P/E ratio for Lincoln National Corporation (LNC)
P/E ratio as of April 2024 (TTM): 3.84
According to Lincoln National Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.84175. At the end of 2022 the company had a P/E ratio of 10.1.
P/E ratio history for Lincoln National Corporation from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.1 | 10.94% |
| 2021 | 9.11 | -53.21% |
| 2020 | 19.5 | 45.41% |
| 2019 | 13.4 | 98.09% |
| 2018 | 6.76 | -17.32% |
| 2017 | 8.18 | -37.08% |
| 2016 | 13.0 | 19.21% |
| 2015 | 10.9 | 9.94% |
| 2014 | 9.91 | -9.82% |
| 2013 | 11.0 | 99.47% |
| 2012 | 5.51 | -79.57% |
| 2011 | 27.0 | 129.86% |
| 2010 | 11.7 | -198.1% |
| 2009 | -12.0 | -113.33% |
| 2008 | 89.7 | 591.89% |
| 2007 | 13.0 | 1.94% |
| 2006 | 12.7 | 15.38% |
| 2005 | 11.0 | -5.29% |
| 2004 | 11.6 | -16.67% |
| 2003 | 14.0 | -93.37% |
| 2002 | 211 | 1157.04% |
| 2001 | 16.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 MetLife MET | 25.6 | 566.54% | 🇺🇸 USA |
 Prudential Financial PRU | 37.7 | 881.41% | 🇺🇸 USA |
 Unum UNM | 8.14 | 111.78% | 🇺🇸 USA |
 Prudential PUK | N/A | N/A | 🇬🇧 UK |
 Voya Financial
VOYA | 10.5 | 173.43% | 🇺🇸 USA |
 National Western Life NWLI | 22.7 | 491.36% | 🇺🇸 USA |
 CNO Financial Group
CNO | 13.7 | 255.91% | 🇺🇸 USA |
 AEGON
AEG | -7.34 | -291.02% | 🇳🇱 Netherlands |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.