Bristol-Myers Squibb Co (LIM:BMY) EV-to-EBITDA: 9.88 (As of Aug. 09, 2026) — 26% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LIM:BMY Bristol-Myers Squibb Co LIM:BMY
62 GF Score
Price $56.98
GF Value $55.92
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Bristol-Myers Squibb Co EV-to-EBITDA?

Bristol-Myers Squibb Co LIM:BMY 62 EV-to-EBITDA is 9.88 as of Aug. 09, 2026, which is 26% below its 10-year median of 13.41. GuruFocus rates LIM:BMY with a GF Score™ of 62/100 and a GF Value™ of $55.92 (Fairly Valued). The stock has 5 warning signs investors should review. Among 737 Drug Manufacturers companies, Bristol-Myers Squibb Co ranks better than 62.82% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Bristol-Myers Squibb Co's enterprise value is $166,190 Mil. Bristol-Myers Squibb Co's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $16,816 Mil. Therefore, Bristol-Myers Squibb Co's EV-to-EBITDA for today is 9.88.

The historical rank and industry rank for Bristol-Myers Squibb Co's EV-to-EBITDA or its related term are showing as below:

LIM:BMY' s EV-to-EBITDA Range Over the Past 10 Years
Min: 6.62   Med: 13.41   Max: 51.9
Current: 9.88

During the past 13 years, the highest EV-to-EBITDA of Bristol-Myers Squibb Co was 51.90. The lowest was 6.62. And the median was 13.41.

LIM:BMY's EV-to-EBITDA is ranked better than
62.82% of 737 companies
in the Drug Manufacturers industry
Industry Median: 13.28 vs LIM:BMY: 9.88

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-09), Bristol-Myers Squibb Co's stock price is $56.98. Bristol-Myers Squibb Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $4.540. Therefore, Bristol-Myers Squibb Co's PE Ratio (TTM) for today is 12.55.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Bristol-Myers Squibb Co  (LIM:BMY) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Bristol-Myers Squibb Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=56.98/4.540
=12.55

Bristol-Myers Squibb Co's share price for today is $56.98.
Bristol-Myers Squibb Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.540.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Bristol-Myers Squibb Co EV-to-EBITDA Related Terms


Bristol-Myers Squibb Co EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Bristol-Myers Squibb Co's EV-to-EBITDA 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.

Bristol-Myers Squibb Co EV-to-EBITDA Chart

Bristol-Myers Squibb Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.09 9.41 6.86 48.98 9.61

Bristol-Myers Squibb Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA 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 8.73 8.48 9.61 10.66 9.02

LIM:BMY vs PFE, GILD, AMGN: EV-to-EBITDA Comparison

For the Drug Manufacturers - General subindustry, Bristol-Myers Squibb Co's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Bristol-Myers Squibb Co EV-to-EBITDA vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Bristol-Myers Squibb Co's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Bristol-Myers Squibb Co's EV-to-EBITDA falls into.


LIM:BMY
62GF Score
Bristol-Myers Squibb Co LIM:BMY
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bristol-Myers Squibb Co EV-to-EBITDA Calculation

Bristol-Myers Squibb Co's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=166190.493/16816
=9.88

Bristol-Myers Squibb Co's current Enterprise Value is $166,190 Mil.
Bristol-Myers Squibb Co's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $16,816 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 9.88 mean?
Bristol-Myers Squibb Co (LIM:BMY) has a EV-to-EBITDA of 9.88 as of Aug. 09, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Bristol-Myers Squibb Co. This is 26% below median its historical median of 13.41. Over the past decade, Bristol-Myers Squibb Co's EV-to-EBITDA has ranged from 6.62 to 51.90. According to the industry distribution chart, Bristol-Myers Squibb Co ranks #274 out of 737 companies in the Drug Manufacturers industry, placing it in the top 37.2%.
Is Bristol-Myers Squibb Co's EV-to-EBITDA too high?
Bristol-Myers Squibb Co's current EV-to-EBITDA of 9.88 is 26% below median its 10-year median of 13.41. Over the past 10 years, this metric has ranged from a low of 6.62 to a high of 51.90. The Drug Manufacturers industry median EV-to-EBITDA is 13.28. Bristol-Myers Squibb Co's value of 9.88 is 25.6% below this industry median. Based on the distribution chart, Bristol-Myers Squibb Co ranks #274 out of 737 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Bristol-Myers Squibb Co has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bristol-Myers Squibb Co's EV-to-EBITDA compare to PFE and GILD?
According to the Drug Manufacturers industry distribution chart, Bristol-Myers Squibb Co ranks #274 out of 737 companies for EV-to-EBITDA. This puts Bristol-Myers Squibb Co in the upper half of its industry. The industry median EV-to-EBITDA is 13.28. Bristol-Myers Squibb Co's value of 9.88 is 25.6% below this benchmark. Historically, Bristol-Myers Squibb Co's own EV-to-EBITDA has ranged from 6.62 to 51.90 over the past decade. While the company's 10-year median is 13.41 vs. the industry median of 13.28, Bristol-Myers Squibb Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Drug Manufacturers company?
The median EV-to-EBITDA among Drug Manufacturers companies is 13.28, based on 737 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bristol-Myers Squibb Co's current EV-to-EBITDA of 9.88 is 25.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Bristol-Myers Squibb Co. For the Drug Manufacturers industry, the median EV-to-EBITDA is 13.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bristol-Myers Squibb Co's current EV-to-EBITDA is 9.88, which is 26% below median its own 10-year median of 13.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bristol-Myers Squibb Co stock overvalued right now?
Based on GuruFocus' analysis, Bristol-Myers Squibb Co (LIM:BMY) is currently considered Fairly Valued. The stock's GF Value™ is $55.92, compared to a current price of $56.98 — trading 1.9% above its estimated fair value. The current EV-to-EBITDA is 9.88, which is 26% below median its 10-year median of 13.41 and 25.6% below the Drug Manufacturers industry median of 13.28. Bristol-Myers Squibb Co's overall GF Score™ is 62/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Bristol-Myers Squibb Co (LIM:BMY), the current EV-to-EBITDA is 9.88 as of Aug. 09, 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 Bristol-Myers Squibb Co (LIM:BMY) Overvalued in 2026?

Based on GuruFocus' analysis, Bristol-Myers Squibb Co stock appears to be overvalued. The current stock price of $56.98 is trading 1.9% above its estimated GF Value™ of $55.92. GuruFocus considers Bristol-Myers Squibb Co to be Fairly Valued.

Key valuation signals for LIM:BMY:

  • EV-to-EBITDA: 9.88 (26% below median its 10-year median of 13.41)
  • GF Value™: $55.92 vs. price of $56.98 (1.9% above fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 25.6% below the Drug Manufacturers median (#274 of 737)

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


Bristol-Myers Squibb Co Business Description

Address Route 206 and Province Line Road, Princeton, New Jersey, NJ, USA, 08543
Bristol Myers Squibb discovers, develops, and markets drugs for various therapeutic areas, such as cardiovascular, cancer, and immune disorders. A key focus for Bristol is immuno-oncology, where the firm is a leader in drug development. Bristol derives close to 70% of total sales from the US, showing a higher dependence on the US market than most of its peer group.
62GF Score

Get the complete analysis for LIM:BMY

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$56.98
Price
$55.92
GF Value