Price to Book Value (P/BV)
since 2005
Calculation
Danaher Corp., P/BV, long-term trends, calculation
| P/BV | = | Share price1, 2, 3 | ÷ | Book value per share1 (BVPS) | BVPS1 | = | Total Danaher stockholders’ equity1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 21, 2024 | 3.47 | = | 250.65 | ÷ | 72.31 | 72.31 | = | 53,486 | ÷ | 739,701,725 | |
| Feb 22, 2023 | 3.64 | = | 250.11 | ÷ | 68.74 | 68.74 | = | 50,082 | ÷ | 728,576,886 | |
| Feb 23, 2022 | 4.16 | = | 262.39 | ÷ | 63.14 | 63.14 | = | 45,167 | ÷ | 715,352,586 | |
| Feb 25, 2021 | 3.93 | = | 219.26 | ÷ | 55.84 | 55.84 | = | 39,766 | ÷ | 712,204,198 | |
| Feb 21, 2020 | 3.72 | = | 161.88 | ÷ | 43.48 | 43.48 | = | 30,271 | ÷ | 696,237,113 | |
| Feb 21, 2019 | 2.80 | = | 112.43 | ÷ | 40.20 | 40.20 | = | 28,214 | ÷ | 701,875,340 | |
| Feb 21, 2018 | 2.58 | = | 97.35 | ÷ | 37.79 | 37.79 | = | 26,358 | ÷ | 697,569,470 | |
| Feb 22, 2017 | 2.56 | = | 84.80 | ÷ | 33.18 | 33.18 | = | 23,003 | ÷ | 693,280,277 | |
| Feb 24, 2016 | 2.53 | = | 87.20 | ÷ | 34.48 | 34.48 | = | 23,690 | ÷ | 687,154,521 | |
| Feb 25, 2015 | 2.63 | = | 87.22 | ÷ | 33.12 | 33.12 | = | 23,378 | ÷ | 705,777,722 | |
| Feb 21, 2014 | 2.38 | = | 76.15 | ÷ | 32.05 | 32.05 | = | 22,385 | ÷ | 698,482,191 | |
| Feb 22, 2013 | 2.23 | = | 61.46 | ÷ | 27.55 | 27.55 | = | 19,017 | ÷ | 690,246,149 | |
| Feb 24, 2012 | 2.17 | = | 53.32 | ÷ | 24.52 | 24.52 | = | 16,905 | ÷ | 689,294,694 | |
| Feb 24, 2011 | 2.39 | = | 49.76 | ÷ | 20.80 | 20.80 | = | 13,711 | ÷ | 659,181,326 | |
| Feb 24, 2010 | 2.07 | = | 37.26 | ÷ | 17.98 | 17.98 | = | 11,630 | ÷ | 646,964,568 | |
| Feb 25, 2009 | 1.69 | = | 25.97 | ÷ | 15.39 | 15.39 | = | 9,809 | ÷ | 637,402,212 | |
| Feb 21, 2008 | 2.62 | = | 37.33 | ÷ | 14.27 | 14.27 | = | 9,086 | ÷ | 636,600,000 | |
| Mar 1, 2007 | 3.32 | = | 35.66 | ÷ | 10.75 | 10.75 | = | 6,645 | ÷ | 618,200,000 | |
| Mar 15, 2006 | 3.78 | = | 31.40 | ÷ | 8.31 | 8.31 | = | 5,080 | ÷ | 611,200,000 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Danaher Corp. Annual Report.
Comparison to Competitors
Danaher Corp., P/BV, long-term trends, comparison to competitors
| Danaher Corp. | AbbVie Inc. | Amgen Inc. | Bristol-Myers Squibb Co. | Eli Lilly & Co. | Gilead Sciences Inc. | Johnson & Johnson | Merck & Co. Inc. | Pfizer Inc. | Regeneron Pharmaceuticals Inc. | Thermo Fisher Scientific Inc. | Vertex Pharmaceuticals Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 21, 2024 | 3.47 | 29.97 | 24.94 | 3.35 | 65.80 | 4.01 | 5.48 | 8.68 | 1.75 | 3.96 | 4.57 | 6.26 |
| Feb 22, 2023 | 3.64 | 15.52 | 35.01 | 4.88 | 29.36 | 4.90 | 5.37 | 6.07 | 2.48 | 3.77 | 4.83 | 5.50 |
| Feb 23, 2022 | 4.16 | 16.53 | 18.51 | 4.07 | 25.28 | 3.65 | 5.90 | 5.05 | 3.35 | 3.60 | 5.18 | 6.16 |
| Feb 25, 2021 | 3.93 | 14.18 | 14.53 | 3.55 | 35.07 | 4.33 | 6.72 | 7.46 | 2.98 | 4.81 | 5.15 | 6.30 |
| Feb 21, 2020 | 3.72 | — | 13.84 | 2.80 | 51.67 | 3.93 | 6.61 | 7.83 | 3.00 | 3.79 | 4.16 | 10.23 |
| Feb 21, 2019 | 2.80 | — | 9.41 | 5.89 | 12.87 | 3.89 | 6.08 | 7.79 | 3.80 | 5.07 | 3.75 | 10.68 |
