Common Stock Valuation Ratios (Price Multiples)
Quarterly Data
Valuation ratios measure the quantity of an asset or flaw (e.g., earnings) associated with ownership of a specified claim (e.g., a share of ownership of the enterprise).
Paying user area
Try for free
Schlumberger Ltd. pages available for free this week:
- Income Statement
- Common-Size Balance Sheet: Assets
- Analysis of Profitability Ratios
- Analysis of Liquidity Ratios
- Analysis of Long-term (Investment) Activity Ratios
- Analysis of Reportable Segments
- Analysis of Geographic Areas
- Dividend Discount Model (DDM)
- Return on Equity (ROE) since 2005
- Debt to Equity since 2005
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Schlumberger Ltd. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Historical Valuation Ratios (Summary)
Schlumberger Ltd., historical price multiples (quarterly data)
Based on: 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).
- Price to Earnings (P/E) Ratio
- The P/E ratio exhibits a downward trend from 40.12 in the third quarter of 2020 to 11.64 by the middle of 2025. After peaking in 2020, there is a noticeable decline through the years, with some fluctuations between 19.61 and 24.85 around 2022 and 2023. The ratio continues to decrease steadily, indicating either a rising earnings base relative to price or a moderation in price growth compared to earnings improvements over time.
- Price to Operating Profit (P/OP) Ratio
- The P/OP ratio follows a similar pattern to the P/E ratio, starting at 24.54 in Q3 2020 and decreasing steadily to a low of 8.46 in Q2 2025 before a slight uptick to 9.06 in Q3 2025. This decline suggests that operating profit has improved more significantly relative to market price, or market valuation multiples have compressed in this measure. The trend indicates enhanced operating performance or market reassessment of operating earnings valuation.
- Price to Sales (P/S) Ratio
- The P/S ratio shows initial growth reaching a peak of 2.84 in the fourth quarter of 2022, followed by a gradual decline to approximately 1.3-1.34 in early to mid-2025. This pattern suggests that sales valuation relative to price improved through 2022 but then moderated. The peak indicates an increased valuation of sales at that time, while the subsequent decline may reflect either slowing revenue growth or adjustments in market sentiment about sales quality or growth prospects.
- Price to Book Value (P/BV) Ratio
- The P/BV ratio tends to fluctuate but demonstrates an overall rising trend from 1.37 in the first quarter of 2020 up to a peak of around 4.52 in the fourth quarter of 2022. After this peak, the ratio gradually declines to around 2.35 by Q3 2025. This trend implies an increasing market valuation relative to book value over the initial period, likely due to stronger asset returns or positive market perception of growth prospects, followed by a correction or normalization in valuation multiples in later periods.
Price to Earnings (P/E)
Schlumberger Ltd., historical P/E calculation (quarterly data)
Based on: 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).
1 Data adjusted for splits and stock dividends.
2 Q2 2025 Calculation
EPS
= (Net income (loss) attributable to SLBQ2 2025
+ Net income (loss) attributable to SLBQ1 2025
+ Net income (loss) attributable to SLBQ4 2024
+ Net income (loss) attributable to SLBQ3 2024)
÷ No. shares of common stock outstanding
= ( + + + )
÷ =
3 Closing price as at the filing date of Schlumberger Ltd. Quarterly or Annual Report.
4 Q2 2025 Calculation
P/E ratio = Share price ÷ EPS
= ÷ =
- Share Price Trends
- The share price exhibited significant volatility from March 2020 through June 2025. Initially, the price fluctuated between approximately $15 and $22 in 2020, demonstrating instability possibly linked to broader market conditions. Starting from March 2021, there was a steady upward trend reaching a peak near $56 in December 2022. Post-peak, the share price generally declined, decreasing to around $35 by June 2025. This decline suggests a shift in market sentiment or other external factors affecting valuation after a period of growth.
