Golar LNG (HAM:G2O) Cyclically Adjusted PS Ratio: 13.20 (As of Jul. 29, 2026) — 69% Above Median

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HAM:G2O Golar LNG Ltd HAM:G2O
73 GF Score
Price €42.50
GF Value €48.48
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Golar LNG Cyclically Adjusted PS Ratio?

Golar LNG HAM:G2O +1.19% 73 Cyclically Adjusted PS Ratio is 13.20 as of Jul. 29, 2026, which is 69% above its 10-year median of 7.79. GuruFocus rates HAM:G2O with a GF Score™ of 73/100 and a GF Value™ of €48.48 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 707 Oil & Gas companies, Golar LNG ranks worse than 97.03% on this metric.

As of today (2026-07-29), Golar LNG's current share price is €42.50. Golar LNG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €3.22. Golar LNG's Cyclically Adjusted PS Ratio for today is 13.20.

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

HAM:G2O' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.82   Med: 7.79   Max: 15.72
Current: 13.28

During the past years, Golar LNG's highest Cyclically Adjusted PS Ratio was 15.72. The lowest was 1.82. And the median was 7.79.

HAM:G2O's Cyclically Adjusted PS Ratio is ranked worse than
97.03% of 707 companies
in the Oil & Gas industry
Industry Median: 1.05 vs HAM:G2O: 13.28

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Golar LNG's adjusted revenue per share data for the three months ended in Mar. 2026 was €1.091. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €3.22 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Golar LNG  (HAM:G2O) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Golar LNG Cyclically Adjusted PS Ratio Related Terms


Golar LNG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Golar LNG's Cyclically Adjusted PS 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.

Golar LNG Cyclically Adjusted PS Ratio Chart

Golar LNG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.11 8.13 7.62 13.25 10.64

Golar LNG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS 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 11.70 12.42 11.86 10.64 14.76

HAM:G2O vs HESM, PAGP, INSW: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Midstream subindustry, Golar LNG's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

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


HAM:G2O
73GF Score
Golar LNG Ltd HAM:G2O
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golar LNG Cyclically Adjusted PS Ratio Calculation

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

Golar LNG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=42.50/3.22
=13.20

* 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.

Golar LNG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Golar LNG's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.091/330.2130*330.2130
=1.091

Current CPI (Mar. 2026) = 330.2130.

Golar LNG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.176 241.018 0.241
201609 0.213 241.428 0.291
201612 0.216 241.432 0.295
201703 0.233 243.801 0.316
201706 0.250 244.955 0.337
201709 0.270 246.819 0.361
201712 0.484 246.524 0.648
201803 0.534 249.554 0.707
201806 0.503 251.989 0.659
201809 1.044 252.439 1.366
201812 1.579 251.233 2.075
201903 0.998 254.202 1.296
201906 0.854 256.143 1.101
201909 0.889 256.759 1.143
201912 1.235 256.974 1.587
202003 1.134 258.115 1.451
202006 0.928 257.797 1.189
202009 0.826 260.280 1.048
202012 0.887 260.474 1.124
202103 0.591 264.877 0.737
202106 0.787 271.696 0.957
202109 0.490 274.310 0.590
202112 0.592 278.802 0.701
202203 0.611 287.504 0.702
202206 0.590 296.311 0.658
202209 0.636 296.808 0.708
202212 0.515 296.797 0.573
202303 0.643 301.836 0.703
202306 0.675 305.109 0.731
202309 0.588 307.789 0.631
202312 0.691 306.746 0.744
202403 0.571 312.332 0.604
202406 0.578 314.175 0.608
202409 0.554 315.301 0.580
202412 0.596 315.605 0.624
202503 0.550 319.799 0.568
202506 0.619 322.561 0.634
202509 0.916 324.800 0.931
202512 1.119 324.054 1.140
202603 1.091 330.213 1.091

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.

