P/E ratio for Parker-Hannifin (PH)

P/E ratio history for Parker-Hannifin from 2001 to 2026

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	26.1	-16.60%	🇺🇸 USA
General Electric GE	34.4	10.11%	🇺🇸 USA
IDEX IEX	30.8	-1.55%	🇺🇸 USA
Rockwell Automation ROK	46.1	47.55%	🇺🇸 USA
Danaher DHR	31.2	-0.09%	🇺🇸 USA
Ingersoll Rand IR	47.0	50.29%	🇮🇪 Ireland
ITT ITT	34.2	9.51%	🇺🇸 USA
Crane Company CR	30.7	-1.97%	🇺🇸 USA
CIRCOR International CIR	40.6	29.78%	🇺🇸 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.