Danaher Corp P/B Ratio
Data as of August 04, 2026
P/B Ratio
2.66
Stock Price
$197.50
Book Value/Share
$74.32
Sector
Life Sciences Tools & Services
How It's Calculated
2.66 = $197.50 ÷ $74.32
What This Means
Danaher Corp's P/B ratio of 2.66 is between 1 and 3. This descriptive range does not establish fair value because economically comparable P/B levels vary by sector, profitability, leverage, accounting policy, and asset composition.
About Danaher Corp
Danaher Corp (DHR) operates in the Life Sciences Tools & Services sector, specifically in Life Sciences Tools & Services. With a market capitalization of about $137.07B, it ranks as a large-cap stock — a major established company.
Shares recently traded near $197.50, within a 52-week range of $160.93 to $242.80 (-18.7% from the high, +22.7% from the low). Beta of 0.78 indicates relatively lower volatility versus the market.
Trailing profit margin is about 16.0%, signaling a solid profit margin for its industry.
Understanding This Metric
The price-to-book ratio compares market price to net asset value per share. For Danaher Corp, P/B is especially useful when earnings are volatile or temporarily depressed. In Life Sciences Tools & Services, asset-heavy business models often anchor closer to book value, while asset-light models may trade far above book.
Sector Comparison
Among Life Sciences Tools & Services names on our S&P 100 coverage, Danaher Corp's P/B ratio of 2.66 can be compared with peers such as TMO (4.04). Sector context helps interpretation, but each company's growth profile and balance sheet differ — use multiple metrics before drawing conclusions. View all Life Sciences Tools & Services stocks.
Key Takeaways
- DHR is grouped in the Life Sciences Tools & Services sector for peer comparisons.
- Recent beta of 0.78 suggests lower-than-market price sensitivity.
- Trailing profit margin of 16.0% provides context for how much earnings support the headline multiple.
Related Tools & Guides
Explore calculators and guides connected to this metric, or view all metrics for DHR.
Learn the full workflow
Compare PE with PB, PEG, EV/EBITDA, and market cap in one structured path.
Open the Stock Valuation hub →Other DHR Metrics
Frequently Asked Questions
What does DHR's price-to-book ratio indicate?
P/B compares share price to book value per share. Danaher Corp's P/B of 2.66 reflects how the market prices net assets — especially relevant for asset-heavy Life Sciences Tools & Services business models.
Is 2.66 above or below book value?
A P/B above 1.0 (2.66) means the market values DHR above accounting book value — often due to brands, growth, or intangible assets.
How does P/B compare within Life Sciences Tools & Services?
Peer P/B levels in Life Sciences Tools & Services (e.g. TMO (4.04)) provide context; asset-light vs asset-heavy models differ materially.
Calculate the p/b ratio for any stock with our free calculator.
Open P/B Ratio Calculator →