Linde plc (LIN) Stock Valuation — PE Analysis

Chemicals - Specialty · NASDAQ

Current Price

$466.22

PE Ratio (TTM)

30.0x

Intrinsic Value

$534.75

+12.8% margin of safety

AI MOAT & RISK ANALYSISLIN

COMPETITIVE MOAT

INVESTMENT RISKS

Base case

LIN base case PE valuation

At a current price of $466.22, the base case PE valuation puts LIN fair value near $534.75 per share. That figure assumes 9.6% yearly earnings growth, a target PE multiple of 29.6x, and a 10% discount rate.

Intrinsic Value

$534.75

Margin of safety

+12.8%

Expected annual return

+2.8%

Base case assumptions: 9.6% annual earnings growth, 29.6x target PE, 10% discount rate, 5 year projection. Data as of 2026-09-11.

This base case uses default assumptions and is not financial advice. The fair value changes significantly when the target PE or earnings growth rate changes. Open the calculator to set your own assumptions and see the full sensitivity range.

Customize the LIN PE valuation

Adjust the target PE, earnings growth, and discount rate to see how the fair value and margin of safety for Linde plc respond.

Open PE Calculator for LIN

Or try DCF Valuation for LIN

Company Overview

Linde plc functions as a global industrial gas and engineering powerhouse, extending its operations throughout North and South America, Europe, the Middle East, Africa, and the Asia Pacific. The company's comprehensive product line features atmospheric gases like oxygen, nitrogen, argon, and various rare gases, alongside a diverse array of process gases such as carbon dioxide, helium, hydrogen, specialized electronic gases, and acetylene. Beyond gas supply, Linde is also adept at designing and constructing turnkey process plants. These engineering solutions serve both third-party customers and its own gas business facilities, covering types like olefin, natural gas, air separation, hydrogen, and synthesis gas plants. Linde's extensive client base spans numerous sectors, including healthcare, energy, general manufacturing, food and beverage carbonation, fiber-optics, steel production, aerospace, chemicals, and water treatment. Established in 1879, the company is headquartered in Woking, United Kingdom.

Financial Metrics — LIN PE Stock Valuation Data

PE Ratio (TTM)

30.0x

PEG Ratio

2.94

Earnings Yield

3.38%

ROE (TTM)

18.9%

Revenue/Share (TTM)

$76.64

Dividend Yield

1.35%

Debt/Equity

0.72x

Frequently Asked Questions

What is the PE ratio of LIN?

The trailing twelve-month PE ratio of LIN reflects how much investors pay per dollar of Linde plc's earnings. This metric is most useful when compared to Chemicals - Specialty peers and the company's own historical range.

Is LIN overvalued based on PE ratio?

LIN's PE of 30.0x combined with a PEG ratio of 2.94 provides a growth-adjusted perspective. A PEG above 2.0 means the P/E is high relative to the earnings growth rate. Keep in mind that PE-based valuation works best for profitable, mature companies — for high-growth or cyclical Chemicals - Specialty, a DCF analysis may be more appropriate.

How do I value LIN stock using PE ratio?

To value Linde plc using PE: (1) Compare the current PE (30.0x) against the Chemicals - Specialty median to assess relative pricing, (2) check the PEG ratio (2.94) to adjust for growth expectations, (3) review the 5-year PE range to identify where the stock sits historically, and (4) estimate fair value by multiplying a target PE by forward EPS estimates. This relative approach complements DCF's absolute valuation.

What is the PEG ratio of LIN?

LIN's PEG ratio is 2.94, calculated by dividing the PE ratio (30.0x) by the expected earnings growth rate. A PEG above 2.0 means the P/E is high relative to the expected earnings growth rate. Note that PEG accuracy depends on the reliability of growth estimates.

Should I use PE ratio or DCF for LIN stock valuation?

PE ratio gives a quick relative read — how LIN is priced versus Chemicals - Specialty peers. DCF provides an absolute value based on projected free cash flows. For LIN, with a strong ROE of 18.9%, both methods are worth using — PE for a market-relative check, DCF to stress-test whether fundamentals justify the price. Each method has blind spots: PE ignores capital structure and cash flow quality, while DCF is sensitive to growth and discount rate assumptions.

Learn More

Related PE Valuations

All Basic Materials valuations

P/E and DCF value LIN with different methods and assumptions, so the two conclusions can differ. Compare the DCF intrinsic value.

Price as of 2026-09-11. Financial data from Financial Modeling Prep (trailing twelve months) · Valuation methodology by Charlie Wang.

This is an estimate, not investment advice.

LIN Stock Valuation — Free PE Ratio Analysis & Fair Value