| Feb 21, 2018 | 2.58 | 36.95 | 5.02 | 8.88 | 7.33 | 5.15 | 5.79 | 4.30 | 2.94 | 5.66 | 3.30 | 20.14 |
| Feb 22, 2017 | 2.56 | 21.24 | 4.14 | 5.66 | 6.33 | 4.88 | 4.72 | 4.51 | 3.40 | 8.58 | 2.86 | 18.42 |
| Feb 24, 2016 | 2.53 | 22.17 | 3.94 | 7.04 | 5.51 | 6.59 | 4.07 | 3.15 | 2.84 | 10.53 | 2.42 | 22.38 |
| Feb 25, 2015 | 2.63 | 56.09 | 4.59 | 6.72 | 5.14 | 10.08 | 4.01 | 3.42 | 2.95 | 16.22 | 2.51 | 25.60 |
| Feb 21, 2014 | 2.38 | 18.05 | 4.30 | 5.92 | 3.69 | 11.36 | 3.50 | 3.35 | 2.69 | 16.74 | 2.90 | 14.77 |
| Feb 22, 2013 | 2.23 | 18.06 | 3.57 | 4.40 | 4.15 | 7.01 | 3.29 | 2.44 | 2.42 | 12.91 | 1.72 | 10.08 |
| Feb 24, 2012 | 2.17 | — | 2.83 | 3.50 | 3.35 | 5.08 | 3.13 | 2.14 | 1.95 | 19.19 | 1.38 | 10.05 |
| Feb 24, 2011 | 2.39 | — | 2.04 | 2.76 | 3.21 | 5.29 | 2.88 | 1.85 | 1.75 | 6.42 | 1.41 | 16.16 |
| Feb 24, 2010 | 2.07 | — | 2.46 | 2.88 | 4.17 | 6.74 | 3.45 | 1.97 | 1.57 | 5.49 | 1.29 | 7.45 |
| Feb 25, 2009 | 1.69 | — | 2.48 | 3.29 | 5.01 | 9.83 | 3.56 | 2.72 | 1.44 | 2.94 | 1.02 | 21.09 |
| Feb 21, 2008 | 2.62 | — | 2.77 | 4.22 | 4.16 | 11.76 | 4.17 | 5.38 | 2.32 | 3.24 | 1.62 | 8.92 |
| Mar 1, 2007 | 3.32 | — | 3.96 | 5.50 | 5.43 | 18.07 | 4.78 | 5.45 | 2.49 | 5.77 | 1.38 | 7.52 |
| Mar 15, 2006 | 3.78 | — | 4.26 | 4.00 | 5.85 | 9.18 | 4.66 | 4.30 | 2.94 | 8.16 | 2.03 | 18.12 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Pharmaceuticals, Biotechnology & Life Sciences)
Danaher Corp., P/BV, long-term trends, comparison to sector (pharmaceuticals, biotechnology & life sciences)
| Danaher Corp. | Pharmaceuticals, Biotechnology & Life Sciences | |
|---|---|---|
| Feb 21, 2024 | 3.47 | 6.77 |
| Feb 22, 2023 | 3.64 | 5.66 |
| Feb 23, 2022 | 4.16 | 5.72 |
| Feb 25, 2021 | 3.93 | 5.99 |
| Feb 21, 2020 | 3.72 | 5.82 |
| Feb 21, 2019 | 2.80 | 6.02 |
| Feb 21, 2018 | 2.58 | 5.14 |
| Feb 22, 2017 | 2.56 | 4.58 |
| Feb 24, 2016 | 2.53 | 4.15 |
| Feb 25, 2015 | 2.63 | 4.47 |
| Feb 21, 2014 | 2.38 | 3.97 |
| Feb 22, 2013 | 2.23 | 3.21 |
| Feb 24, 2012 | 2.17 | 2.55 |
| Feb 24, 2011 | 2.39 | 2.25 |
| Feb 24, 2010 | 2.07 | 2.37 |
| Feb 25, 2009 | 1.69 | 2.60 |
| Feb 21, 2008 | 2.62 | 3.42 |
| Mar 1, 2007 | 3.32 | 3.82 |
| Mar 15, 2006 | 3.78 | 4.00 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Health Care)
Danaher Corp., P/BV, long-term trends, comparison to industry (health care)
| Danaher Corp. | Health Care | |
|---|---|---|
| Feb 21, 2024 | 3.47 | 5.25 |
| Feb 22, 2023 | 3.64 | 73,885.60 |
| Feb 23, 2022 | 4.16 | 4.84 |
| Feb 25, 2021 | 3.93 | 4.63 |
| Feb 21, 2020 | 3.72 | 4.47 |
| Feb 21, 2019 | 2.80 | 4.48 |
| Feb 21, 2018 | 2.58 | 4.32 |
| Feb 22, 2017 | 2.56 | 3.88 |
| Feb 24, 2016 | 2.53 | 3.53 |
| Feb 25, 2015 | 2.63 | 3.98 |
| Feb 21, 2014 | 2.38 | 3.37 |
| Feb 22, 2013 | 2.23 | 2.74 |
| Feb 24, 2012 | 2.17 | 2.40 |
| Feb 24, 2011 | 2.39 | 2.14 |
| Feb 24, 2010 | 2.07 | 2.26 |
| Feb 25, 2009 | 1.69 | 2.45 |
| Feb 21, 2008 | 2.62 | 3.27 |
| Mar 1, 2007 | 3.32 | 3.76 |
| Mar 15, 2006 | 3.78 | 3.91 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).