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DHR Danaher PE ratio, current and historical analysis

As of Sep 28, 2023, the DHR stock has a PE ratio of 28.64. The calculation is based on the latest EPS of $8.63 and the stock price of $247.19 per share. An increase of 4.4% has been observed in the PE ratio compared to its average of 27.4 of the past four quarters.

DHR PE ratio history

How has DHR's PE ratio performed in the past

The mean historical PE ratio of Danaher over the last ten years is 28.51. The current 28.64 price-to-earnings ratio is in line with 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.


Danaher PE ratio by year

Maximum annual increase: 36.88% in 2019

Maximum annual decrease: -27.83% in 2022

Year PE ratio Change
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%
2013 19.95 23.15%

DHR average PE ratio chart

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

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

3-year avg
5-year avg
10-year avg
15-year avg

DHR PE vs peers

What is DHR's PE ratio compared to its peers

When compared to its peers TMO and A, DHR's PE ratio is lower, but it is higher than HON's and GE's. Danaher is currently trading at a lower PE ratio (28.64) than its peers average of 29.48.

Stock name PE ratio Market cap
EMR Emerson Electric Co 4.21 $55.31B
GE General Electric Co 13.04 $119.92B
HON Honeywell International Inc 22.7 $122.82B
AME Ametek Inc 27.56 $34.2B
BRKR Bruker Corp 28.65 $9.13B
DHR Danaher Corp 28.7 $182.87B
A Agilent Technologies Inc 29.15 $32.67B
TMO Thermo Fisher Scientific Inc 34.36 $195.2B
ALGN Align Technology Inc 75.19 $23.42B
MMM 3M Co N/A $51.57B

Frequently asked questions

What is Danaher's PE ratio?

DHR's price to earnings ratio is 28.64 as of Sep 28, 2023.

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

Over the last 3 years, the average PE ratio for DHR stock is 33.81.

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

Over the last 5 years, the average PE ratio for DHR stock is 34.72.

What is the highest PE ratio for DHR?

Over the last ten years, the Dec 2020 quarter recorded the highest quarterly PE ratio at 44.7.

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

DHR's current price to earnings ratio is 0.5% above its 10-year historical average.

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

To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Sep 28, 2023), Danaher's share price is $247.19. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $8.63. Therefore, Danaher's price to earnings ratio for today is 28.64. PE RATIO(28.64) = STOCK PRICE($247.19) / TTM EPS($8.63)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.