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SLB Schlumberger Limited PE ratio, current and historical analysis

The PE ratio for Schlumberger Limited stock stands at 16.55 as of Feb 23, 2024. This is calculated based on the TTM EPS of $2.95 and the stock price of $48.82 per share. A decrease of 10% has been observed in the PE ratio compared to its average of 18.3 of the last four quarters.

SLB PE ratio history

How has SLB's PE ratio performed in the past

Over the last ten years, the average PE ratio of Schlumberger Limited has been 49.24. The current 16.55 P/E ratio is 66% 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.

Average
49.24
Median
23.43
Minimum
17.1
Maximum
470.29

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

What is the average PE ratio of SLB for the past years

Currently, SLB's PE ratio is lower than its 3, 5 and 10-year averages.

3-year avg
22.82
5-year avg
23.63
10-year avg
49.24
15-year avg
35.88

SLB PE vs peers

What is SLB's PE ratio compared to its 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 6.67 $6.65B
HAL Halliburton Co 11.88 $30.99B
SLB Schlumberger Limited 16.47 $69.34B
OII Oceaneering International Inc 22.55 $2.2B

Frequently asked questions

What is Schlumberger Limited's PE ratio?

As of Feb 23, 2024, SLB stock has a price to earnings ratio of 16.55.

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 22.82.

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 23.63.

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 66% 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 (Feb 23, 2024), Schlumberger Limited's share price is $48.82. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $2.95. Therefore, Schlumberger Limited's PE ratio for today is 16.55. PE RATIO(16.55) = STOCK PRICE($48.82) / TTM EPS($2.95)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.