Is Hewlett Packard Enterprise Co. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Hewlett Packard Enterprise Co. has moved from attractive to very expensive. This indicates that the company is overvalued at present. Key valuation ratios include a P/E ratio of 8, an EV to EBITDA of 6.48, and a PEG ratio of 0.15, which suggest that while the company may appear cheap on some metrics, the overall valuation context points to a premium being paid.
In comparison to peers, Dell Technologies, Inc. has a P/E ratio of 20.77, while HP, Inc. shows a P/E of 8.89, highlighting that Hewlett Packard Enterprise Co. is priced similarly to HP but significantly lower than Dell. The recent stock performance shows that Hewlett Packard Enterprise Co. has underperformed the S&P 500 over the past week and month, with returns of -5.90% and -7.16%, respectively, while it has outperformed on a year-to-date basis with a return of 7.54% compared to the S&P 500's 13.30%.