GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Golar LNG Ltd (NAS:GLNG) » Definitions » Price-to-Tangible-Book

Golar LNG (Golar LNG) Price-to-Tangible-Book : 1.27 (As of Apr. 25, 2024)


View and export this data going back to 2002. Start your Free Trial

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

As of today (2024-04-25), Golar LNG's share price is $25.155. Golar LNG's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $19.77. Hence, Golar LNG's Price to Tangible Book Ratio of today is 1.27.

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

GLNG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.77   Med: 1.07   Max: 1.76
Current: 1.27

During the past 13 years, Golar LNG's highest Price to Tangible Book Ratio was 1.76. The lowest was 0.77. And the median was 1.07.

GLNG's Price-to-Tangible-Book is ranked better than
52.7% of 926 companies
in the Oil & Gas industry
Industry Median: 1.31 vs GLNG: 1.27

A closely related ratio is called PB Ratio. As of today, Golar LNG's share price is $25.155. Golar LNG's Book Value per Sharefor the quarter that ended in Dec. 2023 was $19.77. Hence, Golar LNG's P/B Ratio of today is 1.27.


Golar LNG Price-to-Tangible-Book Historical Data

The historical data trend for Golar LNG'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 Price-to-Tangible-Book Chart

Golar LNG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.82 0.77 0.98 1.16

Golar LNG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book 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 0.98 1.08 1.02 1.19 1.16

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

For the Oil & Gas Midstream subindustry, Golar LNG'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's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

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

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



Golar LNG Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=25.155/19.772
=1.27

* 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.

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

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 Price-to-Tangible-Book Related Terms

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


Golar LNG (Golar LNG) Business Description

Industry
Traded in Other Exchanges
Address
9 Par-la-Ville Road, 2nd Floor, S.E. Pearman Building, Hamilton, BMU, HM 11
Golar LNG Ltd is a midstream LNG company operates in the transportation, regasification, liquefaction, and trading of LNG. The segment in which the group operates includes Shipping, FLNG (Floating Liquefaction Natural Gas vessels), Power, and Corporate and other. It generates maximum revenue from the FLNG segment.

Golar LNG (Golar LNG) Headlines

From GuruFocus

Golar LNG Limited � Q3 2022 results presentation

By Value_Insider Value_Insider 10-24-2022

Golar LNG Limited: 2023 AGM Results Notification

By Marketwired 08-08-2023

Golar LNG Limited � Q4 2022 results presentation

By Stock market mentor Stock market mentor 01-25-2023

Golar sale of approximately $100 million of shares in CoolCo

By Value_Insider Value_Insider 11-03-2022

Golar FLNG Gimi Gastech event and FLNG tour

By Marketwired 08-23-2023

Golar releases its 2022 Environmental, Social and Governance report

By sperokesalga sperokesalga 05-30-2023

Golar LNG Limited � Contemplated buy-back of bonds

By Value_Insider Value_Insider 12-05-2022