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Schlumberger (BSP:SLBG34) Shiller PE Ratio : (As of May. 24, 2024)


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What is Schlumberger Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Schlumberger Shiller PE Ratio Historical Data

The historical data trend for Schlumberger's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Schlumberger Shiller PE Ratio Chart

Schlumberger Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.51 44.19 143.64 - -

Schlumberger Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Schlumberger's Shiller PE Ratio

For the Oil & Gas Equipment & Services subindustry, Schlumberger's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Schlumberger's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Schlumberger's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Schlumberger's Shiller PE Ratio falls into.



Schlumberger Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Schlumberger's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Schlumberger's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.843/131.7762*131.7762
=1.843

Current CPI (Mar. 2024) = 131.7762.

Schlumberger Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 1.353 100.560 1.773
201409 1.742 100.428 2.286
201412 0.304 99.070 0.404
201503 1.194 99.621 1.579
201506 1.369 100.684 1.792
201509 1.522 100.392 1.998
201512 -1.572 99.792 -2.076
201603 0.740 100.470 0.971
201606 -2.670 101.688 -3.460
201609 0.211 101.861 0.273
201612 -0.252 101.863 -0.326
201703 0.313 102.862 0.401
201706 -0.082 103.349 -0.105
201709 0.611 104.136 0.773
201712 -2.685 104.011 -3.402
201803 0.623 105.290 0.780
201806 0.585 106.317 0.725
201809 0.945 106.507 1.169
201812 0.755 105.998 0.939
201903 0.576 107.251 0.708
201906 0.675 108.070 0.823
201909 -16.931 108.329 -20.596
201912 0.493 108.420 0.599
202003 -12.997 108.902 -15.727
202006 -6.408 108.767 -7.764
202009 -0.162 109.815 -0.194
202012 0.691 109.897 0.829
202103 0.592 111.754 0.698
202106 0.754 114.631 0.867
202109 1.029 115.734 1.172
202112 1.188 117.630 1.331
202203 0.896 121.301 0.973
202206 1.691 125.017 1.782
202209 1.652 125.227 1.738
202212 1.941 125.222 2.043
202303 1.693 127.348 1.752
202306 1.747 128.729 1.788
202309 1.926 129.860 1.954
202312 1.886 129.419 1.920
202403 1.843 131.776 1.843

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Schlumberger  (BSP:SLBG34) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Schlumberger Shiller PE Ratio Related Terms

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Schlumberger (BSP:SLBG34) Business Description

Address
5599 San Felipe, 17th Floor, Houston, TX, USA, 77056
SLB, formerly known as Schlumberger, is the largest oilfield service firm in the world, with expertise in myriad disciplines, including reservoir performance, well construction, production enhancement, and more recently, digital solutions. It maintains a reputation as one of the industry's leading innovators, which has earned it dominant share in numerous end markets.

Schlumberger (BSP:SLBG34) Headlines

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