P/E ratio for Danaher (DHR)

P/E ratio history for Danaher from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Thermo Fisher Scientific TMO	34.1	32.71%	🇺🇸 USA
3M MMM	-11.5	-144.88%	🇺🇸 USA
Agilent Technologies A	33.0	28.55%	🇺🇸 USA
Ametek AME	33.6	30.84%	🇺🇸 USA
Emerson EMR	5.19	-79.76%	🇺🇸 USA
General Electric GE	23.8	-7.19%	🇺🇸 USA
Honeywell HON	26.0	1.27%	🇺🇸 USA
ABB ABBN.SW	25.0	-2.47%	🇨🇭 Switzerland
Align Technology ALGN	38.8	51.38%	🇺🇸 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.