Depends. If it's an older Blu-Ray disc (like pre-2012), then yes.
If it's after that, you'll probably need to use a decrypting software (like MakeMKV) to rip the entire disc to your computer, and then you can use that ripped and decrypted copy in DVDAE to make whatever files from it you wish.
Yikes...OK. I just purchased a Pioneer Blu-ray drive (external) for my PC so I can make copies of all my blu-ray audio discs. Been wanting to have all of them in my library since I'm addicted to Foobar...