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Linde LIN

US equityMarket cap rank #68Specialty ChemicalsHydrogen Energy
$469.62
−$0.11 (-0.02%)
Market open · Sep 24, 1:10 pm ET
After hours $469.72 0.00%
Open$469.53
Prev close$469.72
Day range$468.56 – $472.17
Volume1.05M
Market cap$216.48B
P/E (TTM)30.3
Dividend yield1.32%

Valuation

Multiples measured against the stock's own five-year history

Price / earnings30.0x
CheapRich

Near the bottom of its 5-year range · 5th percentile, 5-year average 36.9x

#2070 of 2977 stocks by PE (1 = cheapest)

Price / book5.5x
CheapRich

Above its usual level · 63rd percentile, 5-year average 4.9x

#4371 of 5303 stocks by PB (1 = cheapest)

Price / sales6.0x
CheapRich

Around its usual level · 49th percentile, 5-year average 5.9x

#4024 of 5143 stocks by PS (1 = cheapest)

P/E over five years

24x34x43x52xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$540.00
Price vs. fair value-13.0%Trading below the estimate
Star rating★★★★☆
Economic moatWide
UncertaintyLow
MultipleCurrent5y averagePercentile vs. own historyIndustry rank
PB 5.48 4.91 63% (pricier than usual) #4371 of 5303 (1 = cheapest)
PE 29.96 36.91 5% (cheaper than usual) #2070 of 2977 (1 = cheapest)
PS 6.04 5.90 49% (cheaper than usual) #4024 of 5143 (1 = cheapest)

Percentile is against this stock’s own 5-year valuation range: higher means it’s trading rich relative to its own history, lower means cheap relative to its own history — it is not a comparison against other companies.

Morningstar view

Star rating★★★★
Fair value estimate$540.00
Economic moatWide
UncertaintyLow
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