HAL Relative Valuation
HAL's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, HAL is overvalued; if below, it's undervalued.
Historical Valuation
Halliburton Co (HAL) is now in the Fair zone, suggesting that its current forward PE ratio of 12.92 is considered Fairly compared with the five-year average of 13.13. The fair price of Halliburton Co (HAL) is between 23.32 to 36.86 according to relative valuation methord.
Relative Value
Fair Zone
23.32-36.86
Current Price：27.74
Fair
13.12
PE
1Y
3Y
5Y
Trailing
Forward
7.45
EV/EBITDA
Halliburton Co. (HAL) has a current EV/EBITDA of 7.45. The 5-year average EV/EBITDA is 7.93. The thresholds are as follows: Strongly Undervalued below 5.01, Undervalued between 5.01 and 6.47, Fairly Valued between 9.39 and 6.47, Overvalued between 9.39 and 10.85, and Strongly Overvalued above 10.85. The current Forward EV/EBITDA of 7.45 falls within the Historic Trend Line -Fairly Valued range.
10.35
EV/EBIT
Halliburton Co. (HAL) has a current EV/EBIT of 10.35. The 5-year average EV/EBIT is 10.59. The thresholds are as follows: Strongly Undervalued below 5.55, Undervalued between 5.55 and 8.07, Fairly Valued between 13.12 and 8.07, Overvalued between 13.12 and 15.64, and Strongly Overvalued above 15.64. The current Forward EV/EBIT of 10.35 falls within the Historic Trend Line -Fairly Valued range.
1.07
PS
Halliburton Co. (HAL) has a current PS of 1.07. The 5-year average PS is 1.25. The thresholds are as follows: Strongly Undervalued below 0.80, Undervalued between 0.80 and 1.02, Fairly Valued between 1.47 and 1.02, Overvalued between 1.47 and 1.69, and Strongly Overvalued above 1.69. The current Forward PS of 1.07 falls within the Historic Trend Line -Fairly Valued range.
7.50
P/OCF
Halliburton Co. (HAL) has a current P/OCF of 7.50. The 5-year average P/OCF is 8.78. The thresholds are as follows: Strongly Undervalued below 4.82, Undervalued between 4.82 and 6.80, Fairly Valued between 10.76 and 6.80, Overvalued between 10.76 and 12.74, and Strongly Overvalued above 12.74. The current Forward P/OCF of 7.50 falls within the Historic Trend Line -Fairly Valued range.
10.73
P/FCF
Halliburton Co. (HAL) has a current P/FCF of 10.73. The 5-year average P/FCF is 13.56. The thresholds are as follows: Strongly Undervalued below 6.41, Undervalued between 6.41 and 9.99, Fairly Valued between 17.13 and 9.99, Overvalued between 17.13 and 20.71, and Strongly Overvalued above 20.71. The current Forward P/FCF of 10.73 falls within the Historic Trend Line -Fairly Valued range.
Halliburton Co (HAL) has a current Price-to-Book (P/B) ratio of 2.26. Compared to its 3-year average P/B ratio of 3.01 , the current P/B ratio is approximately -24.82% higher. Relative to its 5-year average P/B ratio of 3.37, the current P/B ratio is about -32.83% higher. Halliburton Co (HAL) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of 7.68%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of 6.45% , the current FCF yield is about -100.00% lower.
2.30
P/B
Median3y
3.01
Median5y
3.37
8.13
FCF Yield
Median3y
7.68
Median5y
6.45
Competitors Valuation Multiple
The average P/S ratio for HAL's competitors is , providing a benchmark for relative valuation. Halliburton Co Corp (HAL) exhibits a P/S ratio of , which is NaN% above the industry average. Given its robust revenue growth of -1.70%, this premium appears unsustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
Performance Decomposition
1Y
3Y
5Y
Market capitalization of HAL increased by 2.35% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 9.16 to 18.36.
The secondary factor is the Revenue Growth, contributed -1.70%to the performance.
Overall, the performance of HAL in the past 1 year is driven by P/E Change. Which is more unsustainable.
People Also Watch
FAQ
Is Halliburton Co (HAL) currently overvalued or undervalued?
What is Halliburton Co (HAL) fair value?
How does HAL's valuation metrics compare to the industry average?
What is the current P/B ratio for Halliburton Co (HAL) as of Dec 05 2025?
What is the current FCF Yield for Halliburton Co (HAL) as of Dec 05 2025?
What is the current Forward P/E ratio for Halliburton Co (HAL) as of Dec 05 2025?