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DHR Danaher PE ratio, current and historical analysis

As of Jan 21, 2025, the DHR stock has a PE ratio of 46.15. The calculation is based on the latest EPS of $5.29 and the stock price of $244.11 per share. An increase of 6% has been observed in the PE ratio compared to its average of 43.5 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 31.1. The current 46.15 price-to-earnings ratio is 48% more than the historical average. Analyzing the last ten years, DHR's PE ratio reached its highest point in the Sep 2024 quarter at 52.07, with a price of $275.44 and an EPS of $5.29. The Oct 2015 quarter saw the lowest point at 18.17, with a price of $86.66 and an EPS of $4.77.

Average
31.1
Median
28.08
Minimum
18.17
Maximum
52.07

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
34.32
5-year avg
35.71
10-year avg
31.1
15-year avg
26.63

DHR PE vs peers

What is DHR's PE ratio compared to its peers

When compared to its peer stocks TMO and GE, DHR's PE ratio is higher. Danaher is currently trading at a higher PE ratio (46.15) than its peers average of 31.63.

Stock name PE ratio Market cap
MMM 3M Co 18.72 $80.93B
HON Honeywell International Inc 25.66 $145.18B
BRKR Bruker Corp 28.95 $9.13B
AME Ametek Inc 32.36 $43.18B
GE General Electric Co 32.57 $202.36B
A Agilent Technologies Inc 34.3 $43.49B
TMO Thermo Fisher Scientific Inc 36.11 $220.84B
EMR Emerson Electric Co 37.94 $74.4B
ALGN Align Technology Inc 40.24 $17.61B
DHR Danaher Corp 46.34 $177.07B

Frequently asked questions

What is Danaher's PE ratio?

DHR's price to earnings ratio is 46.15 as of Jan 21, 2025.

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

Over the last 3 years, the average PE ratio for DHR stock is 34.32.

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

Over the last 5 years, the average PE ratio for DHR stock is 35.71.

What is the highest PE ratio for DHR?

Over the last ten years, the Sep 2024 quarter recorded the highest quarterly PE ratio at 52.07.

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

DHR's current price to earnings ratio is 48% 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 (Jan 21, 2025), Danaher's share price is $244.11. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $5.29. Therefore, Danaher's price to earnings ratio for today is 46.15. PE RATIO(46.15) = STOCK PRICE($244.11) / TTM EPS($5.29)

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