As at May 28, 2025, the HAL stock has a PE ratio of 8.28. This is based on the current EPS of $2.4 and the stock price of $19.86 per share. A decrease of 20% has been recorded in the PE ratio compared to the average of 10.4 of the last four quarters.
HAL PE ratio history
The mean historical PE ratio of Halliburton over the last ten years is 57.53. The current 8.28 P/E ratio is 86% 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 2024 quarter marked the lowest point at 9.57, with a price of $27.19 and an EPS of $2.84.
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 |
|---|---|---|---|---|
| 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 |
| Dec 2021 | 14.03 | -70.8% | $22.87 | $1.63 |
| Sep 2021 | 48.04 | -64.68% | $21.62 | $0.45 |
HAL Price vs fair value
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 and TTI's. Halliburton's current PE ratio of 8.28 is similar to the average of its peer group, which is 8.28.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TTI Tetra Technologies Inc | 3.18 | $359.3M |
| NOV National Oilwell Varco Inc | 8.13 | $4.58B |
| HAL Halliburton Co | 8.28 | $17.07B |
| OII Oceaneering International Inc | 10.54 | $1.92B |
| SLB Schlumberger Limited | 11.27 | $45.67B |
| NPKI NPK International Inc. | N/A | $685.48M |
Frequently asked questions
What is Halliburton's PE ratio?
HAL's price to earnings ratio is 8.28 as of May 28, 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 13.58.
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 23.93.
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 86% below its 10-year historical average.
Why is Halliburton's PE ratio so low?
HAL's PE ratio of 8.28 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 (May 28, 2025), Halliburton's stock price is $19.86. The earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $2.4. Therefore, Halliburton's PE ratio for today is 8.28. PE RATIO(8.28) = STOCK PRICE($19.86) / TTM EPS($2.4)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.