As at Apr 25, 2024, the HAL stock has a PE ratio of 13.35. This is based on the current EPS of $2.9 and the stock price of $38.72 per share. An increase of 3% has been recorded in the PE ratio compared to the average of 13.0 of the last four quarters.
The mean historical PE ratio of Halliburton over the last ten years is 58.42. The current 13.35 P/E ratio is 77% 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.
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's current P/E ratio is lower than the 3, 5 and 10-year averages.
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 (13.35) than its peer group average of 17.84.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NOV National Oilwell Varco Inc | 7.49 | $7.47B |
| HAL Halliburton Co | 13.35 | $34.28B |
| SLB Schlumberger Limited | 16.21 | $70.67B |
| TTI Tetra Technologies Inc | 22.35 | $582.95M |
| OII Oceaneering International Inc | 25.31 | $2.47B |
| NR Newpark Resources Inc | 42.82 | $620.27M |
HAL's price to earnings ratio is 13.35 as of Apr 25, 2024.
Over the last 3 years, the average price to earnings ratio for HAL stock is 28.46.
Over the last 5 years, the average price to earnings ratio for HAL stock is 26.45.
In the last ten years, the Jun 2018 quarter recorded the highest quarterly PE ratio at 450.6.
HAL's current price to earnings ratio is 77% below its 10-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Apr 25, 2024), Halliburton's stock price is $38.72. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.9. Therefore, Halliburton's PE ratio for today is 13.35. PE RATIO(13.35) = STOCK PRICE($38.72) / TTM EPS($2.9)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.