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HP Shiller PE Ratio

: 18.54 (As of Today)
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As of today (2022-08-18), HP's current share price is $35.23. HP's E10 for the quarter that ended in Apr. 2022 was $1.90. HP's Shiller PE Ratio for today is 18.54.

The historical rank and industry rank for HP's Shiller PE Ratio or its related term are showing as below:

HPQ' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.38   Med: 8.78   Max: 23.25
Current: 18.54

During the past years, HP's highest Shiller PE Ratio was 23.25. The lowest was 3.38. And the median was 8.78.

HPQ's Shiller PE Ratio is ranked better than
60.54% of 1285 companies
in the Hardware industry
Industry Median: 23.28 vs HPQ: 18.54

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 Apr. 2022 was $0.940. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.90 for the trailing ten years ended in Apr. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


HP Shiller PE Ratio Historical Data

The historical data trend for HP's Shiller PE 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.

HP Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.16 12.52 9.69 11.40 16.69

HP Quarterly Data
Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22
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 22.27 18.68 16.69 19.79 19.26

Competitive Comparison

For the Computer Hardware subindustry, HP's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.

   

HP Shiller PE Ratio Distribution

For the Hardware industry and Technology sector, HP's Shiller PE Ratio distribution charts can be found below:

* 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
=35.23/1.9
=18.54

* 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.

HP's E10 for the quarter that ended in Apr. 2022 is calculated as:

For example, HP's adjusted earnings per share data for the three months ended in Apr. 2022 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Apr. 2022 (Change)*Current CPI (Apr. 2022)
=0.94/121.9782*121.9782
=0.940

Current CPI (Apr. 2022) = 121.9782.

HP Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201207 -4.490 96.661 -5.666
201210 -3.480 97.595 -4.349
201301 0.630 97.158 0.791
201304 0.550 98.107 0.684
201307 0.710 98.557 0.879
201310 0.730 98.536 0.904
201401 0.740 98.692 0.915
201404 0.660 100.023 0.805
201407 0.520 100.520 0.631
201410 0.700 100.176 0.852
201501 0.730 98.604 0.903
201504 0.550 99.824 0.672
201507 0.470 100.691 0.569
201510 0.730 100.346 0.887
201601 0.330 99.957 0.403
201604 0.360 100.947 0.435
201607 0.450 101.524 0.541
201610 0.280 101.988 0.335
201701 0.360 102.456 0.429
201704 0.330 103.167 0.390
201707 0.410 103.278 0.484
201710 0.390 104.070 0.457
201801 1.160 104.578 1.353
201804 0.640 105.708 0.739
201807 0.540 106.324 0.620
201810 0.910 106.695 1.040
201901 0.510 106.200 0.586
201904 0.510 107.818 0.577
201907 0.780 108.250 0.879
201910 0.260 108.577 0.292
202001 0.460 108.841 0.516
202004 0.530 108.173 0.598
202007 0.520 109.318 0.580
202010 0.490 109.861 0.544
202101 0.830 110.364 0.917
202104 0.980 112.673 1.061
202107 0.920 115.183 0.974
202110 2.710 116.696 2.833
202201 0.990 118.619 1.018
202204 0.940 121.978 0.940

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

Thank you for viewing the detailed overview of HP's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


HP Business Description

HP logo
Address
1501 Page Mill Road, Palo Alto, CA, USA, 94304
HP Inc. is a leading provider of computers, printers, and printer supplies. The company's three operating business segments are its personal systems, containing notebooks, desktops, and workstations; and its printing segment which contains supplies, consumer hardware, and commercial hardware; and corporate investments. In 2015, Hewlett-Packard was separated into HP Inc. and Hewlett Packard Enterprise and the Palo Alto, California-based company sells on a global scale.
Executives
Rucker Kim K.w. director KRAFT FOODS GROUP, INC. THREE LAKES DRIVE NORTHFIELD IL 60093
Clemmer Richard L director P O BOX 34552 LAS VEGAS NV 89129
Miscik Judith A director 300 RENAISSANCE CENTER M/C: 482-C24-A68 DETROIT MI 48265
Faust Jonathan P officer: Global Controller C/O HP INC 1501 PAGE MILL ROAD PALO ALTO CA 94304
Buffett Warren E 10 percent owner 3555 FARNAM ST STE 1440 OMAHA NE 68131
Berkshire Hathaway Inc 10 percent owner 3555 FARNAM STREET OMAHA NE 68131
Broussard Bruce D director 500 W. MAIN STREET C/O HUMANA LAW DEPT. LOUISVILLE KY 40202
Cho Alex officer: President, Personal Systems HP 1501 PAGE MILL ROAD PALO ALTO CA 94304
Anderson Harvey officer: Chief Legal Officer & Sec C/O HP INC. 1501 PAGE MILL RD PALO ALTO CA 94304
Ludgate Kristen M officer: Chief People Officer 3M COMPANY OFFICE OF GENERAL COUNSEL 3M CENTER ST. PAUL MN 55144-1000
Weiszhaar Barbara Barton officer: Acting Controller C/O HP INC. 1501 PAGE MILL ROAD PALO ALTO CA 93404
Mohr Cheryl A. officer: Acting Chief HR Officer C/O HP INC. 1501 PAGE MILL RD PALO ALTO CA 94304
Schell Christoph officer: Chief Commercial Officer 1501 PAGE MILL ROAD PALO ALTO CA 94304
Tran Tuan officer: President of Printing 1501 PAGE MILL ROAD PALO ALTO CA 94304
Matsuoka Yoky director HP 1501 PAGE MILL ROAD PALO ALTO CA 94304

HP Headlines

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