HP Inc

NYSE HPQ

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HP Inc Price to Sales Ratio (P/S) on June 03, 2024: 0.65

HP Inc Price to Sales Ratio (P/S) is 0.65 on June 03, 2024, a 26.36% change year over year. The price to sales ratio compares the market price per share of a company's stock to its sales revenue per share. It is calculated by dividing the market capitalization by the revenue, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's sales revenue. A higher ratio suggests that investors are willing to pay a higher price for each unit of sales revenue, indicating positive market sentiment and expectations for future revenue growth.

HP Inc 52-week high Price to Sales Ratio (P/S) is 0.71 on May 30, 2024, which is 8.61% above the current Price to Sales Ratio (P/S).
HP Inc 52-week low Price to Sales Ratio (P/S) is 0.46 on September 28, 2023, which is -28.92% below the current Price to Sales Ratio (P/S).
HP Inc average Price to Sales Ratio (P/S) for the last 52 weeks is 0.54.

NYSE: HPQ

HP Inc

CEO	Mr. Enrique J. Lores
IPO Date	Jan. 2, 1962
Location	United States
Headquarters	1501 Page Mill Road, Palo Alto, CA, United States, 94304
Employees	58,000
Sector	Technology
Industry	Computer hardware

Description

HP Inc. provides personal computing and other digital access devices, imaging and printing products, and related technologies, solutions, and services worldwide. The company operates through three segments: Personal Systems, Printing, and Corporate Investments. The Personal Systems segment offers commercial and consumer desktops and notebooks, workstations, commercial mobility devices, thin clients, retail point-of-sale systems, displays, software, support, and services, as well as hybrid systems, such as video conferencing solutions, cameras, headsets, voice, and related software products. The Printing segment provides consumer and commercial printer hardware, supplies, solutions, and services, as well as focuses on graphics and 3D printing and personalization solutions in the commercial and industrial markets. The Corporate Investments segment is involved in the business incubation and investment projects. It serves individual consumers, small- and medium-sized businesses, and large enterprises, including customers in the government, health, and education sectors. The company was formerly known as Hewlett-Packard Company and changed its name to HP Inc. in October 2015. HP Inc. was founded in 1939 and is headquartered in Palo Alto, California.

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