The PE ratio for Lindsay stock stands at 18.51 as of Apr 26, 2024. This is calculated based on the current EPS of $6.28 and the stock price of $116.24 per share. The current price-to-earnings ratio is nearly the same as the last four quarters average.
Over the last ten years, the average PE ratio of Lindsay has been 51.75. The current 18.51 PE ratio is 64% 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.
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'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 18.51 is above the average of its peers, which is 16.98.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AGCO Agco Corp | 7.45 | $8.7B |
| DE Deere & Co | 11.4 | $109.49B |
| ALG Alamo Group Inc | 17.38 | $2.39B |
| LNN Lindsay Corp | 18.51 | $1.28B |
| TTC Toro Co | 31.7 | $9.14B |
As of Apr 26, 2024, LNN stock has a price to earnings ratio of 18.51.
As an average over the last 3 years, LNN stock has a PE ratio of 26.59.
As an average over the last 5 years, LNN stock has a PE ratio of 60.89.
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 64% 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 (Apr 26, 2024), Lindsay's stock price is $116.24. 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 18.51. PE RATIO(18.51) = STOCK PRICE($116.24) / TTM EPS($6.28)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.