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HPEHewlett Packard Enterprise Company

The forward PE ratio is 13.09 as of Thursday, July 9, 2026.

Forward PE Ratio (13.09) = Close Price ($49.10) / Consensus Forward EPS ($3.41)

HPE Forward PE Ratio Metrics

FORWARD PE RATIO

13.09

HPE Competitors' Forward PE Ratio

HPE

Hewlett Packard Enterprise Company

Current

Market Cap

$65.02B

Forward PE Ratio

13.09

CIEN

Ciena Corporation

vs HPE

Market Cap

$65.45B

Forward PE Ratio

67.49

STM

STMicroelectronics N.V.

vs HPE

Market Cap

$63.45B

Forward PE Ratio

N/A

MPWR

Monolithic Power Systems, Inc.

vs HPE

Market Cap

$67.51B

Forward PE Ratio

54.85

UMC

United Microelectronics Corporation

vs HPE

Market Cap

$62.01B

Forward PE Ratio

N/A

LITE

Lumentum Holdings Inc.

vs HPE

Market Cap

$61.13B

Forward PE Ratio

86.23

MSI

Motorola Solutions, Inc.

vs HPE

Market Cap

$69.26B

Forward PE Ratio

24.80

ALAB

Astera Labs, Inc. Common Stock

vs HPE

Market Cap

$71.55B

Forward PE Ratio

130.30

TEL

TE Connectivity plc

vs HPE

Market Cap

$58.06B

Forward PE Ratio

17.48

TER

Teradyne, Inc.

vs HPE

Market Cap

$56.79B

Forward PE Ratio

47.14

Trailing vs Forward

Trailing P/E

42.5

reported TTM EPS

Forward P/E

13.1

consensus next-FY EPS

The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $3.41 implies +224.8% EPS growth vs the reported trailing $1.05.

Forward P/E by Fiscal Year

View All Analyst Estimates

At today's $49.10 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.

Fiscal year endConsensus EPSEstimate rangeAnalystsImplied P/E
2026-10-31$3.41$3.35 – $3.451014.4x
2027-10-31$4.01$3.87 – $4.161112.2x
2028-10-31$4.38$3.51 – $4.87411.2x

Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.

Forward PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Forward PE Ratio FAQ

What is the forward PE ratio for Hewlett Packard Enterprise Company (HPE)?
The forward PE ratio for HPE stock is 13.09.

About Hewlett Packard Enterprise Company

Hewlett Packard Enterprise (HPE) is a global technology firm that provides comprehensive solutions, empowering clients across the Americas, Europe, the Middle East, Africa, Asia Pacific, and Japan to efficiently capture, analyze, and utilize their data. The company's diverse product range features adaptable servers for various computing demands, including general-purpose, workload-optimized, and specific lines like HPE ProLiant rack and tower servers, HPE BladeSystem, and HPE Synergy. HPE also offers a full suite of storage solutions, from traditional tape and storage networking to advanced disk products such as HPE Modular Storage Arrays and HPE XP. Additionally, its portfolio includes specialized high-performance computing (HPC) offerings like HPE Apollo and Cray, alongside critical infrastructure platforms such as HPE Superdome Flex, HPE Nonstop, HPE Integrity, and HPE Edgeline. Through its HPE Aruba division, HPE delivers extensive networking capabilities, encompassing wired and wireless local area network (LAN) hardware—including Wi-Fi access points, switches, routers, and sensors—and a range of software and services for cloud management, network access control, analytics, and location services. HPE further provides professional and support services, along with flexible as-a-service and consumption models for its intelligent edge products. To streamline technology acquisition and deployment, HPE offers various financial services, including leasing, financing, IT consumption programs, and asset management. These services enable customers to procure complete IT solutions, spanning hardware, software, and services, from both HPE and other providers. The company strategically invests in communications and media solutions and has a key partnership with Striim, Inc., to deliver high-performance, mission-critical solutions with real-time analytics. HPE serves a broad clientele, including commercial and large enterprise groups in both the business and public sectors, reaching them through an extensive network of partners such as resellers, distributors, original equipment manufacturers (OEMs), independent software vendors (ISVs), system integrators (SIs), and advisory firms. Established in 1939, Hewlett Packard Enterprise Company is headquartered in Houston, Texas.

Spring, TX
61,000 employees
Technology / Computer Hardware
Sector
Technology
Industry
Computer Hardware
CEO
Antonio Fabio Neri