In the current session, the stock is trading at $42.53, after a 2.93% spike. Over the past month, Halliburton Inc. (NYSE:HAL) stock increased by 7.70%, and in the past year, by 39.90%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.
How Does Halliburton P/E Compare to Other Companies?
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against ...