P/E ratio for Halliburton (HAL)
P/E ratio as of May 2024 (TTM): 13.0
According to Halliburton's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.9795. At the end of 2022 the company had a P/E ratio of 22.7.
P/E ratio history for Halliburton from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 22.7 | 62.11% |
| 2021 | 14.0 | -349.43% |
| 2020 | -5.63 | -70.58% |
| 2019 | -19.1 | -235.93% |
| 2018 | 14.1 | -115.25% |
| 2017 | -92.2 | 1042.15% |
| 2016 | -8.07 | -81.26% |
| 2015 | -43.1 | -553.56% |
| 2014 | 9.50 | -54.51% |
| 2013 | 20.9 | 71.58% |
| 2012 | 12.2 | 8.99% |
| 2011 | 11.2 | -44.75% |
| 2010 | 20.2 | -14.69% |
| 2009 | 23.7 | 228.42% |
| 2008 | 7.21 | -26.54% |
| 2007 | 9.82 | -26.3% |
| 2006 | 13.3 | 0.87% |
| 2005 | 13.2 | -175.41% |
| 2004 | -17.5 | 28.02% |
| 2003 | -13.7 | 69.68% |
| 2002 | -8.06 | -216.35% |
| 2001 | 6.93 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 NOV NOV | 15.0 | 15.63% | 🇺🇸 USA |
 Schlumberger SLB | 16.6 | 28.17% | 🇺🇸 USA |
 Newpark Resources
NR | 28.3 | 117.72% | 🇺🇸 USA |
 Oceaneering International
OII | 31.2 | 140.25% | 🇺🇸 USA |
 RPC RES | 6.29 | -51.55% | 🇺🇸 USA |
 Tetra Technologies TTI | 19.1 | 47.44% | 🇺🇸 USA |
 SEACOR Holdings CKH | N/A | N/A | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.