P/E ratio for Danaher (DHR)
P/E ratio as of April 2023 (TTM): 25.7
According to Danaher's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.7426. At the end of 2021 the company had a P/E ratio of 37.5.
P/E ratio history for Danaher from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 37.5 | -16.07% |
| 2020 | 44.7 | 19.4% |
| 2019 | 37.4 | 37.22% |
| 2018 | 27.3 | 5.22% |
| 2017 | 25.9 | 23.24% |
| 2016 | 21.0 | 44.3% |
| 2015 | 14.6 | -16.99% |
| 2014 | 17.6 | 16.42% |
| 2013 | 15.1 | 22.8% |
| 2012 | 12.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Thermo Fisher Scientific TMO | 32.5 | 26.08% | 🇺🇸 USA |
 Agilent Technologies A | 31.1 | 20.77% | 🇺🇸 USA |
 Ametek AME | 28.8 | 11.82% | 🇺🇸 USA |
 Emerson EMR | 9.04 | -64.88% | 🇺🇸 USA |
 General Electric GE | -233 | -1,005.50% | 🇺🇸 USA |
 Honeywell HON | 26.0 | 1.15% | 🇺🇸 USA |
 3M MMM | 10.3 | -59.90% | 🇺🇸 USA |
 Align Technology
ALGN | 72.4 | 181.11% | 🇺🇸 USA |
 ABB ABB | 26.2 | 1.74% | 🇨🇭 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.