PH Parker Hannifin PE ratio, current and historical analysis
The PE ratio for Parker Hannifin stock stands at 31.24 as of Nov 21, 2024. This is calculated based on the current EPS of $22.49 and the stock price of $702.68 per share. An increase of 26% has been recorded in the PE ratio compared to the average of 24.8 of the past four quarters.
PH PE ratio history
Over the last ten years, the average PE ratio of Parker Hannifin has been 21.06. The current 31.24 price-to-earnings ratio is 48% more than the historical average. In the past ten years, PH's PE ratio reached its highest point in the Dec 2017 quarter at 30.47, with a price of $199.58 and an EPS of $6.55. The Mar 2020 quarter saw the lowest point at 12.47, with a price of $129.73 and an EPS of $10.4.
Parker Hannifin PE ratio by year
Maximum annual increase: 35.13% in 2020
Maximum annual decrease: -25.81% in 2019
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 22.86 | -4.87% |
| 2023 | 24.03 | 0% |
| 2022 | 24.03 | 5.95% |
| 2021 | 22.68 | 15.83% |
| 2020 | 19.58 | 35.13% |
| 2019 | 14.49 | -25.81% |
| 2018 | 19.53 | -9.96% |
| 2017 | 21.69 | 19.64% |
| 2016 | 18.13 | 10.35% |
| 2015 | 16.43 | -8.77% |
PH average PE ratio chart
The current PE ratio of PH is above the 3, 5 and 10-year averages.
PH PE vs peers
PH's PE ratio is less than its peer stocks DHR and IR, but it is above GE's and DOV's. Parker Hannifin is presently trading at a lower PE ratio (31.24) than its peer group average of 32.98.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DOV DOVER Corp | 18 | $27.78B |
| PKOH Park Ohio Holdings Corp | 25.42 | $453.27M |
| ITT ITT Inc | 26.39 | $12.67B |
| GE General Electric Co | 31.13 | $193.41B |
| PH Parker Hannifin Corp | 31.24 | $90.45B |
| ROK Rockwell Automation Inc | 33.45 | $31.42B |
| IEX Idex Corp | 35.21 | $17.22B |
| DHR Danaher Corp | 44.43 | $169.77B |
| IR Ingersoll Rand Inc | 49.78 | $41.53B |
Frequently asked questions
What is Parker Hannifin's PE ratio?
The price to earnings ratio for PH stock is 31.24 as of Nov 21, 2024.
What is the 3-year average PE ratio for Parker Hannifin (PH)?
Over the last 3 years, the average PE ratio for PH stock is 24.66.
What is the 5-year average PE ratio for Parker Hannifin (PH)?
Over the last 5 years, the average PE ratio for PH stock is 23.1.
What is the highest PE ratio for PH?
The current PE of 31.24 represents the highest historical value in the last ten years.
How does the current PE ratio for PH compare to its historical average?
The current price to earnings ratio of PH is 48% higher than the 10-year historical average.
How is PH's PE ratio calculated (Parker Hannifin PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Nov 21, 2024), Parker Hannifin's stock price is $702.68. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $22.49. Therefore, Parker Hannifin's price to earnings ratio for today is 31.24. PE RATIO(31.24) = STOCK PRICE($702.68) / TTM EPS($22.49)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.