Danaher Corporation P/B Ratio
Data as of June 01, 2026
P/B Ratio
2.44
Stock Price
$182.67
Book Value/Share
$74.82
Sector
Healthcare
How It's Calculated
2.44 = $182.67 ÷ $74.82
What This Means
Danaher Corporation's P/B ratio of 2.44 is in the normal range, suggesting the market values the company roughly in line with its net assets.
About Danaher Corporation
Danaher Corporation (DHR) operates in the Healthcare sector, specifically in Diagnostics & Research. With a market capitalization of about $129.29B, it ranks as a large-cap stock — a major established company.
Shares recently traded near $182.67, within a 52-week range of $160.93 to $242.80 (-24.8% from the high, +13.5% from the low). Beta of 0.84 is broadly in line with typical market sensitivity.
Trailing profit margin is about 14.9%, 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 Corporation, P/B is especially useful when earnings are volatile or temporarily depressed. In Healthcare, asset-heavy business models often anchor closer to book value, while asset-light models may trade far above book.
Sector Comparison
Among Healthcare names on our S&P 100 coverage, Danaher Corporation's P/B ratio of 2.44 can be compared with peers such as LLY (31.65), JNJ (6.68), UNH (3.53). Sector context helps interpretation, but each company's growth profile and balance sheet differ — use multiple metrics before drawing conclusions. View all Healthcare stocks.
Key Takeaways
- DHR is grouped in the Healthcare sector for peer comparisons.
- Recent beta of 0.84 suggests lower-than-market price sensitivity.
- Trailing profit margin of 14.9% 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.
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 Corporation's P/B of 2.44 reflects how the market prices net assets — especially relevant for asset-heavy Healthcare business models.
Is 2.44 above or below book value?
A P/B above 1.0 (2.44) means the market values DHR above accounting book value — often due to brands, growth, or intangible assets.
How does P/B compare within Healthcare?
Peer P/B levels in Healthcare (e.g. LLY (31.65), AMGN (19.78), GILD (7.10)) provide context; asset-light vs asset-heavy models differ materially.
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