BML (TSE:4694) E10: 円300.94 (As of Mar. 2026)


TSE:4694 BML Inc TSE:4694
69 GF Score
Price 円3,600.00
GF Value 円3,819.75
Valuation Fairly Valued
! 2 Warning Signs
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What is BML E10?

BML TSE:4694 -1.10% 69 E10 is 円300.94 as of Mar. 2026. GuruFocus rates TSE:4694 with a GF Score™ of 69/100 and a GF Value™ of 円3,819.75 (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 P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

BML's adjusted earnings per share data for the three months ended in Mar. 2026 was 円32.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円300.94 for the trailing ten years ended in Mar. 2026.

During the past 12 months, BML's average E10 Growth Rate was 3.50% per year. During the past 3 years, the average E10 Growth Rate was 5.00% per year. During the past 5 years, the average E10 Growth Rate was 14.00% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of BML was 30.00% per year. The lowest was 5.00% per year. And the median was 17.55% per year.

As of today (2026-07-01), BML's current stock price is 円3600.00. BML's E10 for the quarter that ended in Mar. 2026 was 円300.94. BML's Shiller PE Ratio of today is 11.96.

During the past 13 years, the highest Shiller PE Ratio of BML was 33.14. The lowest was 9.45. And the median was 21.76.


BML  (TSE:4694) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

BML's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3600.00/300.94
=11.96

* 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 Shiller P/E Ratio of BML was 33.14. The lowest was 9.45. And the median was 21.76.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


BML E10 Related Terms


BML E10 Historical Data

* Premium members only.

The historical data trend for BML's E10 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 E10 Chart

BML Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 222.29 259.96 269.34 290.64 300.94

BML Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 290.64 293.31 296.83 301.64 300.94

TSE:4694 vs TMO, DHR, IDXX: E10 Comparison

For the Diagnostics & Research subindustry, BML'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.


BML Shiller PE Ratio vs Medical Diagnostics & Research Industry

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

* The bar in red indicates where BML's Shiller PE Ratio falls into.


TSE:4694
69GF Score
BML Inc TSE:4694
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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BML E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

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

For example, BML's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=32.06/112.7000*112.7000
=32.060

Current CPI (Mar. 2026) = 112.7000.

BML Quarterly Data

per share eps CPI Adj_EPS
201606 45.790 98.100 52.605
201609 37.740 98.000 43.401
201612 33.850 98.400 38.769
201703 22.170 98.100 25.470
201706 43.910 98.500 50.240
201709 43.280 98.800 49.369
201712 33.080 99.400 37.506
201803 20.170 99.200 22.915
201806 48.780 99.200 55.418
201809 38.420 99.900 43.343
201812 44.970 99.700 50.834
201903 23.660 99.700 26.745
201906 50.040 99.800 56.508
201909 45.410 100.100 51.126
201912 40.780 100.500 45.730
202003 14.840 100.300 16.675
202006 2.740 99.900 3.091
202009 83.680 99.900 94.402
202012 126.250 99.300 143.287
202103 124.420 99.900 140.362
202106 244.270 99.500 276.676
202109 216.890 100.100 244.191
202112 130.680 100.100 147.129
202203 240.780 101.100 268.407
202206 119.120 101.800 131.874
202209 142.510 103.100 155.780
202212 76.680 104.100 83.015
202303 57.310 104.400 61.866
202306 46.080 105.200 49.365
202309 39.970 106.200 42.416
202312 47.560 106.800 50.187
202403 21.130 107.200 22.214
202406 0.000 108.200 0.000
202409 0.000 108.900 0.000
202412 47.000 110.700 47.849
202503 25.700 111.100 26.070
202506 47.730 111.700 48.157
202509 61.610 112.000 61.995
202512 62.050 113.000 61.885
202603 32.060 112.700 32.060

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of 円300.94 mean?
BML (TSE:4694) has a E10 of 円300.94 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on BML and its competitors.
Is BML's E10 too high?
BML's current E10 is 円300.94. 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 E10 compare to TMO and DHR?
BML's E10 of 円300.94 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 E10 for a Medical Diagnostics & Research company?
A good E10 depends on the Medical Diagnostics & Research industry context. However, E10 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 E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on BML and its competitors. BML's current E10 is 円300.94. 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3,819.75, compared to a current price of 円3,600.00 — trading 5.8% below its estimated fair value. The current E10 is 円300.94. 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 E10 calculated?
E10 is calculated from a company's financial statements. For BML (TSE:4694), the current E10 is 円300.94 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3,600.00 is trading 5.8% below its estimated GF Value™ of 円3,819.75. GuruFocus considers BML to be Fairly Valued.

Key valuation signals for TSE:4694:

  • E10: 円300.94
  • GF Value™: 円3,819.75 vs. price of 円3,600.00 (5.8% 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

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円3,600.00
Price
円3,819.75
GF Value