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Danaher (BSP:DHER34) Shiller PE Ratio : 40.45 (As of May. 05, 2024)


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What is Danaher Shiller PE Ratio?

As of today (2024-05-05), Danaher's current share price is R$44.90. Danaher's E10 for the quarter that ended in Mar. 2024 was R$1.11. Danaher's Shiller PE Ratio for today is 40.45.

The historical rank and industry rank for Danaher's Shiller PE Ratio or its related term are showing as below:

BSP:DHER34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 17.95   Med: 25.99   Max: 63.92
Current: 40.27

During the past years, Danaher's highest Shiller PE Ratio was 63.92. The lowest was 17.95. And the median was 25.99.

BSP:DHER34's Shiller PE Ratio is ranked worse than
68.42% of 76 companies
in the Medical Diagnostics & Research industry
Industry Median: 27.985 vs BSP:DHER34: 40.27

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Danaher's adjusted earnings per share data for the three months ended in Mar. 2024 was R$0.258. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$1.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Danaher Shiller PE Ratio Historical Data

The historical data trend for Danaher's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Danaher Shiller PE Ratio Chart

Danaher Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.73 47.51 59.12 40.63 37.75

Danaher Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.51 35.13 35.76 37.75 40.49

Competitive Comparison of Danaher's Shiller PE Ratio

For the Diagnostics & Research subindustry, Danaher's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Danaher's Shiller PE Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Danaher's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Danaher's Shiller PE Ratio falls into.



Danaher Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Danaher's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=44.90/1.11
=40.45

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Danaher's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Danaher's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.258/129.4194*129.4194
=0.258

Current CPI (Mar. 2024) = 129.4194.

Danaher Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.076 100.560 0.098
201409 0.079 100.428 0.102
201412 0.087 99.070 0.114
201503 0.089 99.621 0.116
201506 0.108 100.684 0.139
201509 0.280 100.392 0.361
201512 0.137 99.792 0.178
201603 0.144 100.470 0.185
201606 0.115 101.688 0.146
201609 0.065 101.861 0.083
201612 0.128 101.863 0.163
201703 0.080 102.862 0.101
201706 0.093 103.349 0.116
201709 0.091 104.136 0.113
201712 0.142 104.011 0.177
201803 0.094 105.290 0.116
201806 0.128 106.317 0.156
201809 0.136 106.507 0.165
201812 0.146 105.998 0.178
201903 0.063 107.251 0.076
201906 0.134 108.070 0.160
201909 0.131 108.329 0.157
201912 0.254 108.420 0.303
202003 0.141 108.902 0.168
202006 0.230 108.767 0.274
202009 0.224 109.815 0.264
202012 0.305 109.897 0.359
202103 0.461 111.754 0.534
202106 0.431 114.631 0.487
202109 0.290 115.734 0.324
202112 0.483 117.630 0.531
202203 0.411 121.301 0.439
202206 0.406 125.017 0.420
202209 0.393 125.227 0.406
202212 0.560 125.222 0.579
202303 0.361 127.348 0.367
202306 0.258 128.729 0.259
202309 0.266 129.860 0.265
202312 0.254 129.419 0.254
202403 0.258 129.419 0.258

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Danaher  (BSP:DHER34) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Danaher Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Danaher's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Danaher (BSP:DHER34) Business Description

Address
2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, USA, 20037-1701
In 1984, Danaher's founders transformed a real estate organization into an industrial-focused manufacturing company. Through a series of mergers, acquisitions, and divestitures, Danaher now focuses primarily on manufacturing scientific instruments and consumables in two segments--life sciences and diagnostics--after the late 2023 divesititure of its environmental and applied solutions group, Veralto.

Danaher (BSP:DHER34) Headlines

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