According to Golar LNG 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 40.7576. At the end of 2022 the company had a P/E ratio of 3.12.
Year | P/E ratio | Change |
---|---|---|
2022 | 3.12 | -5.01% |
2021 | 3.28 | -195.62% |
2020 | -3.44 | -31.83% |
2019 | -5.04 | -47.2% |
2018 | -9.54 | -43.26% |
2017 | -16.8 | 47.31% |
2016 | -11.4 | 57.36% |
2015 | -7.26 | -90.43% |
2014 | -75.8 | -452.05% |
2013 | 21.5 | 606.38% |
2012 | 3.05 | -95.82% |
2011 | 72.9 | -95.15% |
2010 | > 1000 | 3763.73% |
2009 | 38.8 | -186.2% |
2008 | -45.1 | -519.7% |
2007 | 10.7 | -8.56% |
2006 | 11.7 | -53.03% |
2005 | 25.0 | 25.92% |
2004 | 19.9 | -5.26% |
2003 | 21.0 |
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.