The PE ratio for Schlumberger Limited stock stands at 15.56 as of Jul 25, 2024. This is calculated based on the TTM EPS of $3.1 and the stock price of $48.23 per share. A decrease of 12% has been observed in the PE ratio compared to its average of 17.7 of the last four quarters.
Over the last ten years, the average PE ratio of Schlumberger Limited has been 48.9. The current 15.56 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 Jun 2024 quarter marked the lowest point at 15.22, with a price of $47.18 and an EPS of $3.1.
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 | 7.94 | $7.85B |
| HAL Halliburton Co | 11.86 | $30.45B |
| SLB Schlumberger Limited | 15.75 | $69.33B |
| OII Oceaneering International Inc | 27.55 | $3.02B |
As of Jul 25, 2024, SLB stock has a price to earnings ratio of 15.56.
As an average over the last 3 years, SLB stock has a PE ratio of 20.03.
As an average over the last 5 years, SLB stock has a PE ratio of 21.86.
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 (Jul 25, 2024), Schlumberger Limited's share price is $48.23. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $3.1. Therefore, Schlumberger Limited's PE ratio for today is 15.56. PE RATIO(15.56) = STOCK PRICE($48.23) / TTM EPS($3.1)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.