Is HP Inc. (HPQ) Undervalued?
Based on the current stock price of $23.26 and a P/E ratio of 8.78,HP Inc. has a PEG ratio of 219.43.
The Short Answer:
Most analysts consider a PEG ratio below 1.0 to be undervalued. With a ratio of 219.43, HPQ appears to be potentially overvalued relative to its growth rate of 0.04%.
Based on a PEG ratio of 1.69 (adjusted for dividends).
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How we analyzed HPQ
We calculated the PEG (Price/Earnings-to-Growth) ratio by taking the Price-to-Earnings Ratio of 8.78and dividing it by the annual growth rate of 0.04%.
PEG = 8.78 (P/E) ÷ 0.04 (Growth) = 219.43
Frequently Asked Questions about HPQ
What is the current PEG Ratio for HP Inc. (HPQ)?+
The current PEG Ratio for HP Inc. is 219.43. A PEG ratio below 1.0 generally suggests the stock may be undervalued relative to its growth.
Is HPQ stock undervalued right now?+
Based on the PEG ratio of 219.43, HP Inc. appears to be potentially overvalued. Investors typically look for a PEG ratio below 1.0 to find undervalued growth stocks.
What is the PEGY Ratio for HPQ?+
The PEGY ratio for HP Inc. is 1.69. This metric accounts for dividend yield (5.16%), providing a more complete valuation picture.