BML (TSE:4694) Cyclically Adjusted Revenue per Share: 円3,718.03 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:4694 BML Inc TSE:4694
69 GF Score
Price 円3,535.00
GF Value 円3,831.12
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is BML Cyclically Adjusted Revenue per Share?

BML TSE:4694 -1.39% 69 Cyclically Adjusted Revenue per Share is 円3,718.03 as of Mar. 2026. GuruFocus rates TSE:4694 with a GF Score™ of 69/100 and a GF Value™ of 円3,831.12 (Fairly Valued). The stock has 2 warning signs investors should review.

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.

BML's adjusted revenue per share for the three months ended in Mar. 2026 was 円939.711. 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 円3,718.03 for the trailing ten years ended in Mar. 2026.

During the past 12 months, BML's average Cyclically Adjusted Revenue Growth Rate was 4.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.90% 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 BML was 8.10% per year. The lowest was 4.40% per year. And the median was 6.65% per year.

As of today (2026-08-04), BML's current stock price is 円3535.00. BML's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円3,718.03. BML's Cyclically Adjusted PS Ratio of today is 0.95.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of BML was 1.80. The lowest was 0.77. And the median was 1.13.


BML  (TSE:4694) 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.

BML's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3535.00/3718.03
=0.95

* 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 BML was 1.80. The lowest was 0.77. And the median was 1.13.


Be Aware

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


BML Cyclically Adjusted Revenue per Share Related Terms


BML Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for BML'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.

BML Cyclically Adjusted Revenue per Share Chart

BML Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,917.53 3,175.89 3,356.28 3,563.42 3,718.03

BML Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3,563.42 3,608.12 3,644.25 3,704.11 3,718.03

TSE:4694 vs TMO, DHR, IDXX: Cyclically Adjusted Revenue per Share Comparison

For the Diagnostics & Research subindustry, BML'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.


BML Cyclically Adjusted PS Ratio vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, BML's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:4694
69GF Score
BML Inc TSE:4694
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BML 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, BML's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=939.711/112.7000*112.7000
=939.711

Current CPI (Mar. 2026) = 112.7000.

BML Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 668.161 98.100 767.602
201609 658.347 98.000 757.099
201612 663.296 98.400 759.690
201703 620.144 98.100 712.439
201706 680.904 98.500 779.065
201709 677.543 98.800 772.865
201712 674.842 99.400 765.138
201803 628.735 99.200 714.299
201806 701.266 99.200 796.700
201809 677.364 99.900 764.153
201812 710.839 99.700 803.526
201903 656.881 99.700 742.532
201906 723.257 99.800 816.744
201909 728.262 100.100 819.931
201912 725.005 100.500 813.016
202003 683.110 100.300 767.562
202006 642.715 99.900 725.065
202009 828.477 99.900 934.628
202012 945.056 99.300 1,072.586
202103 990.290 99.900 1,117.174
202106 1,157.620 99.500 1,311.194
202109 1,194.769 100.100 1,345.160
202112 1,010.995 100.100 1,138.253
202203 1,228.795 101.100 1,369.784
202206 1,021.115 101.800 1,130.449
202209 1,098.955 103.100 1,201.283
202212 1,022.939 104.100 1,107.447
202303 906.255 104.400 978.304
202306 904.967 105.200 969.485
202309 893.211 106.200 947.880
202312 900.062 106.800 949.785
202403 839.804 107.200 882.891
202406 0.000 108.200 0.000
202409 0.000 108.900 0.000
202412 953.853 110.700 971.086
202503 887.260 111.100 900.038
202506 974.751 111.700 983.478
202509 974.499 112.000 980.590
202512 1,015.395 113.000 1,012.699
202603 939.711 112.700 939.711

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

What does a Cyclically Adjusted Revenue per Share of 円3,718.03 mean?
BML (TSE:4694) has a Cyclically Adjusted Revenue per Share of 円3,718.03 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on BML and its competitors.
Is BML's Cyclically Adjusted Revenue per Share too high?
BML's current Cyclically Adjusted Revenue per Share is 円3,718.03. Overall, BML has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BML's Cyclically Adjusted Revenue per Share compare to TMO and DHR?
BML's Cyclically Adjusted Revenue per Share of 円3,718.03 can be compared against companies in the Medical Diagnostics & Research industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Medical Diagnostics & Research company?
A good Cyclically Adjusted Revenue per Share depends on the Medical Diagnostics & Research industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on BML and its competitors. BML's current Cyclically Adjusted Revenue per Share is 円3,718.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BML stock overvalued right now?
Based on GuruFocus' analysis, BML (TSE:4694) is currently considered Fairly Valued. The stock's GF Value™ is 円3,831.12, compared to a current price of 円3,535.00 — trading 7.7% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円3,718.03. BML's overall GF Score™ is 69/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For BML (TSE:4694), the current Cyclically Adjusted Revenue per Share is 円3,718.03 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is BML (TSE:4694) Overvalued in 2026?

Based on GuruFocus' analysis, BML stock appears to be undervalued. The current stock price of 円3,535.00 is trading 7.7% below its estimated GF Value™ of 円3,831.12. GuruFocus considers BML to be Fairly Valued.

Key valuation signals for TSE:4694:

  • Cyclically Adjusted Revenue per Share: 円3,718.03
  • GF Value™: 円3,831.12 vs. price of 円3,535.00 (7.7% below fair value)
  • GF Score™: 69/100 with 2 warning signs

No single metric tells the full story. See the TSE:4694 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BML Business Description

Address 5-21-3 Sendagaya, Shibuya-ku, Tokyo, JPN, 1510051
BML Inc provides laboratory testing services in Japan through a network of regional facilities. Its core clinical testing business provides a range of general and specialty laboratory tests, as well as microbiological tests that can be used for applications like food sanitation and environmental analysis. BML often uses automated systems to process and analyze these test samples. In addition to its clinical testing business, BML also has a medical information systems business and a genome-related business. The medical information systems business provides electronic medical charts and information systems that can be used in conjunction with its laboratory tests. The genome business provides gene analysis services.
69GF Score

Get the complete analysis for TSE:4694

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円3,535.00
Price
円3,831.12
GF Value