Halliburton
HAL
#552
Rank
$35.16 B
Marketcap
$39.67
Share price
-3.10%
Change (1 day)
17.33%
Change (1 year)

P/E ratio for Halliburton (HAL)

P/E ratio as of April 2024 (TTM): 14.0

According to Halliburton's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.0205. 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
202222.762.11%
202114.0-349.43%
2020-5.63-70.58%
2019-19.1-235.93%
201814.1-115.25%
2017-92.21042.15%
2016-8.07-81.26%
2015-43.1-553.56%
20149.50-54.51%
201320.971.58%
201212.28.99%
201111.2-44.75%
201020.2-14.69%
200923.7228.42%
20087.21-26.54%
20079.82-26.3%
200613.30.87%
200513.2-175.41%
2004-17.528.02%
2003-13.769.68%
2002-8.06-216.35%
20016.93

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
15.8 12.83%๐Ÿ‡บ๐Ÿ‡ธ USA
18.5 31.86%๐Ÿ‡บ๐Ÿ‡ธ USA
28.4 102.35%๐Ÿ‡บ๐Ÿ‡ธ USA
32.2 129.81%๐Ÿ‡บ๐Ÿ‡ธ USA
7.17-48.85%๐Ÿ‡บ๐Ÿ‡ธ USA
21.9 55.94%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.