P/E ratio for Golar LNG (GLNG)

P/E ratio history for Golar LNG from 2003 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
SFL Corp SFL	11.4	-68.75%	🇧🇲 Bermuda
Teekay TK	4.78	-86.85%	🇨🇦 Canada
Golar LNG Partners GMLP	N/A	N/A	🇧🇲 Bermuda
Teekay Tankers TNK	2.65	-92.72%	🇨🇦 Canada
Scorpio Tankers STNG	3.39	-90.67%	🇲🇨 Monaco
Nordic American Tankers NAT	5.23	-85.62%	🇧🇲 Bermuda

How to read a P/E ratio?

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.