SLB N.V. (NYSE:SLB)

The analysis of the available financial data reveals notable fluctuations and trends in the company's market valuation and operational performance over the covered time span.

Share Price

The share price exhibited significant volatility, reaching its peak in the financial year ending February 2011 at $89.33. Following this peak, a downward trend is observed with notable declines, particularly between 2018 and 2021, where the price dropped from $78.18 to $21.81. The subsequent years show some recovery, with prices climbing back to $56.25 by January 2023 before declining again to $41.63 by January 2025. This pattern indicates a period of market uncertainty or company challenges after 2011, followed by partial recovery and further fluctuations.

Sales per Share

Sales per share generally increased from $12.11 in 2006 to a high of $38.09 in 2014, signaling growth in revenue generated for each share. However, after 2014, a downward trend occurs, with sales per share declining to $16.34 by January 2022. The last two years show a positive reversal with sales per share rising to $25.9 in January 2025. Such variability suggests periods of both expansion and contraction in sales efficiency relative to the company's share base, with recent data indicating a recovery phase.

Price-to-Sales Ratio (P/S)

The P/S ratio peaked at 4.89 in 2006 and exhibited fluctuations throughout the period. A notable decline occurred from 2010 onwards, reaching lows around 1.29 in 2021, implying that the market valuation relative to sales was at its most conservative in this year. After 2021, the ratio increased again, reaching 2.84 in 2023 before decreasing once more to 1.61 by 2025. These variations highlight changes in market sentiment, with periods where shares were valued higher relative to sales and others where valuation was more cautious.

Overall, the trends suggest that the company experienced strong growth in sales and market valuation up to around 2011, followed by several years of volatility and decline in both market price and sales efficiency metrics. The recent years show tentative recovery in sales per share and market valuation ratios, albeit with continued fluctuations reflecting ongoing market dynamics and/or operational challenges.