Golar LNG Ltd
NASDAQ:GLNG

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Golar LNG Ltd
NASDAQ:GLNG
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Price: 52.68 USD 0.04% Market Closed
Market Cap: $5.4B

P/B

2.9
Current
57%
More Expensive
vs 3-y average of 1.8

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.

P/B
2.9
=
Market Cap
$5.6B
/
Total Equity
$1.8B

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.

P/B
2.9
=
Market Cap
$5.6B
/
Total Equity
$1.8B

Valuation Scenarios

Golar LNG Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (1.8), the stock would be worth $33.61 (36% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-63%
Maximum Upside
No Upside Scenarios
Average Downside
54%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 2.9 $52.68
0%
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

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

Higher than 89% of companies in Bermuda
Percentile
89th
Based on 181 companies
89th percentile
2.9
Low
0 — 0.7
Typical Range
0.7 — 1.8
High
1.8 —
Distribution Statistics
Bermuda
Min 0
30th Percentile 0.7
Median 1.1
70th Percentile 1.8
Max 83.1

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.

GLNG Intrinsic Value
62.88 USD
Undervaluation 16%
Intrinsic Value
Price $52.68
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