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HP Shiller PE Ratio

: 14.18 (As of Today)
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As of today (2020-11-28), HP's current share price is $22.27. HP's E10 for the quarter that ended in Oct. 2020 was $1.57. HP's Shiller PE Ratio for today is 14.18.

NYSE:HPQ' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.4   Med: 8.49   Max: 14.18
Current: 14.18

3.4
14.18

During the past years, HP's highest Shiller PE Ratio was 14.18. The lowest was 3.40. And the median was 8.49.

NYSE:HPQ's Shiller PE Ratio is ranked higher than
73% of the 1207 Companies
in the Hardware industry.

( Industry Median: 23.12 vs. NYSE:HPQ: 14.18 )

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

HP's adjusted earnings per share data for the three months ended in Oct. 2020 was $0.490. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.57 for the trailing ten years ended in Oct. 2020.

Shiller PE for Stocks: The True Measure of Stock Valuation


HP Shiller PE Ratio Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

HP Annual Data
Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.06 11.17 12.59 9.72 11.43

HP Quarterly Data
Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20
Shiller PE Ratio 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 Premium Member Only Premium Member Only Premium Member Only 9.72 12.30 9.32 10.66 11.43

Competitive Comparison
* 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.


HP Shiller PE Ratio Distribution

* The bar in red indicates where HP's Shiller PE Ratio falls into.



HP Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

HP's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=22.27/1.57
=14.18

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

HP's E10 for the quarter that ended in Oct. 2020 is calculated as:

For example, HP's adjusted earnings per share data for the three months ended in Oct. 2020 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Oct. 2020 (Change)*Current CPI (Oct. 2020)
=0.49/109.8149*109.8149
=0.490

Current CPI (Oct. 2020) = 109.8149.

HP Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201101 1.170 93.373 1.376
201104 1.050 95.337 1.209
201107 0.930 95.582 1.068
201110 0.160 95.449 0.184
201201 0.730 96.053 0.835
201204 0.800 96.961 0.906
201207 -4.490 97.199 -5.073
201210 -3.480 97.133 -3.934
201301 0.630 97.953 0.706
201304 0.550 98.282 0.615
201307 0.710 98.675 0.790
201310 0.730 98.334 0.815
201401 0.740 99.057 0.820
201404 0.660 100.373 0.722
201407 0.520 100.352 0.569
201410 0.700 99.635 0.772
201501 0.730 99.032 0.809
201504 0.550 100.333 0.602
201507 0.470 100.548 0.513
201510 0.730 100.135 0.801
201601 0.330 100.040 0.362
201604 0.360 101.355 0.390
201607 0.450 101.617 0.486
201610 0.280 101.829 0.302
201701 0.360 102.779 0.385
201704 0.330 103.256 0.351
201707 0.410 103.587 0.435
201710 0.390 104.072 0.412
201801 1.160 105.052 1.213
201804 0.640 106.148 0.662
201807 0.540 106.383 0.557
201810 0.910 106.338 0.940
201901 0.510 106.649 0.525
201904 0.510 108.048 0.518
201907 0.780 108.245 0.791
201910 0.260 108.519 0.263
202001 0.460 109.139 0.463
202004 0.530 108.175 0.538
202007 0.520 109.662 0.521
202010 0.490 109.815 0.490

Add all the adjusted EPS together and divide 10 will get our E10.

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.


HP  (NYSE:HPQ) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


HP Shiller PE Ratio Related Terms


HP Shiller PE Ratio Headlines

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