Danaher Stock Price To Earning

DHR Stock  USD 235.84  0.79  0.34%   
Danaher fundamentals help investors to digest information that contributes to Danaher's financial success or failures. It also enables traders to predict the movement of Danaher Stock. The fundamental analysis module provides a way to measure Danaher's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Danaher stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Danaher Company Price To Earning Analysis

Danaher's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

P/E

 = 

Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis

Current Danaher Price To Earning

    
  29.97 X  
Most of Danaher's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Danaher is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Danaher Price To Earning Driver Correlations

Understanding the fundamental principles of building solid financial models for Danaher is extremely important. It helps to project a fair market value of Danaher Stock properly, considering its historical fundamentals such as Price To Earning. Since Danaher's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Danaher's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Danaher's interrelated accounts and indicators.
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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Competition

Danaher Retained Earnings

Retained Earnings

43.13 Billion

At this time, Danaher's Retained Earnings are relatively stable compared to the past year.
Based on the latest financial disclosure, Danaher has a Price To Earning of 29.97 times. This is 15.98% higher than that of the Health Care Equipment & Supplies sector and 15.05% higher than that of the Health Care industry. The price to earning for all United States stocks is 4.35% lower than that of the firm.

Danaher Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Danaher's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Danaher could also be used in its relative valuation, which is a method of valuing Danaher by comparing valuation metrics of similar companies.
Danaher is currently under evaluation in price to earning category among its peers.

Danaher ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Danaher's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Danaher's managers, analysts, and investors.
Environmental
Governance
Social

Danaher Fundamentals

About Danaher Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Danaher's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Danaher using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Danaher based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with Danaher

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Danaher position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Danaher will appreciate offsetting losses from the drop in the long position's value.

Moving against Danaher Stock

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The ability to find closely correlated positions to Danaher could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Danaher when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Danaher - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Danaher to buy it.
The correlation of Danaher is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Danaher moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Danaher moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Danaher can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Danaher Stock Analysis

When running Danaher's price analysis, check to measure Danaher's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Danaher is operating at the current time. Most of Danaher's value examination focuses on studying past and present price action to predict the probability of Danaher's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danaher's price. Additionally, you may evaluate how the addition of Danaher to your portfolios can decrease your overall portfolio volatility.