HAL Halliburton PE ratio, current and historical analysis
As at Jan 21, 2025, the HAL stock has a PE ratio of 10.29. This is based on the current EPS of $2.87 and the stock price of $29.53 per share. A decrease of 13% has been recorded in the PE ratio compared to the average of 11.8 of the last four quarters.
HAL PE ratio history
The mean historical PE ratio of Halliburton over the last ten years is 59.78. The current 10.29 P/E ratio is 83% lower than the historical average. In the past ten 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 Sep 2024 quarter marked the lowest point at 10.12, with a price of $29.05 and an EPS of $2.87.
Halliburton PE ratio by year
Maximum annual increase: 61.15% in 2022
Maximum annual decrease: -55.53% in 2014
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 12.34 | -45.42% |
| 2022 | 22.61 | 61.15% |
| 2021 | 14.03 | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | 14.06 | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | 9.52 | -55.53% |
HAL average PE ratio chart
HAL's current P/E ratio is lower than the 3, 5 and 10-year averages.
HAL PE vs peers
HAL's PE ratio stands lower than its peer stocks SLB and OII, but it is higher than NOV's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NOV National Oilwell Varco Inc | 5.57 | $5.9B |
| HAL Halliburton Co | 10.05 | $25.33B |
| SLB Schlumberger Limited | 13.32 | $59.24B |
| OII Oceaneering International Inc | 19.85 | $2.69B |
| TTI Tetra Technologies Inc | 234 | $616.87M |
| NR Newpark Resources Inc | N/A | $657.38M |
Frequently asked questions
What is Halliburton's PE ratio?
HAL's price to earnings ratio is 10.29 as of Jan 21, 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 14.97.
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 25.91.
What is the highest PE ratio for HAL?
In the last ten 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 83% below its 10-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 (Jan 21, 2025), Halliburton's stock price is $29.53. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.87. Therefore, Halliburton's PE ratio for today is 10.29. PE RATIO(10.29) = STOCK PRICE($29.53) / TTM EPS($2.87)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.