Is slb undervalued or overvalued?

**Schlumberger Limited (SLB) appears to be undervalued** based on several indicators and analysis: 1. **Valuation Ratios**: Schlumberger's P/E (Price-to-Earnings) ratio is 15.24 as of June 26, 2024. This is lower than Meta's P/E ratio of 28.44, indicating that Schlumberger may be relatively undervalued compared to Meta. 2. **Market Cap and Enterprise Value**: Schlumberger has a market cap or net worth of $66.84 billion, and an enterprise value of $74.76 billion. These figures suggest a substantial market capitalization, which could indicate that the stock is undervalued given its size and industry dominance. 3. **Industry Position**: Schlumberger is a leading player in the Energy Equipment & Services industry, which is a critical sector for oil and gas production. Its market share and competitive position within the industry suggest a strong business outlook, which could support the stock's value. 4. **Financial Performance**: Schlumberger has demonstrated strong financial performance with a net margin of 13.67% and return on equity (ROE) of 22.00%. These figures indicate a profitable and efficient business, which could suggest that the stock is undervalued. 5. **Intrinsic Value Analysis**: Various analyses have been conducted to determine Schlumberger's intrinsic value, which can provide insight into whether the stock is undervalued or overvalued. However, the specific intrinsic value figures for Schlumberger are not available in the provided references, so this point cannot be directly assessed here. In conclusion, based on the available data and analysis, Schlumberger Limited appears to be undervalued. Its lower P/E ratio compared to Meta, substantial market capitalization, strong industry position, and solid financial performance all suggest that the stock may be trading at a discount relative to its intrinsic value. Investors should consider this information along with other factors when making investment decisions for Schlumberger.