Parker-Hannifin Corporation (PH) Valuation
Historical valuation analysis based on 1279 data points (2021-09-14 to 2026-10-16)
Parker Hannifin started out in 1917 as Parker Appliance, selling pneumatic brakes. Through the acquisition of branded components, the firm has expanded into aerospace engines, agricultural and cons...
Parker-Hannifin Corporation (PH) currently trades at a P/E ratio of 34.89 (historical range: 18.21–39.52, median: 27.40), placing it at the 88th percentile — expensive relative to its history, P/S ratio of 5.79 (range: 1.93–6.55, 90th percentile — expensive relative to its history), EV/EBITDA of 30.19 (range: 16.97–37.11, 75th percentile).
Over the historical period (2021-09-14 to 2026-10-16), Parker-Hannifin Corporation's P/E ratio has expanded by 14% over the observed period (from an average of 26.0 to 29.6).
Parker-Hannifin Corporation trades well above its own historical valuation range across most metrics.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 34.89 | 27.40 | 88th | expensive relative to its history |
| P/S Ratio | 5.79 | 3.43 | 90th | expensive relative to its history |
| EV/EBITDA | 30.19 | 25.09 | 75th | above its historical average |
| FCF Yield | 3.03% | 4.28% | 13th | expensive relative to its history |
Parker-Hannifin Corporation (PH) Valuation & P/E History
Parker-Hannifin Corporation (PH) is a US-listed stock operating in the Industrials sector, specifically the Miscellaneous Fabricated Metal Products industry currently trading at $963.34 with a market capitalization of $121.5 billion. This page provides historical valuation analysis for PH based on 1279 data points covering 2021-09-14 to 2026-10-16. The P/E ratio of 34.89 is above the historical median of 27.40, placing PH at the 88th percentile of its valuation range. The P/S ratio of 5.79 compares to a median of 3.43.
PH Valuation Metrics & Historical Range
The valuation table above shows Parker-Hannifin Corporation's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether PH is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests PH is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Parker-Hannifin Corporation.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is PH Overvalued or Undervalued?
Parker-Hannifin Corporation trades well above its own historical valuation range across most metrics. The overall valuation percentile of 84 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive PH is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full PH analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.PH trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.