Flex LNG (STU:0QQA) Cyclically Adjusted PS Ratio: 5.98 (As of Aug. 23, 2026) — 11% Below Median

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STU:0QQA Flex LNG Ltd STU:0QQA
68 GF Score
Price €27.50
GF Value €22.75
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Flex LNG Cyclically Adjusted PS Ratio?

Flex LNG STU:0QQA +0.36% 68 Cyclically Adjusted PS Ratio is 5.98 as of Aug. 23, 2026, which is 11% below its 10-year median of 6.73. GuruFocus rates STU:0QQA with a GF Score™ of 68/100 and a GF Value™ of €22.75 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 716 Oil & Gas companies, Flex LNG ranks worse than 91.76% on this metric.

As of today (2026-08-23), Flex LNG's current share price is €27.50. Flex LNG's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €4.60. Flex LNG's Cyclically Adjusted PS Ratio for today is 5.98.

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

STU:0QQA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.5   Med: 6.73   Max: 19.79
Current: 6.07

During the past years, Flex LNG's highest Cyclically Adjusted PS Ratio was 19.79. The lowest was 2.50. And the median was 6.73.

STU:0QQA's Cyclically Adjusted PS Ratio is ranked worse than
91.76% of 716 companies
in the Oil & Gas industry
Industry Median: 1.06 vs STU:0QQA: 6.07

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.

Flex LNG's adjusted revenue per share data for the three months ended in Jun. 2026 was €1.714. 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 €4.60 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Flex LNG  (STU:0QQA) 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.


Flex LNG Cyclically Adjusted PS Ratio Related Terms


Flex LNG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Flex 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.

Flex LNG Cyclically Adjusted PS Ratio Chart

Flex 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 7.76 8.65 6.71 4.85 4.96

Flex LNG Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 4.46 5.04 4.96 5.77 5.31

STU:0QQA vs GLP, GEL, LPG: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Midstream subindustry, Flex 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.


Flex LNG Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

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


STU:0QQA
68GF Score
Flex LNG Ltd STU:0QQA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Flex 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=27.50/4.60
=5.98

* 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 Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.714/333.9520*333.9520
=1.714

Current CPI (Jun. 2026) = 333.9520.

Flex LNG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.000 241.428 0.000
201612 0.000 241.432 0.000
201703 0.052 243.801 0.071
201706 0.214 244.955 0.292
201709 0.222 246.819 0.300
201712 0.181 246.524 0.245
201803 0.343 249.554 0.459
201806 0.164 251.989 0.217
201809 0.443 252.439 0.586
201812 0.611 251.233 0.812
201903 0.313 254.202 0.411
201906 0.311 256.143 0.405
201909 0.499 256.759 0.649
201912 0.863 256.974 1.122
202003 0.639 258.115 0.827
202006 0.423 257.797 0.548
202009 0.518 260.280 0.665
202012 1.021 260.474 1.309
202103 1.267 264.877 1.597
202106 1.022 271.696 1.256
202109 1.306 274.310 1.590
202112 1.902 278.802 2.278
202203 1.269 287.504 1.474
202206 1.490 296.311 1.679
202209 1.723 296.808 1.939
202212 1.724 296.797 1.940
202303 1.602 301.836 1.772
202306 1.484 305.109 1.624
202309 1.642 307.789 1.782
202312 1.650 306.746 1.796
202403 1.538 312.332 1.644
202406 1.456 314.175 1.548
202409 1.509 315.301 1.598
202412 1.609 315.605 1.703
202503 1.512 319.799 1.579
202506 1.378 322.561 1.427
202509 1.349 324.800 1.387
202512 1.382 324.054 1.424
202603 1.287 330.213 1.302
202606 1.714 333.952 1.714

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 5.98 mean?
Flex LNG (STU:0QQA) has a Cyclically Adjusted PS Ratio of 5.98 as of Aug. 23, 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 Flex LNG and its competitors. This is 11% below median its historical median of 6.73. Over the past decade, Flex LNG's Cyclically Adjusted PS Ratio has ranged from 2.50 to 19.79. According to the industry distribution chart, Flex LNG ranks #657 out of 716 companies in the Oil & Gas industry, placing it in the top 91.8%.
Is Flex LNG's Cyclically Adjusted PS Ratio too high?
Flex LNG's current Cyclically Adjusted PS Ratio of 5.98 is 11% below median its 10-year median of 6.73. Over the past 10 years, this metric has ranged from a low of 2.50 to a high of 19.79. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.06. Flex LNG's value of 5.98 is 464.2% above this industry median. Based on the distribution chart, Flex LNG ranks #657 out of 716 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Flex LNG has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Flex LNG's Cyclically Adjusted PS Ratio compare to GLP and GEL?
According to the Oil & Gas industry distribution chart, Flex LNG ranks #657 out of 716 companies for Cyclically Adjusted PS Ratio. This places Flex LNG in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.06. Flex LNG's value of 5.98 is 464.2% above this benchmark. Historically, Flex LNG's own Cyclically Adjusted PS Ratio has ranged from 2.50 to 19.79 over the past decade. While the company's 10-year median is 6.73 vs. the industry median of 1.06, Flex 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 1.06, based on 716 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. Flex LNG's current Cyclically Adjusted PS Ratio of 5.98 is 464.2% 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 Flex LNG and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flex LNG's current Cyclically Adjusted PS Ratio is 5.98, which is 11% below median its own 10-year median of 6.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flex LNG stock overvalued right now?
Based on GuruFocus' analysis, Flex LNG (STU:0QQA) is currently considered Modestly Overvalued. The stock's GF Value™ is €22.75, compared to a current price of €27.50 — trading 20.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.98, which is 11% below median its 10-year median of 6.73 and 464.2% above the Oil & Gas industry median of 1.06. Flex LNG's overall GF Score™ is 68/100 with 8 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 Flex LNG (STU:0QQA), the current Cyclically Adjusted PS Ratio is 5.98 as of Aug. 23, 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 Flex LNG (STU:0QQA) Overvalued in 2026?

Based on GuruFocus' analysis, Flex LNG stock appears to be overvalued. The current stock price of €27.50 is trading 20.9% above its estimated GF Value™ of €22.75. GuruFocus considers Flex LNG to be Modestly Overvalued.

Key valuation signals for STU:0QQA:

  • Cyclically Adjusted PS Ratio: 5.98 (11% below median its 10-year median of 6.73)
  • GF Value™: €22.75 vs. price of €27.50 (20.9% above fair value)
  • GF Score™: 68/100 with 8 warning signs
  • Industry Position: 464.2% above the Oil & Gas median (#657 of 716)

No single metric tells the full story. See the STU:0QQA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Flex LNG Business Description

Industry EnergyOil & Gas
Other Exchanges FLNG:USA
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 company's fleet consists of several LNG carriers on the water, and all of its vessels are of the latest generation equipped with two-stroke propulsion. Its fleet consists of M-type, Electronically Controlled, Gas Injection (MEGI) LNG carriers and Generation X Dual Fuel (X-DF) LNG carriers, offering improvements in fuel efficiency and thus also carbon footprint compared to the older steam and four-stroke propelled ships. The company has one reportable segment: vessel operations, which generates revenue from the chartering of vessels to customers.
68GF Score

Get the complete analysis for STU:0QQA

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

€27.50
Price
€22.75
GF Value