The PE ratio for Schlumberger Limited stock stands at 15.63 as of May 3, 2024. This is calculated based on the TTM EPS of $3.05 and the stock price of $47.66 per share. A decrease of 15% has been observed in the PE ratio compared to its average of 18.3 of the last four quarters.
Over the last ten years, the average PE ratio of Schlumberger Limited has been 49.23. The current 15.63 P/E ratio is 68% lower than the historical average. Looking back at the last ten years, SLB's PE ratio peaked in the Jun 2017 quarter at 470.29, with a price of $65.84 and an EPS of $0.14. The Sep 2022 quarter marked the lowest point at 17.1, with a price of $35.9 and an EPS of $2.1.
Maximum annual increase: 110.37% in 2015
Maximum annual decrease: -19.82% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 17.64 | -19.82% |
| 2022 | 22 | -1.57% |
| 2021 | 22.35 | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | 23.43 | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | 42.79 | 110.37% |
| 2014 | 20.34 | 14.92% |
Currently, SLB's PE ratio is lower than its 3, 5 and 10-year averages.
SLB's PE ratio stands lower than its peer stock OII, but it is higher than HAL's and NOV's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NOV National Oilwell Varco Inc | 7.55 | $7.46B |
| HAL Halliburton Co | 12.77 | $32.8B |
| SLB Schlumberger Limited | 15.75 | $68.67B |
| OII Oceaneering International Inc | 21.8 | $2.39B |
As of May 3, 2024, SLB stock has a price to earnings ratio of 15.63.
As an average over the last 3 years, SLB stock has a PE ratio of 22.42.
As an average over the last 5 years, SLB stock has a PE ratio of 22.72.
Over the last ten years, the quarterly PE ratio reached its highest level at 470.29 in the Jun 2017 quarter.
The current PE ratio of SLB is 68% lower than the 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 3, 2024), Schlumberger Limited's share price is $47.66. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.05. Therefore, Schlumberger Limited's PE ratio for today is 15.63. PE RATIO(15.63) = STOCK PRICE($47.66) / TTM EPS($3.05)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.