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Look up the most recent Value Line Report for Parker Hannifin (PH) Now Assume the appropriate P/E ratio is the average of the last 5

  1. Look up the most recent Value Line Report for Parker Hannifin (PH)
    1. Now Assume the appropriate P/E ratio is the average of the last 5 years (2016-2020) of the yearly average P/E ratio from Value Line. Compute that 5-year yearly average P/E. Based on your 5-year average P/E from Value Line, what will the price be at the end of 2021 and 2022?

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