Golar LNG Ltd
NASDAQ:GLNG
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P/B
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Valuation Scenarios
If P/B returns to its 3-Year Average (1.8), the stock would be worth $33.61 (36% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 2.9 | $52.68 |
0%
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| 3-Year Average | 1.8 | $33.61 |
-36%
|
| 5-Year Average | 1.1 | $20.65 |
-61%
|
| Industry Average | 1.3 | $22.84 |
-57%
|
| Country Average | 1.1 | $19.55 |
-63%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| BM |
|
Golar LNG Ltd
NASDAQ:GLNG
|
5.3B USD | 2.9 | 81.3 | |
| CA |
|
Enbridge Inc
TSX:ENB
|
154.6B CAD | 2.5 | 22.2 | |
| US |
|
Williams Companies Inc
NYSE:WMB
|
87.6B USD | 6.8 | 33.5 | |
| US |
|
Enterprise Products Partners LP
NYSE:EPD
|
81.8B USD | 2.7 | 14.2 | |
| US |
|
Kinder Morgan Inc
NYSE:KMI
|
70.6B USD | 2.3 | 23.2 | |
| US |
|
Energy Transfer LP
NYSE:ET
|
65.9B USD | 1.9 | 15.8 | |
| CA |
|
TC Energy Corp
TSX:TRP
|
85.5B CAD | 3.2 | 25.5 | |
| US |
|
MPLX LP
NYSE:MPLX
|
56.7B USD | 4 | 11.6 | |
| US |
|
ONEOK Inc
NYSE:OKE
|
54.9B USD | 2.4 | 16.2 | |
| US |
|
Cheniere Energy Inc
NYSE:LNG
|
54.1B USD | 6.8 | 10.1 | |
| US |
|
Targa Resources Corp
NYSE:TRGP
|
51.5B USD | 16.8 | 28 |
Market Distribution
| Min | 0 |
| 30th Percentile | 0.7 |
| Median | 1.1 |
| 70th Percentile | 1.8 |
| Max | 83.1 |
Other Multiples
Golar LNG Ltd
Glance View
Amidst the vast world of maritime transport and energy, Golar LNG Ltd. emerges as a distinctive player, navigating the dynamic seas of liquefied natural gas (LNG). Born out of a realization that the global demand for cleaner energy solutions is the way forward, Golar has artfully positioned itself at the crossroads of energy delivery and technological innovation. The company's business model is underpinned by its ownership and operation of LNG carriers and floating storage regasification units (FSRUs), vessels that are highly specialized to transport and temporarily store LNG, converting it back to natural gas when needed. These assets are versatile and crucial, serving as the connective tissue between abundant natural gas supplies and energy-hungry markets around the world. In more recent times, Golar has further expanded its horizons through pioneering the Floating Liquefied Natural Gas (FLNG) solutions, which have become a game-changer in the industry. These FLNG units enable offshore gas fields to be monetized with greater flexibility, circumventing the need for onshore infrastructure and reducing time to market. By offering such comprehensive solutions, Golar not only transports LNG efficiently but also transforms natural gas into a form ready for consumption, profiting through long-term contracts and charter agreements. Their business deftly aligns with the global pivot towards sustainable energy while capitalizing on the continued growth in LNG demand, positioning Golar LNG Ltd. as a critical conduit in the global energy supply chain.