What does a Cyclically Adjusted PS Ratio of 13.20 mean?
Golar LNG (HAM:G2O) has a Cyclically Adjusted PS Ratio of 13.20 as of Jul. 29, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Golar LNG and its competitors. This is 69% above median its historical median of 7.79. Over the past decade, Golar LNG's Cyclically Adjusted PS Ratio has ranged from 1.82 to 15.72. According to the industry distribution chart, Golar LNG ranks #686 out of 707 companies in the Oil & Gas industry, placing it in the top 97%.
Is Golar LNG's Cyclically Adjusted PS Ratio too high?
Golar LNG's current Cyclically Adjusted PS Ratio of 13.20 is 69% above median its 10-year median of 7.79. Over the past 10 years, this metric has ranged from a low of 1.82 to a high of 15.72. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.05. Golar LNG's value of 13.20 is 1157.1% above this industry median. Based on the distribution chart, Golar LNG ranks #686 out of 707 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Golar LNG has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Golar LNG's Cyclically Adjusted PS Ratio compare to HESM and PAGP?
According to the Oil & Gas industry distribution chart, Golar LNG ranks #686 out of 707 companies for Cyclically Adjusted PS Ratio. This places Golar LNG in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.05. Golar LNG's value of 13.20 is 1157.1% above this benchmark. Historically, Golar LNG's own Cyclically Adjusted PS Ratio has ranged from 1.82 to 15.72 over the past decade. While the company's 10-year median is 7.79 vs. the industry median of 1.05, Golar LNG has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for an Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 1.05, based on 707 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Golar LNG's current Cyclically Adjusted PS Ratio of 13.20 is 1157.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Golar LNG and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golar LNG's current Cyclically Adjusted PS Ratio is 13.20, which is 69% above median its own 10-year median of 7.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golar LNG stock overvalued right now?
Based on GuruFocus' analysis, Golar LNG (HAM:G2O) is currently considered Modestly Undervalued. The stock's GF Value™ is €48.48, compared to a current price of €42.50 — trading 12.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 13.20, which is 69% above median its 10-year median of 7.79 and 1157.1% above the Oil & Gas industry median of 1.05. Golar LNG's overall GF Score™ is 73/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Golar LNG (HAM:G2O), the current Cyclically Adjusted PS Ratio is 13.20 as of Jul. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Golar LNG (HAM:G2O) Overvalued in 2026?

Based on GuruFocus' analysis, Golar LNG stock appears to be undervalued. The current stock price of €42.50 is trading 12.3% below its estimated GF Value™ of €48.48. GuruFocus considers Golar LNG to be Modestly Undervalued.

Key valuation signals for HAM:G2O:

  • Cyclically Adjusted PS Ratio: 13.20 (69% above median its 10-year median of 7.79)
  • GF Value™: €48.48 vs. price of €42.50 (12.3% below fair value)
  • GF Score™: 73/100 with 9 warning signs
  • Industry Position: 1157.1% above the Oil & Gas median (#686 of 707)

No single metric tells the full story. See the HAM:G2O stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Golar LNG Business Description

Industry EnergyOil & Gas
Address 9 Par-la-Ville Road, 2nd Floor, S.E. Pearman Building, Hamilton, BMU, HM 11
Golar LNG Ltd designs, converts, owns, and operates marine infrastructure for the liquefaction of natural gas and provides floating liquefied natural gas (FLNG) services. It offers solutions for gas resource holders to develop and utilize gas reserves, including stranded, associated, flared, or underutilized resources. The company's reportable segments are: i) FLNG: includes the operations of FLNG vessels and projects, and ii) Corporate and other: includes legacy shipping segment activities, vessel management, floating storage and regasification unit services for third parties. The majority of the company's revenue is derived from the FLNG segment. Geographically, it generates the maximum revenue from Cameroon.
73GF Score

Get the complete analysis for HAM:G2O

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€42.50
Price
€48.48
GF Value