LIN
Linde
PE ratio, current and historical analysis
- Stocks
- Basic Materials
- NASDAQ: LIN
- PE Ratio
The PE ratio for Linde stock stands at 33.5 as of Jun 4, 2026. This is calculated based on the TTM EPS of $15.15 and the stock price of $507.45 per share. An increase of 6% has been observed in the PE ratio compared to its average of 31.6 of the last four quarters.
LIN PE ratio history
Over the last eight years, the average PE ratio of Linde has been 36.15. The current 33.5 P/E ratio is 7% lower than the historical average. Looking back at the last eight years, LIN's PE ratio peaked in the Sep 2020 quarter at 56.43, with a price of $238.13 and an EPS of $4.22. The Dec 2018 quarter marked the lowest point at 11.77, with a price of $156.04 and an EPS of $13.26.
Linde PE ratio by year
Maximum annual increase: 328.63% in 2019
Maximum annual decrease: -17.71% in 2023
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 29.03 | -4.94% | $426.39 | $14.69 |
| 2024 | 30.54 | -5.57% | $418.67 | $13.71 |
| 2023 | 32.34 | -17.71% | $410.71 | $12.7 |
| 2022 | 39.3 | -16.04% | $326.18 | $8.3 |
| 2021 | 46.81 | -15.63% | $346.43 | $7.4 |
| 2020 | 55.48 | 9.97% | $263.51 | $4.75 |
| 2019 | 50.45 | 328.63% | $212.9 | $4.22 |
| 2018 | 11.77 | N/A | $156.04 | $13.26 |
| 2017 | N/A | N/A | N/A | $4.36 |
| 2016 | N/A | N/A | N/A | $5.25 |
Linde PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 32.72 | 12.71% | $495.76 | $15.15 |
| Dec 2025 | 29.03 | -8.28% | $426.39 | $14.69 |
| Sep 2025 | 31.65 | -4.61% | $475 | $15.01 |
| Jun 2025 | 33.18 | -1.31% | $469.18 | $14.14 |
| Mar 2025 | 33.62 | 10.09% | $465.64 | $13.85 |
| Dec 2024 | 30.54 | -15.03% | $418.67 | $13.71 |
| Sep 2024 | 35.94 | 8.45% | $476.86 | $13.27 |
| Jun 2024 | 33.14 | -7.22% | $438.81 | $13.24 |
| Mar 2024 | 35.72 | 10.45% | $464.32 | $13 |
| Dec 2023 | 32.34 | 5.96% | $410.71 | $12.7 |
| Sep 2023 | 30.52 | -7.49% | $372.35 | $12.2 |
| Jun 2023 | 32.99 | -15.82% | $381.08 | $11.55 |
| Mar 2023 | 39.19 | -0.28% | $355.44 | $9.07 |
| Dec 2022 | 39.3 | 11.08% | $326.18 | $8.3 |
| Sep 2022 | 35.38 | -14.35% | $269.59 | $7.62 |
LIN Price vs fair value
LIN average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
LIN's current PE ratio is higher than the 3-year average, but it is lower than its 5-year average.
PE comparison
With a price to earnings (P/E) of 33.5, LIN ranks higher than the Basic Materials sector and the industry average. In comparison with the Basic Materials sector average of 21.77, Linde's price to earnings (P/E) is 54% higher.
LIN PE vs peers
LIN's PE ratio stands lower than its peer stock NXST, but it is higher than SBGI's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SBGI Sinclair Broadcast Group Inc | 14.76 | $1B |
| LIN Linde Plc | 33.5 | $234.75B |
| NXST Nexstar Media Group Inc | 37.32 | $5.53B |
| EVC Entravision Communications Corp | N/A | $834.8M |
Frequently asked questions
What is Linde's PE ratio?
The price to earnings ratio for LIN stock is 33.5 as of Jun 4, 2026.
What is the 3-year average PE ratio for Linde (LIN)?
Over the last 3 years, the average price to earnings ratio for LIN stock is 32.62.
What is the 5-year average PE ratio for Linde (LIN)?
Over the last 5 years, the average price to earnings ratio for LIN stock is 36.14.
What is the highest PE ratio for LIN?
The highest quarterly PE ratio in the last eight years has been 56.43 and it was in the Sep 2020 quarter.
How does the current PE ratio for LIN compare to its historical average?
The current PE ratio of LIN is 7% lower than the 8-year historical average.
How is LIN's PE ratio calculated (Linde PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jun 4, 2026), Linde's share price is $507.45. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $15.15. Therefore, Linde's PE ratio for today is 33.5. PE RATIO(33.5) = STOCK PRICE($507.45) / TTM EPS($15.15)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.