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Hewlett Packard Enterprise Co (BSP:H1PE34) Cyclically Adjusted PS Ratio : 0.82 (As of Jun. 10, 2024)


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What is Hewlett Packard Enterprise Co Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Hewlett Packard Enterprise Co's current share price is R$104.44. Hewlett Packard Enterprise Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2024 was R$127.57. Hewlett Packard Enterprise Co's Cyclically Adjusted PS Ratio for today is 0.82.

The historical rank and industry rank for Hewlett Packard Enterprise Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

BSP:H1PE34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.61   Med: 0.69   Max: 0.81
Current: 0.81

During the past years, Hewlett Packard Enterprise Co's highest Cyclically Adjusted PS Ratio was 0.81. The lowest was 0.61. And the median was 0.69.

BSP:H1PE34's Cyclically Adjusted PS Ratio is ranked better than
58.58% of 1922 companies
in the Hardware industry
Industry Median: 1.08 vs BSP:H1PE34: 0.81

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Hewlett Packard Enterprise Co's adjusted revenue per share data for the three months ended in Apr. 2024 was R$27.892. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is R$127.57 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hewlett Packard Enterprise Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hewlett Packard Enterprise Co's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hewlett Packard Enterprise Co Cyclically Adjusted PS Ratio Chart

Hewlett Packard Enterprise Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.63

Hewlett Packard Enterprise Co Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.71 0.63 0.63 0.69

Competitive Comparison of Hewlett Packard Enterprise Co's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Hewlett Packard Enterprise Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hewlett Packard Enterprise Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hewlett Packard Enterprise Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hewlett Packard Enterprise Co's Cyclically Adjusted PS Ratio falls into.



Hewlett Packard Enterprise Co Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Hewlett Packard Enterprise Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=104.44/127.57
=0.82

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hewlett Packard Enterprise Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2024 is calculated as:

For example, Hewlett Packard Enterprise Co's adjusted Revenue per Share data for the three months ended in Apr. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=27.892/131.7762*131.7762
=27.892

Current CPI (Apr. 2024) = 131.7762.

Hewlett Packard Enterprise Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201407 16.692 100.520 21.882
201410 18.878 100.176 24.833
201501 18.833 98.604 25.169
201504 20.907 99.824 27.599
201507 23.088 100.691 30.216
201510 -16.862 100.346 -22.143
201601 29.023 99.957 38.262
201604 17.316 100.947 22.604
201607 15.301 101.524 19.861
201610 9.739 101.988 12.584
201701 12.952 102.456 16.658
201704 12.889 103.167 16.463
201707 14.396 103.278 18.368
201710 14.847 104.070 18.800
201801 15.222 104.578 19.181
201804 16.092 105.708 20.060
201807 19.383 106.324 24.023
201810 20.220 106.695 24.973
201901 19.982 106.200 24.794
201904 20.164 107.818 24.645
201907 20.442 108.250 24.885
201910 22.247 108.577 27.000
202001 21.937 108.841 26.560
202004 24.749 108.173 30.149
202007 27.649 109.318 33.329
202010 31.335 109.861 37.586
202101 27.890 110.364 33.301
202104 28.031 112.673 32.784
202107 26.604 115.183 30.437
202110 30.504 116.696 34.446
202201 29.052 118.619 32.274
202204 24.017 121.978 25.946
202207 28.204 125.002 29.732
202210 31.557 125.734 33.073
202301 30.833 126.223 32.190
202304 26.567 127.992 27.352
202307 25.542 128.974 26.097
202310 28.306 129.810 28.735
202401 25.245 130.124 25.565
202404 27.892 131.776 27.892

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Hewlett Packard Enterprise Co  (BSP:H1PE34) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Hewlett Packard Enterprise Co Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Hewlett Packard Enterprise Co's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Hewlett Packard Enterprise Co (BSP:H1PE34) Business Description

Traded in Other Exchanges
Address
1701 East Mossy Oaks Road, Spring, TX, USA, 77389
Hewlett Packard Enterprise is an information technology vendor that provides hardware and software to enterprises. Its primary product lines are compute servers, storage arrays, and networking equipment; it also has a high-performance computing business. HPE's stated goal is to be a complete edge-to-cloud company, and its portfolio enables hybrid clouds and hyperconverged infrastructure. It uses a primarily outsourced manufacturing model and employs 60,000 people worldwide.

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