P/E ratio for Parker-Hannifin (PH)

P/E ratio history for Parker-Hannifin from 2001 to 2025

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Dover Corporation DOV	29.2	-20.53%	🇺🇸 USA
General Electric GE	41.6	13.51%	🇺🇸 USA
IDEX IEX	32.3	-11.83%	🇺🇸 USA
Rockwell Automation ROK	51.5	40.38%	🇺🇸 USA
Danaher DHR	41.6	13.26%	🇺🇸 USA
Ingersoll Rand IR	70.5	92.02%	🇮🇪 Ireland
ITT ITT	34.1	-7.08%	🇺🇸 USA
Crane Company CR	32.1	-12.57%	🇺🇸 USA
CIRCOR International CIR	40.6	10.60%	🇺🇸 USA

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.