P/E ratio for Parker-Hannifin (PH)
P/E ratio as of June 2025 (TTM): 24.8
According to Parker-Hannifin 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.7949. At the end of 2024 the company had a P/E ratio of 25.9.
P/E ratio history for Parker-Hannifin from 2001 to 2025
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 25.9 | 15.34% |
| 2023 | 22.5 | -24.28% |
| 2022 | 29.7 | 31.29% |
| 2021 | 22.6 | -7.69% |
| 2020 | 24.5 | 26.65% |
| 2019 | 19.3 | 37.87% |
| 2018 | 14.0 | -54% |
| 2017 | 30.5 | 42.99% |
| 2016 | 21.3 | 34.47% |
| 2015 | 15.8 | -9.43% |
| 2014 | 17.5 | -6.42% |
| 2013 | 18.7 | 51.67% |
| 2012 | 12.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Crane Company CR | 30.9 | 24.58% | 🇺🇸 USA |
 CIRCOR International CIR | 40.6 | 63.66% | 🇺🇸 USA |
 Dover DOV | 10.6 | -57.44% | 🇺🇸 USA |
 ITT ITT | 23.8 | -3.83% | 🇺🇸 USA |
 IDEX IEX | 28.2 | 13.66% | 🇺🇸 USA |
 Rockwell Automation
ROK | 39.8 | 60.55% | 🇺🇸 USA |
 Danaher DHR | 38.7 | 55.94% | 🇺🇸 USA |
 General Electric GE | 36.5 | 47.26% | 🇺🇸 USA |
 Ingersoll Rand IR | 39.5 | 59.15% | 🇮🇪 Ireland |
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.