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BML (BMLKF) E10 : $1.13 (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 $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.

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 (2024-05-22), BML's current stock price is $12.675. BML's E10 for the quarter that ended in Dec. 2023 was $1.13. BML's Shiller PE Ratio of today is 11.22.

During the past 13 years, the highest Shiller PE Ratio of BML was 33.14. The lowest was 10.15. And the median was 24.29.


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 0.52 0.47 0.91 1.07 -

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 1.07 1.15 1.20 1.13 -

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)
=0.33/106.8000*106.8000
=0.330

Current CPI (Dec. 2023) = 106.8000.

BML Quarterly Data

per share eps 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.


BML  (OTCPK:BMLKF) 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
=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.

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 24.29.


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 (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.