BDX (Becton Dickinson) PE Ratio without NRI: 11.26 (As of Jun. 26, 2026) — 47% Below Median


BDX Becton Dickinson & Co BDX
76 GF Score
Price $151.38
GF Value $190.96
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Becton Dickinson PE Ratio without NRI?

Becton Dickinson BDX +2.44% 76 PE Ratio without NRI is 11.26 as of Jun. 26, 2026, which is 47% below its 10-year median of 21.37. GuruFocus rates BDX with a GF Score™ of 76/100 and a GF Value™ of $190.96 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 448 Medical Devices & Instruments companies, Becton Dickinson ranks better than 87.72% on this metric.

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. As of today (2026-06-26), Becton Dickinson's share price is $151.38. Becton Dickinson's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was $13.44. Therefore, Becton Dickinson's PE Ratio without NRI for today is 11.26.

During the past 13 years, Becton Dickinson's highest PE Ratio without NRI was 84.95. The lowest was 9.33. And the median was 21.37.

Becton Dickinson's EPS without NRI for the three months ended in Mar. 2026 was $2.90. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was $13.44.

As of today (2026-06-26), Becton Dickinson's share price is $151.38. Becton Dickinson's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $3.95. Therefore, Becton Dickinson's PE Ratio (TTM) for today is 38.32.

Warning Sign:

Becton Dickinson & Co stock PE Ratio (=38.32) is close to 2-year high of 40.48.

During the past years, Becton Dickinson's highest PE Ratio (TTM) was 442.19. The lowest was 21.35. And the median was 36.90.

Becton Dickinson's EPS (Diluted) for the three months ended in Mar. 2026 was $-1.11. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $3.95.

Becton Dickinson's EPS (Basic) for the three months ended in Mar. 2026 was $-1.11. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was $3.95.


Becton Dickinson  (NYSE:BDX) PE Ratio without NRI Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio without NRI measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.


Becton Dickinson PE Ratio without NRI Related Terms


Becton Dickinson PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Becton Dickinson's PE Ratio without NRI 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 PE Ratio without NRI Chart

Becton Dickinson Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
PE Ratio without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.41 15.44 16.65 14.43 10.22

Becton Dickinson Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PE Ratio without NRI 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 12.78 9.49 10.22 10.99 11.70

BDX vs MDLN, RMD, WST: PE Ratio without NRI Comparison

For the Medical Instruments & Supplies subindustry, Becton Dickinson's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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 PE Ratio without NRI vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Becton Dickinson's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Becton Dickinson's PE Ratio without NRI falls into.


BDX
76GF Score
Becton Dickinson & Co BDX
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Becton Dickinson PE Ratio without NRI Calculation

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. Regular PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than regular PE Ratio.

Becton Dickinson's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=151.38/13.440
=11.26

Becton Dickinson's Share Price of today is $151.38.
Becton Dickinson's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $13.44.

* 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.

There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months.

For Forward PE Ratio, the earnings are the expected earnings for the next twelve months.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.

Frequently Asked Questions Learn more about PE Ratio without NRI →
What does a PE Ratio without NRI of 11.26 mean?
Becton Dickinson (BDX) has a PE Ratio without NRI of 11.26 as of Jun. 26, 2026. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on Becton Dickinson and its competitors. This is 47% below median its historical median of 21.37. Over the past decade, Becton Dickinson's PE Ratio without NRI has ranged from 9.33 to 84.95. According to the industry distribution chart, Becton Dickinson ranks #55 out of 448 companies in the Medical Devices & Instruments industry, placing it in the top 12.3%.
Is Becton Dickinson's PE Ratio without NRI too high?
Becton Dickinson's current PE Ratio without NRI of 11.26 is 47% below median its 10-year median of 21.37. Over the past 10 years, this metric has ranged from a low of 9.33 to a high of 84.95. The Medical Devices & Instruments industry median PE Ratio without NRI is 22.91. Becton Dickinson's value of 11.26 is 50.8% below this industry median. Based on the distribution chart, Becton Dickinson ranks #55 out of 448 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Becton Dickinson has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Becton Dickinson's PE Ratio without NRI compare to MDLN and RMD?
According to the Medical Devices & Instruments industry distribution chart, Becton Dickinson ranks #55 out of 448 companies for PE Ratio without NRI. This places Becton Dickinson in the top 12% of its industry — outperforming the majority of peers. The industry median PE Ratio without NRI is 22.91. Becton Dickinson's value of 11.26 is 50.8% below this benchmark. Historically, Becton Dickinson's own PE Ratio without NRI has ranged from 9.33 to 84.95 over the past decade. While the company's 10-year median is 21.37 vs. the industry median of 22.91, Becton Dickinson 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 PE Ratio without NRI for a Medical Devices & Instruments company?
The median PE Ratio without NRI among Medical Devices & Instruments companies is 22.91, based on 448 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio without NRI significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Becton Dickinson's current PE Ratio without NRI of 11.26 is 50.8% 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 PE Ratio without NRI mean?
A high PE Ratio without NRI can signal that a stock is expensive relative to its fundamentals. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on Becton Dickinson and its competitors. For the Medical Devices & Instruments industry, the median PE Ratio without NRI is 22.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Becton Dickinson's current PE Ratio without NRI is 11.26, which is 47% below median its own 10-year median of 21.37. 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 $190.96, compared to a current price of $151.38 — trading 20.7% below its estimated fair value. The current PE Ratio without NRI is 11.26, which is 47% below median its 10-year median of 21.37 and 50.8% below the Medical Devices & Instruments industry median of 22.91. Becton Dickinson's overall GF Score™ is 76/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio without NRI calculated?
PE Ratio without NRI is calculated from a company's financial statements. For Becton Dickinson (BDX), the current PE Ratio without NRI is 11.26 as of Jun. 26, 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 $151.38 is trading 20.7% below its estimated GF Value™ of $190.96. GuruFocus considers Becton Dickinson to be Modestly Undervalued.

Key valuation signals for BDX:

  • PE Ratio without NRI: 11.26 (47% below median its 10-year median of 21.37)
  • GF Value™: $190.96 vs. price of $151.38 (20.7% below fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 50.8% below the Medical Devices & Instruments median (#55 of 448)

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.
76GF Score

Get the complete analysis for BDX

PE Ratio without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$151.38
Price
$190.96
GF Value