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Golar LNG Partners LP (Golar LNG Partners LP) Shiller PE Ratio : 1.82 (As of May. 05, 2024)


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What is Golar LNG Partners LP Shiller PE Ratio?

As of today (2024-05-05), Golar LNG Partners LP's current share price is $3.55. Golar LNG Partners LP's E10 for the quarter that ended in Dec. 2020 was $1.95. Golar LNG Partners LP's Shiller PE Ratio for today is 1.82.

The historical rank and industry rank for Golar LNG Partners LP's Shiller PE Ratio or its related term are showing as below:

GMLP' s Shiller PE Ratio Range Over the Past 10 Years
Min: 0.86   Med: 1.47   Max: 4.73
Current: 1.79

During the past years, Golar LNG Partners LP's highest Shiller PE Ratio was 4.73. The lowest was 0.86. And the median was 1.47.

GMLP's Shiller PE Ratio is not ranked
in the Oil & Gas industry.
Industry Median: 17.715 vs GMLP: 1.79

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Golar LNG Partners LP's adjusted earnings per share data for the three months ended in Dec. 2020 was $0.272. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.95 for the trailing ten years ended in Dec. 2020.

Shiller PE for Stocks: The True Measure of Stock Valuation


Golar LNG Partners LP Shiller PE Ratio Historical Data

The historical data trend for Golar LNG Partners LP's Shiller PE 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.

Golar LNG Partners LP Shiller PE Ratio Chart

Golar LNG Partners LP Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 4.46 1.17

Golar LNG Partners LP Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Shiller PE 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 1.73 1.34 1.05 1.17

Competitive Comparison of Golar LNG Partners LP's Shiller PE Ratio

For the Oil & Gas Midstream subindustry, Golar LNG Partners LP's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Partners LP's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Golar LNG Partners LP's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Golar LNG Partners LP's Shiller PE Ratio falls into.



Golar LNG Partners LP Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Golar LNG Partners LP's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3.55/1.95
=1.82

* 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 Partners LP's E10 for the quarter that ended in Dec. 2020 is calculated as:

For example, Golar LNG Partners LP's adjusted earnings per share data for the three months ended in Dec. 2020 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2020 (Change)*Current CPI (Dec. 2020)
=0.272/109.8968*109.8968
=0.272

Current CPI (Dec. 2020) = 109.8968.

Golar LNG Partners LP Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201103 0.480 94.283 0.559
201106 0.390 95.235 0.450
201109 0.210 95.727 0.241
201112 0.680 95.213 0.785
201203 0.609 96.783 0.692
201206 0.758 96.819 0.860
201209 0.590 97.633 0.664
201212 0.537 96.871 0.609
201303 0.553 98.209 0.619
201306 0.470 98.518 0.524
201309 0.620 98.790 0.690
201312 0.827 98.326 0.924
201403 0.531 99.695 0.585
201406 0.570 100.560 0.623
201409 1.086 100.428 1.188
201412 0.596 99.070 0.661
201503 0.507 99.621 0.559
201506 0.610 100.684 0.666
201509 0.480 100.392 0.525
201512 0.929 99.792 1.023
201603 0.230 100.470 0.252
201606 0.560 101.688 0.605
201609 0.720 101.861 0.777
201612 1.123 101.863 1.212
201703 0.340 102.862 0.363
201706 0.750 103.349 0.798
201709 0.370 104.136 0.390
201712 0.365 104.011 0.386
201803 0.160 105.290 0.167
201806 0.350 106.317 0.362
201809 0.640 106.507 0.660
201812 -0.272 105.998 -0.282
201903 -0.250 107.251 -0.256
201906 -0.120 108.070 -0.122
201909 0.070 108.329 0.071
201912 0.439 108.420 0.445
202003 -0.478 108.902 -0.482
202006 0.206 108.767 0.208
202009 0.200 109.815 0.200
202012 0.272 109.897 0.272

Add all the adjusted EPS together and divide 10 will get our E10.

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.


Golar LNG Partners LP  (NAS:GMLP) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Golar LNG Partners LP Shiller PE Ratio Related Terms

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Golar LNG Partners LP (Golar LNG Partners LP) Business Description

Traded in Other Exchanges
Address
9 Par-la-Ville Road, 2nd Floor, South East Pearman Building, Hamilton, BMU, HM 11
Golar LNG Partners LP owns and operates floating storage regasification units (FSRUs) and liquefied natural gas (LNG) carriers under long-term time charters. The company has three reportable segments: LNG, FSRUs, and FING (floating liquefied natural gas vessel). It generates maximum revenue from the FSRUs segment. Its geographical segments are Brazil, Jordan, Indonesia, Kuwait, and the United Arab Emirates. The company's operational FSRU projects include Golar Spirit, Golar Igloo, Golar Eskimo, Golar Winter, Golar Freeze, and Nusantara Regas Satu.

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