Linde plc Ordinary Share (LIN) Valuation
Historical valuation analysis based on 1281 data points (2021-09-10 to 2026-10-16)
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...
Linde plc Ordinary Share (LIN) currently trades at a P/E ratio of 31.72 (historical range: 25.99–50.66, median: 34.13), placing it at the 14th percentile — cheap relative to its history, P/S ratio of 6.48 (range: 4.04–7.20, 65th percentile — above its historical average), EV/EBITDA of 26.65 (range: 22.17–40.76, 17th percentile).
Over the historical period (2021-09-10 to 2026-10-16), Linde plc Ordinary Share's P/E ratio has contracted by 19% over the observed period (from an average of 40.2 to 32.7).
Linde plc Ordinary Share trades below its historical valuation range, with most metrics below their median levels.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 31.72 | 34.13 | 14th | cheap relative to its history |
| P/S Ratio | 6.48 | 6.17 | 65th | above its historical average |
| EV/EBITDA | 26.65 | 28.18 | 17th | cheap relative to its history |
| FCF Yield | 2.17% | 2.53% | 8th | expensive relative to its history |
Linde plc Ordinary Share (LIN) Valuation & P/E History
Linde plc Ordinary Share (LIN) is a US-listed stock operating in the Basic Materials sector, specifically the Industrial Inorganic Chemicals industry currently trading at $495.84 with a market capitalization of $228.6 billion. This page provides historical valuation analysis for LIN based on 1281 data points covering 2021-09-10 to 2026-10-16. The P/E ratio of 31.72 is below the historical median of 34.13, placing LIN at the 14th percentile of its valuation range. The P/S ratio of 6.48 compares to a median of 6.17.
LIN Valuation Metrics & Historical Range
The valuation table above shows Linde plc Ordinary Share's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether LIN is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests LIN is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Linde plc Ordinary Share.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is LIN Overvalued or Undervalued?
Linde plc Ordinary Share trades below its historical valuation range, with most metrics below their median levels. The overall valuation percentile of 32 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive LIN is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full LIN analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.LIN trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.