Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 15.62.
Forward PE Ratio (15.62) = Close Price ($53.45) / Consensus Forward EPS ($3.42)
FORWARD PE RATIO
15.62
SECTOR MEDIAN · TECHNOLOGY
27.14
median of 147 covered companies
CURRENT VS SECTOR MEDIAN
-42.45%
vs the sector median at left
Hewlett Packard Enterprise Company
Market Cap
$70.77B
Forward PE Ratio
15.62
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Hewlett Packard Enterprise Company (HPE) | $70.77B | 15.62 |
| Lumentum Holdings Inc. (LITE)vs › | $67.43B | 105.37 |
| Synopsys, Inc. (SNPS)vs › | $76.18B | 26.92 |
| Monolithic Power Systems, Inc. (MPWR)vs › | $64.67B | 48.00 |
| Motorola Solutions, Inc. (MSI)vs › | $79.76B | 27.14 |
| TE Connectivity plc (TEL)vs › | $59.01B | 17.78 |
| Teradyne, Inc. (TER)vs › | $58.74B | 40.81 |
| Datadog, Inc. (DDOG)vs › | $83.87B | N/A |
| NXP Semiconductors N.V. (NXPI)vs › | $56.88B | 14.95 |
| Garmin Ltd. (GRMN)vs › | $56.86B | 29.27 |
Trailing P/E
50.9
reported TTM EPS
Forward P/E
15.6
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $3.42 implies +225.7% EPS growth vs the reported trailing $1.05.
At today's $53.45 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 end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-10-31 | $3.42 | $3.34 – $3.58 | 11 | 15.6x |
| 2027-10-31 | $4.04 | $3.85 – $4.54 | 11 | 13.2x |
| 2028-10-31 | $4.43 | $4.19 – $4.88 | 4 | 12.1x |
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.
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