Danaher
DHR
#66
Rank
$177.27 B
Marketcap
$239.39
Share price
-0.40%
Change (1 day)
5.58%
Change (1 year)

P/E ratio for Danaher (DHR)

P/E ratio as of April 2024 (TTM): 30.0

According to Danaher's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.9751. At the end of 2022 the company had a P/E ratio of 24.0.

P/E ratio history for Danaher from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202224.0-27.73%
202133.3-16.07%
202039.619.4%
201933.237.22%
201824.25.22%
201723.023.24%
201618.744.3%
201512.9-16.99%
201415.616.42%
201313.422.8%
201210.910.57%
20119.85-14.88%
201011.6-18.04%
200914.153.25%
20089.21-31.11%
200713.4-0.03%
200613.43.82%
200512.9-19.53%
200416.0-9.13%
200317.6-24.59%
200223.419.31%
200119.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
35.9 19.82%๐Ÿ‡บ๐Ÿ‡ธ USA
35.1 17.21%๐Ÿ‡บ๐Ÿ‡ธ USA
32.1 7.23%๐Ÿ‡บ๐Ÿ‡ธ USA
4.83-83.88%๐Ÿ‡บ๐Ÿ‡ธ USA
18.3-39.10%๐Ÿ‡บ๐Ÿ‡ธ USA
23.5-21.61%๐Ÿ‡บ๐Ÿ‡ธ USA
-6.83-122.80%๐Ÿ‡บ๐Ÿ‡ธ USA
63.3 111.29%๐Ÿ‡บ๐Ÿ‡ธ USA
21.4-28.68%๐Ÿ‡จ๐Ÿ‡ญ Switzerland

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.