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LNN Lindsay PE ratio, current and historical analysis

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.

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 52.47. 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.

Average
52.47
Median
36.73
Minimum
14.86
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
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 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
30.51
5-year avg
68.28
10-year avg
52.47
15-year avg
41.79

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 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

Frequently asked questions

What is Lindsay's PE ratio?

As of Sep 28, 2023, 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 30.51.

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 68.28.

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 (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.