GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Becton Dickinson & Co (MIC:BDX-RM) » Definitions » Cyclically Adjusted PS Ratio

Becton Dickinson (MIC:BDX-RM) Cyclically Adjusted PS Ratio : (As of May. 26, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Becton Dickinson Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Becton Dickinson Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Becton Dickinson's Cyclically Adjusted PS 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.

* Premium members only.

Becton Dickinson Cyclically Adjusted PS Ratio Chart

Becton Dickinson Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.88 4.25 4.06 3.39 3.71

Becton Dickinson Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS 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 3.66 3.84 3.71 3.50 3.47

Competitive Comparison of Becton Dickinson's Cyclically Adjusted PS Ratio

For the Medical Instruments & Supplies subindustry, Becton Dickinson's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Becton Dickinson's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Becton Dickinson's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Becton Dickinson's Cyclically Adjusted PS Ratio falls into.



Becton Dickinson Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Becton Dickinson's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Becton Dickinson's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1589.916/131.7762*131.7762
=1,589.916

Current CPI (Mar. 2024) = 131.7762.

Becton Dickinson Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 369.278 100.560 483.913
201409 438.680 100.428 575.613
201412 588.856 99.070 783.259
201503 590.102 99.621 780.572
201506 807.853 100.684 1,057.327
201509 925.203 100.392 1,214.443
201512 1,010.961 99.792 1,334.977
201603 958.606 100.470 1,257.300
201606 938.853 101.688 1,216.647
201609 931.897 101.861 1,205.583
201612 809.764 101.863 1,047.563
201703 762.934 102.862 977.391
201706 816.730 103.349 1,041.379
201709 786.153 104.136 994.821
201712 770.795 104.011 976.554
201803 904.191 105.290 1,131.650
201806 981.303 106.317 1,216.293
201809 1,045.615 106.507 1,293.695
201812 1,054.519 105.998 1,310.974
201903 1,008.930 107.251 1,239.649
201906 999.868 108.070 1,219.204
201909 1,048.935 108.329 1,275.966
201912 952.268 108.420 1,157.408
202003 1,230.718 108.902 1,489.230
202006 945.986 108.767 1,146.102
202009 1,005.068 109.815 1,206.066
202012 1,351.308 109.897 1,620.340
202103 1,268.829 111.754 1,496.151
202106 1,160.111 114.631 1,333.623
202109 1,225.726 115.734 1,395.624
202112 1,216.593 117.630 1,362.906
202203 1,735.558 121.301 1,885.436
202206 1,017.638 125.017 1,072.660
202209 999.690 125.227 1,051.977
202212 983.610 125.222 1,035.094
202303 1,269.894 127.348 1,314.053
202306 1,374.898 128.729 1,407.447
202309 1,665.786 129.860 1,690.373
202312 1,457.190 129.419 1,483.726
202403 1,589.916 131.776 1,589.916

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

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.


Becton Dickinson  (MIC:BDX-RM) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Becton Dickinson Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Becton Dickinson's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Becton Dickinson (MIC:BDX-RM) Business Description

Address
1 Becton Drive, Franklin Lakes, NJ, USA, 07417-1880
Becton, Dickinson is the world's largest manufacturer and distributor of medical surgical products, such as needles, syringes, and sharps-disposal units. The company also manufactures pre-filled devices, diagnostic instruments and reagents, as well as flow cytometry and cell-imaging systems. BD Medical is nearly half of the total business, while BD Life Sciences (26% of estimated 2023 revenue) and BD Interventional (25%) account for the remainder. International revenue accounts for 43% of the company's business.

Becton Dickinson (MIC:BDX-RM) Headlines

No Headlines