The PE ratio for Lincoln National stock stands at 4.39 as of Jul 25, 2024. This results from the current EPS of $7.4 and stock price of $32.48.
Over the last ten years, the average PE ratio of Lincoln National has been 9.45. The current 4.39 PE ratio is 54% below the historical average. Over the past ten years, LNC's PE ratio was at its highest in the Jun 2020 quarter at 32.56, with a price of $36.79 and an EPS of $1.13. The Jun 2022 quarter recorded the bottom point at 1.61, with a price of $46.77 and an EPS of $29.03.
Maximum annual increase: 98.22% in 2019
Maximum annual decrease: -82.67% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | N/A | N/A |
| 2022 | 3.87 | 14.5% |
| 2021 | 3.38 | -82.67% |
| 2020 | 19.5 | 45.74% |
| 2019 | 13.38 | 98.22% |
| 2018 | 6.75 | -17.78% |
| 2017 | 8.21 | -36.94% |
| 2016 | 13.02 | 19.12% |
| 2015 | 10.93 | 10.07% |
| 2014 | 9.93 | -9.97% |
The current PE ratio of LNC is above the 3-year historical average, but it is below the 5 and 10-year averages.
Compared to its peer stocks MET and PRU, LNC's PE ratio stands lower. Lincoln National's current PE ratio of 4.39 is below the average of its peers, which is 14.69.
| Stock name | PE ratio | Market cap |
|---|---|---|
| LNC Lincoln National Corp | 4.45 | $5.6B |
| UNM Unum Group | 7.86 | $10.08B |
| CNO CNO Financial Group Inc | 8.96 | $3.37B |
| VOYA Voya Financial Inc | 10.13 | $7.4B |
| PRU Prudential Financial Inc | 21.15 | $44.57B |
| MET Metlife Inc | 26.03 | $54.05B |
LNC stock has a price to earnings ratio of 4.39 as of Jul 25, 2024.
The average PE ratio for LNC stock over the past 3 years is 3.93.
The average PE ratio for LNC stock over the past 5 years is 9.6.
In the last ten years, the Jun 2020 quarter recorded the highest quarterly PE ratio at 32.56.
LNC's price to earnings ratio is currently 54% below its 10-year historical average.
LNC's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 4.39 is considered low.
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jul 25, 2024), Lincoln National's stock price is $32.48. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $7.4. Therefore, Lincoln National's P/E ratio for today is 4.39. PE RATIO(4.39) = STOCK PRICE($32.48) / TTM EPS($7.4)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.