Halliburton
HAL
#609
Rank
$28.28 B
Marketcap
$31.29
Share price
2.32%
Change (1 day)
-16.16%
Change (1 year)

P/E ratio for Halliburton (HAL)

P/E ratio as of March 2023 (TTM): 18.1

According to Halliburton's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.0867. At the end of 2021 the company had a P/E ratio of 14.0.

P/E ratio history for Halliburton from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202114.0-349.43%
2020-5.63-70.58%
2019-19.1
2017-92.21042.15%
2016-8.07-81.26%
2015-43.1
201320.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
45.7 152.40%๐Ÿ‡บ๐Ÿ‡ธ USA
19.6 8.44%๐Ÿ‡บ๐Ÿ‡ธ USA
-11.5-163.35%๐Ÿ‡บ๐Ÿ‡ธ USA
67.6 273.54%๐Ÿ‡บ๐Ÿ‡ธ USA
8.01-55.71%๐Ÿ‡บ๐Ÿ‡ธ USA
42.1 133.02%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ 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.