Danaher
DHR
#41
Rank
$197.80 B
Marketcap
$271.92
Share price
-2.20%
Change (1 day)
-9.54%
Change (1 year)

P/E ratio for Danaher (DHR)

P/E ratio as of October 2022 (TTM): 32.2

According to Danaher's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.219. 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
202137.5-16.07%
202044.719.4%
201937.437.22%
201827.35.22%
201725.923.24%
201621.044.3%
201514.6-16.99%
201417.616.42%
201315.122.8%
201212.3

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.