Basis: FMP quote price / unrounded diluted EPS from four consecutive issuer fiscal quarters. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the P/E ratio high or low?
The P/E ratio of 32.80 is 18% above its 5-year average of 27.84, around the middle of its 5-year range (18.28–39.63).
As of 2026-09-11T08:10:56.932Z. 0.27% below its 12-month average of 32.89.
Calculation as of: 2026-09-11T08:10:56.932Z.
Quote observation: 2026-09-10T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 5fc246bb3ab8fbb0e9c44e4072cde0ab6c4730cacf80ebeff030879ed9131dc4
PE Ratio (32.80) = Close Price ($934.34) / Diluted TTM EPS ($28.49)
PE RATIO
32.80
PE RATIO AVG TTM
32.89
PE RATIO AVG 3Y
28.72
PE RATIO AVG 5Y
27.84
PE RATIO AVG 10Y
24.82
PE RATIO AVG 15Y
21.73
PE RATIO AVG 20Y
20.38
CURRENT VS TTM AVG
-0.27%
CURRENT VS 3Y AVG
+14.20%
CURRENT VS 5Y AVG
+17.83%
CURRENT VS 10Y AVG
+32.15%
CURRENT VS 15Y AVG
+50.95%
CURRENT VS 20Y AVG
+60.96%
SECTOR MEDIAN · INDUSTRIALS
29.09
median of 126 covered companies
CURRENT VS SECTOR MEDIAN
+12.75%
vs the sector median at left
Parker-Hannifin Corporation
Market Cap
$117.81B
PE Ratio
32.80
TTM Avg
32.89
3Y Avg
28.72
5Y Avg
27.84
Market Cap
$122.35B
PE Ratio
19.54
TTM Avg
26.56
3Y Avg
21.34
5Y Avg
20.67
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Parker-Hannifin Corporation (PH) | $117.81B | 32.80 | 32.89 | 28.72 | 27.84 |
| Lockheed Martin Corporation (LMT)vs › | $122.35B | 19.54 | 26.56 | 21.34 | 20.67 |
| Trane Technologies plc (TT)vs › | $96.77B | 33.35 | 33.96 | 33.34 | 30.50 |
| General Dynamics Corporation (GD)vs › | $95.84B | 21.59 | 22.51 | 21.77 | 20.59 |
| Vertiv Holdings Co (VRT)vs › | $95.53B | 56.14 | 72.87 | 73.67 | 178.84 |
| Quanta Services, Inc. (PWR)vs › | $93.02B | 70.87 | 78.25 | 60.47 | 53.28 |
| Siemens Energy AG (SMEGF)vs › | $143.36B | 46.62 | 66.30 | 98.76 | 98.76 |
| Howmet Aerospace Inc. (HWM)vs › | $91.19B | 49.12 | 60.95 | 49.02 | 47.05 |
| CSX Corporation (CSX)vs › | $90.85B | 28.35 | 26.05 | 20.98 | 19.87 |
| Waste Management, Inc. (WM)vs › | $85.85B | 30.42 | 33.25 | 33.30 | 33.28 |
At 32.8, P/E is above its 20-year median — higher than 94% of readings in its 20-year history.
20-year low
5.1
median
19.1
20-year high
41.2
Trailing P/E
32.8
Forward P/E
26.6
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$934.34
Forward EPS (Est.)
$35.13
Forward P/E
26.60
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PE RATIO |
|---|---|
| 2026-09-09 | 33.33 |
| 2026-09-08 | 33.55 |
| 2026-09-04 | 33.79 |
| 2026-09-03 | 33.85 |
| 2026-09-02 | 33.32 |
| 2026-09-01 | 33.42 |
| 2026-08-31 | 34.38 |
| 2026-08-28 | 34.93 |
| 2026-08-27 | 35.49 |
| 2026-08-26 | 36.49 |
| 2026-08-25 | 35.67 |
| 2026-08-24 | 35.60 |
| 2026-08-21 | 36.96 |
| 2026-08-20 | 36.91 |
| 2026-08-19 | 37.76 |
| 2026-08-18 | 38.44 |
| 2026-08-17 | 38.88 |
