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BML (TSE:4694) E10 : 円268.01 (As of Dec. 2023)


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What is BML E10?

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 Dec. 2023 was 円47.560. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円268.01 for the trailing ten years ended in Dec. 2023.

During the past 12 months, BML's average E10 Growth Rate was -100.00% 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 8.50% per year. And the median was 26.00% per year.

As of today (2024-06-18), BML's current stock price is 円2835.00. BML's E10 for the quarter that ended in Dec. 2023 was 円268.01. BML's Shiller PE Ratio of today is 10.58.

During the past 13 years, the highest Shiller PE Ratio of BML was 33.14. The lowest was 10.15. And the median was 24.27.


BML E10 Historical Data

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.

* Premium members only.

BML E10 Chart

BML Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 118.20 142.59 222.29 259.96 -

BML Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 259.96 262.43 265.37 268.01 -

Competitive Comparison of BML's E10

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's Shiller PE Ratio Distribution in the 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.



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 Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=47.56/106.8000*106.8000
=47.560

Current CPI (Dec. 2023) = 106.8000.

BML Quarterly Data

per share eps CPI Adj_EPS
201403 15.980 95.700 17.833
201406 35.780 98.000 38.993
201409 21.350 98.500 23.149
201412 29.310 97.900 31.975
201503 4.650 97.900 5.073
201506 32.815 98.400 35.616
201509 31.365 98.500 34.008
201512 36.040 98.100 39.236
201603 27.050 97.900 29.509
201606 45.790 98.100 49.851
201609 37.740 98.000 41.129
201612 33.850 98.400 36.740
201703 22.170 98.100 24.136
201706 43.910 98.500 47.610
201709 43.280 98.800 46.784
201712 33.080 99.400 35.543
201803 20.170 99.200 21.715
201806 48.780 99.200 52.517
201809 38.420 99.900 41.074
201812 44.970 99.700 48.172
201903 23.660 99.700 25.345
201906 50.040 99.800 53.550
201909 45.410 100.100 48.449
201912 40.780 100.500 43.336
202003 14.840 100.300 15.802
202006 2.740 99.900 2.929
202009 83.680 99.900 89.460
202012 126.250 99.300 135.785
202103 124.420 99.900 133.014
202106 244.270 99.500 262.191
202109 216.890 100.100 231.407
202112 130.680 100.100 139.427
202203 240.780 101.100 254.355
202206 119.120 101.800 124.971
202209 142.510 103.100 147.624
202212 76.680 104.100 78.669
202303 57.310 104.400 58.627
202306 46.080 105.200 46.781
202309 39.970 106.200 40.196
202312 47.560 106.800 47.560

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


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
=2835.00/268.01
=10.58

* 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 10.15. And the median was 24.27.


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

Thank you for viewing the detailed overview of BML's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


BML (TSE:4694) Business Description

Traded in Other Exchanges
N/A
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.

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