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PH Parker Hannifin PE ratio, current and historical analysis

The PE ratio for Parker Hannifin stock stands at 23.57 as of Jun 20, 2024. This is calculated based on the current EPS of $21.55 and the stock price of $507.99 per share. The current PE ratio is about the same as the last 4 quarters average.

PH PE ratio history

How has PH's PE ratio performed in the past

Over the last ten years, the average PE ratio of Parker Hannifin has been 20.63. The current 23.57 price-to-earnings ratio is 14% 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.

Average
20.63
Median
21.26
Minimum
12.47
Maximum
30.47

Parker Hannifin PE ratio by year

Maximum annual increase: 35.13% in 2020

Maximum annual decrease: -25.81% in 2019

Year PE ratio Change
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%
2014 18.01 20.07%

PH average PE ratio chart

What is the average PE ratio of PH for the past years

The current PE ratio of PH is above the 5 and 10-year averages, but it is lower than the 3-year average.

3-year avg
23.9
5-year avg
22.06
10-year avg
20.63
15-year avg
19.1

PH PE vs peers

What is PH's PE ratio compared to its peers

PH's PE ratio is less than its peer stocks DHR and GE, but it is above DOV's. Parker Hannifin is presently trading at a lower PE ratio (23.57) than its peer group average of 32.98.

Stock name PE ratio Market cap
DOV DOVER Corp 17.51 $25.19B
PH Parker Hannifin Corp 23.57 $65.3B
ITT ITT Inc 25.33 $10.69B
ROK Rockwell Automation Inc 25.34 $29.7B
IEX Idex Corp 26.66 $15.38B
PKOH Park Ohio Holdings Corp 27.53 $327.42M
DHR Danaher Corp 41.7 $184.11B
IR Ingersoll Rand Inc 46.36 $37.59B
GE General Electric Co 53.4 $180.61B

Frequently asked questions

What is Parker Hannifin's PE ratio?

The price to earnings ratio for PH stock is 23.57 as of Jun 20, 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 23.9.

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 22.06.

What is the highest PE ratio for PH?

The highest quarterly PE ratio in the last ten years has been 30.47 and it was in the Dec 2017 quarter.

How does the current PE ratio for PH compare to its historical average?

The current price to earnings ratio of PH is 14% 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 (Jun 20, 2024), Parker Hannifin's stock price is $507.99. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $21.55. Therefore, Parker Hannifin's price to earnings ratio for today is 23.57. PE RATIO(23.57) = STOCK PRICE($507.99) / TTM EPS($21.55)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.