The PE ratio for Lindsay stock stands at 18.17 as of Sep 28, 2023. This is calculated based on the current EPS of $6.46 and the stock price of $117.4 per share. A decrease of 21% has been seen in the P/E ratio compared to the average of 22.9 of the last 4 quarters.
Over the last ten years, the average PE ratio of Lindsay has been 52.47. 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 Nov 2013 quarter recorded the bottom point at 14.86, with a price of $76.39 and an EPS of $5.14.
Maximum annual increase: 770.93% in 2019
Maximum annual decrease: -93.66% in 2020
Year | PE ratio | Change |
---|---|---|
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% |
2013 | 13.82 | -27.91% |
LNN's current P/E ratio is below the 3, 5 and 10-year averages.
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 14.92.
Stock name | PE ratio | Market cap |
---|---|---|
AGCO Agco Corp | 8.07 | $8.99B |
DE Deere & Co | 11.15 | $109.02B |
ALG Alamo Group Inc | 16.74 | $2.11B |
LNN Lindsay Corp | 18.23 | $1.3B |
TTC Toro Co | 23.1 | $8.66B |
As of Sep 28, 2023, LNN stock has a price to earnings ratio of 18.17.
As an average over the last 3 years, LNN stock has a PE ratio of 30.51.
As an average over the last 5 years, LNN stock has a PE ratio of 68.28.
Over the last ten years, the quarterly PE ratio reached a historic high of 441.3 in the Aug 2019 quarter.
The current price to earnings ratio of LNN is 65% lower than the 10-year historical average.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Sep 28, 2023), Lindsay's stock price is $117.4. The earnings per share for the trailing twelve months (TTM) ending May 2023 is $6.46. Therefore, Lindsay's P/E ratio for today is 18.17. PE RATIO(18.17) = STOCK PRICE($117.4) / TTM EPS($6.46)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.