Parker Hannifin (XSWX:PH) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Parker Hannifin Forward PE Ratio Related Terms
Parker Hannifin Forward PE Ratio Historical Data
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The historical data trend for Parker Hannifin's Forward PE 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 Forward PE Ratio Chart
Parker Hannifin Annual Data
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Parker Hannifin Quarterly Data
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XSWX:PH vs : Forward PE Ratio Comparison
For the Specialty Industrial Machinery subindustry, Parker Hannifin's Forward PE Ratio, along with its competitors' market caps and Forward PE 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 Forward PE Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Parker Hannifin's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Parker Hannifin's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Parker Hannifin (XSWX:PH) has a Forward PE Ratio of 28.69 as of Jul. 03, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Parker Hannifin and its competitors. According to the industry distribution chart, Parker Hannifin ranks #842 out of 1278 companies in the Industrial Products industry, placing it in the top 65.9%.
Is Parker Hannifin's Forward PE Ratio too high?
Parker Hannifin's current Forward PE Ratio is 28.69. The Industrial Products industry median Forward PE Ratio is 20.69. Parker Hannifin's value of 28.69 is 38.7% above this industry median. Based on the distribution chart, Parker Hannifin ranks #842 out of 1278 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Parker Hannifin has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.
How does Parker Hannifin's Forward PE Ratio compare to ?
According to the Industrial Products industry distribution chart, Parker Hannifin ranks #842 out of 1278 companies for Forward PE Ratio. This places Parker Hannifin in the lower half of its industry. The industry median Forward PE Ratio is 20.69. Parker Hannifin's value of 28.69 is 38.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for an Industrial Products company?
The median Forward PE Ratio among Industrial Products companies is 20.69, based on 1,278 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Parker Hannifin's current Forward PE Ratio of 28.69 is 38.7% 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Parker Hannifin and its competitors. For the Industrial Products industry, the median Forward PE Ratio is 20.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Parker Hannifin's current Forward PE Ratio is 28.69. 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?
Parker Hannifin (XSWX:PH) has a current Forward PE Ratio of 28.69. The stock's GF Value™ is CHF545.89, compared to a current price of CHF773.70 — trading 41.7% above its estimated fair value. The current Forward PE Ratio is 28.69 and 38.7% above the Industrial Products industry median of 20.69. Parker Hannifin's overall GF Score™ is 92/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Parker Hannifin (XSWX:PH), the current Forward PE Ratio is 28.69 as of Jul. 03, 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 (XSWX:PH) Overvalued in 2026?
Based on GuruFocus' analysis, Parker Hannifin stock appears to be overvalued.
The current stock price of CHF773.70 is trading 41.7% above its estimated GF Value™ of CHF545.89.
Key valuation signals for XSWX:PH:
Forward PE Ratio: 28.69
GF Value™: CHF545.89 vs. price of CHF773.70 (41.7% above fair value)
Industry Position: 38.7% above the Industrial Products median (#842 of 1278)
No single metric tells the full story. See the XSWX:PH 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.
92GF Score
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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