Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 13.97 as of Sunday, July 26, 2026.
Forward PE Ratio (13.97) = Close Price ($47.69) / Consensus Forward EPS ($3.41)
FORWARD PE RATIO
13.97
SECTOR MEDIAN · TECHNOLOGY
26.26
median of 149 covered companies
CURRENT VS SECTOR MEDIAN
-46.80%
vs the sector median at left
Hewlett Packard Enterprise Company
Market Cap
$63.15B
Forward PE Ratio
13.97
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Hewlett Packard Enterprise Company (HPE) | $63.15B | 13.97 |
| Monolithic Power Systems, Inc. (MPWR)vs › | $65.53B | 55.37 |
| Lumentum Holdings Inc. (LITE)vs › | $59.36B | 92.76 |
| TE Connectivity plc (TEL)vs › | $59.24B | 17.76 |
| NXP Semiconductors N.V. (NXPI)vs › | $67.98B | 18.13 |
| Motorola Solutions, Inc. (MSI)vs › | $69.36B | 24.63 |
| Ciena Corporation (CIEN)vs › | $55.34B | 59.84 |
| Synopsys, Inc. (SNPS)vs › | $71.51B | 25.26 |
| Teradyne, Inc. (TER)vs › | $54.78B | 46.02 |
| Keysight Technologies, Inc. (KEYS)vs › | $54.46B | 31.31 |
Trailing P/E
45.4
reported TTM EPS
Forward P/E
14.0
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.
At today's $47.69 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 | $3.41 | $3.35 – $3.45 | 10 | 14.0x |
| 2027-10-31 | $4.01 | $3.87 – $4.16 | 11 | 11.9x |
| 2028-10-31 | $4.38 | $3.52 – $4.87 | 4 | 10.9x |
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
