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Halliburton Co (MEX:HAL) Cyclically Adjusted PB Ratio : 1.60 (As of May. 22, 2025)


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What is Halliburton Co Cyclically Adjusted PB Ratio?

As of today (2025-05-22), Halliburton Co's current share price is MXN390.00. Halliburton Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN243.00. Halliburton Co's Cyclically Adjusted PB Ratio for today is 1.60.

The historical rank and industry rank for Halliburton Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

MEX:HAL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 2.48   Max: 4.24
Current: 1.61

During the past years, Halliburton Co's highest Cyclically Adjusted PB Ratio was 4.24. The lowest was 0.34. And the median was 2.48.

MEX:HAL's Cyclically Adjusted PB Ratio is ranked worse than
72.04% of 776 companies
in the Oil & Gas industry
Industry Median: 0.895 vs MEX:HAL: 1.61

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Halliburton Co's adjusted book value per share data for the three months ended in Mar. 2025 was MXN246.330. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is MXN243.00 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Halliburton Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Halliburton Co's Cyclically Adjusted PB 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.

* Premium members only.

Halliburton Co Cyclically Adjusted PB Ratio Chart

Halliburton Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.33 1.60 2.82 2.72 2.18

Halliburton Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB 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 2.97 2.58 2.27 2.18 2.06

Competitive Comparison of Halliburton Co's Cyclically Adjusted PB Ratio

For the Oil & Gas Equipment & Services subindustry, Halliburton Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Halliburton Co's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Halliburton Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Halliburton Co's Cyclically Adjusted PB Ratio falls into.


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Halliburton Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Halliburton Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=390.00/243.00
=1.60

* 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.

Halliburton Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Halliburton Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=246.33/134.9266*134.9266
=246.330

Current CPI (Mar. 2025) = 134.9266.

Halliburton Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 288.174 100.684 386.182
201509 305.310 100.392 410.338
201512 310.595 99.792 419.947
201603 261.119 100.470 350.669
201606 209.321 101.688 277.741
201609 216.674 101.861 287.010
201612 224.002 101.863 296.711
201703 194.393 102.862 254.990
201706 185.269 103.349 241.876
201709 191.824 104.136 248.543
201712 187.216 104.011 242.863
201803 173.682 105.290 222.570
201806 197.233 106.317 250.308
201809 192.132 106.507 243.400
201812 214.655 105.998 273.238
201903 213.667 107.251 268.804
201906 208.968 108.070 260.900
201909 219.618 108.329 273.539
201912 172.103 108.420 214.179
202003 183.238 108.902 227.028
202006 136.571 108.767 169.417
202009 130.094 109.815 159.843
202012 111.800 109.897 137.263
202103 118.875 111.754 143.524
202106 121.362 114.631 142.849
202109 130.663 115.734 152.331
202112 153.695 117.630 176.295
202203 155.067 121.301 172.485
202206 158.149 125.017 170.685
202209 168.829 125.227 181.907
202212 171.790 125.222 185.104
202303 168.160 127.348 178.168
202306 165.960 128.729 173.950
202309 178.081 129.860 185.030
202312 179.298 129.419 186.928
202403 180.702 131.776 185.022
202406 207.476 132.554 211.190
202409 230.901 133.029 234.195
202412 252.431 133.157 255.786
202503 246.330 134.927 246.330

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

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.


Halliburton Co  (MEX:HAL) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Halliburton Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Halliburton Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Halliburton Co Business Description

Industry
Address
3000 North Sam Houston Parkway East, Houston, TX, USA, 77032
Halliburton is North America's largest oilfield service company as measured by market share. Despite industry fragmentation, it holds a leading position in the hydraulic fracturing and completions market, which makes up nearly half of its revenue. It also holds strong positions in other service offerings like drilling and completions fluids, which leverages its expertise in material science, as well as the directional drilling market. While we consider SLB the global leader in reservoir evaluation, we think Halliburton leads in any activity from the reservoir to the wellbore. The firm's innovations have helped multiple producers lower their development costs per barrel of oil equivalent, with techniques that have been homed in over a century of operations.