Is there a formula which can number row hierarchies?

I am looking for a number which can categroise row hierarchies into numbers.

I have a column called "Hierarchy" and in each row I want it to generate a number depending on what hierarchy the row falls under.

For example, the Parent row would return 1, the child of that row would be 2, the grandchild would be 3 etc etc

PARENT - 1

CHILD - 2

GRANDCHILD - 3

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