P/E Ratio
Updated 174h ago
Sector Performance
39th percentileSLB
20.2x
Sector Median
24.8x
Sector Avg
36.1x
Deep Analysis
The current P/E (price-to-earnings) ratio of 20.2x means investors pay $20.20 for every $1 of SLB's annual earnings — a lower P/E generally indicates a cheaper stock relative to its profits.
Among sector peers, SLB's P/E sits below the sector median of 24.2x, ranking in the 38th percentile, meaning about 62% of peers trade at a higher multiple. The year-over-year change is not available, but quarter-over-quarter the P/E fell 10.9%, dropping from 22.6x to 20.2x based on the two most recent values. A P/E below the sector median combined with a declining trend suggests the stock has become relatively cheaper, which can signal either a buying opportunity or reflect falling earnings expectations. This moderate valuation level and the recent contraction in the multiple are consistent with the overall NEUTRAL verdict — neither clearly cheap enough to be a strong buy nor expensive enough to be a sell.
Frequently Asked Questions
What does the P/E Ratio tell investors about SLB?
Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.
How is the P/E Ratio calculated?
P/E Ratio is calculated as: Price / EPS.
Who are SLB's closest peers by P/E Ratio?
The closest peers by P/E Ratio include: VICI (9.1x), OMF (9.0x), JACK (8.5x), GIS (8.4x), FIS (8.4x).
The Formula
Price / EPS
Why It Matters
Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.
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20.2x
Sector Median
24.8x
Sector Avg
36.1x
How SLB's P/E Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.