Lincoln Electric
LECO
$184.21
Share price
2.52%
Change (1 day)
31.98%
Change (1 year)
Lincoln Electric (LECO) - P/B ratio
P/B ratio as of September 2023 : 8.80
According to Lincoln Electric
's latest financial reports the company has a price-to-book ratio of 8.80.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
Lincoln Electric - P/B ratio (from 2001 to 2022)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2022-12-31 | 8.09 | -15.1% |
| 2021-12-31 | 9.53 | 8.97% |
| 2020-12-31 | 8.75 | 22.26% |
| 2019-12-31 | 7.16 | 26.76% |
| 2018-12-31 | 5.65 | -12.59% |
| 2017-12-31 | 6.46 | -9.14% |
| 2016-12-31 | 7.11 | 80.68% |
| 2015-12-31 | 3.93 | -4.91% |
| 2014-12-31 | 4.14 | 9.58% |
| 2013-12-31 | 3.78 | 27.01% |
| 2012-12-31 | 2.97 | 8.2% |
| 2011-12-31 | 2.75 | 14.87% |
| 2010-12-31 | 2.39 | 13.92% |
| 2009-12-31 | 2.10 | -3.51% |
| 2008-12-31 | 2.18 | -22.64% |
| 2007-12-31 | 2.81 | -8.81% |
| 2006-12-31 | 3.08 | 20.26% |
| 2005-12-31 | 2.56 | 2.92% |
| 2004-12-31 | 2.49 | 18.69% |
| 2003-12-31 | 2.10 | -7.53% |
| 2002-12-31 | 2.27 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Illinois Tool Works ITW | 22.7 | 157.63% | 🇺🇸 USA |
 Stanley Black & Decker
SWK | 1.35 | -84.71% | 🇺🇸 USA |
 Hurco Companies HURC | 0.6102 | -93.07% | 🇺🇸 USA |
 Kennametal KMT | 1.53 | -82.60% | 🇺🇸 USA |