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Becton Dickinson (FRA:BOX) Shiller PE Ratio : 47.00 (As of Apr. 29, 2024)


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What is Becton Dickinson Shiller PE Ratio?

As of today (2024-04-29), Becton Dickinson's current share price is €214.80. Becton Dickinson's E10 for the quarter that ended in Dec. 2023 was €4.57. Becton Dickinson's Shiller PE Ratio for today is 47.00.

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

FRA:BOX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 19.94   Med: 43.98   Max: 56.21
Current: 45.63

During the past years, Becton Dickinson's highest Shiller PE Ratio was 56.21. The lowest was 19.94. And the median was 43.98.

FRA:BOX's Shiller PE Ratio is ranked worse than
72.83% of 276 companies
in the Medical Devices & Instruments industry
Industry Median: 26.93 vs FRA:BOX: 45.63

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 Dec. 2023 was €0.880. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €4.57 for the trailing ten years ended in Dec. 2023.

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
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 49.85 47.96 51.22 49.95 48.05

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
=214.80/4.57
=47.00

* 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 Dec. 2023 is calculated as:

For example, Becton Dickinson's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.88/129.4194*129.4194
=0.880

Current CPI (Dec. 2023) = 129.4194.

Becton Dickinson Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.048 99.695 1.360
201406 1.214 100.560 1.562
201409 1.187 100.428 1.530
201412 0.973 99.070 1.271
201503 0.998 99.621 1.297
201506 0.258 100.684 0.332
201509 0.748 100.392 0.964
201512 0.973 99.792 1.262
201603 1.401 100.470 1.805
201606 1.602 101.688 2.039
201609 0.080 101.861 0.102
201612 2.446 101.863 3.108
201703 1.477 102.862 1.858
201706 -0.668 103.349 -0.837
201709 1.040 104.136 1.293
201712 -0.642 104.011 -0.799
201803 -0.154 105.290 -0.189
201806 1.738 106.317 2.116
201809 -0.548 106.507 -0.666
201812 1.802 105.998 2.200
201903 -0.062 107.251 -0.075
201906 1.336 108.070 1.600
201909 0.372 108.329 0.444
201912 0.783 108.420 0.935
202003 0.480 108.902 0.570
202006 0.861 108.767 1.024
202009 0.306 109.815 0.361
202012 2.754 109.897 3.243
202103 0.790 111.754 0.915
202106 1.428 114.631 1.612
202109 0.714 115.734 0.798
202112 2.018 117.630 2.220
202203 1.362 121.301 1.453
202206 1.116 125.017 1.155
202209 0.929 125.227 0.960
202212 1.605 125.222 1.659
202303 1.429 127.348 1.452
202306 1.255 128.729 1.262
202309 0.347 129.860 0.346
202312 0.880 129.419 0.880

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  (FRA:BOX) 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

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Becton Dickinson (FRA:BOX) 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 pre-filled 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 (26% of estimated 2023 revenue) and BD Interventional (25%) account for the remainder. International revenue accounts for 43% of the company's business.