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Becton Dickinson (FRA:BOX) Cyclically Adjusted Revenue per Share : €64.59 (As of Mar. 2024)


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What is Becton Dickinson Cyclically Adjusted Revenue per Share?

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Becton Dickinson's adjusted revenue per share for the three months ended in Mar. 2024 was €15.986. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €64.59 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Becton Dickinson's average Cyclically Adjusted Revenue Growth Rate was 3.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 8.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Becton Dickinson was 9.30% per year. The lowest was 6.80% per year. And the median was 8.20% per year.

As of today (2024-05-16), Becton Dickinson's current stock price is €216.20. Becton Dickinson's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €64.59. Becton Dickinson's Cyclically Adjusted PS Ratio of today is 3.35.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Becton Dickinson was 5.57. The lowest was 3.11. And the median was 4.19.


Becton Dickinson Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Becton Dickinson's Cyclically Adjusted Revenue per Share 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 Cyclically Adjusted Revenue per Share Chart

Becton Dickinson Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.01 45.26 52.34 69.82 67.65

Becton Dickinson Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share 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 61.20 62.49 67.65 62.91 64.59

Competitive Comparison of Becton Dickinson's Cyclically Adjusted Revenue per Share

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

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

* The bar in red indicates where Becton Dickinson's Cyclically Adjusted PS Ratio falls into.



Becton Dickinson Cyclically Adjusted Revenue per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

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.

For example, Becton Dickinson's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=15.986/129.4194*129.4194
=15.986

Current CPI (Mar. 2024) = 129.4194.

Becton Dickinson Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.058 100.560 10.371
201409 8.656 100.428 11.155
201412 8.443 99.070 11.029
201503 9.479 99.621 12.314
201506 12.934 100.684 16.625
201509 12.545 100.392 16.172
201512 12.673 99.792 16.435
201603 12.719 100.470 16.384
201606 13.094 101.688 16.665
201609 13.163 101.861 16.724
201612 12.722 101.863 16.164
201703 12.742 102.862 16.032
201706 12.233 103.349 15.319
201709 11.394 104.136 14.160
201712 11.314 104.011 14.078
201803 12.808 105.290 15.743
201806 13.369 106.317 16.274
201809 13.673 106.507 16.614
201812 13.333 105.998 16.279
201903 13.756 107.251 16.599
201906 14.033 108.070 16.805
201909 15.104 108.329 18.045
201912 13.830 108.420 16.509
202003 13.994 108.902 16.631
202006 12.005 108.767 14.284
202009 10.806 109.815 12.735
202012 14.905 109.897 17.553
202103 14.042 111.754 16.262
202106 13.100 114.631 14.790
202109 14.258 115.734 15.944
202112 14.563 117.630 16.023
202203 15.012 121.301 16.017
202206 15.282 125.017 15.820
202209 16.745 125.227 17.306
202212 15.172 125.222 15.681
202303 15.764 127.348 16.020
202306 15.636 128.729 15.720
202309 16.187 129.860 16.132
202312 14.809 129.419 14.809
202403 15.986 129.419 15.986

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Becton Dickinson  (FRA:BOX) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Becton Dickinson's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=216.20/64.59
=3.35

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Becton Dickinson was 5.57. The lowest was 3.11. And the median was 4.19.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Becton Dickinson Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Becton Dickinson's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


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.