P/E ratio for Core Laboratories (CLB)
P/E ratio as of April 2024 (TTM): 33.6
According to Core Laboratories 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 33.5795. At the end of 2022 the company had a P/E ratio of 48.9.
P/E ratio history for Core Laboratories from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 48.9 | -6.25% |
| 2021 | 52.1 | -531.86% |
| 2020 | -12.1 | -173.45% |
| 2019 | 16.4 | -50.44% |
| 2018 | 33.2 | -43.07% |
| 2017 | 58.2 | -29.05% |
| 2016 | 82.1 | 103.37% |
| 2015 | 40.4 | 95.36% |
| 2014 | 20.7 | -42.29% |
| 2013 | 35.8 | 49.5% |
| 2012 | 23.9 | -16.35% |
| 2011 | 28.6 | 3.85% |
| 2010 | 27.6 | 15.07% |
| 2009 | 24.0 | 121.34% |
| 2008 | 10.8 | -55.3% |
| 2007 | 24.2 | -1.64% |
| 2006 | 24.6 | -20.92% |
| 2005 | 31.1 | -36% |
| 2004 | 48.6 | 83.62% |
| 2003 | 26.5 | -128.01% |
| 2002 | -94.6 | -525.02% |
| 2001 | 22.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Halliburton HAL | 13.3 | -60.35% | 🇺🇸 USA |
 Schlumberger SLB | 16.8 | -49.83% | 🇺🇸 USA |
 Oceaneering International
OII | 32.0 | -4.63% | 🇺🇸 USA |
 Helix Energy Solutions HLX | 79.7 | 137.39% | 🇺🇸 USA |
 Frank's International
FI.defunct | N/A | N/A | 🇳🇱 Netherlands |
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.