HAL Halliburton PE ratio, current and historical analysis
As at Oct 21, 2024, the HAL stock has a PE ratio of 9.36. This is based on the current EPS of $3.02 and the stock price of $28.26 per share. A decrease of 27% has been recorded in the PE ratio compared to the average of 12.7 of the last four quarters.
HAL PE ratio history
The mean historical PE ratio of Halliburton over the last ten years is 59.76. The current 9.36 P/E ratio is 84% 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 Dec 2014 quarter marked the lowest point at 9.52, with a price of $39.33 and an EPS of $4.13.
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. Halliburton is presently trading at a lower PE ratio (9.36) than its peer group average of 16.34.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NOV National Oilwell Varco Inc | 5.74 | $6.05B |
| HAL Halliburton Co | 9.37 | $24.98B |
| SLB Schlumberger Limited | 13.55 | $59.62B |
| OII Oceaneering International Inc | 19.47 | $2.43B |
| NR Newpark Resources Inc | 25.83 | $603.1M |
| TTI Tetra Technologies Inc | 38.56 | $405.52M |
Frequently asked questions
What is Halliburton's PE ratio?
HAL's price to earnings ratio is 9.36 as of Oct 21, 2024.
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 15.33.
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 27.13.
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 84% below its 10-year historical average.
Why is Halliburton's PE ratio so low?
HAL's PE ratio of 9.36 is considered low because the company's stock price is trading at a lower multiple of earnings.
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 (Oct 21, 2024), Halliburton's stock price is $28.26. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $3.02. Therefore, Halliburton's PE ratio for today is 9.36. PE RATIO(9.36) = STOCK PRICE($28.26) / TTM EPS($3.02)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.