P/E ratio for Schlumberger (SLB)
P/E ratio as of January 2023 (TTM): 27.0
According to Schlumberger's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.0332. At the end of 2021 the company had a P/E ratio of 22.3.
P/E ratio history for Schlumberger from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Halliburton HAL | 21.0 | -22.34% | 🇺🇸 USA |
 NOV NOV | 798 | 2,853.16% | 🇺🇸 USA |
 Oceaneering International
OII | -58.0 | -314.55% | 🇺🇸 USA |
 SEACOR Holdings CKH | N/A | -100.00% | 🇺🇸 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.