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Parker Hannifin (FRA:PAR) 3-Year Book Growth Rate : 18.40% (As of Mar. 2024)


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What is Parker Hannifin 3-Year Book Growth Rate?

Parker Hannifin's Book Value per Share for the quarter that ended in Mar. 2024 was €83.04.

During the past 12 months, Parker Hannifin's average Book Value per Share Growth Rate was 18.40% per year. During the past 3 years, the average Book Value per Share Growth Rate was 18.40% per year. During the past 5 years, the average Book Value per Share Growth Rate was 13.60% per year. During the past 10 years, the average Book Value per Share Growth Rate was 7.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Parker Hannifin was 19.00% per year. The lowest was -4.10% per year. And the median was 8.15% per year.


Competitive Comparison of Parker Hannifin's 3-Year Book Growth Rate

For the Specialty Industrial Machinery subindustry, Parker Hannifin's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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 3-Year Book Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Parker Hannifin's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Parker Hannifin's 3-Year Book Growth Rate falls into.



Parker Hannifin 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.


Parker Hannifin  (FRA:PAR) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.


Parker Hannifin 3-Year Book Growth Rate Related Terms

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Parker Hannifin (FRA:PAR) Business Description

Traded in Other Exchanges
Address
6035 Parkland Boulevard, Cleveland, OH, USA, 44124-4141
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.