16.77 | 12.52 | 13.62 | 12.15 | 11.67 | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2024-04-30), 10-Q (reporting date: 2024-01-31), 10-K (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-31), 10-K (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-31), 10-K (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-Q (reporting date: 2021-01-31), 10-K (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-Q (reporting date: 2020-01-31), 10-K (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-K (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-Q (reporting date: 2018-01-31).
1 Data adjusted for splits and stock dividends.
2 Q2 2024 Calculation
Operating profit per share
= (Earnings (loss) from operationsQ2 2024
+ Earnings (loss) from operationsQ1 2024
+ Earnings (loss) from operationsQ4 2023
+ Earnings (loss) from operationsQ3 2023)
÷ No. shares of common stock outstanding
= (425,000,000 + 525,000,000 + 507,000,000 + 471,000,000)
÷ 1,299,673,270 = 1.48
3 Closing price as at the filing date of Hewlett Packard Enterprise Co. Quarterly or Annual Report.
4 Q2 2024 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 19.48 ÷ 1.48 = 13.13
5 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| P/OP ratio | Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. | Hewlett Packard Enterprise Co. P/OP ratio increased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |
Price to Sales (P/S)
Hewlett Packard Enterprise Co., historical P/S calculation (quarterly data)
| Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | Jan 31, 2019 | Oct 31, 2018 | Jul 31, 2018 | Apr 30, 2018 | Jan 31, 2018 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 1,299,673,270 | 1,300,000,000 | 1,300,000,000 | 1,282,864,719 | 1,291,518,139 | 1,295,869,008 | 1,281,816,851 | 1,286,700,896 | 1,299,330,455 | 1,300,135,740 | 1,293,439,907 | 1,308,050,014 | 1,305,927,541 | 1,301,145,494 | 1,293,499,810 | 1,286,383,563 | 1,284,757,155 | 1,288,341,672 | 1,292,925,893 | 1,305,601,258 | 1,339,148,624 | 1,370,378,287 | 1,398,678,425 | 1,471,648,283 | 1,513,961,241 | 1,553,204,723 | ||||||||
| Selected Financial Data (US$) | ||||||||||||||||||||||||||||||||||
| Net revenue (in millions) | 7,204) | 6,755) | 7,351) | 7,002) | 6,973) | 7,809) | 7,871) | 6,951) | 6,713) | 6,961) | 7,354) | 6,897) | 6,700) | 6,833) | 7,208) | 6,816) | 6,009) | 6,949) | 7,215) | 7,217) | 7,150) | 7,553) | 7,946) | 7,764) | 7,468) | 7,674) | ||||||||
| Sales per share2 | 21.78 | 21.60 | 22.41 | 23.12 | 22.92 | 22.64 | 22.23 | 21.74 | 21.49 | 21.47 | 21.48 | 21.13 | 21.10 | 20.65 | 20.86 | 20.98 | 21.32 | 22.15 | 22.53 | 22.88 | 22.71 | 22.43 | 22.06 | 0.00 | 0.00 | 0.00 | ||||||||
| Share price1, 3 | 19.48 | 18.10 | 17.09 | 17.98 | 15.24 | 15.01 | 16.29 | 13.37 | 15.08 | 16.75 | 15.21 | 15.48 | 15.90 | 14.04 | 12.12 | 9.52 | 9.95 | 11.14 | 16.03 | 13.82 | 13.72 | 16.14 | 14.64 | 16.67 | 15.92 | 19.16 | ||||||||
| Valuation Ratio | ||||||||||||||||||||||||||||||||||
| P/S ratio4 | 0.89 | 0.84 | 0.76 | 0.78 | 0.66 | 0.66 | 0.73 | 0.61 | 0.70 | 0.78 | 0.71 | 0.73 | 0.75 | 0.68 | 0.58 | 0.45 | 0.47 | 0.50 | 0.71 | 0.60 | 0.60 | 0.72 | 0.66 | — | — | — | ||||||||
