SLB Limited (SLB) Valuation
Historical valuation analysis based on 1279 data points (2021-09-14 to 2026-10-16)
SLB is the world's premier oilfield-services company as measured by market share. While the industry is largely fragmented, SLB holds the first or second competitive position in many of the differe...
SLB Limited (SLB) currently trades at a P/E ratio of 23.69 (historical range: 9.88–42.95, median: 19.39), placing it at the 70th percentile — above its historical average, P/S ratio of 2.02 (range: 1.21–3.18, 32th percentile — below its historical average), EV/EBITDA of 19.78 (range: 9.46–43.34, 64th percentile).
Over the historical period (2021-09-14 to 2026-10-16), SLB Limited's P/E ratio has contracted by 27% over the observed period (from an average of 23.7 to 17.2).
SLB Limited trades above its historical valuation range, with most metrics above their median levels.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 23.69 | 19.39 | 70th | above its historical average |
| P/S Ratio | 2.02 | 2.19 | 32th | below its historical average |
| EV/EBITDA | 19.78 | 17.70 | 64th | above its historical average |
| FCF Yield | 6.54% | 4.78% | 79th | below its historical average |
SLB Limited (SLB) Valuation & P/E History
SLB Limited (SLB) is a US-listed stock operating in the Energy sector, specifically the Oil & Gas Field Services, Nec industry currently trading at $49.52 with a market capitalization of $73.5 billion. This page provides historical valuation analysis for SLB based on 1279 data points covering 2021-09-14 to 2026-10-16. The P/E ratio of 23.69 is above the historical median of 19.39, placing SLB at the 70th percentile of its valuation range. The P/S ratio of 2.02 compares to a median of 2.19.
SLB Valuation Metrics & Historical Range
The valuation table above shows SLB Limited's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether SLB is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests SLB is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for SLB Limited.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is SLB Overvalued or Undervalued?
SLB Limited trades above its historical valuation range, with most metrics above their median levels. The overall valuation percentile of 55 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive SLB is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full SLB analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.SLB trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.