HP (MEX:HPQ) E10: MXN58.08 (As of Apr. 2026)


MEX:HPQ HP Inc MEX:HPQ
70 GF Score
Price MXN395.00
GF Value MXN561.94
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is HP E10?

HP MEX:HPQ -3.47% 70 E10 is MXN58.08 as of Apr. 2026. GuruFocus rates MEX:HPQ with a GF Score™ of 70/100 and a GF Value™ of MXN561.94 (Possible Value Trap). The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E 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. 2026 was MXN8.583. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN58.08 for the trailing ten years ended in Apr. 2026.

During the past 12 months, HP's average E10 Growth Rate was 4.10% per year. During the past 3 years, the average E10 Growth Rate was 1.30% per year. During the past 5 years, the average E10 Growth Rate was 16.30% per year. During the past 10 years, the average E10 Growth Rate was 5.90% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of HP was 26.30% per year. The lowest was -6.50% per year. And the median was 3.80% per year.

As of today (2026-06-29), HP's current stock price is MXN395.00. HP's E10 for the quarter that ended in Apr. 2026 was MXN58.08. HP's Shiller PE Ratio of today is 6.80.

During the past 13 years, the highest Shiller PE Ratio of HP was 23.25. The lowest was 5.64. And the median was 10.30.


HP  (MEX:HPQ) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E 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 P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=395.00/58.08
=6.80

* 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 Shiller P/E Ratio of HP was 23.25. The lowest was 5.64. And the median was 10.30.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


HP E10 Related Terms


HP E10 Historical Data

* Premium members only.

The historical data trend for HP's E10 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 E10 Chart

HP Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.90 60.86 57.97 65.86 60.34

HP Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
E10 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 61.56 61.42 60.34 55.83 58.08

MEX:HPQ vs SMCI, P, IONQ: E10 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 vs Hardware Industry

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.


MEX:HPQ
70GF Score
HP Inc MEX:HPQ
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HP E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

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

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

Adj_EPS= Earnings per Share (Diluted) /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=8.583/333.0200*333.0200
=8.583

Current CPI (Apr. 2026) = 333.0200.

HP Quarterly Data

per share eps CPI Adj_EPS
201607 8.442 240.628 11.683
201610 5.261 241.729 7.248
201701 7.501 242.839 10.287
201704 6.248 244.524 8.509
201707 7.322 244.786 9.961
201710 7.460 246.663 10.072
201801 21.601 247.867 29.022
201804 12.014 250.546 15.969
201807 10.043 252.006 13.272
201810 18.432 252.885 24.273
201901 9.717 251.712 12.856
201904 9.687 255.548 12.624
201907 14.815 256.571 19.229
201910 4.985 257.346 6.451
202001 8.689 257.971 11.217
202004 12.709 256.389 16.508
202007 11.558 259.101 14.855
202010 10.425 260.388 13.333
202101 16.812 261.582 21.403
202104 19.766 267.054 24.648
202107 18.258 273.003 22.272
202110 55.693 276.589 67.056
202201 20.431 281.148 24.201
202204 19.137 289.109 22.044
202207 21.992 296.276 24.719
202210 -0.040 298.012 -0.045
202301 8.835 299.170 9.835
202304 19.067 303.363 20.931
202307 12.706 305.691 13.842
202310 17.511 307.671 18.954
202401 10.649 308.417 11.498
202404 10.409 313.548 11.055
202407 12.088 314.540 12.798
202410 18.629 315.664 19.653
202501 12.171 317.671 12.759
202504 8.228 320.795 8.542
202507 15.038 323.048 15.502
202510 15.579 0.000
202601 10.063 325.252 10.303
202604 8.583 333.020 8.583

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of MXN58.08 mean?
HP (MEX:HPQ) has a E10 of MXN58.08 as of Apr. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on HP and its competitors.
Is HP's E10 too high?
HP's current E10 is MXN58.08. Overall, HP has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HP's E10 compare to SMCI and P?
HP's E10 of MXN58.08 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 E10 for a Hardware company?
A good E10 depends on the Hardware industry context. However, E10 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 E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on HP and its competitors. HP's current E10 is MXN58.08. 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 Possible Value Trap. The stock's GF Value™ is MXN561.94, compared to a current price of MXN395.00 — trading 29.7% below its estimated fair value. The current E10 is MXN58.08. HP's overall GF Score™ is 70/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For HP (MEX:HPQ), the current E10 is MXN58.08 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 MXN395.00 is trading 29.7% below its estimated GF Value™ of MXN561.94. GuruFocus considers HP to be Possible Value Trap.

Key valuation signals for MEX:HPQ:

  • E10: MXN58.08
  • GF Value™: MXN561.94 vs. price of MXN395.00 (29.7% below fair value)
  • GF Score™: 70/100 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.
70GF Score

Get the complete analysis for MEX:HPQ

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN395.00
Price
MXN561.94
GF Value