- Earnings Per Share (EPS) Evolution
- EPS data, available starting in December 2020, showed initial negative values, indicative of losses during that quarter and the following quarter. From September 2021 onward, EPS turned positive and exhibited consistent growth through March 2025, rising from 0.73 to slightly above 3.00. This positive trend in EPS reflects improving profitability and operational performance over the analyzed period.
- Price-to-Earnings (P/E) Ratio Analysis
- The P/E ratio became available in June 2021 and initially registered high values near 40.12, reflecting comparatively low earnings relative to share prices at the time. Over subsequent quarters, the ratio gradually declined, indicating either an increase in earnings or a moderation in the share price growth. By June 2025, the P/E had decreased to around 11.64, suggesting the stock became more reasonably valued in relation to its earnings, or earnings growth outpaced share price appreciation.
- Overall Financial Insights
- The data indicate an initial phase of financial difficulty with negative earnings and volatile share prices during 2020. Following this, the company exhibited a turnaround characterized by steadily increasing earnings, rising share prices reaching a high in late 2022, and a decreasing P/E ratio pointing toward improved valuation. The subsequent share price decline coupled with stable or growing EPS and lower P/E ratios from 2023 onwards could signal market corrections, changing investor expectations, or other external economic factors impacting valuation despite ongoing profitability.
Price to Operating Profit (P/OP)
Schlumberger Ltd., historical P/OP calculation (quarterly data)
Based on: 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).
1 Data adjusted for splits and stock dividends.
2 Q2 2025 Calculation
Operating profit per share
= (Operating income (loss)Q2 2025
+ Operating income (loss)Q1 2025
+ Operating income (loss)Q4 2024
+ Operating income (loss)Q3 2024)
÷ No. shares of common stock outstanding
= ( + + + )
÷ =
3 Closing price as at the filing date of Schlumberger Ltd. Quarterly or Annual Report.
4 Q2 2025 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= ÷ =
- Share Price Trend
- The share price exhibited significant volatility over the observed period. Starting at $15.34 in March 2020, the price initially rose sharply to a peak of $39.95 by March 2022. After this peak, the price experienced fluctuations but generally maintained a high value, reaching above $50 in several quarters of 2022 and 2023. However, from March 2023 onwards, there was a notable gradual decline, with the share price dropping to around $34.52 by March 2025. This suggests an initial strong growth phase followed by a moderation and modest volatility in the latter periods.
- Operating Profit Per Share (OP) Development
- The operating profit per share showed a marked improvement over time. Initially, for the first three quarters of 2020, data is unavailable; however, by December 2020, the figure was negative at -$7.90, indicating operational struggles. From March 2021 forward, OP per share turned positive and demonstrated a consistent upward trend. It increased steadily from $1.97 in December 2021 to a peak of $4.16 in September 2024 before slightly declining to $3.89 by June 2025. This trend highlights a recovery and continuous strengthening in operational profitability, despite minor fluctuations in the final quarters.
- Price to Operating Profit Ratio (P/OP)
- The P/OP ratio, which measures valuation relative to operating profit, became available starting June 2021. Initially, the ratio was elevated at 24.54, indicating that the share price was high compared to the operating profit at that time. Subsequently, the ratio decreased steadily, reflecting an improvement in operating profit relative to price and/or a moderation in share price. By June 2025, the ratio had fallen to 9.06, suggesting a more attractive valuation relative to profitability. The downward trend in P/OP corresponds with the rising operating profit and overall share price stabilization.
- Overall Insights
- Over the analyzed period, the company demonstrated a strong recovery in operational performance, moving from a negative operating profit per share in late 2020 to a consistent growth pattern through mid-2024. The share price mirrored this positive operational trend initially but displayed increased volatility and a declining tendency after early 2023. The declining P/OP ratio indicates that the company’s stock became more reasonably valued relative to its improving earnings, potentially appealing to investors seeking value based on operational metrics. The combined trends suggest strengthening fundamentals with a cautious market valuation adjustment in the most recent periods.
Price to Sales (P/S)
Schlumberger Ltd., historical P/S calculation (quarterly data)
Based on: 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).
