Becton Net Income Per Share vs Ptb Ratio Analysis

BDX Stock  USD 221.90  0.08  0.04%   
Becton Dickinson financial indicator trend analysis is way more than just evaluating Becton Dickinson prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Becton Dickinson is a good investment. Please check the relationship between Becton Dickinson Net Income Per Share and its Ptb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Becton Dickinson and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Net Income Per Share vs Ptb Ratio

Net Income Per Share vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Becton Dickinson Net Income Per Share account and Ptb Ratio. At this time, the significance of the direction appears to have weak relationship.
The correlation between Becton Dickinson's Net Income Per Share and Ptb Ratio is 0.31. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Becton Dickinson and, assuming nothing else is changed. The correlation between historical values of Becton Dickinson's Net Income Per Share and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income Per Share of Becton Dickinson and are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Net Income Per Share i.e., Becton Dickinson's Net Income Per Share and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Income Per Share

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Most indicators from Becton Dickinson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Becton Dickinson current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Becton Dickinson and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
At this time, Becton Dickinson's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 172.7 M in 2024, despite the fact that Discontinued Operations is likely to grow to (39.3 M).
 2021 2022 2023 2024 (projected)
Gross Profit8.5B8.2B9.2B9.6B
Total Revenue18.9B19.4B20.2B21.2B

Becton Dickinson fundamental ratios Correlations

0.950.850.940.980.940.930.760.040.990.32-0.010.950.390.960.920.630.860.980.790.550.70.960.920.540.74
0.950.750.870.870.860.890.730.220.910.350.170.90.250.990.830.430.760.990.650.670.690.920.790.540.64
0.850.750.860.890.830.770.7-0.050.840.48-0.080.890.370.730.890.60.960.790.870.460.620.750.90.340.86
0.940.870.860.930.920.930.83-0.150.940.27-0.180.950.280.850.970.670.880.910.880.430.840.890.930.510.79
0.980.870.890.930.940.890.74-0.040.980.3-0.090.930.460.890.940.720.890.920.850.480.660.910.960.480.79
0.940.860.830.920.940.840.910.020.910.360.00.970.180.860.970.620.790.90.860.580.620.830.890.70.74
0.930.890.770.930.890.840.68-0.240.960.29-0.290.890.360.90.860.570.810.930.690.280.830.980.830.460.64
0.760.730.70.830.740.910.680.10.710.280.10.89-0.190.70.90.490.620.750.790.630.60.630.720.80.64
0.040.22-0.05-0.15-0.040.02-0.240.1-0.130.11.0-0.02-0.230.18-0.08-0.31-0.120.11-0.110.81-0.32-0.12-0.090.19-0.02
0.990.910.840.940.980.910.960.71-0.130.29-0.180.920.450.930.910.670.860.960.780.40.730.980.920.480.72
0.320.350.480.270.30.360.290.280.10.290.10.440.020.330.34-0.260.460.330.320.290.030.270.310.110.42
-0.010.17-0.08-0.18-0.090.0-0.290.11.0-0.180.1-0.04-0.280.13-0.11-0.33-0.160.06-0.130.8-0.35-0.17-0.130.2-0.03
0.950.90.890.950.930.970.890.89-0.020.920.44-0.040.170.880.970.550.860.930.850.560.710.870.90.620.79
0.390.250.370.280.460.180.36-0.19-0.230.450.02-0.280.170.30.220.410.50.310.3-0.150.170.430.48-0.270.47
0.960.990.730.850.890.860.90.70.180.930.330.130.880.30.810.460.740.990.620.620.630.950.790.560.61
0.920.830.890.970.940.970.860.9-0.080.910.34-0.110.970.220.810.660.870.880.920.50.730.820.940.580.82
0.630.430.60.670.720.620.570.49-0.310.67-0.26-0.330.550.410.460.660.560.530.660.10.590.590.690.350.51
0.860.760.960.880.890.790.810.62-0.120.860.46-0.160.860.50.740.870.560.80.850.380.680.790.930.20.88
0.980.990.790.910.920.90.930.750.110.960.330.060.930.310.990.880.530.80.70.590.70.960.850.560.67
0.790.650.870.880.850.860.690.79-0.110.780.32-0.130.850.30.620.920.660.850.70.430.590.630.940.410.84
0.550.670.460.430.480.580.280.630.810.40.290.80.56-0.150.620.50.10.380.590.430.160.360.440.520.43
0.70.690.620.840.660.620.830.6-0.320.730.03-0.350.710.170.630.730.590.680.70.590.160.750.650.320.54
0.960.920.750.890.910.830.980.63-0.120.980.27-0.170.870.430.950.820.590.790.960.630.360.750.820.460.61
0.920.790.90.930.960.890.830.72-0.090.920.31-0.130.90.480.790.940.690.930.850.940.440.650.820.370.85
0.540.540.340.510.480.70.460.80.190.480.110.20.62-0.270.560.580.350.20.560.410.520.320.460.370.38
0.740.640.860.790.790.740.640.64-0.020.720.42-0.030.790.470.610.820.510.880.670.840.430.540.610.850.38
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Becton Dickinson Account Relationship Matchups

