Lincoln Electric Holdings (MEX:LECO) Cyclically Adjusted Revenue per Share: MXN1,039.09 (As of Mar. 2026)

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MEX:LECO Lincoln Electric Holdings Inc MEX:LECO
98 GF Score
Price MXN3,965.33
GF Value MXN3,639.46
! 2 Warning Signs
View Full Analysis

What is Lincoln Electric Holdings Cyclically Adjusted Revenue per Share?

Lincoln Electric Holdings MEX:LECO 98 Cyclically Adjusted Revenue per Share is MXN1,039.09 as of Mar. 2026. GuruFocus rates MEX:LECO with a GF Score™ of 98/100 and a GF Value™ of MXN3,639.46. The stock has 2 warning signs investors should review.

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Lincoln Electric Holdings's adjusted revenue per share for the three months ended in Mar. 2026 was MXN365.574. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is MXN1,039.09 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Lincoln Electric Holdings's average Cyclically Adjusted Revenue Growth Rate was 8.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 7.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Lincoln Electric Holdings was 10.20% per year. The lowest was 1.90% per year. And the median was 7.70% per year.

As of today (2026-07-17), Lincoln Electric Holdings's current stock price is MXN3965.33. Lincoln Electric Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN1,039.09. Lincoln Electric Holdings's Cyclically Adjusted PS Ratio of today is 3.82.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Lincoln Electric Holdings was 4.73. The lowest was 1.67. And the median was 2.87.


Lincoln Electric Holdings  (MEX:LECO) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Lincoln Electric Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3965.33/1039.09
=3.82

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Lincoln Electric Holdings was 4.73. The lowest was 1.67. And the median was 2.87.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Lincoln Electric Holdings Cyclically Adjusted Revenue per Share Related Terms


Lincoln Electric Holdings Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Lincoln Electric Holdings's Cyclically Adjusted Revenue per Share 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.

Lincoln Electric Holdings Cyclically Adjusted Revenue per Share Chart

Lincoln Electric Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 1,101.36 1,044.61

Lincoln Electric Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 1,266.68 1,171.89 1,049.38 1,044.61 1,039.09

MEX:LECO vs SWK, TKR, RBC: Cyclically Adjusted Revenue per Share Comparison

For the Tools & Accessories subindustry, Lincoln Electric Holdings's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Lincoln Electric Holdings Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lincoln Electric Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Lincoln Electric Holdings's Cyclically Adjusted PS Ratio falls into.


MEX:LECO
98GF Score
Lincoln Electric Holdings Inc MEX:LECO
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lincoln Electric Holdings Cyclically Adjusted Revenue per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

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.

For example, Lincoln Electric Holdings's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=365.574/330.2130*330.2130
=365.574

Current CPI (Mar. 2026) = 330.2130.

Lincoln Electric Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 159.034 241.018 217.889
201609 163.373 241.428 223.453
201612 175.405 241.432 239.906
201703 164.272 243.801 222.496
201706 169.772 244.955 228.862
201709 182.152 246.819 243.697
201712 220.551 246.524 295.423
201803 207.178 249.554 274.141
201806 234.784 251.989 307.667
201809 210.008 252.439 274.709
201812 226.214 251.233 297.329
201903 230.465 254.202 299.378
201906 237.025 256.143 305.567
201909 232.467 256.759 298.972
201912 225.011 256.974 289.140
202003 270.733 258.115 346.356
202006 227.896 257.797 291.913
202009 246.200 260.280 312.350
202012 228.546 260.474 289.737
202103 256.626 264.877 319.927
202106 273.442 271.696 332.335
202109 276.119 274.310 332.391
202112 289.886 278.802 343.341
202203 310.882 287.504 357.064
202206 332.371 296.311 370.399
202209 321.436 296.808 357.613
202212 309.977 296.797 344.877
202303 320.697 301.836 350.847
202306 311.857 305.109 337.516
202309 309.575 307.789 332.129
202312 309.501 306.746 333.179
202403 282.511 312.332 298.685
202406 326.279 314.175 342.935
202409 339.440 315.301 355.494
202412 375.737 315.605 393.128
202503 363.507 319.799 375.344
202506 366.260 322.561 374.949
202509 350.296 324.800 356.134
202512 350.343 324.054 357.002
202603 365.574 330.213 365.574

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of MXN1,039.09 mean?
Lincoln Electric Holdings (MEX:LECO) has a Cyclically Adjusted Revenue per Share of MXN1,039.09 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Lincoln Electric Holdings and its competitors.
Is Lincoln Electric Holdings' Cyclically Adjusted Revenue per Share too high?
Lincoln Electric Holdings' current Cyclically Adjusted Revenue per Share is MXN1,039.09. Overall, Lincoln Electric Holdings has a GF Score™ of 98/100, reflecting its overall financial health beyond just this single metric.
How does Lincoln Electric Holdings' Cyclically Adjusted Revenue per Share compare to SWK and TKR?
Lincoln Electric Holdings' Cyclically Adjusted Revenue per Share of MXN1,039.09 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for an Industrial Products company?
A good Cyclically Adjusted Revenue per Share depends on the Industrial Products industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Lincoln Electric Holdings and its competitors. Lincoln Electric Holdings's current Cyclically Adjusted Revenue per Share is MXN1,039.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lincoln Electric Holdings stock overvalued right now?
Lincoln Electric Holdings (MEX:LECO) has a current Cyclically Adjusted Revenue per Share of MXN1,039.09. The stock's GF Value™ is MXN3,639.46, compared to a current price of MXN3,965.33 — trading 9% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is MXN1,039.09. Lincoln Electric Holdings' overall GF Score™ is 98/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Lincoln Electric Holdings (MEX:LECO), the current Cyclically Adjusted Revenue per Share is MXN1,039.09 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Lincoln Electric Holdings (MEX:LECO) Overvalued in 2026?

Based on GuruFocus' analysis, Lincoln Electric Holdings stock appears to be overvalued. The current stock price of MXN3,965.33 is trading 9% above its estimated GF Value™ of MXN3,639.46.

Key valuation signals for MEX:LECO:

  • Cyclically Adjusted Revenue per Share: MXN1,039.09
  • GF Value™: MXN3,639.46 vs. price of MXN3,965.33 (9% above fair value)
  • GF Score™: 98/100 with 2 warning signs

No single metric tells the full story. See the MEX:LECO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lincoln Electric Holdings Business Description

Other Exchanges LECO:USALNE:Germany
Address 22801 Saint Clair Avenue, Cleveland, OH, USA, 44117
Lincoln Electric is a leading manufacturer of welding, cutting, and brazing products. Its portfolio includes arc-welding solutions, plasma and oxy-fuel cutting systems, brazing and soldering alloys, and automation solutions. Lincoln Electric serves clients across general fabrication, heavy industries, automotive, construction, shipbuilding, energy, and process industries, among others. The company generated roughly $4.2 billion in sales in 2025.
98GF Score

Get the complete analysis for MEX:LECO

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN3,965.33
Price
MXN3,639.46
GF Value