As of May 2, 2024, the LECO stock has a P/E ratio of 23.28. The calculation is based on the latest EPS of $9.56 and the stock price of $222.56 per share. The PE ratio currently is comparable to its last 4-quarter average.
The mean historical PE ratio of Lincoln Electric Holdings over the last ten years is 24.3. The current 23.28 price-to-earnings ratio is 4.2% less than the historical average. Analyzing the last ten years, LECO's PE ratio reached its highest point in the Jun 2016 quarter at 54.7, with a price of $59.08 and an EPS of $1.08. The Mar 2020 quarter saw the lowest point at 15.27, with a price of $69 and an EPS of $4.52.
Maximum annual increase: 64.3% in 2020
Maximum annual decrease: -40.69% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 22.89 | 28.96% |
| 2022 | 17.75 | -40.69% |
| 2021 | 29.93 | -10.92% |
| 2020 | 33.6 | 64.3% |
| 2019 | 20.45 | 14.63% |
| 2018 | 17.84 | -26.77% |
| 2017 | 24.36 | -6.6% |
| 2016 | 26.08 | -13.56% |
| 2015 | 30.17 | 40.59% |
| 2014 | 21.46 | 7.68% |
The current PE ratio of LECO is under its 3, 5 and 10-year averages.
LECO's PE ratio is less than its peer stocks ITW and HURC, but it is above KMT's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| KMT Kennametal Inc | 15.79 | $1.92B |
| LECO Lincoln Electric Holdings Inc | 23.28 | $12.67B |
| ITW Illinois Tool Works Inc | 24.77 | $72.32B |
| HURC Hurco Companies Inc | 80.91 | $115.81M |
| SWK Stanley Black & Decker Inc | N/A | $13.08B |
LECO's price to earnings ratio is 23.28 as of May 2, 2024.
The average PE ratio for LECO stock over the past 3 years is 23.32.
The average PE ratio for LECO stock over the past 5 years is 23.31.
Over the last ten years, the quarterly PE ratio reached its highest level at 54.7 in the Jun 2016 quarter.
LECO's current price to earnings ratio is 4.2% below its 10-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (May 2, 2024), Lincoln Electric Holdings's share price is $222.56. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $9.56. Therefore, Lincoln Electric Holdings's price to earnings ratio for today is 23.28. PE RATIO(23.28) = STOCK PRICE($222.56) / TTM EPS($9.56)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.