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HAL Halliburton PE ratio, current and historical analysis

As at Jul 22, 2024, the HAL stock has a PE ratio of 11.51. This is based on the current EPS of $2.9 and the stock price of $33.39 per share. A decrease of 11% has been recorded in the PE ratio compared to the average of 13.0 of the last four quarters.

HAL PE ratio history

How has HAL's PE ratio performed in the past

The mean historical PE ratio of Halliburton over the last ten years is 59.97. The current 11.51 P/E ratio is 81% 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

What is the average PE ratio of HAL for the past years

HAL's current P/E ratio is lower than the 3, 5 and 10-year averages.

3-year avg
5-year avg
10-year avg
15-year avg

HAL PE vs peers

What is HAL's PE ratio compared to its 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 (11.51) than its peer group average of 17.71.

Stock name PE ratio Market cap
NOV National Oilwell Varco Inc 7.47 $7.38B
HAL Halliburton Co 11.52 $29.58B
SLB Schlumberger Limited 16.15 $70.42B
TTI Tetra Technologies Inc 22.44 $470.79M
OII Oceaneering International Inc 24.37 $2.67B
NR Newpark Resources Inc 40.38 $688M

Frequently asked questions

What is Halliburton's PE ratio?

HAL's price to earnings ratio is 11.51 as of Jul 22, 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 18.68.

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 27.33.

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 81% 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 (Jul 22, 2024), Halliburton's stock price is $33.39. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.9. Therefore, Halliburton's PE ratio for today is 11.51. PE RATIO(11.51) = STOCK PRICE($33.39) / TTM EPS($2.9)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.