Metrics to compare | 9845 | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship Relationship9845PeersSector | |
|---|---|---|---|---|
P/E Ratio | 7.7x | 12.9x | 12.0x | |
PEG Ratio | 0.20 | 0.70 | 0.03 | |
Price/Book | 0.7x | 1.1x | 1.4x | |
Price / LTM Sales | 0.5x | 0.4x | 1.2x | |
Upside (Analyst Target) | - | 11.9% | 27.1% | |
Fair Value Upside | Unlock | 3.0% | 7.1% | Unlock |
Parker Corporation operates through machinery, chemicals, industrial material, engineering business in Japan, China, Asia, the United States, and Europe. The company manufactures and sells food processing machinery, shoemaking machinery, automotive-related equipment, and other machinery; sealing materials, undercoats, hollow and foamed materials for automotive manufacturing lines, materials for vehicle; foamed glass sealing materials, and other products; soundproofing materials for automobiles and home appliances, etc. It also handles industrial cleaning agents and steelwork materials; cleaning agents, steel equipment and machinery, etc. In addition, the company manufactures and sells fine chemicals for the electronics industry, and car care chemicals; industrial hot air blower desiccants, and other related products. It serves automobiles, electrical equipment, chemicals, steel, electronics, and food industries. The company was formerly known as Parker Shoji Co., Ltd. and changed its name to Parker Corporation in August 1988. Parker Corporation was incorporated in 1951 and is based in Chuo, Japan.