As at Nov 5, 2025, the HAL stock has a PE ratio of 17.83. This is based on the current EPS of $1.52 and the stock price of $27.1 per share. An increase of 56% has been recorded in the PE ratio compared to the average of 11.4 of the last four quarters.
HAL PE ratio history
The mean historical PE ratio of Halliburton over the last nine years is 53.04. The current 17.83 P/E ratio is 66% lower than the historical average. In the past nine years, HAL's PE ratio peaked in the Jun 2018 quarter at 450.6, with a price of $45.06 and an EPS of $0.1. The Jun 2025 quarter marked the lowest point at 9.47, with a price of $20.36 and an EPS of $2.15.
Halliburton PE ratio by year
Maximum annual increase: 75.92% in 2013
Maximum annual decrease: -55.53% in 2014
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 9.57 | -22.45% | $27.19 | $2.84 |
| 2023 | 12.34 | -45.42% | $36.15 | $2.93 |
| 2022 | 22.61 | 61.15% | $39.35 | $1.74 |
| 2021 | 14.03 | N/A | $22.87 | $1.63 |
| 2020 | N/A | N/A | $18.9 | -$3.34 |
| 2019 | N/A | N/A | $24.47 | -$1.29 |
| 2018 | 14.06 | N/A | $26.58 | $1.89 |
| 2017 | N/A | N/A | $48.87 | -$0.53 |
| 2016 | N/A | N/A | $54.09 | -$6.69 |
| 2015 | N/A | N/A | $34.04 | -$0.79 |
| 2014 | 9.52 | -55.53% | $39.33 | $4.13 |
| 2013 | 21.41 | 75.92% | $50.75 | $2.37 |
| 2012 | 12.17 | 8.95% | $34.69 | $2.85 |
| 2011 | 11.17 | -44.73% | $34.51 | $3.09 |
| 2010 | 20.21 | -14.69% | $40.83 | $2.02 |
Halliburton PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2025 | 16.18 | 70.86% | $24.6 | $1.52 |
| Jun 2025 | 9.47 | -10.41% | $20.36 | $2.15 |
| Mar 2025 | 10.57 | 10.45% | $25.37 | $2.4 |
| Dec 2024 | 9.57 | -5.43% | $27.19 | $2.84 |
| Sep 2024 | 10.12 | -9.56% | $29.05 | $2.87 |
| Jun 2024 | 11.19 | -17.66% | $33.78 | $3.02 |
| Mar 2024 | 13.59 | 10.13% | $39.42 | $2.9 |
| Dec 2023 | 12.34 | -10.71% | $36.15 | $2.93 |
| Sep 2023 | 13.82 | 14.4% | $40.5 | $2.93 |
| Jun 2023 | 12.08 | -17.15% | $32.99 | $2.73 |
| Mar 2023 | 14.58 | -35.52% | $31.64 | $2.17 |
| Dec 2022 | 22.61 | 77.19% | $39.35 | $1.74 |
| Sep 2022 | 12.76 | -35.29% | $24.62 | $1.93 |
| Jun 2022 | 19.72 | -9.91% | $31.36 | $1.59 |
| Mar 2022 | 21.89 | 56.02% | $37.87 | $1.73 |
HAL Price vs fair value
HAL average PE ratio chart
HAL's current P/E ratio is above the 3-year average, but it is lower than the 5 and 10-year averages.
PE comparison
With a P/E of 17.83, HAL stands above the Energy sector and its peers average but below the industry average. In comparison with its Energy sector average of 15.84, Halliburton's P/E is 13% higher.
HAL PE vs peers
HAL's PE ratio stands lower than its peer stock NPKI, but it is higher than SLB's and NOV's. Halliburton is presently trading at a higher PE ratio (17.83) than its peer group average of 15.86.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TTI Tetra Technologies Inc | 7.84 | $964.31M |
| OII Oceaneering International Inc | 10.03 | $2.31B |
| SLB Schlumberger Limited | 14 | $54.6B |
| NOV National Oilwell Varco Inc | 15.01 | $5.47B |
| HAL Halliburton Co | 17.83 | $22.81B |
| NPKI NPK International Inc. | 32.43 | $1.1B |
Frequently asked questions
What is Halliburton's PE ratio?
HAL's price to earnings ratio is 17.83 as of Nov 5, 2025.
What is the 3-year average PE ratio for Halliburton (HAL)?
Over the last 3 years, the average price to earnings ratio for HAL stock is 13.01.
What is the 5-year average PE ratio for Halliburton (HAL)?
Over the last 5 years, the average price to earnings ratio for HAL stock is 22.7.
What is the highest PE ratio for HAL?
In the last nine years, the Jun 2018 quarter recorded the highest quarterly PE ratio at 450.6.
How does the current PE ratio for HAL compare to its historical average?
HAL's current price to earnings ratio is 66% below its 9-year historical average.
How is HAL's PE ratio calculated (Halliburton PE ratio formula)?
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 5, 2025), Halliburton's stock price is $27.1. The earnings per share for the trailing twelve months (TTM) ending Sep 2025 is $1.52. Therefore, Halliburton's PE ratio for today is 17.83. PE RATIO(17.83) = STOCK PRICE($27.1) / TTM EPS($1.52)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.