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LECO Lincoln Electric Holdings PE ratio, current and historical analysis

As of May 21, 2024, the LECO stock has a P/E ratio of 23.54. The calculation is based on the latest EPS of $9.56 and the stock price of $225.03 per share. The PE ratio currently is comparable to its last 4-quarter average.

LECO PE ratio history

How has LECO's PE ratio performed in the past

The mean historical PE ratio of Lincoln Electric Holdings over the last ten years is 24.3. The current 23.54 price-to-earnings ratio is 3.1% 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.

Average
24.3
Median
23.15
Minimum
15.27
Maximum
54.7

Lincoln Electric Holdings PE ratio by year

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%

LECO average PE ratio chart

What is the average PE ratio of LECO for the past years

The current PE ratio of LECO is above its 3 and 5-year averages, but it is under its 10-year average.

3-year avg
23.32
5-year avg
23.31
10-year avg
24.3
15-year avg
23.26

LECO PE vs peers

What is LECO's PE ratio compared to its peers

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 19.26 $2.08B
LECO Lincoln Electric Holdings Inc 23.54 $12.81B
ITW Illinois Tool Works Inc 24.46 $74.24B
HURC Hurco Companies Inc 80.68 $115.48M
SWK Stanley Black & Decker Inc N/A $13.57B

Frequently asked questions

What is Lincoln Electric Holdings's PE ratio?

LECO's price to earnings ratio is 23.54 as of May 21, 2024.

What is the 3-year average PE ratio for Lincoln Electric Holdings (LECO)?

The average PE ratio for LECO stock over the past 3 years is 23.32.

What is the 5-year average PE ratio for Lincoln Electric Holdings (LECO)?

The average PE ratio for LECO stock over the past 5 years is 23.31.

What is the highest PE ratio for LECO?

Over the last ten years, the quarterly PE ratio reached its highest level at 54.7 in the Jun 2016 quarter.

How does the current PE ratio for LECO compare to its historical average?

LECO's current price to earnings ratio is 3.1% below its 10-year historical average.

How is LECO's PE ratio calculated (Lincoln Electric Holdings PE ratio formula)?

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 21, 2024), Lincoln Electric Holdings's share price is $225.03. 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 23.54. PE RATIO(23.54) = STOCK PRICE($225.03) / TTM EPS($9.56)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.