Question 1

What is Parker-Hannifin's P/B ratio?

Accepted Answer

Parker-Hannifin (PH) P/B ratio is 7.7× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by book value of equity, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/B ratio calculated?

Accepted Answer

P/B = Market Capitalisation ÷ Book Value of Equity (most recent quarterly shareholders' equity), or equivalently Share Price ÷ Book Value Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/B ratio?

Accepted Answer

The price-to-book (P/B) ratio compares a company's market capitalisation to its book value of equity (total shareholders' equity) on the most recent quarterly balance sheet. It is calculated as market cap ÷ book value of equity (equivalent to share price ÷ book value per share). A P/B below 1× implies the market values the business below its accounting net worth; values well above 1× reflect intangible assets, brand value, or a high return on equity.

Question 4

What is a good P/B ratio for Parker-Hannifin?

Accepted Answer

A "good" P/B depends on the business model. Banks, insurers, and other capital-heavy financials typically trade near 1×; asset-light technology and consumer-brand companies can sustainably trade at 5×+ because much of their value is intangible. P/B is most informative when paired with return on equity (ROE). For Parker-Hannifin specifically, the relevant sector benchmark is the current sector median of 5.0×.

Question 5

Is Parker-Hannifin's P/B ratio high or low?

Accepted Answer

Parker-Hannifin's P/B ratio of 7.7× is above its own 5-year average of 5.3× and above the sector median of 5.0×. That places the current reading at the 91th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Parker-Hannifin's historical P/B ratio range?

Accepted Answer

In the available daily series, Parker-Hannifin (PH) P/B ratio has ranged from a low of 1.2× in 2009 to a high of 9.2× in 2026. The 5-year average is 5.3× and the 5-year median is 5.0×.

Question 7

What was Parker-Hannifin's P/B ratio in 2025?

Accepted Answer

Parker-Hannifin (PH) P/B ratio at the end of 2025 was 6.5×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month book value figure available at that date.

Question 8

Why does Parker-Hannifin's P/B ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (book value). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$88.85B	$13.68B	6.5×	+1.2×	Jun 30, 2025
2024	$64.44B	$12.07B	5.3×	+0.5×	Jun 30, 2024
2023	$50.10B	$10.33B	4.9×	+1.3×	Jun 30, 2023
2022	$31.62B	$8.85B	3.6×	-1.2×	Jun 30, 2022
2021	$39.68B	$8.40B	4.7×	+0.9×	Jun 30, 2021
2020	$23.55B	$6.23B	3.8×	+0.1×	Jun 30, 2020
2019	$21.85B	$5.96B	3.7×	+0.1×	Jun 30, 2019
2018	$20.68B	$5.86B	3.5×	-0.5×	Jun 30, 2018
2017	$21.30B	$5.26B	4.0×	+0.9×	Jun 30, 2017
2016	$14.52B	$4.58B	3.2×	+0.0×	Jun 30, 2016
2015	$16.13B	$5.10B	3.2×	+0.3×	Jun 30, 2015
2014	$18.73B	$6.66B	2.8×	+0.3×	Jun 30, 2014
2013	$14.48B	$5.74B	2.5×	+0.2×	Jun 30, 2013
2012	$11.57B	$4.90B	2.4×	-0.2×	Jun 30, 2012
2011	$13.68B	$5.38B	2.5×	+0.5×	Jun 30, 2011
2010	$8.94B	$4.37B	2.0×	+0.4×	Jun 30, 2010
2009	$6.89B	$4.28B	1.6×	-0.6×	Jun 30, 2009
2008	$11.73B	$5.26B	2.2×	-0.2×	Jun 30, 2008
2007	$11.36B	$4.71B	2.4×	+0.2×	Jun 30, 2007
2006	$9.23B	$4.24B	2.2×	-0.0×	Jun 30, 2006
2005	$7.36B	$3.34B	2.2×	-0.1×	Jun 30, 2005
2004	$6.96B	$2.98B	2.3×	+0.4×	Jun 30, 2004
2003	$4.91B	$2.52B	1.9×	-0.1×	Jun 30, 2003
2002	$5.26B	$2.58B	2.0×	—	Jun 30, 2002


PACCAR (PCAR)	3.1×
Franklin Electric Co. (FELE)	3.0×
Huntington Ingalls Industries (HII)	2.9×
Brady (BRC)	2.9×
Fortive (FTV)	2.9×
Southwest Airlines (LUV)	2.7×
Xylem (XYL)	2.6×
FedEx (FDX)	2.5×
Axon Enterprise (TASR)	2.4×
Builders FirstSource (BLDR)	2.3×
McGrath RentCorp (MGRC)	2.2×
Tennant (TNC)	2.2×
Delta Air Lines (DAL)	2.1×
AGCO (AGCO)	2.0×
Textron (TXT)	1.9×
Archer Aviation (ACHR)	1.9×
United Airlines Holdings (UAL)	1.9×
Alamo Group (ALG)	1.7×
Matthews International (MATW)	1.6×
MDU Resources Group (MDU)	1.5×
Amentum Holdings (AMTM)	1.4×
ABM Industries (ABM)	1.4×
Stanley Black & Decker (SWK)	1.2×
Alaska Air Group (ALK)	1.1×
Versant Media Group, Inc. Class A (VSNT)	0.7×

P/B Ratio for Parker-Hannifin (PH)

P/B Ratio daily chart for Parker-Hannifin (PH)

Historical P/B Ratio for Parker-Hannifin (PH) from 2002 to 2025

About P/B Ratio at Parker-Hannifin (PH)

Parker-Hannifin P/B Ratio by Year

Parker-Hannifin P/B Ratio 2025: 6.5×

Parker-Hannifin P/B Ratio 2024: 5.3×

Parker-Hannifin P/B Ratio 2023: 4.9×

Parker-Hannifin P/B Ratio 2022: 3.6×

Parker-Hannifin P/B Ratio 2021: 4.7×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Parker-Hannifin (PH) Key Financials

P/B Ratio daily chart for Parker-Hannifin (PH)

Historical P/B Ratio for Parker-Hannifin (PH) from 2002 to 2025

About P/B Ratio at Parker-Hannifin (PH)

Parker-Hannifin P/B Ratio by Year

Parker-Hannifin P/B Ratio 2025: 6.5×

Parker-Hannifin P/B Ratio 2024: 5.3×

Parker-Hannifin P/B Ratio 2023: 4.9×

Parker-Hannifin P/B Ratio 2022: 3.6×

Parker-Hannifin P/B Ratio 2021: 4.7×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

+What is Parker-Hannifin's P/B ratio?

+How is the P/B ratio calculated?

+What is the P/B ratio?

+What is a good P/B ratio for Parker-Hannifin?

+Is Parker-Hannifin's P/B ratio high or low?

+What is Parker-Hannifin's historical P/B ratio range?

+What was Parker-Hannifin's P/B ratio in 2025?

+Why does Parker-Hannifin's P/B ratio change over time?

Parker-Hannifin (PH) Key Financials