Lincoln Electric HoldingsLECO +0.13%98 PS Ratio is 3.30 as of Jul. 02, 2026, which is 31% above its 10-year median of 2.52. GuruFocus rates LECO with a GF Score™ of 98/100 and a GF Value™ of $237.21 (Fairly Valued). The stock has 2 warning signs investors should review. Among 3,022 Industrial Products companies, Lincoln Electric Holdings ranks worse than 64.39% on this metric.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Lincoln Electric Holdings's share price is $258.33.
Lincoln Electric Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $78.28. Hence, Lincoln Electric Holdings's PS Ratio for today is 3.30.
Good Sign:
Lincoln Electric Holdings Inc stock PS Ratio (=3.3) is close to 1-year low of 2.98.
The historical rank and industry rank for Lincoln Electric Holdings's PS Ratio or its related term are showing as below:
LECO'
s PS Ratio Range Over the Past 10 Years
Min: 1.35 Med: 2.52 Max: 3.94
Current: 3.31
During the past 13 years, Lincoln Electric Holdings's highest PS Ratio was 3.94. The lowest was 1.35. And the median was 2.52.
LECO's PS Ratio is ranked worse than 64.39% of 3022
companies
in the Industrial Products industry
Industry Median: 2.115
vs LECO: 3.31
Lincoln Electric Holdings Inc has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of Lincoln Electric Holdings was 10.50% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 5.80% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 10.90% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 9.10% per year.
During the past 13 years, Lincoln Electric Holdings's highest 3-Year average Revenue per Share Growth Rate was 22.40% per year. The lowest was -17.20% per year. And the median was 3.90% per year.
Back to Basics: PS Ratio
Lincoln Electric Holdings (NAS:LECO) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Lincoln Electric Holdings PS Ratio Related Terms
Lincoln Electric Holdings PS Ratio Historical Data
* 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.
For the Tools & Accessories subindustry, Lincoln Electric Holdings's PS Ratio, along with its competitors' market caps and 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 PS Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Lincoln Electric Holdings's PS Ratio distribution charts can be found below:
* The bar in red indicates where Lincoln Electric Holdings's PS Ratio falls into.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Lincoln Electric Holdings's Share Price of today is $258.33. Lincoln Electric Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $78.28.
* 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.
It can also be calculated from the numbers for the whole company:
Lincoln Electric Holdings (LECO) has a PS Ratio of 3.30 as of Jul. 02, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Lincoln Electric Holdings and its competitors. This is 31% above median its historical median of 2.52. Over the past decade, Lincoln Electric Holdings' PS Ratio has ranged from 1.35 to 3.94. According to the industry distribution chart, Lincoln Electric Holdings ranks #1946 out of 3022 companies in the Industrial Products industry, placing it in the top 64.4%.
Is Lincoln Electric Holdings' PS Ratio too high?
Lincoln Electric Holdings' current PS Ratio of 3.30 is 31% above median its 10-year median of 2.52. Over the past 10 years, this metric has ranged from a low of 1.35 to a high of 3.94. The Industrial Products industry median PS Ratio is 2.12. Lincoln Electric Holdings' value of 3.30 is 56% above this industry median. Based on the distribution chart, Lincoln Electric Holdings ranks #1946 out of 3022 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Lincoln Electric Holdings has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lincoln Electric Holdings' PS Ratio compare to SWK and TKR?
According to the Industrial Products industry distribution chart, Lincoln Electric Holdings ranks #1946 out of 3022 companies for PS Ratio. This places Lincoln Electric Holdings in the lower half of its industry. The industry median PS Ratio is 2.12. Lincoln Electric Holdings' value of 3.30 is 56% above this benchmark. Historically, Lincoln Electric Holdings' own PS Ratio has ranged from 1.35 to 3.94 over the past decade. While the company's 10-year median is 2.52 vs. the industry median of 2.12, Lincoln Electric Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PS Ratio for an Industrial Products company?
The median PS Ratio among Industrial Products companies is 2.12, based on 3,022 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lincoln Electric Holdings's current PS Ratio of 3.30 is 56% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Lincoln Electric Holdings and its competitors. For the Industrial Products industry, the median PS Ratio is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lincoln Electric Holdings's current PS Ratio is 3.30, which is 31% above median its own 10-year median of 2.52. 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?
Based on GuruFocus' analysis, Lincoln Electric Holdings (LECO) is currently considered Fairly Valued. The stock's GF Value™ is $237.21, compared to a current price of $258.33 — trading 8.9% above its estimated fair value. The current PS Ratio is 3.30, which is 31% above median its 10-year median of 2.52 and 56% above the Industrial Products industry median of 2.12. 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 PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Lincoln Electric Holdings (LECO), the current PS Ratio is 3.30 as of Jul. 02, 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 (LECO) Overvalued in 2026?
Based on GuruFocus' analysis, Lincoln Electric Holdings stock appears to be overvalued.
The current stock price of $258.33 is trading 8.9% above its estimated GF Value™ of $237.21.
GuruFocus considers Lincoln Electric Holdings to be Fairly Valued.
Key valuation signals for LECO:
PS Ratio: 3.30 (31% above median its 10-year median of 2.52)
GF Value™: $237.21 vs. price of $258.33 (8.9% above fair value)
Industry Position: 56% above the Industrial Products median (#1946 of 3022)
No single metric tells the full story. See the LECO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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
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