Slb N.V. (SLB) Stock Valuation — PE Analysis
Oil & Gas Equipment & Services · NYSE
Current Price
$46.38
PE Ratio (TTM)
20.2x
Intrinsic Value
$55.19
+16.0% margin of safety
COMPETITIVE MOAT
↑Digital Portfolio Expansion
Acquisition of Tachyus enhances SLB's AI-powered reservoir optimization tools. This strengthens their digital offerings and recovery-focused solutions, creating a competitive edge.
↑AI Adoption Leadership
SLB is recognized as a top company adopting AI. This leadership position suggests advanced operational efficiencies and innovative service development.
↑Market Outperformance
SLB's stock has recently outpaced the broader market. This indicates strong investor confidence and positive market sentiment towards the company's performance.
INVESTMENT RISKS
↓Oil Price Volatility
Exxon's warning of potential oil price spikes to $150-160 per barrel creates significant market uncertainty. This volatility can impact demand for oilfield services.
↓Geopolitical Strait of Hormuz
The Strait of Hormuz trade is a critical factor for oil services. Geopolitical tensions in this region pose a direct risk to supply chains and operational stability.
↓Intense Industry Competition
The oil services sector is highly competitive, as evidenced by the ETF's performance. SLB faces ongoing pressure from peers to maintain market share and profitability.
Base case
SLB base case PE valuation
A base case PE valuation for SLB estimates a fair value of about $55.19 per share, against a current price of $46.38. The model assumes 9.1% annual earnings growth, a 21x target PE multiple, and a 10% discount rate.
Intrinsic Value
$55.19
Margin of safety
+16.0%
Expected annual return
+3.5%
Base case assumptions: 9.1% annual earnings growth, 21x target PE, 10% discount rate, 5 year projection. Data as of 2026-06-29.
This base case uses default assumptions and is not financial advice. The fair value changes significantly when the target PE or earnings growth rate changes. Open the calculator to set your own assumptions and see the full sensitivity range.
Customize the SLB PE valuation
Adjust the target PE, earnings growth, and discount rate to see how the fair value and margin of safety for Slb N.V. respond.
Open PE Calculator for SLBCompany Overview
SLB N.V. engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, and integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products. It also offers subsurface geology and fluids evaluation information; stimulation services to restore or enhance well productivity through hydraulic fracturing, matrix stimulation, and water treatment; and intervention services to oil and gas operators. In addition, the company offers mud logging, directional drilling, measurement-while-drilling, and logging-while-drilling services, as well as engineering support services; supplies drilling fluid systems; designs, manufactures, and markets roller cone and fixed cutter drill bits; bottom-hole-assembly and borehole enlargement technologies; well planning, well drilling, engineering, supervision, logistics, procurement, and contracting of third parties, as well as drilling rig management solutions; and drilling equipment and services, as well as land drilling rigs and related services. Further, it provides artificial lift; supplies packers, safety valves, sand control technology, and various intelligent systems; midstream production systems; valves, chokes, actuators, and surface trees; and OneSubsea, an integrated solutions, products, systems, and services, including wellheads, subsea trees, manifolds and flowline connectors, control systems, connectors, and services. SLB N.V. was formerly known as Schlumberger Limited and change its name to SLB N.V. in October 2025. The company was founded in 1926 and is based in Houston, Texas.
Financial Metrics — SLB PE Stock Valuation Data
PE Ratio (TTM)
20.2x
PEG Ratio
n/m
Earnings Yield
4.75%
ROE (TTM)
13.5%
Revenue/Share (TTM)
$23.98
Dividend Yield
2.50%
Debt/Equity
0.44x
Frequently Asked Questions
What is the PE ratio of SLB?
The trailing twelve-month PE ratio of SLB reflects how much investors pay per dollar of Slb N.V.'s earnings. This metric is most useful when compared to Oil & Gas Equipment & Services peers and the company's own historical range.
Is SLB overvalued based on PE ratio?
SLB's PE of 20.2x combined with a PEG ratio of -0.89 provides a growth-adjusted perspective. SLB has negative earnings, so its PE and PEG ratios are not meaningful here and cannot tell you whether the stock is over or undervalued. Keep in mind that PE-based valuation works best for profitable, mature companies — for high-growth or cyclical Oil & Gas Equipment & Services, a DCF analysis may be more appropriate.
How do I value SLB stock using PE ratio?
To value Slb N.V. using PE: (1) Compare the current PE (20.2x) against the Oil & Gas Equipment & Services median to assess relative pricing, (2) check the PEG ratio (-0.89) to adjust for growth expectations, (3) review the 5-year PE range to identify where the stock sits historically, and (4) estimate fair value by multiplying a target PE by forward EPS estimates. This relative approach complements DCF's absolute valuation.
What is the PEG ratio of SLB?
SLB's PEG ratio is -0.89, calculated by dividing the PE ratio (20.2x) by the expected earnings growth rate. Because SLB has negative earnings, its PEG ratio is not meaningful and should not be read as a sign of under or overvaluation. Note that PEG accuracy depends on the reliability of growth estimates.
Should I use PE ratio or DCF for SLB stock valuation?
PE ratio gives a quick relative read — how SLB is priced versus Oil & Gas Equipment & Services peers. DCF provides an absolute value based on projected free cash flows. For the most reliable valuation, use PE as a quick comparability screen and DCF for a deeper fundamental analysis. Each method has blind spots: PE ignores capital structure and cash flow quality, while DCF is sensitive to growth and discount rate assumptions.
Learn More
- See SLB DCF Valuation → — Intrinsic value via Discounted Cash Flow analysis
- PE Methodology — Step-by-step guide to PE ratio stock valuation
- DCF Methodology — Guide to discounted cash flow analysis
- PE Ratio — Understanding the price-to-earnings ratio
- Intrinsic Value — How to evaluate stock fair value
Related PE Valuations
All Energy valuationsP/E and DCF value SLB with different methods and assumptions, so the two conclusions can differ. Compare the DCF intrinsic value.
Price as of 2026-06-29. Financial data from Financial Modeling Prep (trailing twelve months) · Valuation methodology by Charlie Wang.
This is an estimate, not investment advice.