Stock Analysis on Net

Parker-Hannifin Corp. (NYSE:PH)

$22.49

This company has been moved to the archive! The financial data has not been updated since February 7, 2023.

Price to Sales (P/S)
since 2005

Microsoft Excel

Paying user area

The data is hidden behind: . Unhide it.

This is a one-time payment. There is no automatic renewal.


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Calculation

Parker-Hannifin Corp., P/S, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-06-30), 10-K (reporting date: 2010-06-30), 10-K (reporting date: 2009-06-30), 10-K (reporting date: 2008-06-30), 10-K (reporting date: 2007-06-30), 10-K (reporting date: 2006-06-30), 10-K (reporting date: 2005-06-30).

1 US$

2 Data adjusted for splits and stock dividends.

3 Closing price as at the filing date of Parker-Hannifin Corp. Annual Report.


Share Price
The share price experienced a general upward trend over the period analyzed, beginning at $42.97 in 2005 and rising to a peak of $303.51 in 2021. Notable growth phases are observed between 2006 and 2007, 2016 and 2018, and especially from 2019 to 2021. Despite this overall increase, volatility is evident with declines in some years, such as from 2007 to 2009 and a notable drop from 2021 to 2022 where the price decreased to $285.40.
Sales Per Share
Sales per share demonstrated a generally positive trajectory, increasing from $45.76 in 2005 to $123.53 in 2022. Growth was steady with occasional fluctuations; for instance, sales dropped between 2008 and 2010, followed by a recovery and consistent increase until 2019. A minor decline occurred in 2020, likely linked to external market conditions, but sales per share resumed growth afterward.
Price-to-Sales (P/S) Ratio
The P/S ratio showed more variability, starting below 1.0 in the early years and rising substantially to a peak of 2.73 in 2021. This indicates that the market valuation relative to sales expanded over time, reflecting either increased investor confidence or perceived growth potential. Despite the rise, the ratio showed some corrections, particularly after 2018 and again after the peak in 2021, where it declined to 2.31 in 2022. The ratio's movement suggests fluctuations in market sentiment relative to the company’s sales performance.
Overall Insights
The data portrays a company with strengthening financial performance, as evidenced by rising sales per share and an increasing share price over the long term. However, the disparity in the growth rates of share price and sales per share, especially reflected in the rising P/S ratios, suggests that market valuations have become more bullish relative to sales. Periods of share price correction indicate market recalibration. These patterns highlight a growth-oriented market perception, balanced with occasional valuations adjustments.

Comparison to Competitors

Parker-Hannifin Corp., P/S, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-06-30), 10-K (reporting date: 2010-06-30), 10-K (reporting date: 2009-06-30), 10-K (reporting date: 2008-06-30), 10-K (reporting date: 2007-06-30), 10-K (reporting date: 2006-06-30), 10-K (reporting date: 2005-06-30).


Comparison to Sector (Capital Goods)


Comparison to Industry (Industrials)