The PE ratio for Parker Hannifin stock stands at 25.87 as of May 2, 2024. This is calculated based on the current EPS of $20.51 and the stock price of $530.68 per share. An increase of 7% has been recorded in the PE ratio compared to the average of 24.1 of the past four quarters.
Over the last ten years, the average PE ratio of Parker Hannifin has been 20.5. The current 25.87 price-to-earnings ratio is 26% 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.
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% |
The current PE ratio of PH is above the 3, 5 and 10-year averages.
PH's PE ratio is less than its peer stocks DHR and GE, but it is above ROK's and DOV's. Parker Hannifin is presently trading at a lower PE ratio (25.87) than its peer group average of 33.5.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DOV DOVER Corp | 16.97 | $24.41B |
| ITT ITT Inc | 24.81 | $10.48B |
| ROK Rockwell Automation Inc | 26.05 | $31.52B |
| PH Parker Hannifin Corp | 26.31 | $69.29B |
| IEX Idex Corp | 28.81 | $16.62B |
| PKOH Park Ohio Holdings Corp | 28.89 | $343.63M |
| DHR Danaher Corp | 41.73 | $184.23B |
| IR Ingersoll Rand Inc | 44.86 | $34.75B |
| GE General Electric Co | 52.96 | $179.14B |
The price to earnings ratio for PH stock is 25.87 as of May 2, 2024.
Over the last 3 years, the average PE ratio for PH stock is 23.73.
Over the last 5 years, the average PE ratio for PH stock is 21.86.
The highest quarterly PE ratio in the last ten years has been 30.47 and it was in the Dec 2017 quarter.
The current price to earnings ratio of PH is 26% higher than the 10-year historical average.
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 (May 2, 2024), Parker Hannifin's stock price is $530.68. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $20.51. Therefore, Parker Hannifin's price to earnings ratio for today is 25.87. PE RATIO(25.87) = STOCK PRICE($530.68) / TTM EPS($20.51)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.