Back to HAL overview

HAL Halliburton PE ratio, current and historical analysis

As at Feb 28, 2024, the HAL stock has a PE ratio of 11.93. This is based on the current EPS of $2.93 and the stock price of $34.95 per share. A decrease of 10% has been recorded in the PE ratio compared to the average of 13.2 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 58.62. The current 11.93 P/E ratio is 80% 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.

Average
58.62
Median
16.56
Minimum
9.52
Maximum
450.6

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
29.81
5-year avg
26.52
10-year avg
58.62
15-year avg
39.98

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 (11.93) than its peer group average of 16.21.

Stock name PE ratio Market cap
NOV National Oilwell Varco Inc 6.68 $6.66B
HAL Halliburton Co 11.97 $31.22B
SLB Schlumberger Limited 16.38 $68.99B
TTI Tetra Technologies Inc 19.5 $508.62M
OII Oceaneering International Inc 20.37 $1.99B
NR Newpark Resources Inc 37.74 $546.57M

Frequently asked questions

What is Halliburton's PE ratio?

HAL's price to earnings ratio is 11.93 as of Feb 28, 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 29.81.

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 26.52.

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 80% 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 (Feb 28, 2024), Halliburton's stock price is $34.95. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $2.93. Therefore, Halliburton's PE ratio for today is 11.93. PE RATIO(11.93) = STOCK PRICE($34.95) / TTM EPS($2.93)

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