SLB Schlumberger Limited PE ratio, current and historical analysis
The PE ratio for Schlumberger Limited stock stands at 14.04 as of Nov 22, 2024. This is calculated based on the TTM EPS of $3.15 and the stock price of $44.23 per share. A decrease of 12% has been observed in the PE ratio compared to its average of 16.0 of the last four quarters.
SLB PE ratio history
Over the last ten years, the average PE ratio of Schlumberger Limited has been 48.65. The current 14.04 P/E ratio is 71% 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 2024 quarter marked the lowest point at 13.32, with a price of $41.95 and an EPS of $3.15.
Schlumberger Limited PE ratio by year
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% |
SLB average PE ratio chart
Currently, SLB's PE ratio is lower than its 3, 5 and 10-year averages.
SLB PE vs peers
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 | 5.99 | $6.34B |
| HAL Halliburton Co | 11.08 | $27.93B |
| SLB Schlumberger Limited | 13.93 | $61.95B |
| OII Oceaneering International Inc | 22.43 | $3.04B |
Frequently asked questions
What is Schlumberger Limited's PE ratio?
As of Nov 22, 2024, SLB stock has a price to earnings ratio of 14.04.
What is the 3-year average PE ratio for Schlumberger Limited (SLB)?
As an average over the last 3 years, SLB stock has a PE ratio of 19.05.
What is the 5-year average PE ratio for Schlumberger Limited (SLB)?
As an average over the last 5 years, SLB stock has a PE ratio of 21.25.
What is the highest PE ratio for SLB?
Over the last ten years, the quarterly PE ratio reached its highest level at 470.29 in the Jun 2017 quarter.
How does the current PE ratio for SLB compare to its historical average?
The current PE ratio of SLB is 71% lower than the 10-year historical average.
How is SLB's PE ratio calculated (Schlumberger Limited PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Nov 22, 2024), Schlumberger Limited's share price is $44.23. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $3.15. Therefore, Schlumberger Limited's PE ratio for today is 14.04. PE RATIO(14.04) = STOCK PRICE($44.23) / TTM EPS($3.15)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.