Danaher
DHR
#55
Rank
$184.23 B
Marketcap
$252.04
Share price
0.90%
Change (1 day)
-13.59%
Change (1 year)

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
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

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
32.5 26.08%๐Ÿ‡บ๐Ÿ‡ธ USA
31.1 20.77%๐Ÿ‡บ๐Ÿ‡ธ USA
28.8 11.82%๐Ÿ‡บ๐Ÿ‡ธ USA
9.04-64.88%๐Ÿ‡บ๐Ÿ‡ธ USA
-233-1,005.50%๐Ÿ‡บ๐Ÿ‡ธ USA
26.0 1.15%๐Ÿ‡บ๐Ÿ‡ธ USA
10.3-59.90%๐Ÿ‡บ๐Ÿ‡ธ USA
72.4 181.11%๐Ÿ‡บ๐Ÿ‡ธ USA
26.2 1.74%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.