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BML (BMLKF) Shiller PE Ratio : 11.22 (As of May. 01, 2024)


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What is BML Shiller PE Ratio?

As of today (2024-05-01), BML's current share price is $12.675. BML's E10 for the quarter that ended in Dec. 2023 was $1.13. BML's Shiller PE Ratio for today is 11.22.

The historical rank and industry rank for BML's Shiller PE Ratio or its related term are showing as below:

BMLKF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.15   Med: 24.31   Max: 33.14
Current: 10.79

During the past years, BML's highest Shiller PE Ratio was 33.14. The lowest was 10.15. And the median was 24.31.

BMLKF's Shiller PE Ratio is ranked better than
83.12% of 77 companies
in the Medical Diagnostics & Research industry
Industry Median: 26.38 vs BMLKF: 10.79

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.

BML's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.330. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.13 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


BML Shiller PE Ratio Historical Data

The historical data trend for BML's Shiller PE Ratio 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 Shiller PE Ratio Chart

BML Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.87 24.59 26.82 13.90 11.87

BML Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio 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 13.16 11.87 11.03 10.54 11.19

Competitive Comparison of BML's Shiller PE Ratio

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 Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

The Shiller PE Ratio 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 PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=12.675/1.13
=11.22

* 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's E10 for the quarter that ended in Dec. 2023 is calculated as:

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)
=0.33/106.8000*106.8000
=0.330

Current CPI (Dec. 2023) = 106.8000.

BML Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.156 95.700 0.174
201406 0.351 98.000 0.383
201409 0.199 98.500 0.216
201412 0.246 97.900 0.268
201503 0.039 97.900 0.043
201506 0.265 98.400 0.288
201509 0.261 98.500 0.283
201512 0.296 98.100 0.322
201603 0.240 97.900 0.262
201606 0.435 98.100 0.474
201609 0.371 98.000 0.404
201612 0.292 98.400 0.317
201703 0.196 98.100 0.213
201706 0.396 98.500 0.429
201709 0.391 98.800 0.423
201712 0.293 99.400 0.315
201803 0.190 99.200 0.205
201806 0.443 99.200 0.477
201809 0.343 99.900 0.367
201812 0.401 99.700 0.430
201903 0.213 99.700 0.228
201906 0.463 99.800 0.495
201909 0.422 100.100 0.450
201912 0.374 100.500 0.397
202003 0.138 100.300 0.147
202006 0.025 99.900 0.027
202009 0.793 99.900 0.848
202012 1.216 99.300 1.308
202103 1.145 99.900 1.224
202106 2.218 99.500 2.381
202109 1.969 100.100 2.101
202112 1.148 100.100 1.225
202203 2.031 101.100 2.146
202206 0.889 101.800 0.933
202209 0.995 103.100 1.031
202212 0.568 104.100 0.583
202303 0.429 104.400 0.439
202306 0.326 105.200 0.331
202309 0.270 106.200 0.272
202312 0.330 106.800 0.330

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


BML  (OTCPK:BMLKF) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


BML Shiller PE Ratio Related Terms

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


BML (BMLKF) Business Description

Traded in Other Exchanges
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.