Start with its own history
At 17.48×, CLB is 56.8% below its 9-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · CLBOil & Gas Equipment & ServicesUpdated Nov 2, 2026
Core Laboratories N.V. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
17.48×
56.8% belowthe 9-observation annual average
Share price10.49
÷Earnings per share0.6
Price and EPS in quote currency. Calculation details
Investors are paying 17.48 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 40.44×
3-year average23.92×3 positive annual observations
5-year average34.38×5 positive annual observations
10-year average40.44×9 positive annual observations
Peer median · TTM10.14×2 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 23.57× | -8.8% |
| Dec 31, 2024 | 25.84× | +15.6% |
| Dec 31, 2023 | 22.35× | -53.7% |
| Dec 31, 2022 | 48.26× | -7.0% |
| Dec 31, 2021 | 51.88× | N/M |
| Dec 31, 2020 | N/M | N/M |
| Dec 31, 2019 | 17.85× | -46.1% |
| Dec 31, 2018 | 33.14× | -43.1% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 58.27× | -29.6% |
| Dec 31, 2016 | 82.79× | +106.3% |
| Dec 31, 2015 | 40.13× | +96.7% |
| Dec 31, 2014 | 20.40× | -42.5% |
| Dec 31, 2013 | 35.49× | +51.3% |
| Dec 31, 2012 | 23.46× | -17.9% |
| Dec 31, 2011 | 28.56× | +3.6% |
| Dec 31, 2010 | 27.57× | +15.3% |
| Dec 31, 2009 | 23.91× | +127.7% |
| Dec 31, 2008 | 10.50× | -56.6% |
| Dec 31, 2007 | 24.17× | -1.5% |
| Dec 31, 2006 | 24.55× | -21.2% |
| Dec 31, 2005 | 31.13× | -38.7% |
| Dec 31, 2004 | 50.78× | +88.5% |
| Dec 31, 2003 | 26.94× | N/M |
| Dec 31, 2002 | N/M | N/M |
| Dec 31, 2001 | 22.61× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How CLB compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 CLB This stockCore Laboratories N.V. | 17.48× |
 CAPLCrossAmerica Partners LP | 15.12× |
 BORRBorr Drilling Limited | N/M |
 TNPTsakos Energy Navigation Limited | 5.15× |
 PDSPrecision Drilling Corporation | N/M |
 GRNTGranite Ridge Resources, Inc | N/M |
 NBRNabors Industries Ltd. | N/M |
 VTSVitesse Energy, Inc. | N/M |
 TXOTXO Partners, L.P. | N/M |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does CLB’s P/E tell you?
Compare like with like
The median of the 2 positive peer ratios above is 10.14×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take CLB into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("CLB", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 10.49 ÷ EPS 0.6 = 17.48×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 2, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
CLB P/E ratio: common questions
The essentials behind the numbers.
Core Laboratories N.V.'s current P/E is 17.48× based on the quote data last updated Nov 2, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.