Lincoln NationalLNC.NValuation Analysis
Based on the blended 10-year P/E and P/B percentiles, the stock currently sits in the “Fair Value Range” zone.
As of Oct 16, 2026, Lincoln National (LNC.N) trades at a P/E of 3.35x, P/B of 0.67x, P/S of 0.39x, and a dividend yield of 4.52%.
Longitudinal percentile comparison: P/E sits at the 6th percentile over the trailing 10Y window (vs. 20th percentile over 3Y); P/B sits at the 40th percentile over the trailing 10Y window (vs. 28th percentile over 3Y); P/S sits at the 30th percentile over the trailing 10Y window (vs. 54th percentile over 3Y).
Cross-sectional valuation: its P/E ranks at the 2nd percentile within its industry and the 3rd percentile across the broader market.
Shareholder return highlight: Total Shareholder Yield is 4.52%, ranking at the 23rd percentile over the trailing 20Y window.
Notably, P/E and P/B aren't telling quite the same story, 33.1 points apart — worth checking the full percentile matrix on this page for the complete picture. Its P/E percentile is roughly the same whether measured against the industry or the broader market. Shareholder returns here are driven almost entirely by cash dividends, with minimal contribution from buybacks. Lincoln National operates in the Finance, Insurance, And Real Estate sector. Data refreshes weekly and is for reference only, not investment advice.
Also listed as: NYSE: LNC · LNC
Want the full picture on whether Lincoln National (LNC.N) is under- or over-valued? See the full 3Y / 5Y / 10Y / 20Y P/E, P/B, P/S, Dividend Yield & Total Shareholder Yield percentile matrix and the interactive ECharts trend chart on this page.
Historical Percentiles by Metric
| Metric | Current | Market Percentile | Industry Percentile | 3Y Pctl | 5Y Pctl | 10Y Pctl | 20Y Pctl |
|---|---|---|---|---|---|---|---|
| P/E (TTM) | 3.35 | ||||||
| P/B (MRQ) | 0.67 | ||||||
| P/S (TTM) | 0.39 | ||||||
| Dividend Yield | 4.52% | ||||||
| Buyback + Div Yield | 4.52% |