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Linde (LIN) Shiller PE Ratio : 50.16 (As of Jul. 24, 2025)


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What is Linde Shiller PE Ratio?

As of today (2025-07-24), Linde's current share price is $469.99. Linde's E10 for the quarter that ended in Mar. 2025 was $9.37. Linde's Shiller PE Ratio for today is 50.16.

The historical rank and industry rank for Linde's Shiller PE Ratio or its related term are showing as below:

LIN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 19.92   Med: 36.5   Max: 56.76
Current: 50.16

During the past years, Linde's highest Shiller PE Ratio was 56.76. The lowest was 19.92. And the median was 36.50.

LIN's Shiller PE Ratio is ranked worse than
81.31% of 979 companies
in the Chemicals industry
Industry Median: 21.22 vs LIN: 50.16

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Linde's adjusted earnings per share data for the three months ended in Mar. 2025 was $3.510. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $9.37 for the trailing ten years ended in Mar. 2025.

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 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.03 49.85 43.45 49.77 46.04

Linde Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 54.38 50.30 53.80 46.04 49.69

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.


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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 Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=469.99/9.37
=50.16

* 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.

Linde's E10 for the quarter that ended in Mar. 2025 is calculated as:

For example, Linde's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=3.51/134.9266*134.9266
=3.510

Current CPI (Mar. 2025) = 134.9266.

Linde Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201506 1.060 100.684 1.421
201509 1.400 100.392 1.882
201512 1.470 99.792 1.988
201603 1.240 100.470 1.665
201606 1.390 101.688 1.844
201609 1.180 101.861 1.563
201612 1.410 101.863 1.868
201703 1.350 102.862 1.771
201706 1.410 103.349 1.841
201709 1.450 104.136 1.879
201712 0.110 104.011 0.143
201803 1.590 105.290 2.038
201806 1.650 106.317 2.094
201809 1.580 106.507 2.002
201812 8.290 105.998 10.552
201903 0.940 107.251 1.183
201906 0.960 108.070 1.199
201909 1.350 108.329 1.681
201912 0.950 108.420 1.182
202003 1.070 108.902 1.326
202006 0.870 108.767 1.079
202009 1.320 109.815 1.622
202012 1.450 109.897 1.780
202103 1.860 111.754 2.246
202106 1.600 114.631 1.883
202109 1.880 115.734 2.192
202112 1.980 117.630 2.271
202203 2.300 121.301 2.558
202206 0.740 125.017 0.799
202209 2.540 125.227 2.737
202212 2.670 125.222 2.877
202303 3.060 127.348 3.242
202306 3.190 128.729 3.344
202309 3.190 129.860 3.314
202312 3.160 129.419 3.294
202403 3.350 131.776 3.430
202406 3.440 132.554 3.502
202409 3.220 133.029 3.266
202412 3.600 133.157 3.648
202503 3.510 134.927 3.510

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

Thank you for viewing the detailed overview of Linde's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Linde Business Description

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 in 2024.
Executives
Sean Durbin officer: Executive VP, EMEA C/O LINDE PLC, THE PRIESTLEY CENTRE 10 PRIESTLEY ROAD, GUILDFORD, SURREY X0 GU2 XY7
David P Strauss officer: Senior VP & Chief HR Officer 10 RIVERVIEW DRIVE, DANBURY CT 06810
Guillermo Bichara officer: Senior VP& Chief Legal Officer 39 OLD RIDGEBURY ROAD, DANBURY CT 06810-5113
Juergen Nowicki officer: Executive VP, Engineering C/O LINDE PLC, THE PRIESTLEY CENTRE, 10 PRIESTLEY ROAD, GUILDFORD, SURREY X0 GU2 7XY
Robert L Wood director C/O DOW CHEMICAL CO, 2030 DOW CENTER, MIDLAND MI 48674
John Panikar officer: Executive VP, APAC 39 OLD RIDGEBURY ROAD, DANBURY CT 06810-5113
Oliver Pfann officer: Senior Vice President, EMEA FORGE, 43 CHURCH STREET WEST, WOKING SURREY X0 GU216HT
Sanjiv Lamba officer: Chief Operating Officer THE PRIESTLEY CENTRE, 10 PRIESTLEY RD, SURREY RESEARCH PARK, GUILDFORD, SURREY X0 GU2 7XY
Matthew J White officer: Chief Financial Officer C/O PRAXAIR, INC., 39 OLD RIDGEBURY ROAD, DANBURY CT 12533
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
Andreas Opfermann officer: Executive VP, Americas C/O LINDE, THE PRIESTLEY CENTRE, 10 PRIESTLEY ROAD, GUILDFORD, SURREY X0 GU2 7XY
Franz Fehrenbach director THE PRIESTLEY CENTRE, 10 PRIESTLEY ROAD, THE SURREY RESEARCH PARK, GUILDFORD, SURREY X0 GU2 7XY
Mr. Franz Fehrenbach Director