Becton Dickinson fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets54.0B53.9B52.9B52.8B57.3B60.2B
Short Long Term Debt Total17.9B17.6B16.1B15.9B20.1B21.1B
Other Current Liab3.6B4.2B3.8B3.7B6.8B7.1B
Total Current Liabilities5.8B6.6B7.8B6.6B8.9B9.4B
Total Stockholder Equity23.8B23.7B25.3B25.8B25.9B27.2B
Property Plant And Equipment Net5.9B6.4B6.0B7.1B6.8B7.2B
Net Debt15.1B15.3B15.1B14.5B18.3B19.2B
Retained Earnings12.8B13.8B15.2B15.5B17.9B18.8B
Cash2.8B2.3B1.0B1.4B1.9B1.2B
Non Current Assets Total45.0B45.0B44.8B44.1B46.8B49.2B
Non Currrent Assets Other1.7B2.0B(3.4B)1.6B2.6B2.7B
Cash And Short Term Investments2.8B2.3B1.0B1.4B2.3B1.4B
Net Receivables2.4B2.4B2.2B2.5B3.0B3.2B
Common Stock Shares Outstanding282.4M292.1M287.4M288.4M291.0M215.4M
Liabilities And Stockholders Equity54.0B53.9B52.9B52.8B57.3B60.2B
Non Current Liabilities Total24.4B23.6B19.8B20.3B22.4B23.5B
Inventory2.7B2.9B3.2B3.3B3.8B4.0B
Other Current Assets983M1.5B3.3B1.4B1.3B1.4B
Other Stockholder Equity13.1B11.6B11.2B11.4B25.9B27.2B
Total Liab30.2B30.2B27.6B27.0B31.4B32.9B
Property Plant And Equipment Gross5.9B12.9B12.4B13.6B15.6B16.4B
Total Current Assets9.0B8.8B8.1B8.7B10.5B11.0B
Accumulated Other Comprehensive Income(2.5B)(2.1B)(1.5B)(1.5B)(1.4B)(1.4B)
Short Term Debt706M500M2.2B1.1B2.2B2.3B
Intangible Assets13.8B12.8B12.3B10.9B12.6B13.2B
Accounts Payable1.4B1.7B1.7B1.6B1.9B2.0B
Short Term Investments30M20M12M8M445M229.6M
Other Liab6.9B6.5B5.9B5.2B6.0B6.3B
Long Term Debt17.2B17.1B13.9B14.7B16.9B17.8B
Good Will23.6B23.9B24.6B24.5B28.2B29.6B
Treasury Stock(6.2B)(6.1B)(7.7B)(8.3B)(7.5B)(7.9B)
Property Plant Equipment5.9B6.4B6.0B6.6B7.5B4.0B
Current Deferred Revenue(1.1B)(1.4B)(1.8B)(1.6B)(1.5B)(1.4B)
Net Tangible Assets(13.7B)(13.0B)(11.6B)(9.7B)(8.7B)(9.1B)
Long Term Debt Total17.2B17.1B13.9B14.7B16.9B13.8B

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