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BRISTOL MYERS SQUIBB CO (BMY)

Pharmaceutical Preparations

Latest Price
$65.31
TTM P/E
18.29
Normalized P/E
34.74
Div Yield
3.83%
Book Value
9.85
P/B Ratio
6.63

Valuation metrics

adjust assumptions →
EPS: $3.46
Book value / share: $9.06
Formula: √(22.5 × EPS × BVPS)
Graham Number
$26.56
59% downside
Norm. op. income: $8.9B (median of 7yr)
Tax rate: 18%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$18.07
72% downside
Base FCF: $12.8B (median of recent 5yr)
Growth: 8%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$116.60
+79% upside
EPS: $3.46
Target P/E: 35×
Formula: EPS × P/E
P/E Fair Value
$121.10
+85% upside

Institutional Ownership

72.4% held by institutions
InstitutionSharesValueOwnership %ChangeFiling Date
BlackRock, Inc.171.68M$10.41B8.42%-5.14M2026-03-31
VANGUARD CAPITAL MANAGEMENT LLC132.32M$8.03B6.49%--2026-03-31
STATE STREET CORP98.56M$5.98B4.84%+584.5K2026-03-31
CHARLES SCHWAB INVESTMENT MANAGEMENT INC61.12M$3.71B3.00%-10.21M2026-03-31
GEODE CAPITAL MANAGEMENT, LLC55.29M$3.34B2.71%+2.65M2026-03-31
VANGUARD PORTFOLIO MANAGEMENT LLC46.23M$2.80B2.27%--2026-03-31
BANK OF AMERICA CORP /DE/32.59M$1.98B1.60%+17.53M2026-03-31
AQR CAPITAL MANAGEMENT LLC29.63M$1.80B1.45%+3.83M2026-03-31
MORGAN STANLEY29.20M$1.77B1.43%+849.9K2026-03-31
AMERIPRISE FINANCIAL INC26.47M$1.60B1.30%-1.59M2026-03-31
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