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Linde (LIN) Shiller PE Ratio : (As of May. 04, 2024)


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What is Linde Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Linde Shiller PE Ratio Historical Data

The historical data trend for Linde's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Linde Shiller PE Ratio Chart

Linde Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.68 41.03 49.85 43.45 49.77

Linde Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.73 47.75 45.56 49.77 -

Competitive Comparison of Linde's Shiller PE Ratio

For the Specialty Chemicals subindustry, Linde's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Linde's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Linde's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Linde's Shiller PE Ratio falls into.



Linde Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Linde's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Linde's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.35/129.4194*129.4194
=3.350

Current CPI (Mar. 2024) = 129.4194.

Linde Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 1.580 100.560 2.033
201409 1.620 100.428 2.088
201412 1.030 99.070 1.346
201503 1.430 99.621 1.858
201506 1.060 100.684 1.363
201509 1.400 100.392 1.805
201512 1.470 99.792 1.906
201603 1.240 100.470 1.597
201606 1.390 101.688 1.769
201609 1.180 101.861 1.499
201612 1.410 101.863 1.791
201703 1.350 102.862 1.699
201706 1.410 103.349 1.766
201709 1.450 104.136 1.802
201712 0.110 104.011 0.137
201803 1.590 105.290 1.954
201806 1.650 106.317 2.009
201809 1.580 106.507 1.920
201812 8.290 105.998 10.122
201903 0.940 107.251 1.134
201906 0.960 108.070 1.150
201909 1.350 108.329 1.613
201912 0.950 108.420 1.134
202003 1.070 108.902 1.272
202006 0.870 108.767 1.035
202009 1.320 109.815 1.556
202012 1.450 109.897 1.708
202103 1.860 111.754 2.154
202106 1.600 114.631 1.806
202109 1.880 115.734 2.102
202112 1.980 117.630 2.178
202203 2.300 121.301 2.454
202206 0.740 125.017 0.766
202209 2.540 125.227 2.625
202212 2.670 125.222 2.760
202303 3.060 127.348 3.110
202306 3.190 128.729 3.207
202309 3.190 129.860 3.179
202312 3.160 129.419 3.160
202403 3.350 129.419 3.350

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Linde  (NAS:LIN) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Linde Shiller PE Ratio Related Terms

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Linde (LIN) Business Description

Traded in Other Exchanges
Address
10 Riverview Drive, Danbury, CT, USA, 06810
Linde is the largest industrial gas supplier in the world, with operations in over 100 countries. The firm's main products are atmospheric gases (including oxygen, nitrogen, and argon) and process gases (including hydrogen, carbon dioxide, and helium), as well as equipment used in industrial gas production. Linde serves a wide variety of end markets, including chemicals, manufacturing, healthcare, and steelmaking. Linde generated approximately $33 billion in revenue and $5.4 billion in GAAP operating profit in 2022.
Executives
Sean Durbin officer: Executive VP, EMEA C/O LINDE PLC, THE PRIESTLEY CENTRE 10 PRIESTLEY ROAD, GUILDFORD, SURREY X0 GU2 XY7
Guillermo Bichara officer: Senior VP& Chief Legal Officer 39 OLD RIDGEBURY ROAD, DANBURY CT 06810-5113
Oliver Pfann officer: Senior Vice President, EMEA FORGE, 43 CHURCH STREET WEST, WOKING SURREY X0 GU216HT
Stephen F Angel director, officer: Chief Executive Officer 39 OLD RIDGEBURY ROAD, DANBURY CT 06810-5113
Hugh Grant director C/O PPG INDUSTRIES, INC., 1 PPG PLACE, PITTSBURGH PA 15272
Kelcey E Hoyt officer: Principal Accounting Officer 39 OLD RIDGEBURY ROAD, DANBURY CT 06810-5113
David P Strauss officer: Senior VP & Chief HR Officer 10 RIVERVIEW DRIVE, DANBURY CT 06810
Andreas Opfermann officer: Executive VP, Americas C/O LINDE, THE PRIESTLEY CENTRE, 10 PRIESTLEY ROAD, GUILDFORD, SURREY X0 GU2 7XY
Sanjiv Lamba officer: Chief Operating Officer THE PRIESTLEY CENTRE, 10 PRIESTLEY RD, SURREY RESEARCH PARK, GUILDFORD, SURREY X0 GU2 7XY
Mr. Franz Fehrenbach Director
Franz Fehrenbach director THE PRIESTLEY CENTRE, 10 PRIESTLEY ROAD, THE SURREY RESEARCH PARK, GUILDFORD, SURREY X0 GU2 7XY
John Panikar officer: Executive VP, APAC 39 OLD RIDGEBURY ROAD, DANBURY CT 06810-5113
Alberto Weisser director
Josef Kaeser director HIGH TECH CAMPUS 60, EINDHOVEN P7 5656AG
Juergen Nowicki officer: Executive VP, Engineering C/O LINDE PLC, THE PRIESTLEY CENTRE, 10 PRIESTLEY ROAD, GUILDFORD, SURREY X0 GU2 7XY