Danaher CorporationDHR

Where DHR's P/B sits inside its own 10-year distribution, with the yearly high, low and average.

$236.98+2.91 (+1.24%)Previous close
NYSEHealthcare

DHR P/B: current value, 10-year range and year-by-year history

3.1Around average

DHR's p/b is right around its 10-year median of 3.1.

P/B History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
DHR P/B historyDHR P/B from Oct 2023 to Oct 2026: low 2.17, high 4.18, latest 3.12.2.012.593.183.764.34Oct 23Jun 24Jan 25Aug 25Mar 26Oct 26med 3.08

DHR P/B by year

Yearly range of DHR’s p/b from 2016 to 2026. Over the full period it ranged from 2.0 to 5.1, averaging 3.1.

DHR P/B — yearly low, average, high and year-end values
YearLowAverageHighYear-end
20262.22.73.33.1
20252.52.93.73.1
20243.13.64.23.4
20232.63.23.73.3
20223.33.84.63.7
20213.44.35.14.8
20202.63.54.23.6
20192.22.73.33.3
20182.22.32.52.3
20172.02.22.42.3
20162.02.12.22.1

Get notified when DHR P/B crosses a threshold

Free — one alert setup, notifications by push, Telegram, or Discord.

How much the market pays relative to the company's accounting net worth (assets minus liabilities). P/B < 1 means the market values the company below what the books say it owns.

FormulaPrice / Book Value Per Share
Full guide
How to read this chart

Most useful for asset-heavy businesses: banks, insurers, REITs. A P/B near its historical low suggests the market is paying unusually little for the net assets.

Key caveats
  • Goodwill and intangibles from acquisitions can inflate book value significantly — some analysts prefer tangible book value.
  • Low P/B in technology or software companies is usually irrelevant: their value is in IP and people, not balance sheet assets.

Is DHR P/B High or Low Right Now?

Danaher Corporation's P/B is currently 3.1, which is around average relative to its 10-year historical range. The 10-year median P/B for DHR is approximately 3.1. See all DHR valuation metrics →

Pro — up to 30-year history

Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.