The P$/$E ratio and EPS for PH from $2021-2023$

$2021$ P$/$E $17\mathrm{.}4$ EPS $15\mathrm{.}04$

$2022$ P$/$E $15\mathrm{.}7$ EPS $18\mathrm{.}72$

$2023$ P$/$E $15\mathrm{.}3$ EPS $21\mathrm{.}55$

Compute average P$/$E ratio for last $3$ years.

Compute Average EPS growth rate

Forecast $2024$ EPS using the $2023$ EPS and the average EPS Growth rate

compute expected $2024$ price using Average P$/$E and the forecasted EPS.