The PE ratio for Linde stock stands at 34.72 as of Jul 26, 2024. This is calculated based on the TTM EPS of $13 and the stock price of $451.39 per share. An increase of 6% has been observed in the PE ratio compared to its average of 32.9 of the last four quarters.
Over the last six years, the average PE ratio of Linde has been 37.48. The current 34.72 P/E ratio is 7% lower than the historical average. Looking back at the last six 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.
Maximum annual increase: 328.63% in 2019
Maximum annual decrease: -17.71% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 32.34 | -17.71% |
| 2022 | 39.3 | -16.04% |
| 2021 | 46.81 | -15.63% |
| 2020 | 55.48 | 9.97% |
| 2019 | 50.45 | 328.63% |
| 2018 | 11.77 | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
LIN's current PE ratio is lower than its 3 and 5-year averages.
LIN's PE ratio stands higher than its peer stock NXST.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NXST Nexstar Media Group Inc | 15.34 | $6.02B |
| LIN Linde Plc | 34.72 | $216.97B |
| EVC Entravision Communications Corp | N/A | $199.2M |
| SBGI Sinclair Broadcast Group Inc | N/A | $1.02B |
The price to earnings ratio for LIN stock is 34.72 as of Jul 26, 2024.
Over the last 3 years, the average price to earnings ratio for LIN stock is 37.91.
Over the last 5 years, the average price to earnings ratio for LIN stock is 41.16.
The highest quarterly PE ratio in the last six years has been 56.43 and it was in the Sep 2020 quarter.
The current PE ratio of LIN is 7% lower than the 6-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jul 26, 2024), Linde's share price is $451.39. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $13. Therefore, Linde's PE ratio for today is 34.72. PE RATIO(34.72) = STOCK PRICE($451.39) / TTM EPS($13)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.