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Becton Dickinson (FRA:BOX) PB Ratio : 2.70 (As of Dec. 13, 2024)


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What is Becton Dickinson PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-12-13), Becton Dickinson's share price is €217.60. Becton Dickinson's Book Value per Share for the quarter that ended in Sep. 2024 was €80.69. Hence, Becton Dickinson's PB Ratio of today is 2.70.

Good Sign:

Becton Dickinson & Co stock PB Ratio (=2.54) is close to 10-year low of 2.46

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

FRA:BOX' s PB Ratio Range Over the Past 10 Years
Min: 2.46   Med: 3.01   Max: 5.44
Current: 2.54

During the past 13 years, Becton Dickinson's highest PB Ratio was 5.44. The lowest was 2.46. And the median was 3.01.

FRA:BOX's PB Ratio is ranked worse than
53.94% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 2.335 vs FRA:BOX: 2.54

During the past 12 months, Becton Dickinson's average Book Value Per Share Growth Rate was 0.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 13.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Becton Dickinson was 32.00% per year. The lowest was -1.10% per year. And the median was 11.30% per year.

Back to Basics: PB Ratio


Becton Dickinson PB Ratio Historical Data

The historical data trend for Becton Dickinson's PB 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 PB Ratio Chart

Becton Dickinson Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.76 3.01 2.62 3.02 2.65

Becton Dickinson Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
PB 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 3.02 2.74 2.79 2.58 2.65

Competitive Comparison of Becton Dickinson's PB Ratio

For the Medical Instruments & Supplies subindustry, Becton Dickinson's PB Ratio, along with its competitors' market caps and PB 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 PB Ratio Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Becton Dickinson's PB Ratio falls into.



Becton Dickinson PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Becton Dickinson's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=217.60/80.685
=2.70

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Becton Dickinson  (FRA:BOX) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Becton Dickinson PB Ratio Related Terms

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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.