Schlumberger (SLB) valuation
Schlumberger P/E ratio history
Schlumberger trades at 26.3 times its earnings over the last twelve months and 18.4 times the earnings analysts expect over the next twelve. At its last 6 fiscal year ends its P/E ranged from 12.3 (year to Dec 2024) to 23.6 (year to Dec 2018), with a median of 20.1.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Dec 31, 2025 | $38.38 | $2.35 | 16.3 | 13.2 |
| Dec 31, 2024 | $38.34 | $3.11 | 12.3 | 10.7 |
| Dec 31, 2023 | $52.04 | $2.91 | 17.9 | 14.9 |
| Dec 31, 2022 | $53.46 | $2.39 | 22.4 | 19.2 |
| Dec 31, 2021 | $29.95 | $1.32 | 22.7 | 18.6 |
| Dec 31, 2020 | $21.83 | -$7.57 | n/m | — |
| Dec 31, 2019 | $40.20 | -$7.32 | n/m | — |
| Dec 31, 2018 | $36.08 | $1.53 | 23.6 | — |
| Dec 31, 2017 | $67.39 | -$1.08 | n/m | — |
| Dec 31, 2016 | $83.95 | -$1.24 | n/m | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Schlumberger valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| SchlumbergerSLB | $79.8B | 26.3 | 18.4 | 2.2 |
| Baker HughesBKR | $54.8B | 19.0 | — | 1.9 |
| HalliburtonHAL | $30.1B | 15.2 | 13.0 | 1.3 |
| TransoceanRIG | $7.75B | — | 31.1 | 1.9 |
| ValarisVAL | $7.29B | 7.9 | 20.7 | 3.4 |
| TidewaterTDW | $4.34B | 17.8 | 19.7 | 3.2 |
| Peer median | 16.5 | 20.2 | 1.9 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: SLB financials · SLB returns
No forecast, no recommendation. This page describes Schlumberger from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.