| 2026-08-14 | 38.96 |
| 2026-08-13 | 39.07 |
| 2026-08-12 | 39.47 |
| 2026-08-11 | 39.16 |
| 2026-08-10 | 39.13 |
| 2026-08-07 | 39.63 |
| 2026-08-06 | 39.48 |
| 2026-08-05 | 36.79 |
| 2026-08-04 | 36.63 |
| 2026-08-03 | 36.81 |
| 2026-07-31 | 36.03 |
| 2026-07-30 | 35.53 |
| 2026-07-29 | 35.09 |
| 2026-07-28 | 36.57 |
| 2026-07-27 | 36.43 |
| 2026-07-24 | 36.44 |
| 2026-07-23 | 36.36 |
| 2026-07-22 | 35.82 |
| 2026-07-21 | 35.41 |
| 2026-07-20 | 35.08 |
| 2026-07-17 | 35.17 |
| 2026-07-16 | 35.36 |
| 2026-07-15 | 35.16 |
| 2026-07-14 | 35.59 |
| 2026-07-13 | 35.10 |
| 2026-07-10 | 35.47 |
| 2026-07-09 | 35.02 |
| 2026-07-08 | 34.65 |
| 2026-07-07 | 35.33 |
| 2026-07-06 | 35.84 |
| 2026-07-02 | 35.53 |
| 2026-07-01 | 35.56 |
| 2026-06-30 | 36.09 |
| 2026-06-29 | 35.56 |
| 2026-06-26 | 35.75 |
| 2026-06-25 | 36.53 |
| 2026-06-24 | 35.46 |
| 2026-06-23 | 34.97 |
| 2026-06-22 | 35.50 |
| 2026-06-18 | 35.18 |
| 2026-06-17 | 34.91 |
| 2026-06-16 | 34.63 |
| 2026-06-15 | 33.91 |
| 2026-06-12 | 33.34 |
| 2026-06-11 | 33.30 |
| 2026-06-10 | 32.31 |
| 2026-06-09 | 33.41 |
| 2026-06-08 | 32.59 |
| 2026-06-05 | 32.56 |
| 2026-06-04 | 32.19 |
| 2026-06-03 | 31.39 |
| 2026-06-02 | 30.86 |
| 2026-06-01 | 30.38 |
| 2026-05-29 | 31.17 |
| 2026-05-28 | 31.47 |
| 2026-05-27 | 31.61 |
| 2026-05-26 | 32.03 |
| 2026-05-22 | 31.99 |
| 2026-05-21 | 31.91 |
| 2026-05-20 | 31.71 |
| 2026-05-19 | 31.46 |
| 2026-05-18 | 31.68 |
| 2026-05-15 | 31.83 |
| 2026-05-14 | 32.49 |
| 2026-05-13 | 32.56 |
| 2026-05-12 | 32.52 |
| 2026-05-11 | 32.26 |
| 2026-05-08 | 32.43 |
| 2026-05-07 | 32.73 |
| 2026-05-06 | 33.31 |
| 2026-05-05 | 32.20 |
| 2026-05-04 | 32.02 |
| 2026-05-01 | 32.55 |
| 2026-04-30 | 33.18 |
| 2026-04-29 | 34.57 |
| 2026-04-28 | 35.11 |
| 2026-04-27 | 35.55 |
| 2026-04-24 | 35.55 |
| 2026-04-23 | 35.53 |
| 2026-04-22 | 34.82 |
| 2026-04-21 | 35.49 |
| 2026-04-20 | 36.35 |
| 2026-04-17 | 36.07 |
| 2026-04-16 | 34.91 |
| 2026-04-15 | 35.16 |
| 2026-04-14 | 35.94 |
| 2026-04-13 | 36.10 |
| 2026-04-10 | 35.91 |
| 2026-04-09 | 35.86 |
| 2026-04-08 | 35.24 |
| 2026-04-07 | 33.31 |
| 2026-04-06 | 33.28 |
| 2026-04-02 | 33.13 |
| 2026-04-01 | 33.59 |
| 2026-03-31 | 32.66 |
| 2026-03-30 | 31.43 |
| 2026-03-27 | 32.41 |
| 2026-03-26 | 32.89 |
| 2026-03-25 | 33.62 |
| 2026-03-24 | 33.73 |
| 2026-03-23 | 33.06 |
| 2026-03-20 | 32.63 |
| 2026-03-19 | 32.84 |
| 2026-03-18 | 33.29 |
| 2026-03-17 | 32.59 |
| 2026-03-16 | 32.64 |
| 2026-03-13 | 32.46 |
| 2026-03-12 | 32.91 |
| 2026-03-11 | 34.31 |
| 2026-03-10 | 34.67 |
| 2026-03-09 | 34.01 |
| 2026-03-06 | 33.70 |
| 2026-03-05 | 35.22 |
| 2026-03-04 | 36.04 |
| 2026-03-03 | 36.07 |
| 2026-03-02 | 36.90 |
| 2026-02-27 | 36.82 |
| 2026-02-26 | 37.03 |
| 2026-02-25 | 36.91 |
| 2026-02-24 | 37.32 |
| 2026-02-23 | 36.81 |
| 2026-02-20 | 37.29 |
| 2026-02-19 | 36.94 |
| 2026-02-18 | 36.39 |
