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• If you are wondering whether HP’s current share price offers value or just more volatility, starting with a clear view of what you are paying for each dollar of its business can help frame the decision.

• At a last close of US$19.76, the stock has seen a 0.9% move over the past week and 1.6% over the past month, set against a year to date return of a 10.7% decline and a 1 year return of an 18.2% decline.

• These price moves sit alongside ongoing attention on HP’s positioning in the PC and printing markets and how it is competing within the broader tech sector. Recent commentary has focused on…