| Benchmarks | ||||||||||||||||||||||||||||||||||
| P/S Ratio, Competitors5 | ||||||||||||||||||||||||||||||||||
| Apple Inc. | 7.37 | 7.44 | 7.17 | 7.41 | 7.09 | 6.31 | 6.28 | 6.74 | 6.61 | 7.35 | 6.72 | 6.90 | 6.85 | 7.82 | 6.74 | 6.64 | 4.68 | 5.30 | 4.25 | 3.72 | 3.75 | 2.98 | 3.60 | — | — | — | ||||||||
| Arista Networks Inc. | 17.25 | 15.03 | 14.16 | 11.14 | 10.92 | 8.57 | 9.89 | 9.93 | 10.18 | 11.13 | 13.57 | 13.63 | 11.07 | 10.15 | 10.24 | 8.50 | 7.87 | 6.73 | 7.09 | — | — | — | — | — | — | — | ||||||||
| Cisco Systems Inc. | 3.42 | 3.35 | 4.04 | 3.59 | 3.83 | 3.80 | 3.62 | 3.53 | 4.54 | 4.59 | 4.96 | 4.60 | 4.09 | 3.68 | 3.52 | 3.76 | 3.83 | 3.71 | 3.96 | — | — | — | — | — | — | — | ||||||||
| Super Micro Computer Inc. | 3.50 | 1.84 | 1.90 | 1.10 | 0.68 | 0.67 | 0.70 | 0.57 | 0.47 | 0.62 | 0.51 | 0.54 | 0.50 | 0.44 | 0.43 | 0.40 | 0.43 | 0.37 | 0.32 | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2024-04-30), 10-Q (reporting date: 2024-01-31), 10-K (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-31), 10-K (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-31), 10-K (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-Q (reporting date: 2021-01-31), 10-K (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-Q (reporting date: 2020-01-31), 10-K (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-K (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-Q (reporting date: 2018-01-31).
1 Data adjusted for splits and stock dividends.
2 Q2 2024 Calculation
Sales per share
= (Net revenueQ2 2024
+ Net revenueQ1 2024
+ Net revenueQ4 2023
+ Net revenueQ3 2023)
÷ No. shares of common stock outstanding
= (7,204,000,000 + 6,755,000,000 + 7,351,000,000 + 7,002,000,000)
÷ 1,299,673,270 = 21.78
3 Closing price as at the filing date of Hewlett Packard Enterprise Co. Quarterly or Annual Report.
4 Q2 2024 Calculation
P/S ratio = Share price ÷ Sales per share
= 19.48 ÷ 21.78 = 0.89
5 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| P/S ratio | An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. | Hewlett Packard Enterprise Co. P/S ratio increased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |
Price to Book Value (P/BV)
Hewlett Packard Enterprise Co., historical P/BV calculation (quarterly data)
| Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | Jan 31, 2019 | Oct 31, 2018 | Jul 31, 2018 | Apr 30, 2018 | Jan 31, 2018 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 1,299,673,270 | 1,300,000,000 | 1,300,000,000 | 1,282,864,719 | 1,291,518,139 | 1,295,869,008 | 1,281,816,851 | 1,286,700,896 | 1,299,330,455 | 1,300,135,740 | 1,293,439,907 | 1,308,050,014 | 1,305,927,541 | 1,301,145,494 | 1,293,499,810 | 1,286,383,563 | 1,284,757,155 | 1,288,341,672 | 1,292,925,893 | 1,305,601,258 | 1,339,148,624 | 1,370,378,287 | 1,398,678,425 | 1,471,648,283 | 1,513,961,241 | 1,553,204,723 | ||||||||
| Selected Financial Data (US$) | ||||||||||||||||||||||||||||||||||
