The historical rank and industry rank for Parker Hannifin's Price-to-Tangible-Book or its related term are showing as below:
During the past 13 years, Parker Hannifin's highest Price to Tangible Book Ratio was 21.58. The lowest was 13.32. And the median was 14.54.
PH's Price-to-Tangible-Book is not ranked *
in the Industrial Products industry.
Industry Median: 2.32 * Ranked among companies with meaningful Price-to-Tangible-Book only.
Parker Hannifin Price-to-Tangible-Book Historical Data
The historical data trend for Parker Hannifin's Price-to-Tangible-Book 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 Price-to-Tangible-Book
For the Specialty Industrial Machinery subindustry, Parker Hannifin's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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-Tangible-Book Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Parker Hannifin's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Parker Hannifin's Price-to-Tangible-Book falls into.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Parker Hannifin Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Parker Hannifin's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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