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Linde (BUD:LINDEPLC) Shiller PE Ratio : 50.32 (As of Sep. 22, 2024)


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What is Linde Shiller PE Ratio?

As of today (2024-09-22), Linde's current share price is Ft121430.00. Linde's E10 for the quarter that ended in Jun. 2024 was Ft2,413.05. Linde's Shiller PE Ratio for today is 50.32.

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

BUD:LINDEPLC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 19.92   Med: 30.44   Max: 56.76
Current: 54.09

During the past years, Linde's highest Shiller PE Ratio was 56.76. The lowest was 19.92. And the median was 30.44.

BUD:LINDEPLC's Shiller PE Ratio is ranked worse than
85.54% of 961 companies
in the Chemicals industry
Industry Median: 18.52 vs BUD:LINDEPLC: 54.09

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 Jun. 2024 was Ft1,211.432. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is Ft2,413.05 for the trailing ten years ended in Jun. 2024.

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
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 47.75 45.56 49.77 54.38 50.30

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 Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=121430.00/2413.05
=50.32

* 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 Jun. 2024 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=1211.432/132.5538*132.5538
=1,211.432

Current CPI (Jun. 2024) = 132.5538.

Linde Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201409 570.500 100.428 752.998
201412 362.725 99.070 485.321
201503 503.589 99.621 670.065
201506 373.290 100.684 491.449
201509 493.025 100.392 650.975
201512 517.676 99.792 687.627
201603 436.679 100.470 576.125
201606 489.503 101.688 638.083
201609 415.549 101.861 540.762
201612 496.546 101.863 646.155
201703 475.417 102.862 612.648
201706 496.546 103.349 636.861
201709 510.633 104.136 649.983
201712 38.738 104.011 49.368
201803 559.935 105.290 704.928
201806 581.065 106.317 724.461
201809 556.413 106.507 692.488
201812 2,919.410 105.998 3,650.817
201903 331.031 107.251 409.130
201906 338.074 108.070 414.668
201909 475.417 108.329 581.729
201912 334.552 108.420 409.021
202003 376.812 108.902 458.652
202006 306.380 108.767 373.383
202009 464.852 109.815 561.107
202012 510.633 109.897 615.908
202103 655.018 111.754 776.928
202106 563.457 114.631 651.552
202109 662.062 115.734 758.279
202112 697.278 117.630 785.745
202203 809.969 121.301 885.108
202206 260.599 125.017 276.310
202209 894.488 125.227 946.827
202212 940.268 125.222 995.323
202303 1,077.611 127.348 1,121.664
202306 1,123.392 128.729 1,156.773
202309 1,123.392 129.860 1,146.700
202312 1,112.827 129.419 1,139.778
202403 1,179.737 131.776 1,186.699
202406 1,211.432 132.554 1,211.432

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  (BUD:LINDEPLC) 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 and $5.4 billion in GAAP operating profit in 2022.

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