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Becton Dickinson (BSP:B1DX34) Cyclically Adjusted Revenue per Share : R$85.60 (As of Mar. 2025)


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What is Becton Dickinson Cyclically Adjusted Revenue per Share?

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. 2025 was R$21.100. 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 R$85.60 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Becton Dickinson's average Cyclically Adjusted Revenue Growth Rate was 4.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 8.40% 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 6.80% per year. And the median was 8.20% per year.

As of today (2025-05-30), Becton Dickinson's current stock price is R$197.40. Becton Dickinson's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was R$85.60. Becton Dickinson's Cyclically Adjusted PS Ratio of today is 2.31.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Becton Dickinson was 5.57. The lowest was 2.24. And the median was 4.23.


Becton Dickinson Cyclically Adjusted Revenue per Share Historical Data

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.

* Premium members only.

Becton Dickinson Cyclically Adjusted Revenue per Share Chart

Becton Dickinson Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.96 66.87 71.96 73.31 78.86

Becton Dickinson Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 67.57 78.71 78.86 84.58 85.60

Competitive Comparison of Becton Dickinson's Cyclically Adjusted Revenue per Share

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.


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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. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=21.1/134.9266*134.9266
=21.100

Current CPI (Mar. 2025) = 134.9266.

Becton Dickinson Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 9.034 100.684 12.106
201509 10.991 100.392 14.772
201512 10.715 99.792 14.487
201603 10.476 100.470 14.069
201606 10.073 101.688 13.366
201609 9.612 101.861 12.732
201612 9.002 101.863 11.924
201703 8.524 102.862 11.181
201706 9.059 103.349 11.827
201709 8.508 104.136 11.024
201712 8.823 104.011 11.445
201803 10.357 105.290 13.272
201806 11.779 106.317 14.949
201809 13.111 106.507 16.609
201812 11.781 105.998 14.996
201903 11.940 107.251 15.021
201906 12.228 108.070 15.267
201909 13.705 108.329 17.070
201912 12.614 108.420 15.698
202003 15.111 108.902 18.722
202006 14.029 108.767 17.403
202009 13.746 109.815 16.889
202012 18.658 109.897 22.907
202103 18.840 111.754 22.746
202106 15.873 114.631 18.683
202109 17.710 115.734 20.647
202112 18.610 117.630 21.347
202203 16.455 121.301 18.303
202206 16.308 125.017 17.601
202209 17.387 125.227 18.734
202212 16.861 125.222 18.168
202303 17.582 127.348 18.628
202306 16.445 128.729 17.237
202309 17.064 129.860 17.730
202312 15.826 129.419 16.499
202403 17.306 131.776 17.720
202406 18.519 132.554 18.851
202409 20.660 133.029 20.955
202412 21.716 133.157 22.005
202503 21.100 134.927 21.100

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


Becton Dickinson  (BSP:B1DX34) 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
=197.40/85.60
=2.31

* 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 5.57. The lowest was 2.24. And the median was 4.23.


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

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


Becton Dickinson 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 prefilled 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 (27% of 2024 revenue) and BD Interventional (24%) account for the remainder. International revenue accounts for 43% of the company's business.

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