I can't find anything that states this unambiguously in the documentation, unless I've missed it (which is entirely possible), but:
Does an increment of 1 in the HPET main counter value represent (at least in principle, because obviously the reality of clock implementations is constrained by physical uncertainty and tolerances and resolution, etc.) the passage of:
1 femtosecond
1 "General Capabilities and ID Register"->"COUNTER_CLK_PERIOD"
Something else
?
Understanding HPET main counter value
Re: Understanding HPET main counter value
That is precisely what "period time" means. So option number two!
Carpe diem!