LIN Linde PE ratio, current and historical analysis
- Stocks
- Basic Materials
- NYSE: LIN
- PE Ratio
The PE ratio for Linde stock stands at 27.65 as of Nov 6, 2025. This is calculated based on the TTM EPS of $15.02 and the stock price of $415.32 per share. A decrease of 14% has been observed in the PE ratio compared to its average of 32.2 of the last four quarters.
LIN PE ratio history
Over the last seven years, the average PE ratio of Linde has been 36.52. The current 27.65 P/E ratio is 24% lower than the historical average. Looking back at the last seven 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 |
|---|---|---|---|---|
| 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 |
|---|---|---|---|---|
| Sep 2025 | 31.62 | -4.64% | $475 | $15.02 |
| Jun 2025 | 33.16 | -1.31% | $469.18 | $14.15 |
| Mar 2025 | 33.6 | 10.02% | $465.64 | $13.86 |
| 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 |
| Jun 2022 | 41.31 | 1.4% | $287.53 | $6.96 |
| Mar 2022 | 40.74 | -12.97% | $319.43 | $7.84 |
LIN Price vs fair value
LIN average PE ratio chart
LIN's current PE ratio is lower than its 3 and 5-year averages.
PE comparison
With a price to earnings (P/E) of 27.65, LIN ranks higher than the Basic Materials sector and the industry average. In comparison with the Basic Materials sector average of 22.07, Linde's price to earnings (P/E) is 25% higher.
LIN PE vs peers
LIN's PE ratio stands higher than its peer stocks NXST and SBGI.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NXST Nexstar Media Group Inc | 9.76 | $5.74B |
| SBGI Sinclair Broadcast Group Inc | 18.26 | $1.12B |
| LIN Linde Plc | 27.65 | $193.93B |
| EVC Entravision Communications Corp | N/A | $263.83M |
Frequently asked questions
What is Linde's PE ratio?
The price to earnings ratio for LIN stock is 27.65 as of Nov 6, 2025.
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 34.01.
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 38.34.
What is the highest PE ratio for LIN?
The highest quarterly PE ratio in the last seven 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 24% lower than the 7-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 (Nov 6, 2025), Linde's share price is $415.32. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2025 is $15.02. Therefore, Linde's PE ratio for today is 27.65. PE RATIO(27.65) = STOCK PRICE($415.32) / TTM EPS($15.02)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.