BDX (Becton Dickinson) Cyclically Adjusted Revenue per Share: $76.44 (As of Mar. 2026)

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BDX Becton Dickinson & Co BDX
77 GF Score
Price $153.83
GF Value $189.31
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Becton Dickinson Cyclically Adjusted Revenue per Share?

Becton Dickinson BDX +1.24% 77 Cyclically Adjusted Revenue per Share is $76.44 as of Mar. 2026. GuruFocus rates BDX with a GF Score™ of 77/100 and a GF Value™ of $189.31 (Modestly Undervalued). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Becton Dickinson's adjusted revenue per share for the three months ended in Mar. 2026 was $16.797. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $76.44 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Becton Dickinson's average Cyclically Adjusted Revenue Growth Rate was 2.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 8.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Becton Dickinson was 9.30% per year. The lowest was 4.70% per year. And the median was 8.20% per year.

As of today (2026-07-14), Becton Dickinson's current stock price is $153.83. Becton Dickinson's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $76.44. Becton Dickinson's Cyclically Adjusted PS Ratio of today is 2.01.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Becton Dickinson was 4.38. The lowest was 1.77. And the median was 3.31.


Becton Dickinson  (NYSE:BDX) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Becton Dickinson's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=153.83/76.44
=2.01

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Becton Dickinson was 4.38. The lowest was 1.77. And the median was 3.31.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Becton Dickinson Cyclically Adjusted Revenue per Share Related Terms


Becton Dickinson Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Becton Dickinson's Cyclically Adjusted Revenue per Share 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.

Becton Dickinson Cyclically Adjusted Revenue per Share Chart

Becton Dickinson Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.00 65.78 69.68 72.69 75.52

Becton Dickinson Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 74.28 74.87 75.52 75.29 76.44

BDX vs MDLN, RMD, WST: Cyclically Adjusted Revenue per Share Comparison

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 Cyclically Adjusted PS Ratio vs 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.


BDX
77GF Score
Becton Dickinson & Co BDX
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Becton Dickinson Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Becton Dickinson's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=16.797/330.2130*330.2130
=16.797

Current CPI (Mar. 2026) = 330.2130.

Becton Dickinson Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 14.712 241.018 20.157
201609 14.773 241.428 20.206
201612 13.420 241.432 18.355
201703 13.628 243.801 18.458
201706 13.745 244.955 18.529
201709 13.580 246.819 18.168
201712 13.389 246.524 17.934
201803 15.793 249.554 20.897
201806 15.617 251.989 20.465
201809 15.955 252.439 20.871
201812 15.168 251.233 19.936
201903 15.544 254.202 20.192
201906 15.856 256.143 20.441
201909 16.635 256.759 21.394
201912 15.366 256.974 19.745
202003 15.463 258.115 19.782
202006 13.519 257.797 17.317
202009 12.728 260.280 16.148
202012 18.133 260.474 22.988
202103 16.716 264.877 20.839
202106 15.783 271.696 19.182
202109 16.774 274.310 20.192
202112 16.455 278.802 19.489
202203 16.533 287.504 18.989
202206 16.154 296.311 18.002
202209 16.579 296.808 18.445
202212 16.072 296.797 17.882
202303 16.878 301.836 18.465
202306 16.941 305.109 18.335
202309 17.275 307.789 18.534
202312 16.150 306.746 17.386
202403 17.376 312.332 18.371
202406 17.192 314.175 18.070
202409 18.654 315.301 19.536
202412 17.797 315.605 18.621
202503 15.570 319.799 16.077
202506 19.180 322.561 19.635
202509 20.458 324.800 20.799
202512 18.374 324.054 18.723
202603 16.797 330.213 16.797

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

What does a Cyclically Adjusted Revenue per Share of $76.44 mean?
Becton Dickinson (BDX) has a Cyclically Adjusted Revenue per Share of $76.44 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Becton Dickinson and its competitors.
Is Becton Dickinson's Cyclically Adjusted Revenue per Share too high?
Becton Dickinson's current Cyclically Adjusted Revenue per Share is $76.44. Overall, Becton Dickinson has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Becton Dickinson's Cyclically Adjusted Revenue per Share compare to MDLN and RMD?
Becton Dickinson's Cyclically Adjusted Revenue per Share of $76.44 can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Medical Devices & Instruments company?
A good Cyclically Adjusted Revenue per Share depends on the Medical Devices & Instruments industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Becton Dickinson and its competitors. Becton Dickinson's current Cyclically Adjusted Revenue per Share is $76.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Becton Dickinson stock overvalued right now?
Based on GuruFocus' analysis, Becton Dickinson (BDX) is currently considered Modestly Undervalued. The stock's GF Value™ is $189.31, compared to a current price of $153.83 — trading 18.7% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is $76.44. Becton Dickinson's overall GF Score™ is 77/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Becton Dickinson (BDX), the current Cyclically Adjusted Revenue per Share is $76.44 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Becton Dickinson (BDX) Overvalued in 2026?

Based on GuruFocus' analysis, Becton Dickinson stock appears to be undervalued. The current stock price of $153.83 is trading 18.7% below its estimated GF Value™ of $189.31. GuruFocus considers Becton Dickinson to be Modestly Undervalued.

Key valuation signals for BDX:

  • Cyclically Adjusted Revenue per Share: $76.44
  • GF Value™: $189.31 vs. price of $153.83 (18.7% below fair value)
  • GF Score™: 77/100 with 3 warning signs

No single metric tells the full story. See the BDX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Becton Dickinson Business Description

Address 1 Becton Drive, Franklin Lakes, NJ, USA, 07417-1880
Becton Dickinson operates in four business units. Medical essentials (35% of total sales) includes the legacy medical surgical unit, which sells catheters, syringes, and infection prevention products. Connected care (24%) core products include the Alaris infusion pump, Pyxis dispensing system, and pharmacy automation platforms. Biopharma systems (13%) produces prefillable syringes and autoinjectors. Interventional (29%) is composed of the surgery, peripheral vascular, and urology segments. More than 60% of revenue comes from the United States.
77GF Score

Get the complete analysis for BDX

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$153.83
Price
$189.31
GF Value