Danaher
DHR
#87
Rank
โ‚น13.895 T
Marketcap
โ‚น19,238
Share price
-0.94%
Change (1 day)
1.04%
Change (1 year)

P/E ratio for Danaher (DHR)

P/E ratio as of December 2024 (TTM): 28.2

According to Danaher's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.1995. 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

20052010201520201020304050companiesmarketcap.com

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
33.7 19.44%๐Ÿ‡บ๐Ÿ‡ธ USA
-9.53-133.79%๐Ÿ‡บ๐Ÿ‡ธ USA
34.8 23.32%๐Ÿ‡บ๐Ÿ‡ธ USA
32.8 16.15%๐Ÿ‡บ๐Ÿ‡ธ USA
5.32-81.15%๐Ÿ‡บ๐Ÿ‡ธ USA
19.3-31.65%๐Ÿ‡บ๐Ÿ‡ธ USA
27.9-1.16%๐Ÿ‡บ๐Ÿ‡ธ USA
25.4-10.10%๐Ÿ‡จ๐Ÿ‡ญ Switzerland
45.2 60.12%๐Ÿ‡บ๐Ÿ‡ธ USA

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.