Back to DHR overview
#
DHR Danaher
PE ratio, current and historical analysis

## DHR PE ratio history

### Danaher PE ratio by year

## DHR average PE ratio chart

## DHR PE vs peers

## Frequently asked questions

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What is Danaher's PE ratio?

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What is the 3-year average PE ratio for Danaher (DHR)?

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What is the 5-year average PE ratio for Danaher (DHR)?

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What is the highest PE ratio for DHR?

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How does the current PE ratio for DHR compare to its historical average?

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How is DHR's PE ratio calculated (Danaher PE ratio formula)?

As of Sep 11, 2024, the DHR stock has a PE ratio of 47.8. The calculation is based on the latest EPS of $5.69 and the stock price of $271.98 per share. An increase of 25% has been observed in the PE ratio compared to its average of 38.2 of the past four quarters.

How has DHR's PE ratio performed in the past

The mean historical PE ratio of Danaher over the last ten years is 30.09. The current 47.8 price-to-earnings ratio is 59% more than the historical average. Analyzing the last ten years, DHR's PE ratio reached its highest point in the Dec 2020 quarter at 44.7, with a price of $222.14 and an EPS of $4.97. The Oct 2015 quarter saw the lowest point at 18.17, with a price of $86.66 and an EPS of $4.77.

Average

30.09

Median

27.66

Minimum

18.17

Maximum

44.7

Maximum annual increase: 36.88% in 2019

Maximum annual decrease: -27.83% in 2022

Year | PE ratio | Change |
---|---|---|

2023 | 35.92 | 32.64% |

2022 | 27.08 | -27.83% |

2021 | 37.52 | -16.06% |

2020 | 44.7 | 19.71% |

2019 | 37.34 | 36.88% |

2018 | 27.28 | 5.21% |

2017 | 25.93 | 22.95% |

2016 | 21.09 | 9.22% |

2015 | 19.31 | -16.62% |

2014 | 23.16 | 16.09% |

What is the average PE ratio of DHR for the past years

The current PE ratio of DHR is above its 3, 5 and 10-year averages.

3-year avg

33.39

5-year avg

35.26

10-year avg

30.09

15-year avg

25.96

What is DHR's PE ratio compared to its peers

When compared to its peer MMM, DHR's PE ratio is lower, but it is higher than TMO's and GE's. Danaher is currently trading at a higher PE ratio (47.8) than its peers average of 36.83.

Stock name | PE ratio | Market cap |
---|---|---|

HON Honeywell International Inc | 23.13 | $132.56B |

BRKR Bruker Corp | 26.55 | $9.69B |

AME Ametek Inc | 28.59 | $38.26B |

A Agilent Technologies Inc | 28.66 | $39.85B |

EMR Emerson Electric Co | 32.97 | $57.22B |

ALGN Align Technology Inc | 38.16 | $16.82B |

TMO Thermo Fisher Scientific Inc | 38.25 | $236.25B |

GE General Electric Co | 38.96 | $180.38B |

DHR Danaher Corp | 47.8 | $196.43B |

MMM 3M Co | 76.16 | $71.54B |

DHR's price to earnings ratio is 47.8 as of Sep 11, 2024.

Over the last 3 years, the average PE ratio for DHR stock is 33.39.

Over the last 5 years, the average PE ratio for DHR stock is 35.26.

The current PE of 47.8 represents the highest historical value in the last ten years.

DHR's current price to earnings ratio is 59% above its 10-year historical average.

To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Sep 11, 2024), Danaher's share price is $271.98. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $5.69. Therefore, Danaher's price to earnings ratio for today is 47.8. `PE RATIO(47.8) = STOCK PRICE($271.98) / TTM EPS($5.69)`

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.