This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Parker Hannifin's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $153.124. Parker Hannifin's 10-Year median PS Ratio is 1.9069. Therefore, the Median PS Value for today is $291.99.
As of today (2024-12-14), Parker Hannifin's share price is $671.82. Parker Hannifin's Median PS Value is $291.99. Therefore, Parker Hannifin's Price to Median PS Value for today is 2.30.
The historical rank and industry rank for Parker Hannifin's Median PS Value or its related term are showing as below:
PH'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.87 Med: 1.38 Max: 2.3
Current: 2.3
During the past 13 years, the highest Price to Median PS Value of Parker Hannifin was 2.30. The lowest was 0.87. And the median was 1.38.
PH's Price-to-Median-PS-Value is ranked worse than 85.01% of 1561
companies
in the Industrial Products industry
Industry Median: 1.09
vs PH: 2.30
Parker Hannifin Median PS Value Historical Data
The historical data trend for Parker Hannifin's Median PS Value 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.
Competitive Comparison of Parker Hannifin's Median PS Value
For the Specialty Industrial Machinery subindustry, Parker Hannifin's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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's Price-to-Median-PS-Value Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Parker Hannifin's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Parker Hannifin's Price-to-Median-PS-Value falls into.
Parker Hannifin Median PS Value Calculation
Parker Hannifin's Median PS Value for today is calculated as
10-Year Median PS Ratio is 1.9069.
Parker Hannifin's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $153.124.
* 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 (NYSE:PH) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Parker Hannifin's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
671.82
/
291.99
=
2.30
* 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 Median PS Value Related Terms
Thank you for viewing the detailed overview of Parker Hannifin's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Parker Hannifin is an industrial conglomerate operating through two segments: diversified industrial, which serves a variety of end markets, and aerospace systems, which sells engine and actuation components. The diversified industrial segment consists of six groups, including engineered materials (sealing devices), filtration (filters and systems monitoring and removing contaminants from liquids and gases), fluid connectors (valves, couplings, and other fittings), instrumentation (flow manufacturing components and fluid control applications), and motion systems (hydraulic, pneumatic, and electromechanical components in industrial machinery and equipment). The segment boasts 17,100 independent distributors, and about 40% of its business occurs outside the United States.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
PH has been successfully added to your 