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Parker HannifinBSP:P1HC34 +2.28%86 Cyclically Adjusted PB Ratio is 12.29 as of Sep. 06, 2026, which is 117% above its 10-year median of 5.66. GuruFocus rates BSP:P1HC34 with a GF Score™ of 86/100 and a GF Value™ of R$47.00 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,099 Industrial Products companies, Parker Hannifin ranks worse than 95.19% on this metric.
The historical rank and industry rank for Parker Hannifin's Cyclically Adjusted PB Ratio or its related term are showing as below:
BSP:P1HC34'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.47 Med: 5.66 Max: 14.01
Current: 12.24
During the past years, Parker Hannifin's highest Cyclically Adjusted PB Ratio was 14.01. The lowest was 2.47. And the median was 5.66.
BSP:P1HC34's Cyclically Adjusted PB Ratio is ranked worse than 95.19% of 2099
companies
in the Industrial Products industry
Industry Median: 2.14
vs BSP:P1HC34: 12.24
The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.
Parker Hannifin's adjusted book value per share data for the three months ended in Jun. 2026 was R$7.824. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is R$5.03 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Parker Hannifin (BSP:P1HC34) Cyclically Adjusted PB Ratio Explanation
Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.
Parker Hannifin Cyclically Adjusted PB Ratio Related Terms
Parker Hannifin Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Parker Hannifin's Cyclically Adjusted PB Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Parker Hannifin Cyclically Adjusted PB Ratio Chart
BSP:P1HC34 vs ETN, EMR, ITW: Cyclically Adjusted PB Ratio Comparison
For the Specialty Industrial Machinery subindustry, Parker Hannifin's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Parker Hannifin Cyclically Adjusted PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Parker Hannifin's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Parker Hannifin's Cyclically Adjusted PB Ratio falls into.
Parker Hannifin Cyclically Adjusted PB Ratio Calculation
Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.
Parker Hannifin's Cyclically Adjusted PB Ratio for today is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.
What does a Cyclically Adjusted PB Ratio of 12.29 mean?
Parker Hannifin (BSP:P1HC34) has a Cyclically Adjusted PB Ratio of 12.29 as of Sep. 06, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Parker Hannifin and its competitors. This is 117% above median its historical median of 5.66. Over the past decade, Parker Hannifin's Cyclically Adjusted PB Ratio has ranged from 2.47 to 14.01. According to the industry distribution chart, Parker Hannifin ranks #1998 out of 2099 companies in the Industrial Products industry, placing it in the top 95.2%.
Is Parker Hannifin's Cyclically Adjusted PB Ratio too high?
Parker Hannifin's current Cyclically Adjusted PB Ratio of 12.29 is 117% above median its 10-year median of 5.66. Over the past 10 years, this metric has ranged from a low of 2.47 to a high of 14.01. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.14. Parker Hannifin's value of 12.29 is 474.3% above this industry median. Based on the distribution chart, Parker Hannifin ranks #1998 out of 2099 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Parker Hannifin has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Parker Hannifin's Cyclically Adjusted PB Ratio compare to ETN and EMR?
According to the Industrial Products industry distribution chart, Parker Hannifin ranks #1998 out of 2099 companies for Cyclically Adjusted PB Ratio. This places Parker Hannifin in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.14. Parker Hannifin's value of 12.29 is 474.3% above this benchmark. Historically, Parker Hannifin's own Cyclically Adjusted PB Ratio has ranged from 2.47 to 14.01 over the past decade. While the company's 10-year median is 5.66 vs. the industry median of 2.14, Parker Hannifin has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.14, based on 2,099 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Parker Hannifin's current Cyclically Adjusted PB Ratio of 12.29 is 474.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Parker Hannifin and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Parker Hannifin's current Cyclically Adjusted PB Ratio is 12.29, which is 117% above median its own 10-year median of 5.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parker Hannifin stock overvalued right now?
Based on GuruFocus' analysis, Parker Hannifin (BSP:P1HC34) is currently considered Significantly Overvalued. The stock's GF Value™ is R$47.00, compared to a current price of R$61.80 — trading 31.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 12.29, which is 117% above median its 10-year median of 5.66 and 474.3% above the Industrial Products industry median of 2.14. Parker Hannifin's overall GF Score™ is 86/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Parker Hannifin (BSP:P1HC34), the current Cyclically Adjusted PB Ratio is 12.29 as of Sep. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Parker Hannifin (BSP:P1HC34) Overvalued in 2026?
Based on GuruFocus' analysis, Parker Hannifin stock appears to be overvalued.
The current stock price of R$61.80 is trading 31.5% above its estimated GF Value™ of R$47.00.
GuruFocus considers Parker Hannifin to be Significantly Overvalued.
Key valuation signals for BSP:P1HC34:
Cyclically Adjusted PB Ratio: 12.29 (117% above median its 10-year median of 5.66)
GF Value™: R$47.00 vs. price of R$61.80 (31.5% above fair value)
Industry Position: 474.3% above the Industrial Products median (#1998 of 2099)
No single metric tells the full story. See the BSP:P1HC34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 construction machinery, freight and passenger vehicles, and industrial automation equipment. Within these larger systems, Parker sells a wide array of small, critical pieces such as hydraulic, electromechanical, climate control, and filtration components. Many of its products are designed to work together, resulting in a high rate of cross-selling.
86GF Score
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