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Flex LNG (STU:0QQA) Cyclically Adjusted PB Ratio : 1.37 (As of May. 25, 2025)


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What is Flex LNG Cyclically Adjusted PB Ratio?

As of today (2025-05-25), Flex LNG's current share price is €19.84. Flex LNG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €14.51. Flex LNG's Cyclically Adjusted PB Ratio for today is 1.37.

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

STU:0QQA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 1.24   Max: 2.62
Current: 1.36

During the past years, Flex LNG's highest Cyclically Adjusted PB Ratio was 2.62. The lowest was 0.28. And the median was 1.24.

STU:0QQA's Cyclically Adjusted PB Ratio is ranked worse than
64.57% of 779 companies
in the Oil & Gas industry
Industry Median: 0.89 vs STU:0QQA: 1.36

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 €13.422. 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 €14.51 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
=19.84/14.51
=1.37

* 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)
=13.422/134.9266*134.9266
=13.422

Current CPI (Mar. 2025) = 134.9266.

Flex LNG Quarterly Data

Book Value per Share CPI Adj_Book
201506 14.554 100.684 19.504
201509 14.514 100.392 19.507
201512 14.906 99.792 20.154
201603 14.549 100.470 19.539
201606 14.375 101.688 19.074
201609 14.351 101.861 19.010
201612 15.259 101.863 20.212
201703 0.000 102.862 0.000
201706 12.649 103.349 16.514
201709 11.830 104.136 15.328
201712 11.944 104.011 15.494
201803 11.424 105.290 14.640
201806 11.992 106.317 15.219
201809 12.032 106.507 15.243
201812 13.442 105.998 17.111
201903 13.479 107.251 16.957
201906 13.416 108.070 16.750
201909 13.773 108.329 17.155
201912 13.959 108.420 17.372
202003 13.698 108.902 16.972
202006 13.333 108.767 16.540
202009 12.809 109.815 15.738
202012 12.735 109.897 15.635
202103 13.569 111.754 16.383
202106 13.272 114.631 15.622
202109 13.782 115.734 16.067
202112 14.814 117.630 16.992
202203 15.473 121.301 17.211
202206 16.197 125.017 17.481
202209 16.894 125.227 18.203
202212 15.951 125.222 17.187
202303 15.148 127.348 16.049
202306 14.954 128.729 15.674
202309 15.256 129.860 15.851
202312 14.465 129.419 15.081
202403 14.397 131.776 14.741
202406 14.203 132.554 14.457
202409 13.359 133.029 13.550
202412 14.242 133.157 14.431
202503 13.422 134.927 13.422

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  (STU:0QQA) 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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