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	38.0	21.77%	🇺🇸 USA
3M MMM	-11.4	-136.35%	🇺🇸 USA
Agilent Technologies A	39.4	26.15%	🇺🇸 USA
Ametek AME	33.3	6.46%	🇺🇸 USA
Emerson EMR	5.61	-82.06%	🇺🇸 USA
General Electric GE	22.7	-27.21%	🇺🇸 USA
Honeywell HON	27.7	-11.26%	🇺🇸 USA
ABB ABBN.SW	26.3	-15.70%	🇨🇭 Switzerland
Align Technology ALGN	48.6	55.50%	🇺🇸 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.