HP (MEX:HPQ) Cyclically Adjusted Revenue per Share: MXN967.46 (As of Apr. 2026)

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MEX:HPQ HP Inc MEX:HPQ
71 GF Score
Price MXN453.49
GF Value MXN564.87
Valuation Modestly Undervalued
! 5 Warning Signs
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What is HP Cyclically Adjusted Revenue per Share?

HP MEX:HPQ +3.69% 71 Cyclically Adjusted Revenue per Share is MXN967.46 as of Apr. 2026. GuruFocus rates MEX:HPQ with a GF Score™ of 71/100 and a GF Value™ of MXN564.87 (Modestly Undervalued). The stock has 5 warning signs investors should review.

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

HP's adjusted revenue per share for the three months ended in Apr. 2026 was MXN272.835. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is MXN967.46 for the trailing ten years ended in Apr. 2026.

During the past 12 months, HP's average Cyclically Adjusted Revenue Growth Rate was 8.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 0.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of HP was 12.40% per year. The lowest was -2.30% per year. And the median was 7.80% per year.

As of today (2026-07-26), HP's current stock price is MXN453.49. HP's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was MXN967.46. HP's Cyclically Adjusted PS Ratio of today is 0.47.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of HP was 0.87. The lowest was 0.28. And the median was 0.50.


HP  (MEX:HPQ) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

HP's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=453.49/967.46
=0.47

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of HP was 0.87. The lowest was 0.28. And the median was 0.50.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


HP Cyclically Adjusted Revenue per Share Related Terms


HP Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for HP's Cyclically Adjusted Revenue per Share 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.

HP Cyclically Adjusted Revenue per Share Chart

HP Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 918.95 924.02 846.06 1,011.09 984.89

HP Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Cyclically Adjusted Revenue per Share 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 982.64 985.31 984.89 917.63 967.46

MEX:HPQ vs SMCI, P, IONQ: Cyclically Adjusted Revenue per Share Comparison

For the Computer Hardware subindustry, HP'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.


HP Cyclically Adjusted PS Ratio vs Hardware Industry

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

* The bar in red indicates where HP's Cyclically Adjusted PS Ratio falls into.


MEX:HPQ
71GF Score
HP Inc MEX:HPQ
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HP Cyclically Adjusted Revenue per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, HP's adjusted Revenue per Share data for the three months ended in Apr. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=272.835/333.0200*333.0200
=272.835

Current CPI (Apr. 2026) = 333.0200.

HP Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 129.337 240.628 178.997
201610 135.818 241.729 187.111
201701 153.560 242.839 210.586
201704 137.213 244.524 186.872
201707 137.604 244.786 187.204
201710 157.359 246.663 212.451
201801 161.970 247.867 217.614
201804 159.695 250.546 212.263
201807 167.658 252.006 221.556
201810 194.402 252.885 256.005
201901 178.853 251.712 236.626
201904 173.572 255.548 226.192
201907 183.922 256.571 238.724
201910 198.932 257.346 257.429
202001 189.133 257.971 244.156
202004 207.635 256.389 269.694
202007 223.260 259.101 286.954
202010 239.210 260.388 305.935
202101 245.096 261.582 312.032
202104 256.795 267.054 320.227
202107 253.065 273.003 308.699
202110 300.380 276.589 361.665
202201 321.213 281.148 380.477
202204 316.120 289.109 364.134
202207 288.191 296.276 323.932
202210 290.907 298.012 325.080
202301 260.416 299.170 289.881
202304 232.630 303.363 255.372
202307 220.174 305.691 239.858
202310 248.692 307.671 269.182
202401 226.016 308.417 244.046
202404 220.628 313.548 234.329
202407 253.959 314.540 268.880
202410 289.057 315.664 304.950
202501 291.091 317.671 305.156
202504 270.919 320.795 281.243
202507 274.507 323.048 282.981
202510 286.697 0.000
202601 268.765 325.252 275.184
202604 272.835 333.020 272.835

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

What does a Cyclically Adjusted Revenue per Share of MXN967.46 mean?
HP (MEX:HPQ) has a Cyclically Adjusted Revenue per Share of MXN967.46 as of Apr. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on HP and its competitors.
Is HP's Cyclically Adjusted Revenue per Share too high?
HP's current Cyclically Adjusted Revenue per Share is MXN967.46. Overall, HP has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HP's Cyclically Adjusted Revenue per Share compare to SMCI and P?
HP's Cyclically Adjusted Revenue per Share of MXN967.46 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Hardware company?
A good Cyclically Adjusted Revenue per Share depends on the Hardware industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on HP and its competitors. HP's current Cyclically Adjusted Revenue per Share is MXN967.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HP stock overvalued right now?
Based on GuruFocus' analysis, HP (MEX:HPQ) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN564.87, compared to a current price of MXN453.49 — trading 19.7% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is MXN967.46. HP's overall GF Score™ is 71/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For HP (MEX:HPQ), the current Cyclically Adjusted Revenue per Share is MXN967.46 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is HP (MEX:HPQ) Overvalued in 2026?

Based on GuruFocus' analysis, HP stock appears to be undervalued. The current stock price of MXN453.49 is trading 19.7% below its estimated GF Value™ of MXN564.87. GuruFocus considers HP to be Modestly Undervalued.

Key valuation signals for MEX:HPQ:

  • Cyclically Adjusted Revenue per Share: MXN967.46
  • GF Value™: MXN564.87 vs. price of MXN453.49 (19.7% below fair value)
  • GF Score™: 71/100 with 5 warning signs

No single metric tells the full story. See the MEX:HPQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HP Business Description

Address 1501 Page Mill Road, Palo Alto, CA, USA, 94304
HP (formerly Hewlett-Packard) is a behemoth in the PC and printing markets. It has focused on these markets since it exited IT infrastructure in 2015 with the split from Hewlett Packard Enterprise. HP focuses on the commercial market, but maintains sales of consumer devices and printers. The firm has a broad and global customer base, with only one third of sales coming from the US. HP completely outsources manufacturing and relies heavily on channel partners for its sales and marketing.
71GF Score

Get the complete analysis for MEX:HPQ

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN453.49
Price
MXN564.87
GF Value