| 2026-02-17 | 36.85 |
| 2026-02-13 | 36.55 |
| 2026-02-12 | 35.83 |
| 2026-02-11 | 36.33 |
| 2026-02-10 | 36.18 |
| 2026-02-09 | 35.71 |
| 2026-02-06 | 35.63 |
| 2026-02-05 | 35.30 |
| 2026-02-04 | 35.32 |
| 2026-02-03 | 35.18 |
| 2026-02-02 | 34.73 |
| 2026-01-30 | 33.35 |
| 2026-01-29 | 33.80 |
| 2026-01-28 | 32.65 |
| 2026-01-27 | 33.00 |
| 2026-01-26 | 33.25 |
| 2026-01-23 | 33.07 |
| 2026-01-22 | 33.47 |
| 2026-01-21 | 33.69 |
| 2026-01-20 | 33.13 |
| 2026-01-16 | 33.65 |
| 2026-01-15 | 33.66 |
| 2026-01-14 | 33.36 |
| 2026-01-13 | 33.44 |
| 2026-01-12 | 33.11 |
| 2026-01-09 | 32.82 |
| 2026-01-08 | 32.30 |
| 2026-01-07 | 32.37 |
| 2026-01-06 | 33.10 |
| 2026-01-05 | 32.32 |
| 2026-01-02 | 31.86 |
| 2025-12-31 | 31.32 |
| 2025-12-30 | 31.68 |
| 2025-12-29 | 31.74 |
| 2025-12-26 | 31.65 |
| 2025-12-24 | 31.64 |
| 2025-12-23 | 31.62 |
| 2025-12-22 | 31.59 |
| 2025-12-19 | 31.18 |
| 2025-12-18 | 30.93 |
| 2025-12-17 | 30.76 |
| 2025-12-16 | 31.17 |
| 2025-12-15 | 31.49 |
| 2025-12-12 | 31.53 |
| 2025-12-11 | 32.04 |
| 2025-12-10 | 31.69 |
| 2025-12-09 | 30.75 |
| 2025-12-08 | 31.35 |
| 2025-12-05 | 31.36 |
| 2025-12-04 | 31.14 |
| 2025-12-03 | 30.98 |
| 2025-12-02 | 30.61 |
| 2025-12-01 | 30.51 |
| 2025-11-28 | 30.71 |
| 2025-11-26 | 30.70 |
| 2025-11-25 | 30.36 |
| 2025-11-24 | 29.94 |
| 2025-11-21 | 29.92 |
| 2025-11-20 | 29.20 |
| 2025-11-19 | 29.25 |
| 2025-11-18 | 29.13 |
| 2025-11-17 | 29.26 |
| 2025-11-14 | 29.65 |
| 2025-11-13 | 30.00 |
| 2025-11-12 | 30.45 |
| 2025-11-11 | 30.57 |
| 2025-11-10 | 29.96 |
| 2025-11-07 | 31.13 |
| 2025-11-06 | 30.77 |
| 2025-11-05 | 28.56 |
| 2025-11-04 | 28.37 |
| 2025-11-03 | 28.47 |
| 2025-10-31 | 28.51 |
| 2025-10-30 | 28.56 |
| 2025-10-29 | 28.59 |
| 2025-10-28 | 28.29 |
| 2025-10-27 | 28.56 |
| 2025-10-24 | 28.48 |
| 2025-10-23 | 28.26 |
| 2025-10-22 | 27.35 |
| 2025-10-21 | 27.95 |
| 2025-10-20 | 27.30 |
| 2025-10-17 | 27.06 |
| 2025-10-16 | 26.79 |
| 2025-10-15 | 27.22 |
| 2025-10-14 | 27.17 |
| 2025-10-13 | 26.88 |
| 2025-10-10 | 26.44 |
| 2025-10-09 | 27.25 |
| 2025-10-08 | 27.79 |
| 2025-10-07 | 27.69 |
| 2025-10-06 | 28.16 |
| 2025-10-03 | 28.15 |
| 2025-10-02 | 27.97 |
| 2025-10-01 | 27.86 |
| 2025-09-30 | 27.97 |
| 2025-09-29 | 27.80 |
| 2025-09-26 | 27.69 |
| 2025-09-25 | 27.48 |
| 2025-09-24 | 27.62 |
| 2025-09-23 | 28.04 |
| 2025-09-22 | 28.03 |
| 2025-09-19 | 27.87 |
| 2025-09-18 | 27.88 |
| 2025-09-17 | 27.24 |
| 2025-09-16 | 27.81 |
| 2025-09-15 | 28.03 |
| 2025-09-12 | 27.99 |
| 2025-09-11 | 28.39 |
| 2025-09-10 | 28.23 |
| 2025-09-09 | 27.86 |
| 2025-09-08 | 28.04 |
| 2025-09-05 | 27.98 |
| 2025-09-04 | 27.92 |
| 2025-09-03 | 27.61 |
| 2025-09-02 | 27.66 |
| 2025-08-29 | 28.01 |
| 2025-08-28 | 28.29 |
| 2025-08-27 | 28.33 |
Showing the most recent 260 of 5,030 data points. The chart above shows the full history.