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Flex LNG (OSTO:FLNGO) Cyclically Adjusted PB Ratio : 1.50 (As of Jun. 03, 2025)


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What is Flex LNG Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Flex LNG's current share price is kr245.50. Flex LNG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr164.07. Flex LNG's Cyclically Adjusted PB Ratio for today is 1.50.

The historical rank and industry rank for Flex LNG's Cyclically Adjusted PB Ratio or its related term are showing as below:

OSTO:FLNGo' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 1.28   Max: 2.62
Current: 1.45

During the past years, Flex LNG's highest Cyclically Adjusted PB Ratio was 2.62. The lowest was 0.28. And the median was 1.28.

OSTO:FLNGo's Cyclically Adjusted PB Ratio is ranked worse than
66.41% of 780 companies
in the Oil & Gas industry
Industry Median: 0.9 vs OSTO:FLNGo: 1.45

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Flex LNG's adjusted book value per share data for the three months ended in Mar. 2025 was kr154.947. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is kr164.07 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Flex LNG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Flex LNG's Cyclically Adjusted PB 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.

* Premium members only.

Flex LNG Cyclically Adjusted PB Ratio Chart

Flex LNG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 1.47 2.21 1.86 1.52

Flex LNG Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.64 1.76 1.62 1.52 1.44

Competitive Comparison of Flex LNG's Cyclically Adjusted PB Ratio

For the Oil & Gas Midstream subindustry, Flex LNG's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Flex LNG's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Flex LNG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Flex LNG's Cyclically Adjusted PB Ratio falls into.


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Flex LNG Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Flex LNG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=245.50/164.07
=1.50

* 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.

Flex LNG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Flex LNG's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=154.947/134.9266*134.9266
=154.947

Current CPI (Mar. 2025) = 134.9266.

Flex LNG Quarterly Data

Book Value per Share CPI Adj_Book
201506 127.592 100.684 170.986
201509 134.949 100.392 181.372
201512 141.223 99.792 190.944
201603 137.317 100.470 184.410
201606 134.162 101.688 178.015
201609 132.002 101.861 174.852
201612 137.805 101.863 182.536
201703 0.000 102.862 0.000
201706 120.231 103.349 156.967
201709 110.519 104.136 143.197
201712 117.567 104.011 152.512
201803 109.458 105.290 140.268
201806 113.621 106.317 144.196
201809 115.779 106.507 146.673
201812 131.918 105.998 167.921
201903 131.089 107.251 164.917
201906 130.865 108.070 163.387
201909 136.592 108.329 170.128
201912 139.963 108.420 174.181
202003 155.000 108.902 192.042
202006 143.135 108.767 177.560
202009 138.225 109.815 169.833
202012 134.896 109.897 165.620
202103 137.506 111.754 166.018
202106 134.690 114.631 158.537
202109 140.384 115.734 163.664
202112 150.339 117.630 172.446
202203 150.538 121.301 167.448
202206 166.894 125.017 180.123
202209 172.253 125.227 185.596
202212 166.949 125.222 179.888
202303 170.816 127.348 180.982
202306 174.917 128.729 183.339
202309 174.617 129.860 181.431
202312 166.410 129.419 173.491
202403 166.072 131.776 170.042
202406 162.295 132.554 165.200
202409 157.494 133.029 159.741
202412 167.334 133.157 169.558
202503 154.947 134.927 154.947

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Flex LNG  (OSTO:FLNGo) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Flex LNG Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Flex LNG's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Flex LNG Business Description

Industry
Address
14 Par-la-Ville Road, Par-la-Ville Place, Hamilton, BMU, HM08
Flex LNG Ltd is an LNG shipping company with a fleet of next-generation LNG carriers with large cargo capacity. The fleet consists of thirteen modern LNG ships, ten existing and three under construction for delivery. All LNG carriers are equipped with slow-speed, two-stroke engines MEGI or X-DF propulsion which will provide Charterers with tonnage offering advantages in form of reduced fuel consumption and lowered boil-off rates.

Flex LNG Headlines

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