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DHR Danaher PE ratio, current and historical analysis

As of Jun 20, 2024, the DHR stock has a PE ratio of 41.7. The calculation is based on the latest EPS of $5.96 and the stock price of $248.56 per share. An increase of 22% has been observed in the PE ratio compared to its average of 34.1 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 29.52. The current 41.7 price-to-earnings ratio is 41% 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
29.52
Median
27.4
Minimum
18.17
Maximum
44.7

Danaher PE ratio by year

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%

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 3, 5 and 10-year averages.

3-year avg
32.72
5-year avg
35.13
10-year avg
29.52
15-year avg
25.49

DHR PE vs peers

What is DHR's PE ratio compared to its peers

When compared to its peer GE, DHR's PE ratio is lower, but it is higher than TMO's and HON's. Danaher is currently trading at a higher PE ratio (41.7) than its peers average of 30.52.

Stock name PE ratio Market cap
EMR Emerson Electric Co 5.73 $61.7B
BRKR Bruker Corp 24.16 $9.66B
HON Honeywell International Inc 24.67 $139.63B
AME Ametek Inc 29.26 $38.8B
A Agilent Technologies Inc 31.49 $39.05B
TMO Thermo Fisher Scientific Inc 36.16 $216.01B
ALGN Align Technology Inc 39.83 $18.23B
DHR Danaher Corp 42.36 $187B
GE General Electric Co 52.77 $178.5B
MMM 3M Co N/A $56.41B

Frequently asked questions

What is Danaher's PE ratio?

DHR's price to earnings ratio is 41.7 as of Jun 20, 2024.

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

Over the last 3 years, the average PE ratio for DHR stock is 32.72.

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

Over the last 5 years, the average PE ratio for DHR stock is 35.13.

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 41% 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 (Jun 20, 2024), Danaher's share price is $248.56. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $5.96. Therefore, Danaher's price to earnings ratio for today is 41.7. PE RATIO(41.7) = STOCK PRICE($248.56) / TTM EPS($5.96)

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