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 |
|---|---|---|
| 2021 | 14.0 | -349.43% |
| 2020 | -5.63 | -70.58% |
| 2019 | -19.1 | |
| 2017 | -92.2 | 1042.15% |
| 2016 | -8.07 | -81.26% |
| 2015 | -43.1 | |
| 2013 | 20.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 NOV NOV | 45.7 | 152.40% | 🇺🇸 USA |
 Schlumberger SLB | 19.6 | 8.44% | 🇺🇸 USA |
 Newpark Resources
NR | -11.5 | -163.35% | 🇺🇸 USA |
 Oceaneering International
OII | 67.6 | 273.54% | 🇺🇸 USA |
 RPC RES | 8.01 | -55.71% | 🇺🇸 USA |
 Tetra Technologies TTI | 42.1 | 133.02% | 🇺🇸 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.