Stock Analysis on Net

Linde plc (NASDAQ:LIN)

$24.99

Price to Sales (P/S)
since 2005

Microsoft Excel

Calculation

Linde plc, P/S, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

1 US$

2 Data adjusted for splits and stock dividends.

3 Closing price as at the filing date of Linde plc Annual Report.


Share Price Trend
The share price demonstrates a general upward trajectory over the examined periods, starting at $54.85 and reaching $461.55 by the most recent date. Notable fluctuations include a decline in the 2008–2009 period, followed by steady increases. The largest absolute growth appears in the latter years, especially from 2019 onward, indicating strengthened market valuation.
Sales Per Share Trend
Sales per share exhibit a moderately positive trend with some volatility. Starting at $23.72, sales per share increase gradually but show dips in specific years, such as 2014 to 2017. A significant drop is seen in 2019 to $27.34, followed by a sharp rebound in 2020 to $52.96, maintaining a generally higher level subsequently. This pattern suggests variations in revenue generation efficiency or market conditions impacting sales.
Price-to-Sales (P/S) Ratio Analysis
The P/S ratio fluctuates across the time series, beginning at 2.31 and rising to 6.61 in the most recent period. The ratio peaks dramatically in 2019 at 5.71, dips slightly thereafter, and then increases again. This trend, particularly the high P/S ratios in recent years, may indicate that the market assigns a premium valuation relative to sales, possibly reflecting optimism about future growth or profitability.
Overall Insights
The data reflects robust market confidence with the share price growing substantially over the years. Sales per share growth is present but less consistent, suggesting operational or market challenges in certain years. The rising P/S ratio corroborates increasing investor expectations that may not be fully mirrored by sales growth, indicating that the stock may be valued more for anticipated future performance than for current sales levels.

Comparison to Competitors


Comparison to Sector (Chemicals)


Comparison to Industry (Materials)