Start with its own history
At 27.85×, PH is 22.2% above its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · PHIndustrial - MachineryUpdated Nov 2, 2026
Parker-Hannifin Corporation P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
27.85×
22.2% abovethe 10-year annual average
Share price899.82
÷Earnings per share32.31
Price and EPS in quote currency. Calculation details
Investors are paying 27.85 for every 1 of reported earnings per share.
P/E over time
2017 – 2026
Annual P/ESelected-period average 22.80×
3-year average27.29×3 positive annual observations
5-year average25.99×5 positive annual observations
10-year average22.80×10 positive annual observations
Peer median · TTM29.11×8 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Jun 30, 2026 | 33.86× | +33.4% |
| Jun 30, 2025 | 25.38× | +12.1% |
| Jun 30, 2024 | 22.64× | -5.8% |
| Jun 30, 2023 | 24.03× | +0.0% |
| Jun 30, 2022 | 24.03× | +5.9% |
| Jun 30, 2021 | 22.68× | +16.2% |
| Jun 30, 2020 | 19.52× | +33.5% |
| Jun 30, 2019 | 14.62× | -25.2% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Jun 30, 2018 | 19.53× | -9.9% |
| Jun 30, 2017 | 21.69× | +19.6% |
| Jun 30, 2016 | 18.13× | +10.3% |
| Jun 30, 2015 | 16.43× | -8.8% |
| Jun 30, 2014 | 18.01× | +18.1% |
| Jun 30, 2013 | 15.25× | +51.1% |
| Jun 30, 2012 | 10.09× | -26.8% |
| Jun 30, 2011 | 13.78× | -14.5% |
| Jun 30, 2010 | 16.12× | +18.2% |
| Jun 30, 2009 | 13.64× | +7.9% |
| Jun 30, 2008 | 12.65× | -8.0% |
| Jun 30, 2007 | 13.74× | +0.1% |
| Jun 30, 2006 | 13.72× | +12.5% |
| Jun 30, 2005 | 12.19× | -39.7% |
| Jun 30, 2004 | 20.22× | -18.4% |
| Jun 30, 2003 | 24.77× | -39.4% |
| Jun 30, 2002 | 40.89× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How PH compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 PH This stockParker-Hannifin Corporation | 27.85× |
 IRIngersoll Rand Inc. | 22.42× |
 DOVDover Corporation | 24.07× |
 ITTITT Inc. | 38.77× |
 ITWIllinois Tool Works Inc. | 24.80× |
 IEXIDEX Corporation | 32.39× |
 NPOEnPro Industries, Inc. | 130.54× |
 MMM3M Company | 25.83× |
 CRCrane Company | 33.79× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does PH’s P/E tell you?
Compare like with like
The median of the 8 positive peer ratios above is 29.11×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take PH into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("PH", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 899.82 ÷ EPS 32.31 = 27.85×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 2, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
PH P/E ratio: common questions
The essentials behind the numbers.
Parker-Hannifin Corporation's current P/E is 27.85× based on the quote data last updated Nov 2, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.