Golar LNG (Golar LNG) Forward PE Ratio

: 11.34 (As of Today)

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Golar LNG's Forward PE Ratio for today is 11.34.

Golar LNG's PE Ratio without NRI for today is 35.20.

Golar LNG's PE Ratio for today is 0.00.

Golar LNG Forward PE Ratio Historical Data

The historical data trend for Golar LNG's Forward PE 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.

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Golar LNG Annual Data

Trend

2017-12

2018-12

2019-02

2020-06

2021-12

2022-12

2023-12

2024-04

Forward PE Ratio

69.44

38.31

27.25

15.85

20.33

11.22

13.53

11.25

Golar LNG Quarterly Data
	2017-09	2017-12	2018-03	2018-06	2018-09	2018-12	2020-03	2020-06	2021-12	2022-03	2022-06	2022-09	2022-12	2023-03	2023-06	2023-09	2023-12	2024-03
Forward PE Ratio	70.42	69.44	60.98	133.33	47.85	38.31	15.67	15.85	20.33	18.12	10.21	11.92	11.22	10.03	13.35	10.56	13.53	10.83

Competitive Comparison

For the Oil & Gas Midstream subindustry, Golar LNG's Forward PE Ratio, along with its competitors' market caps and Forward PE 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.

Golar LNG Forward PE Ratio Distribution

For the Oil & Gas industry and Energy sector, Golar LNG's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Golar LNG's Forward PE Ratio falls into.

Golar LNG Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.

Golar LNG (NAS:GLNG) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .

Golar LNG Forward PE Ratio Related Terms

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Golar LNG (Golar LNG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Golar LNG Ltd (NAS:GLNG) » Definitions » Forward PE Ratio

Comparable Companies

INSW KNTK HESM NS TNK DHT VNOM LPG GLP PAGP TSX:ENB EPD ET WMB OKE MPLX TSX:TRP KMI LNG TRGP

Traded in Other Exchanges

GLNG:Mexico G2O:Germany G20:Germany G2O:Germany

Address

9 Par-la-Ville Road, 2nd Floor, S.E. Pearman Building, Hamilton, BMU, HM 11

Website

https://www.golarlng.com

Golar LNG Ltd is a midstream LNG company operates in the transportation, regasification, liquefaction, and trading of LNG. The segment in which the group operates includes Shipping, FLNG (Floating Liquefaction Natural Gas vessels), Power, and Corporate and other. It generates maximum revenue from the FLNG segment.