P/E ratio for Schlumberger (SLB)
P/E ratio as of March 2025 (TTM): 14.5
According to Schlumberger's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.4749. At the end of 2022 the company had a P/E ratio of 22.0.
P/E ratio history for Schlumberger from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 22.0 | -1.32% |
| 2021 | 22.3 | -874.26% |
| 2020 | -2.88 | -47.52% |
| 2019 | -5.49 | -123.48% |
| 2018 | 23.4 | -137.73% |
| 2017 | -62.0 | -13.23% |
| 2016 | -71.4 | -266.12% |
| 2015 | 43.0 | 110.73% |
| 2014 | 20.4 | 15.23% |
| 2013 | 17.7 | 5.12% |
| 2012 | 16.8 | -5.1% |
| 2011 | 17.7 | -27.54% |
| 2010 | 24.5 | -1.44% |
| 2009 | 24.8 | 166.45% |
| 2008 | 9.32 | -58.77% |
| 2007 | 22.6 | 12.07% |
| 2006 | 20.2 | -22.32% |
| 2005 | 26.0 | -19.69% |
| 2004 | 32.3 | -60.4% |
| 2003 | 81.7 | -876.16% |
| 2002 | -10.5 | -134.85% |
| 2001 | 30.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 8.80 | -39.22% | 🇺🇸 USA |
 | 28.9 | 99.89% | 🇺🇸 USA |
 | 12.2 | -15.90% | 🇺🇸 USA |
 | 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.