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Danaher (LTS:0R2B) Shiller PE Ratio : 42.02 (As of May. 17, 2024)


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What is Danaher Shiller PE Ratio?

As of today (2024-05-17), Danaher's current share price is $264.75. Danaher's E10 for the quarter that ended in Mar. 2024 was $6.30. Danaher's Shiller PE Ratio for today is 42.02.

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

LTS:0R2B' s Shiller PE Ratio Range Over the Past 10 Years
Min: 17.95   Med: 26.17   Max: 63.92
Current: 42.19

During the past years, Danaher's highest Shiller PE Ratio was 63.92. The lowest was 17.95. And the median was 26.17.

LTS:0R2B's Shiller PE Ratio is ranked worse than
68.83% of 77 companies
in the Medical Diagnostics & Research industry
Industry Median: 28.53 vs LTS:0R2B: 42.19

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 $1.450. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $6.30 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 39.78

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
=264.75/6.3
=42.02

* 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)
=1.45/131.7762*131.7762
=1.450

Current CPI (Mar. 2024) = 131.7762.

Danaher Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.950 100.560 1.245
201409 0.950 100.428 1.247
201412 0.920 99.070 1.224
201503 0.790 99.621 1.045
201506 0.970 100.684 1.270
201509 2.010 100.392 2.638
201512 0.990 99.792 1.307
201603 1.090 100.470 1.430
201606 0.940 101.688 1.218
201609 0.560 101.861 0.724
201612 1.070 101.863 1.384
201703 0.720 102.862 0.922
201706 0.790 103.349 1.007
201709 0.810 104.136 1.025
201712 1.210 104.011 1.533
201803 0.800 105.290 1.001
201806 0.950 106.317 1.177
201809 0.930 106.507 1.151
201812 1.050 105.998 1.305
201903 0.460 107.251 0.565
201906 0.970 108.070 1.183
201909 0.890 108.329 1.083
201912 1.730 108.420 2.103
202003 0.810 108.902 0.980
202006 1.240 108.767 1.502
202009 1.160 109.815 1.392
202012 1.660 109.897 1.990
202103 2.290 111.754 2.700
202106 2.400 114.631 2.759
202109 1.540 115.734 1.753
202112 2.390 117.630 2.677
202203 2.310 121.301 2.509
202206 2.250 125.017 2.372
202209 2.100 125.227 2.210
202212 2.990 125.222 3.147
202303 1.940 127.348 2.007
202306 1.490 128.729 1.525
202309 1.510 129.860 1.532
202312 1.450 129.419 1.476
202403 1.450 131.776 1.450

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  (LTS:0R2B) 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 (LTS:0R2B) 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 (LTS:0R2B) Headlines

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