FLEX LNG Ltd.

FLEX LNG Ltd.verified

FLNG

Price:

$25.23

Market Cap:

$1.36B

Flex LNG Ltd., through its subsidiaries, engages in the seaborne transportation of liquefied natural gas (LNG) worldwide. As of February 16, 2022, it owned and operated nine M-type electronically controlled gas injection LNG carriers; and four vessels with generation X dual fuel propulsion systems. It also provides chartering and management services. Flex LNG Ltd. was incorporated in 2006 and is based in Hamilton, Bermuda.[Read more]

Industry

Oil & Gas Midstream

IPO Date

2019-06-17

Stock Exchange

NYSE

Ticker

FLNG

The PE Ratio as of September 2024 (TTM) for FLEX LNG Ltd. (FLNG) is 11.42

According to FLEX LNG Ltd.’s latest financial reports and current stock price. The company's current PE Ratio is 11.42. This represents a change of -18.62% compared to the average of 14.03 of the last 4 quarters.

FLEX LNG Ltd. (FLNG) Historical PE Ratio (quarterly & annually)

How has FLNG PE Ratio performed in the past?

The mean historical PE Ratio of FLEX LNG Ltd. over the last ten years is -7.94. The current 11.42 PE Ratio has changed -14474.28% with respect to the historical average. Over the past ten years (40 quarters), FLNG's PE Ratio was at its highest in in the September 2019 quarter at 278.92. The PE Ratio was at its lowest in in the December 2016 quarter at -270.50.

Quarterly (TTM)
Annual

Average

-7.94

Median

8.48

Minimum

-97.96

Maximum

58.40

FLEX LNG Ltd. (FLNG) PE Ratio by Quarter and Year

Discovering the peaks and valleys of FLEX LNG Ltd. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 78.11%

Maximum Annual PE Ratio = 58.40

Minimum Annual Increase = -7592.36%

Minimum Annual PE Ratio = -97.96

Quarterly (TTM)
Annual
YearPE RatioChange
202313.0040.56%
20229.2519.77%
20217.72-86.78%
202058.4068.03%
201934.76-31.61%
201850.83-206.80%
2017-47.59-51.42%
2016-97.9678.11%
2015-55.004.06%
2014-52.86-7592.36%

FLEX LNG Ltd. (FLNG) Average PE Ratio

How has FLNG PE Ratio performed in the past?

The current PE Ratio of FLEX LNG Ltd. (FLNG) is greater than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

9.99

5-year avg

24.63

10-year avg

-7.94

FLEX LNG Ltd. (FLNG) PE Ratio vs. Peers

How is FLNG’s PE Ratio compared to its peers?

FLEX LNG Ltd.’s PE Ratio is greater than Frontline Ltd. (8.32), greater than TORM plc (4.35), less than Navigator Holdings Ltd. (13.61), greater than Teekay Tankers Ltd. (4.13), greater than Tsakos Energy Navigation Limited (5.05), greater than Scorpio Tankers Inc. (5.11), greater than Dorian LPG Ltd. (4.78), greater than Cheniere Energy Partners, L.P. (7.96), less than Kinder Morgan, Inc. (19.16), less than Golar LNG Limited (23.02), less than ONEOK, Inc. (20.79), greater than International Seaways, Inc. (4.74), greater than Euronav NV (2.86), greater than DHT Holdings, Inc. (10.78),

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