Linde (MEX:LIN1N) E10: MXN125.76 (As of Jun. 2026)

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MEX:LIN1N Linde PLC MEX:LIN1N
94 GF Score
Price MXN6,025.92
GF Value MXN6,235.11
! 2 Warning Signs
View Full Analysis

What is Linde E10?

Linde MEX:LIN1N 94 E10 is MXN125.76 as of Jun. 2026. GuruFocus rates MEX:LIN1N with a GF Score™ of 94/100 and a GF Value™ of MXN6,235.11. The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E 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 Jun. 2026 was MXN72.413. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN125.76 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Linde's average E10 Growth Rate was 11.90% per year. During the past 3 years, the average E10 Growth Rate was 10.30% per year. During the past 5 years, the average E10 Growth Rate was 9.40% per year. During the past 10 years, the average E10 Growth Rate was 7.30% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Linde was 15.20% per year. The lowest was 3.70% per year. And the median was 10.30% per year.

As of today (2026-08-09), Linde's current stock price is MXN6025.92. Linde's E10 for the quarter that ended in Jun. 2026 was MXN125.76. Linde's Shiller PE Ratio of today is 47.92.

During the past 13 years, the highest Shiller PE Ratio of Linde was 56.76. The lowest was 22.41. And the median was 41.52.


Linde  (MEX:LIN1N) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E 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 P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=6025.92/125.76
=47.92

* 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 Shiller P/E Ratio of Linde was 56.76. The lowest was 22.41. And the median was 41.52.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Linde E10 Related Terms


Linde E10 Historical Data

* Premium members only.

The historical data trend for Linde's E10 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.

Linde E10 Chart

Linde Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 139.23 147.35 121.04 130.83 142.31

Linde Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
E10 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 124.33 126.48 142.31 127.51 125.76

MEX:LIN1N vs SHW, ECL, APD: E10 Comparison

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 Shiller PE Ratio vs 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.


MEX:LIN1N
94GF Score
Linde PLC MEX:LIN1N
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Linde E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

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

For example, Linde's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=72.413/333.9520*333.9520
=72.413

Current CPI (Jun. 2026) = 333.9520.

Linde Quarterly Data

per share eps CPI Adj_EPS
201609 22.816 241.428 31.560
201612 29.070 241.432 40.210
201703 25.419 243.801 34.818
201706 25.487 244.955 34.747
201709 26.315 246.819 35.605
201712 2.160 246.524 2.926
201803 28.886 249.554 38.655
201806 32.422 251.989 42.968
201809 29.554 252.439 39.097
201812 162.774 251.233 216.368
201903 18.234 254.202 23.954
201906 18.441 256.143 24.043
201909 26.652 256.759 34.665
201912 17.917 256.974 23.284
202003 25.089 258.115 32.460
202006 20.081 257.797 26.013
202009 29.160 260.280 37.414
202012 28.843 260.474 36.979
202103 38.020 264.877 47.935
202106 31.850 271.696 39.148
202109 38.657 274.310 47.062
202112 40.618 278.802 48.653
202203 45.795 287.504 53.193
202206 14.887 296.311 16.778
202209 51.092 296.808 57.486
202212 52.054 296.797 58.570
202303 55.156 301.836 61.025
202306 54.689 305.109 59.859
202309 55.566 307.789 60.289
202312 53.639 306.746 58.396
202403 55.597 312.332 59.445
202406 63.021 314.175 66.988
202409 63.403 315.301 67.153
202412 75.081 315.605 79.446
202503 71.808 319.799 74.986
202506 70.233 322.561 72.713
202509 75.028 324.800 77.142
202512 58.699 324.054 60.492
202603 71.770 330.213 72.583
202606 72.413 333.952 72.413

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of MXN125.76 mean?
Linde (MEX:LIN1N) has a E10 of MXN125.76 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Linde and its competitors.
Is Linde's E10 too high?
Linde's current E10 is MXN125.76. Overall, Linde has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does Linde's E10 compare to SHW and ECL?
Linde's E10 of MXN125.76 can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Chemicals company?
A good E10 depends on the Chemicals industry context. However, E10 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 E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Linde and its competitors. Linde's current E10 is MXN125.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Linde stock overvalued right now?
Linde (MEX:LIN1N) has a current E10 of MXN125.76. The stock's GF Value™ is MXN6,235.11, compared to a current price of MXN6,025.92 — trading 3.4% below its estimated fair value. The current E10 is MXN125.76. Linde's overall GF Score™ is 94/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Linde (MEX:LIN1N), the current E10 is MXN125.76 as of Jun. 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 Linde (MEX:LIN1N) Overvalued in 2026?

Based on GuruFocus' analysis, Linde stock appears to be undervalued. The current stock price of MXN6,025.92 is trading 3.4% below its estimated GF Value™ of MXN6,235.11.

Key valuation signals for MEX:LIN1N:

  • E10: MXN125.76
  • GF Value™: MXN6,235.11 vs. price of MXN6,025.92 (3.4% below fair value)
  • GF Score™: 94/100 with 2 warning signs

No single metric tells the full story. See the MEX:LIN1N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


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 $34 billion in revenue in 2025.
94GF Score

Get the complete analysis for MEX:LIN1N

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN6,025.92
Price
MXN6,235.11
GF Value