Golar LNG Partners LP (Golar LNG Partners LP) Price-to-Tangible-Book : 0.49 (As of Apr. 26, 2024)

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What is Golar LNG Partners LP Price-to-Tangible-Book?

As of today (2024-04-26), Golar LNG Partners LP's share price is $3.55. Golar LNG Partners LP's Tangible Book per Share of Dec. 2020 for the quarter that ended in Dec. 2020 was $7.24. Hence, Golar LNG Partners LP's Price to Tangible Book Ratio of today is 0.49.

The historical rank and industry rank for Golar LNG Partners LP's Price-to-Tangible-Book or its related term are showing as below:

GMLP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.31 Med: 2.83 Max: 8.91
Current: 0.49

During the past 12 years, Golar LNG Partners LP's highest Price to Tangible Book Ratio was 8.91. The lowest was 0.31. And the median was 2.83.

GMLP's Price-to-Tangible-Book is not ranked
in the Oil & Gas industry.
Industry Median: 1.31 vs GMLP: 0.49

A closely related ratio is called PB Ratio. As of today, Golar LNG Partners LP's share price is $3.55. Golar LNG Partners LP's Book Value per Sharefor the quarter that ended in Dec. 2020 was $7.84. Hence, Golar LNG Partners LP's P/B Ratio of today is 0.45.

Golar LNG Partners LP Price-to-Tangible-Book Historical Data

The historical data trend for Golar LNG Partners LP's Price-to-Tangible-Book 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.

* Premium members only.

Golar LNG Partners LP Price-to-Tangible-Book Chart

Golar LNG Partners LP Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Price-to-Tangible-Book

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3.42

2.28

1.21

1.18

0.36

Golar LNG Partners LP Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.18	0.51	0.38	0.30	0.36

Competitive Comparison of Golar LNG Partners LP's Price-to-Tangible-Book

For the Oil & Gas Midstream subindustry, Golar LNG Partners LP's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Partners LP's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Golar LNG Partners LP's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Golar LNG Partners LP's Price-to-Tangible-Book falls into.

Golar LNG Partners LP Price-to-Tangible-Book Calculation

Golar LNG Partners LP's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2020 )
	=	3.55	/	7.242
	=	0.49

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Golar LNG Partners LP Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Golar LNG Partners LP's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Golar LNG Partners LP (Golar LNG Partners LP) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

GMLPF.PFD:USA

Address

9 Par-la-Ville Road, 2nd Floor, South East Pearman Building, Hamilton, BMU, HM 11

Website

https://www.golarlngpartners.com

Golar LNG Partners LP owns and operates floating storage regasification units (FSRUs) and liquefied natural gas (LNG) carriers under long-term time charters. The company has three reportable segments: LNG, FSRUs, and FING (floating liquefied natural gas vessel). It generates maximum revenue from the FSRUs segment. Its geographical segments are Brazil, Jordan, Indonesia, Kuwait, and the United Arab Emirates. The company's operational FSRU projects include Golar Spirit, Golar Igloo, Golar Eskimo, Golar Winter, Golar Freeze, and Nusantara Regas Satu.