As at Jul 31, 2026, the HAL stock has a PE ratio of 16.97. This is based on the current EPS of $1.9 and the stock price of $32.25 per share. A decrease of 9% has been recorded in the PE ratio compared to the average of 18.6 of the last four quarters.
HAL PE ratio history
The mean historical PE ratio of Halliburton over the last nine years is 49.43. The current 16.97 P/E ratio is 66% lower than the historical average. In the past nine 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 Jun 2025 quarter marked the lowest point at 9.47, with a price of $20.36 and an EPS of $2.15.
Halliburton PE ratio by year
Maximum annual increase: 96.87% in 2025
Maximum annual decrease: -55.53% in 2014
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 18.84 | 96.87% | $28.26 | $1.5 |
| 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 |
Halliburton PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Jun 2026 | 17.87 | -17.04% | $33.95 | $1.9 |
| Mar 2026 | 21.54 | 14.33% | $38.99 | $1.81 |
| Dec 2025 | 18.84 | 16.44% | $28.26 | $1.5 |
| Sep 2025 | 16.18 | 70.86% | $24.6 | $1.52 |
| Jun 2025 | 9.47 | -10.41% | $20.36 | $2.15 |
| 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 |
HAL Price vs fair value
HAL average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
HAL's current P/E ratio is above the 3 and 5-year averages, but it is lower than the 10-year average.
PE comparison
With a P/E of 16.97, HAL stands above the Energy sector average but below the industry average. But in comparison with its Energy sector average of 16.75, Halliburton's P/E is only 1.3% higher.
HAL PE vs peers
HAL's PE ratio stands lower than its peer stocks SLB and NOV, but it is higher than OII's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| OII Oceaneering International Inc | 13.87 | $4.83B |
| HAL Halliburton Company | 16.82 | $26.63B |
| SLB SLB | 23.69 | $73.14B |
| NPKI NPK International Inc. | 26.27 | $1.12B |
| NOV NOV Inc | 72.04 | $6.93B |
| TTI Tetra Technologies Inc | 195.88 | $1.06B |
Frequently asked questions
What is Halliburton's PE ratio?
HAL's price to earnings ratio is 16.97 as of Jul 31, 2026.
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 13.76.
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 16.54.
What is the highest PE ratio for HAL?
In the last nine 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 66% below its 9-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 31, 2026), Halliburton's stock price is $32.25. The earnings per share for the trailing twelve months (TTM) ending Jun 2026 is $1.9. Therefore, Halliburton's PE ratio for today is 16.97. PE RATIO(16.97) = STOCK PRICE($32.25) / TTM EPS($1.9)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.