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Halliburton price to book ratio HAL

Market value divided by the book value of the company's net assets, since 2009.

Today, Oct 23, 2026
2.6×
10-year median
3.3×
Against its 10-year history
32nd
percentile: 0 is its lowest day, 100 its highest
10-year range
0.6× to 5.7×
Peer median
3.3×

Halliburton's price to book ratio is 2.6× as of Oct 23, 2026.

That is below its ten-year median of 3.3×, lower than on 68% of days in the last ten years.

Over that time it ranged from 0.6× in Mar 2020 to 5.7× in May 2018.

The median for 8 oilfield services stocks of a similar size is 3.3×.

Price to book ratio over time

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
2026 so far2.6×2.4×3.2×
20252.3×1.6×2.6×
20242.3×2.2×3.5×
20234.4×3.1×5.0×
20224.6×3.1×5.5×
20213.6×3.0×4.3×
20203.2×0.6×3.4×
20192.2×1.6×3.1×
20182.6×2.5×5.7×
20174.6×3.8×5.2×
20164.8×1.6×4.9×
20151.9×1.9×2.7×
20142.2×2.1×4.4×
20133.4×2.2×3.7×
20122.1×1.9×2.8×
20112.6×2.4×4.5×
20103.8×2.3×3.8×
20093.2×2.4×3.3×

Against its peers

Companies in Oil & Gas Equipment & Services nearest Halliburton's size, closest first, today.

CompanyPrice to book ratio
HALHalliburton2.6×
FTITechnipFMC8.4×
BKRBaker Hughes2.8×
SLBSlb3.0×
NOVNOV1.1×
WFRDWeatherford International3.5×
WHDCactus4.1×
SEISolaris Energy Infrastructure5.0×
OIIOceaneering International3.2×
Peer median3.3×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on Halliburton

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.