HP (XSWX:HPQ) EV-to-EBITDA: 7.91 (As of Aug. 03, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XSWX:HPQ HP Inc XSWX:HPQ
74 GF Score
Price CHF21.74
GF Value CHF26.05
! 7 Warning Signs
View Full Analysis

What is HP EV-to-EBITDA?

HP XSWX:HPQ +0.67% 74 EV-to-EBITDA is 7.91 as of Aug. 03, 2026, which is 0% below its 10-year median of 7.92. GuruFocus rates XSWX:HPQ with a GF Score™ of 74/100 and a GF Value™ of CHF26.05. The stock has 7 warning signs investors should review. Among 1,892 Hardware companies, HP ranks better than 71.88% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, HP's enterprise value is CHF25,879 Mil. HP's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 was CHF3,274 Mil. Therefore, HP's EV-to-EBITDA for today is 7.91.

The historical rank and industry rank for HP's EV-to-EBITDA or its related term are showing as below:

XSWX:HPQ' s EV-to-EBITDA Range Over the Past 10 Years
Min: 3.87   Med: 7.92   Max: 11.45
Current: 7.78

During the past 13 years, the highest EV-to-EBITDA of HP was 11.45. The lowest was 3.87. And the median was 7.92.

XSWX:HPQ's EV-to-EBITDA is ranked better than
71.88% of 1892 companies
in the Hardware industry
Industry Median: 14.7 vs XSWX:HPQ: 7.78

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-03), HP's stock price is CHF21.735. HP's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was CHF2.153. Therefore, HP's PE Ratio (TTM) for today is 10.10.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


HP  (XSWX:HPQ) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

HP's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=21.735/2.153
=10.10

HP's share price for today is CHF21.735.
HP's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF2.153.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


HP EV-to-EBITDA Related Terms


HP EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for HP's EV-to-EBITDA 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 EV-to-EBITDA Chart

HP Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.37 6.63 7.53 8.70 7.90

HP Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
EV-to-EBITDA 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 7.75 7.44 7.90 6.24 6.36

XSWX:HPQ vs P, SMCI, IONQ: EV-to-EBITDA Comparison

For the Computer Hardware subindustry, HP's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA vs Hardware Industry

For the Hardware industry and Technology sector, HP's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where HP's EV-to-EBITDA falls into.


XSWX:HPQ
74GF Score
HP Inc XSWX:HPQ
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HP EV-to-EBITDA Calculation

HP's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=25878.919/3273.551
=7.91

HP's current Enterprise Value is CHF25,879 Mil.
HP's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF3,274 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 7.91 mean?
HP (XSWX:HPQ) has a EV-to-EBITDA of 7.91 as of Aug. 03, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on HP. This is near median its historical median of 7.92. Over the past decade, HP's EV-to-EBITDA has ranged from 3.87 to 11.45. According to the industry distribution chart, HP ranks #532 out of 1892 companies in the Hardware industry, placing it in the top 28.1%.
Is HP's EV-to-EBITDA too high?
HP's current EV-to-EBITDA of 7.91 is near median its 10-year median of 7.92. Over the past 10 years, this metric has ranged from a low of 3.87 to a high of 11.45. The Hardware industry median EV-to-EBITDA is 14.70. HP's value of 7.91 is 46.2% below this industry median. Based on the distribution chart, HP ranks #532 out of 1892 companies in the Hardware industry, which is above the industry midpoint. Overall, HP has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does HP's EV-to-EBITDA compare to P and SMCI?
According to the Hardware industry distribution chart, HP ranks #532 out of 1892 companies for EV-to-EBITDA. This puts HP in the upper half of its industry. The industry median EV-to-EBITDA is 14.70. HP's value of 7.91 is 46.2% below this benchmark. Historically, HP's own EV-to-EBITDA has ranged from 3.87 to 11.45 over the past decade. While the company's 10-year median is 7.92 vs. the industry median of 14.70, HP has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Hardware company?
The median EV-to-EBITDA among Hardware companies is 14.70, based on 1,892 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HP's current EV-to-EBITDA of 7.91 is 46.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on HP. For the Hardware industry, the median EV-to-EBITDA is 14.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HP's current EV-to-EBITDA is 7.91, which is near median its own 10-year median of 7.92. 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?
HP (XSWX:HPQ) has a current EV-to-EBITDA of 7.91. The stock's GF Value™ is CHF26.05, compared to a current price of CHF21.74 — trading 16.6% below its estimated fair value. The current EV-to-EBITDA is 7.91, which is near median its 10-year median of 7.92 and 46.2% below the Hardware industry median of 14.70. HP's overall GF Score™ is 74/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For HP (XSWX:HPQ), the current EV-to-EBITDA is 7.91 as of Aug. 03, 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 (XSWX:HPQ) Overvalued in 2026?

Based on GuruFocus' analysis, HP stock appears to be undervalued. The current stock price of CHF21.74 is trading 16.6% below its estimated GF Value™ of CHF26.05.

Key valuation signals for XSWX:HPQ:

  • EV-to-EBITDA: 7.91 (near median its 10-year median of 7.92)
  • GF Value™: CHF26.05 vs. price of CHF21.74 (16.6% below fair value)
  • GF Score™: 74/100 with 7 warning signs
  • Industry Position: 46.2% below the Hardware median (#532 of 1892)

No single metric tells the full story. See the XSWX: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.
74GF Score

Get the complete analysis for XSWX:HPQ

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

CHF21.74
Price
CHF26.05
GF Value