Danaher (XSWX:DHR) Shiller PE Ratio: (As of Sep. 20, 2026)

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XSWX:DHR Danaher Corp XSWX:DHR
79 GF Score
Price CHF173.42
GF Value CHF199.29
! 5 Warning Signs
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What is Danaher Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Danaher  (XSWX:DHR) 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


Danaher Shiller PE Ratio Historical Data

* Premium members only.

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.

Danaher Shiller PE Ratio Chart

Danaher Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.68 25.94 24.60 23.83 23.47

Danaher Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 23.34 23.22 23.31 25.12 25.90

XSWX:DHR vs TMO, NTRA, IDXX: Shiller PE Ratio Comparison

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 Shiller PE Ratio vs 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.


XSWX:DHR
79GF Score
Danaher Corp XSWX:DHR
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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 E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Danaher's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.9718/333.9520*333.9520
=0.972

Current CPI (Jun. 2026) = 333.9520.

Danaher Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.545 241.428 0.754
201612 1.066 241.432 1.474
201703 0.723 243.801 0.990
201706 0.778 244.955 1.060
201709 0.780 246.819 1.055
201712 1.195 246.524 1.619
201803 0.759 249.554 1.015
201806 0.936 251.989 1.240
201809 0.916 252.439 1.211
201812 1.046 251.233 1.391
201903 0.455 254.202 0.597
201906 0.977 256.143 1.273
201909 0.877 256.759 1.141
201912 1.097 256.974 1.425
202003 0.788 258.115 1.019
202006 1.198 257.797 1.552
202009 1.071 260.280 1.374
202012 1.496 260.474 1.919
202103 2.072 264.877 2.612
202106 2.184 271.696 2.685
202109 1.411 274.310 1.718
202112 2.205 278.802 2.641
202203 2.134 287.504 2.479
202206 2.171 296.311 2.447
202209 2.033 296.808 2.288
202212 2.858 296.797 3.216
202303 1.794 301.836 1.984
202306 1.336 305.109 1.462
202309 1.338 307.789 1.452
202312 1.284 306.746 1.398
202403 1.271 312.332 1.359
202406 1.105 314.175 1.175
202409 0.972 315.301 1.029
202412 1.309 315.605 1.385
202503 1.190 319.799 1.242
202506 0.638 322.561 0.661
202509 1.018 324.800 1.047
202512 1.346 324.054 1.387
202603 1.134 330.213 1.147
202606 0.972 333.952 0.972

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.

Is Danaher (XSWX:DHR) Overvalued in 2026?

Based on GuruFocus' analysis, Danaher stock appears to be undervalued. The current stock price of CHF173.42 is trading 13% below its estimated GF Value™ of CHF199.29.

Key valuation signals for XSWX:DHR:

  • Shiller PE Ratio:
  • GF Value™: CHF199.29 vs. price of CHF173.42 (13% below fair value)
  • GF Score™: 79/100 with 5 warning signs

No single metric tells the full story. See the XSWX:DHR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Danaher Business Description

Address 2200 Pennsylvania Avenue, NW, Suite 800W, Washington, DC, USA, 20037-1701
In 1984, Danaher's founders transformed a real estate organization into an industrial-focused manufacturing company. Then, through a series of mergers, acquisitions, and divestitures, Danaher now focuses primarily on manufacturing scientific instruments and consumables in the life sciences and diagnostic industries after the late 2023 divestiture of its environmental and applied solutions group, Veralto.
79GF Score

Get the complete analysis for XSWX:DHR

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF173.42
Price
CHF199.29
GF Value