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BDX (Becton Dickinson) Cyclically Adjusted PS Ratio : 2.29 (As of Jun. 29, 2025)


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What is Becton Dickinson Cyclically Adjusted PS Ratio?

As of today (2025-06-29), Becton Dickinson's current share price is $170.86. Becton Dickinson's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $74.55. Becton Dickinson's Cyclically Adjusted PS Ratio for today is 2.29.

The historical rank and industry rank for Becton Dickinson's Cyclically Adjusted PS Ratio or its related term are showing as below:

BDX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.24   Med: 4.23   Max: 5.57
Current: 2.29

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

BDX's Cyclically Adjusted PS Ratio is ranked worse than
50.73% of 479 companies
in the Medical Devices & Instruments industry
Industry Median: 2.27 vs BDX: 2.29

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 adjusted revenue per share data for the three months ended in Mar. 2025 was $18.322. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $74.55 for the trailing ten years ended in Mar. 2025.

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 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.25 4.06 3.39 3.71 3.32

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 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 3.47 3.24 3.32 3.10 3.07

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.


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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 PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=170.86/74.55
=2.29

* 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's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

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)
=18.322/134.9266*134.9266
=18.322

Current CPI (Mar. 2025) = 134.9266.

Becton Dickinson Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 14.516 100.684 19.453
201509 14.080 100.392 18.924
201512 13.805 99.792 18.665
201603 14.164 100.470 19.022
201606 14.712 101.688 19.521
201609 14.773 101.861 19.569
201612 13.420 101.863 17.776
201703 13.628 102.862 17.876
201706 13.745 103.349 17.945
201709 13.580 104.136 17.595
201712 13.389 104.011 17.369
201803 15.793 105.290 20.238
201806 15.617 106.317 19.820
201809 15.955 106.507 20.212
201812 15.168 105.998 19.308
201903 15.544 107.251 19.555
201906 15.856 108.070 19.796
201909 16.635 108.329 20.719
201912 15.366 108.420 19.123
202003 15.463 108.902 19.158
202006 13.519 108.767 16.770
202009 12.728 109.815 15.639
202012 18.133 109.897 22.263
202103 16.716 111.754 20.182
202106 15.783 114.631 18.577
202109 16.774 115.734 19.556
202112 16.455 117.630 18.875
202203 16.533 121.301 18.390
202206 16.154 125.017 17.434
202209 16.579 125.227 17.863
202212 16.072 125.222 17.318
202303 16.878 127.348 17.882
202306 16.941 128.729 17.757
202309 17.275 129.860 17.949
202312 16.150 129.419 16.837
202403 17.376 131.776 17.791
202406 17.192 132.554 17.500
202409 18.654 133.029 18.920
202412 17.797 133.157 18.034
202503 18.322 134.927 18.322

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  (NYSE:BDX) 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 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.
Executives
Michael David Garrison officer: EVP and President Medical BECTON, DICKINSON AND COMPANY, 1 BECTON DRIVE, FRANKLIN LAKES NJ 07417
Richard Byrd officer: EVP & President Interventional BECTON, DICKINSON AND COMPANY, 1 BECTON DRIVE, FRANKLIN LAKES NJ 07417
Bertram L Scott director C/O BECTON DICKERSON & CO, 1 BECTON DR, FRANKLIN LAKES NJ 07417
Jeffrey William Henderson director 7000 CARDINAL PLACE, DUBLIN OH 43017
David Shan officer: EVP, Integrated Supply Chain 1 BECTON DRIVE, FRANKLIN LAKES NJ 07417
Shana Carol Neal officer: Chief People Officer 9120 LOCKWOOD BOULEVARD, MECHANICSVILLE VA 23116
Roland Goette officer: EVP and President, EMEA BECTON, DICKINSON AND COMPANY, 1 BECTON DRIVE, FRANKLIN LAKES NJ 07417
Thomas J Spoerel officer: VP Controller & Chief Acct Off BECTON, DICKINSON AND COMPANY, 1 BECTON DRIVE, FRANKLIN LAKES NJ 07417
Claire Fraser director C/O BECTON, DICKINSON AND COMPANY, FRANKLIN LAKES NJ 07465
David Hickey officer: EVP & President, Life Sciences BECTON, DICKINSON AND COMPANY, 1 BECTON DRIVE, FRANKLIN LAKES NJ 07417
Joanne Waldstreicher director C/O STRUCTURE THERAPEUTICS INC., 611 GATEWAY BLVD, SUITE 223, SOUTH SAN FRANCISCO CA 94080
Michelle Quinn officer: EVP and Acting General Counsel 1 BECTON DRIVE, FRANKLIN LAKES NJ 07417
Christopher Delorefice officer: EVP & CFO BECTON, DICKINSON AND COMPANY, 1 BECTON DRIVE, FRANKLIN LAKES NJ 07417
Polen Thomas E Jr officer: Executive Vice President BECTON, DICKINSON AND COMPANY, 1 BECTON DRIVE, FRANKLIN LAKES NJ 07417
Samrat S. Khichi officer: EVP and General Counsel C/O CATALENT, INC., 14 SCHOOLHOUSE ROAD, SOMERSET NJ 08873