Back to LNN overview

LNN Lindsay PE ratio, current and historical analysis

The PE ratio for Lindsay stock stands at 18.17 as of Jun 21, 2024. This is calculated based on the current EPS of $6.28 and the stock price of $114.11 per share. A decrease of 3.2% has been seen in the P/E ratio compared to the average of 18.8 of the last 4 quarters.

LNN PE ratio history

How has LNN's PE ratio performed in the past

Over the last ten years, the average PE ratio of Lindsay has been 52.53. The current 18.17 PE ratio is 65% below the historical average. Over the past ten years, LNN's PE ratio was at its highest in the Aug 2019 quarter at 441.3, with a price of $88.26 and an EPS of $0.2. The May 2023 quarter recorded the bottom point at 18.24, with a price of $117.8 and an EPS of $6.46.

Average
52.53
Median
36.73
Minimum
18.24
Maximum
441.3

Lindsay PE ratio by year

Maximum annual increase: 770.93% in 2019

Maximum annual decrease: -93.66% in 2020

Year PE ratio Change
2023 18.86 -29.78%
2022 26.86 -36.26%
2021 42.14 50.55%
2020 27.99 -93.66%
2019 441.3 770.93%
2018 50.67 27.02%
2017 39.89 3.1%
2016 38.69 13.19%
2015 34.18 76.19%
2014 19.4 40.38%

LNN average PE ratio chart

What is the average PE ratio of LNN for the past years

LNN's current P/E ratio is below the 3, 5 and 10-year averages.

3-year avg
25.85
5-year avg
56.06
10-year avg
52.53
15-year avg
42.12

LNN PE vs peers

What is LNN's PE ratio compared to its peers

LNN's PE ratio is lower than its peer stock TTC, but it is greater than DE's and AGCO's. Lindsay's current PE ratio of 18.17 is above the average of its peers, which is 17.75.

Stock name PE ratio Market cap
AGCO Agco Corp 6.82 $7.54B
DE Deere & Co 11.24 $103.35B
ALG Alamo Group Inc 15.47 $2.11B
LNN Lindsay Corp 18.17 $1.26B
TTC Toro Co 37.46 $9.92B

Frequently asked questions

What is Lindsay's PE ratio?

As of Jun 21, 2024, LNN stock has a price to earnings ratio of 18.17.

What is the 3-year average PE ratio for Lindsay (LNN)?

As an average over the last 3 years, LNN stock has a PE ratio of 25.85.

What is the 5-year average PE ratio for Lindsay (LNN)?

As an average over the last 5 years, LNN stock has a PE ratio of 56.06.

What is the highest PE ratio for LNN?

Over the last ten years, the quarterly PE ratio reached a historic high of 441.3 in the Aug 2019 quarter.

How does the current PE ratio for LNN compare to its historical average?

The current price to earnings ratio of LNN is 65% lower than the 10-year historical average.

How is LNN's PE ratio calculated (Lindsay PE ratio formula)?

To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Jun 21, 2024), Lindsay's stock price is $114.11. The earnings per share for the trailing twelve months (TTM) ending Feb 2024 is $6.28. Therefore, Lindsay's P/E ratio for today is 18.17. PE RATIO(18.17) = STOCK PRICE($114.11) / TTM EPS($6.28)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.