Halliburton CoHAL -1.33%73 PS Ratio is 1.31 as of Jun. 28, 2026, which is 6% below its 10-year median of 1.39. GuruFocus rates HAL with a GF Score™ of 73/100 and a GF Value™ of $33.37 (Fairly Valued). The stock has 2 warning signs investors should review. Among 882 Oil & Gas companies, Halliburton Co ranks worse than 50.45% on this metric.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Halliburton Co's share price is $34.21.
Halliburton Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $26.18. Hence, Halliburton Co's PS Ratio for today is 1.31.
The historical rank and industry rank for Halliburton Co's PS Ratio or its related term are showing as below:
HAL'
s PS Ratio Range Over the Past 10 Years
Min: 0.2 Med: 1.39 Max: 3.16
Current: 1.31
During the past 13 years, Halliburton Co's highest PS Ratio was 3.16. The lowest was 0.20. And the median was 1.39.
HAL's PS Ratio is ranked worse than 50.45% of 882
companies
in the Oil & Gas industry
Industry Median: 1.29
vs HAL: 1.31
Halliburton Co revenue growth has slowed down over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Halliburton Co was 1.80% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 5.20% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 11.10% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 0.40% per year.
During the past 13 years, Halliburton Co's highest 3-Year average Revenue per Share Growth Rate was 36.10% per year. The lowest was -24.90% per year. And the median was 3.90% per year.
Back to Basics: PS Ratio
Halliburton Co (NYSE:HAL) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Halliburton Co PS Ratio Related Terms
Halliburton Co PS Ratio Historical Data
* Premium members only.
The historical data trend for Halliburton Co's PS 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.
For the Oil & Gas Equipment & Services subindustry, Halliburton Co's PS Ratio, along with its competitors' market caps and PS 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 PS Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Halliburton Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where Halliburton Co's PS Ratio falls into.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Halliburton Co's Share Price of today is $34.21. Halliburton Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $26.18.
* 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.
It can also be calculated from the numbers for the whole company:
Halliburton Co (HAL) has a PS Ratio of 1.31 as of Jun. 28, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Halliburton Co and its competitors. This is near median its historical median of 1.39. Over the past decade, Halliburton Co's PS Ratio has ranged from 0.20 to 3.16. According to the industry distribution chart, Halliburton Co ranks #445 out of 882 companies in the Oil & Gas industry, placing it in the top 50.5%.
Is Halliburton Co's PS Ratio too high?
Halliburton Co's current PS Ratio of 1.31 is near median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 3.16. The Oil & Gas industry median PS Ratio is 1.29. Halliburton Co's value of 1.31 is 1.6% above this industry median. Based on the distribution chart, Halliburton Co ranks #445 out of 882 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Halliburton Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Halliburton Co's PS Ratio compare to FTI and WFRD?
According to the Oil & Gas industry distribution chart, Halliburton Co ranks #445 out of 882 companies for PS Ratio. This places Halliburton Co in the lower half of its industry. The industry median PS Ratio is 1.29. Halliburton Co's value of 1.31 is 1.6% above this benchmark. Historically, Halliburton Co's own PS Ratio has ranged from 0.20 to 3.16 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 1.29, Halliburton Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PS Ratio for an Oil & Gas company?
The median PS Ratio among Oil & Gas companies is 1.29, based on 882 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Halliburton Co's current PS Ratio of 1.31 is 1.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Halliburton Co and its competitors. For the Oil & Gas industry, the median PS Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Halliburton Co's current PS Ratio is 1.31, which is near median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Halliburton Co stock overvalued right now?
Based on GuruFocus' analysis, Halliburton Co (HAL) is currently considered Fairly Valued. The stock's GF Value™ is $33.37, compared to a current price of $34.21 — trading 2.5% above its estimated fair value. The current PS Ratio is 1.31, which is near median its 10-year median of 1.39 and 1.6% above the Oil & Gas industry median of 1.29. Halliburton Co's overall GF Score™ is 73/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Halliburton Co (HAL), the current PS Ratio is 1.31 as of Jun. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Halliburton Co (HAL) Overvalued in 2026?
Based on GuruFocus' analysis, Halliburton Co stock appears to be overvalued.
The current stock price of $34.21 is trading 2.5% above its estimated GF Value™ of $33.37.
GuruFocus considers Halliburton Co to be Fairly Valued.
Key valuation signals for HAL:
PS Ratio: 1.31 (near median its 10-year median of 1.39)
GF Value™: $33.37 vs. price of $34.21 (2.5% above fair value)
Industry Position: 1.6% above the Oil & Gas median (#445 of 882)
No single metric tells the full story. See the HAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Halliburton is North America's largest oilfield-services 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. Halliburton's innovations have helped multiple producers lower their development costs per barrel of oil equivalent, with techniques that have been honed over a century of operations.
73GF Score
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