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BDX (Becton Dickinson) Shiller PE Ratio : 45.45 (As of Oct. 31, 2024)


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What is Becton Dickinson Shiller PE Ratio?

As of today (2024-10-31), Becton Dickinson's current share price is $233.59. Becton Dickinson's E10 for the quarter that ended in Jun. 2024 was $5.14. Becton Dickinson's Shiller PE Ratio for today is 45.45.

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

BDX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 23.54   Med: 45.71   Max: 56.21
Current: 45.45

During the past years, Becton Dickinson's highest Shiller PE Ratio was 56.21. The lowest was 23.54. And the median was 45.71.

BDX's Shiller PE Ratio is ranked worse than
71.69% of 272 companies
in the Medical Devices & Instruments industry
Industry Median: 28.04 vs BDX: 45.45

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.

Becton Dickinson's adjusted earnings per share data for the three months ended in Jun. 2024 was $1.680. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $5.14 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Becton Dickinson Shiller PE Ratio Historical Data

The historical data trend for Becton Dickinson's Shiller PE 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 Shiller PE Ratio Chart

Becton Dickinson Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.54 47.58 47.52 41.76 49.95

Becton Dickinson Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Shiller PE 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 51.22 49.95 48.05 47.96 45.46

Competitive Comparison of Becton Dickinson's Shiller PE Ratio

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

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

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



Becton Dickinson Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Becton Dickinson's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=233.59/5.14
=45.45

* 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 E10 for the quarter that ended in Jun. 2024 is calculated as:

For example, Becton Dickinson's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=1.68/132.5538*132.5538
=1.680

Current CPI (Jun. 2024) = 132.5538.

Becton Dickinson Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201409 1.530 100.428 2.019
201412 1.200 99.070 1.606
201503 1.080 99.621 1.437
201506 0.290 100.684 0.382
201509 0.840 100.392 1.109
201512 1.060 99.792 1.408
201603 1.560 100.470 2.058
201606 1.800 101.688 2.346
201609 0.090 101.861 0.117
201612 2.580 101.863 3.357
201703 1.580 102.862 2.036
201706 -0.750 103.349 -0.962
201709 1.240 104.136 1.578
201712 -0.760 104.011 -0.969
201803 -0.190 105.290 -0.239
201806 2.030 106.317 2.531
201809 -0.640 106.507 -0.797
201812 2.050 105.998 2.564
201903 -0.070 107.251 -0.087
201906 1.510 108.070 1.852
201909 0.410 108.329 0.502
201912 0.870 108.420 1.064
202003 0.530 108.902 0.645
202006 0.970 108.767 1.182
202009 0.360 109.815 0.435
202012 3.350 109.897 4.041
202103 0.940 111.754 1.115
202106 1.720 114.631 1.989
202109 0.840 115.734 0.962
202112 2.280 117.630 2.569
202203 1.500 121.301 1.639
202206 1.180 125.017 1.251
202209 0.920 125.227 0.974
202212 1.700 125.222 1.800
202303 1.530 127.348 1.593
202306 1.360 128.729 1.400
202309 0.370 129.860 0.378
202312 0.960 129.419 0.983
202403 1.850 131.776 1.861
202406 1.680 132.554 1.680

Add all the adjusted EPS together and divide 10 will get our E10.

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) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Becton Dickinson Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Becton Dickinson's Shiller PE 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
Thomas J Spoerel officer: VP Controller & Chief Acct Off BECTON, DICKINSON AND COMPANY, 1 BECTON DRIVE, FRANKLIN LAKES NJ 07417
Roland Goette officer: EVP and President, EMEA BECTON, DICKINSON AND COMPANY, 1 BECTON DRIVE, FRANKLIN LAKES NJ 07417
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
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
David Shan officer: EVP, Integrated Supply Chain 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
Rishi Grover officer: EVP and Chief ISC Officer BECTON, DICKINSON AND COMPANY, 1 BECTON DRIVE, FRANKLIN LAKES NJ 07417
Pavan Kumar Mocherla officer: EVP and President Greater Asia BECTON, DICKINSON AND COMPANY, 1 BECTON DRIVE, FRANKLIN LAKES NJ 07417
James C Lim officer: Executive Vice President BECTON, DICKINSON AND COMPANY, 1 BECTON DRIVE, FRANKLIN LAKES NJ 07417