| Total HPE stockholders’ equity (in millions) | 21,680) | 21,416) | 21,182) | 20,622) | 20,366) | 20,011) | 19,864) | 20,611) | 20,532) | 20,318) | 19,971) | 17,020) | 16,560) | 16,212) | 16,049) | 16,155) | 16,210) | 17,189) | 17,098) | 17,533) | 18,198) | 18,293) | 21,239) | 23,426) | 23,932) | 23,951) | ||||||||
| Book value per share (BVPS)2 | 16.68 | 16.47 | 16.29 | 16.07 | 15.77 | 15.44 | 15.50 | 16.02 | 15.80 | 15.63 | 15.44 | 13.01 | 12.68 | 12.46 | 12.41 | 12.56 | 12.62 | 13.34 | 13.22 | 13.43 | 13.59 | 13.35 | 15.19 | 15.92 | 15.81 | 15.42 | ||||||||
| Share price1, 3 | 19.48 | 18.10 | 17.09 | 17.98 | 15.24 | 15.01 | 16.29 | 13.37 | 15.08 | 16.75 | 15.21 | 15.48 | 15.90 | 14.04 | 12.12 | 9.52 | 9.95 | 11.14 | 16.03 | 13.82 | 13.72 | 16.14 | 14.64 | 16.67 | 15.92 | 19.16 | ||||||||
| Valuation Ratio | ||||||||||||||||||||||||||||||||||
| P/BV ratio4 | 1.17 | 1.10 | 1.05 | 1.12 | 0.97 | 0.97 | 1.05 | 0.83 | 0.95 | 1.07 | 0.99 | 1.19 | 1.25 | 1.13 | 0.98 | 0.76 | 0.79 | 0.83 | 1.21 | 1.03 | 1.01 | 1.21 | 0.96 | 1.05 | 1.01 | 1.24 | ||||||||
| Benchmarks | ||||||||||||||||||||||||||||||||||
| P/BV Ratio, Competitors5 | ||||||||||||||||||||||||||||||||||
| Apple Inc. | 37.90 | 38.73 | 44.21 | 47.21 | 43.92 | 43.09 | 48.89 | 44.95 | 37.86 | 38.64 | 38.96 | 37.28 | 32.20 | 34.75 | 28.33 | 25.14 | 15.98 | 15.85 | 12.21 | 9.98 | 9.15 | 6.61 | 8.93 | 8.47 | 6.84 | 5.81 | ||||||||
| Arista Networks Inc. | 12.91 | 11.62 | 11.50 | 9.58 | 9.81 | 7.81 | 8.87 | 8.90 | 8.90 | 8.46 | 10.05 | 9.78 | 7.87 | 7.24 | 7.15 | 6.12 | 5.89 | 5.53 | 5.90 | 5.33 | 7.41 | 8.72 | — | — | — | — | ||||||||
| Cisco Systems Inc. | 4.23 | 4.30 | 5.19 | 4.66 | 4.91 | 4.94 | 4.69 | 4.51 | 5.92 | 5.46 | 5.99 | 5.59 | 5.02 | 4.64 | 4.57 | 5.33 | 5.56 | 5.60 | 6.12 | 6.57 | 5.36 | 4.56 | — | — | — | — | ||||||||
| Super Micro Computer Inc. | 10.54 | 6.28 | 6.85 | 4.07 | 2.49 | 2.50 | 2.54 | 2.09 | 1.66 | 2.10 | 1.65 | 1.72 | 1.52 | 1.35 | 1.35 | 1.28 | 1.41 | 1.27 | 1.21 | 1.24 | 1.26 | 1.30 | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2024-04-30), 10-Q (reporting date: 2024-01-31), 10-K (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-31), 10-K (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-31), 10-K (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-Q (reporting date: 2021-01-31), 10-K (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-Q (reporting date: 2020-01-31), 10-K (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-K (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-Q (reporting date: 2018-01-31).
1 Data adjusted for splits and stock dividends.
2 Q2 2024 Calculation
BVPS = Total HPE stockholders’ equity ÷ No. shares of common stock outstanding
= 21,680,000,000 ÷ 1,299,673,270 = 16.68
3 Closing price as at the filing date of Hewlett Packard Enterprise Co. Quarterly or Annual Report.
4 Q2 2024 Calculation
P/BV ratio = Share price ÷ BVPS
= 19.48 ÷ 16.68 = 1.17
5 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| P/BV ratio | The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. | Hewlett Packard Enterprise Co. P/BV ratio increased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |