As of Nov 2, 2026, LIN's PE to growth ratio of 42.94 reflects its valuation relative to its growth rate. This result reflects a P/E ratio of 34.35 measured against EPS growth of 0.8%. When compared to the trailing 4-quarter average of 12.52, LIN's PEG ratio reflects a 243% increase.
Linde's eight years historical PEG ratio has a mean of 3.91. Compared to historical data, LIN's 42.94 PEG ratio represents an increase of 998%. LIN hit its maximum PEG ratio of 39.21 during the Sep 2026 quarter over the last eight years. The Dec 2018 quarter marked the lowest reading at 0.06, indicating the most favorable growth-adjusted valuation.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 4.09 | 29.03 | 7.1% |
| 2024 | 3.82 | 30.54 | 8% |
| 2023 | 0.61 | 32.34 | 53% |
| 2022 | 3.22 | 39.3 | 12.2% |
| 2021 | 0.84 | 46.81 | 55.8% |
| 2020 | 4.4 | 55.48 | 12.6% |
| 2019 | N/A | 50.45 | -68.2% |
| 2018 | 0.06 | 11.77 | 204.1% |
| 2017 | N/A | N/A | -17% |
| 2016 | N/A | N/A | N/A |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Sep 2026 | 39.21 | 31.37 | 0.8% |
| Jun 2026 | 3.3 | 33.33 | 10.1% |
| Mar 2026 | 3.48 | 32.72 | 9.4% |
| Dec 2025 | 4.09 | 29.03 | 7.1% |
| Sep 2025 | 2.42 | 31.65 | 13.1% |
| Jun 2025 | 4.88 | 33.18 | 6.8% |
| Mar 2025 | 5.17 | 33.62 | 6.5% |
| Dec 2024 | 3.82 | 30.54 | 8% |
| Sep 2024 | 4.08 | 35.94 | 8.8% |
| Jun 2024 | 2.27 | 33.14 | 14.6% |
| Mar 2024 | 0.82 | 35.72 | 43.3% |
| Dec 2023 | 0.61 | 32.34 | 53% |
| Sep 2023 | 0.51 | 30.52 | 60.1% |
| Jun 2023 | 0.5 | 32.99 | 65.9% |
| Mar 2023 | 2.5 | 39.19 | 15.7% |
LIN's PEG ratio today sits above the 3 and 5-year averages.
With a PEG of 42.94, LIN stands higher than the Basic Materials sector and the industry average.
LIN reports a PEG ratio higher than that of peer stock EVC.
Based on Nov 2, 2026 data, LIN has a PEG ratio of 42.94.
LIN's 3-year PEG ratio average is 6.18.
LIN's 5-year PEG ratio average is 4.49.
LIN is currently at its eight years PEG ratio peak of 42.94.
At present, LIN's PEG ratio is 998% higher than its 8-year historical average.
Slow earnings growth combined with a rich valuation drives LIN's PEG ratio to 42.94.
The PEG ratio derives from taking PE and dividing by the rate at which earnings are growing (YoY TTM). As of Nov 2, 2026, Linde has a PE ratio of 34.35. Earnings grew at 0.8% over the TTM period ending Sep 2026. Applying the formula, this gives a PEG ratio of 42.94. PEG RATIO(42.94) = PE RATIO(34.35) / EPS GROWTH(0.8%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.