1 Data adjusted for splits and stock dividends.
2 Q2 2025 Calculation
Sales per share
= (RevenueQ2 2025
+ RevenueQ1 2025
+ RevenueQ4 2024
+ RevenueQ3 2024)
÷ No. shares of common stock outstanding
= ( + + + )
÷ =
3 Closing price as at the filing date of Schlumberger Ltd. Quarterly or Annual Report.
4 Q2 2025 Calculation
P/S ratio = Share price ÷ Sales per share
= ÷ =
- Share Price Trends
- The share price exhibited significant volatility over the observed period. Starting at $15.34 in March 2020, it experienced an initial increase, reaching a peak of $39.80 by December 2021. Following this peak, the price fluctuated but generally showed a downward trend, declining to $35.24 by June 2025. Notably, the highest values occurred during the 2022–2023 period, particularly in the range of $47.78 to $57.67, after which a gradual decline became apparent.
- Sales Per Share Dynamics
- Sales per share data, available from March 2021 onwards, indicates a consistent upward trend. Beginning at $16.95 in the first quarter of 2021, sales per share steadily increased to $26.52 by June 2025. This represents a robust growth trajectory with incremental rises each quarter, suggesting improved operational performance or revenue generation over time.
- Price-to-Sales (P/S) Ratio Analysis
- The price-to-sales ratio reveals fluctuations that closely mirror movements in share price relative to sales per share. Initially, in March 2021, the P/S ratio was 1.29, and it climbed sharply to a peak of 2.84 in December 2022. Post this peak, the ratio began to decline steadily, falling to 1.34 by June 2025. This decline aligns with the falling share price despite the continuous increase in sales per share, indicating a market reassessment of valuation multiples over this period.
- Overall Insights
- While the company exhibited growing sales per share throughout the period, the share price was more volatile, with substantial appreciation early on followed by a notable decrease. The declining P/S ratio since late 2022 suggests market valuation became more conservative, perhaps reflecting external factors or changing investor sentiment. The contrasting upward sales trend combined with declining price multiples may indicate expectations of margin pressures, risk factors, or concerns about future growth prospects despite improved sales.
Price to Book Value (P/BV)
Schlumberger Ltd., historical P/BV calculation (quarterly data)
Based on: 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).
1 Data adjusted for splits and stock dividends.
2 Q2 2025 Calculation
BVPS = Total SLB stockholders’ equity ÷ No. shares of common stock outstanding
= ÷ =
3 Closing price as at the filing date of Schlumberger Ltd. Quarterly or Annual Report.
4 Q2 2025 Calculation
P/BV ratio = Share price ÷ BVPS
= ÷ =
- Share Price Trend
- The share price exhibited variability over the periods observed, starting at $15.34 and generally rising to a peak of $56.25 by December 2022. It then showed fluctuations with some downward trends through 2023 and 2024, reaching approximately $34.52 by March 2025. The notable peak phase between mid-2021 and end-2022 suggests a period of strong investor confidence or favorable market conditions.
- Book Value per Share (BVPS) Trend
- BVPS shows a gradual and consistent upward trajectory from $11.21 to $15.02 over the entire period. This steady increase reflects a growth in the company's underlying equity value per share, suggesting accumulation of retained earnings or asset base enhancements.
- Price-to-Book Value Ratio (P/BV) Trend
- The P/BV ratio starts at 1.37, indicating that shares were trading close to their book value initially. It increased significantly from 2020 through late 2022, peaking near 4.52, indicating that market prices were well above the book value per share during this time. Post peak, the ratio gradually declines below 3.0 by mid-2025, indicating reduced market optimism or price correction relative to the book value.
- Overall Insights
- The overall pattern reveals a phase of substantial growth in share price and valuation multiples up to late 2022, aligned with a steady increase in book value. The drop in share price and P/BV afterwards points to a normalization or correction phase, though book value continued to grow. This divergence suggests market re-pricing despite ongoing fundamental equity growth.