International Paper Co (LSE:IPC) E10: £1.98 (As of Mar. 2026)


LSE:IPC International Paper Co LSE:IPC
65 GF Score
Price £28.80
GF Value £32.56
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is International Paper Co E10?

International Paper Co LSE:IPC +4.16% 65 E10 is £1.98 as of Mar. 2026. GuruFocus rates LSE:IPC with a GF Score™ of 65/100 and a GF Value™ of £32.56 (Modestly Undervalued). The stock has 3 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.

International Paper Co's adjusted earnings per share data for the three months ended in Mar. 2026 was £0.083. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is £1.98 for the trailing ten years ended in Mar. 2026.

During the past 12 months, International Paper Co's average E10 Growth Rate was -24.30% per year. During the past 3 years, the average E10 Growth Rate was -10.00% per year. During the past 5 years, the average E10 Growth Rate was -1.00% per year. During the past 10 years, the average E10 Growth Rate was 7.10% 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 International Paper Co was 136.00% per year. The lowest was -52.40% per year. And the median was 3.80% per year.

As of today (2026-06-25), International Paper Co's current stock price is £28.80. International Paper Co's E10 for the quarter that ended in Mar. 2026 was £1.98. International Paper Co's Shiller PE Ratio of today is 14.55.

During the past 13 years, the highest Shiller PE Ratio of International Paper Co was 33.37. The lowest was 8.17. And the median was 14.30.


International Paper Co  (LSE:IPC) 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.

International Paper Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=28.80/1.98
=14.55

* 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 International Paper Co was 33.37. The lowest was 8.17. And the median was 14.30.


Be Aware

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


International Paper Co E10 Related Terms


International Paper Co E10 Historical Data

* Premium members only.

The historical data trend for International Paper Co'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.

International Paper Co E10 Chart

International Paper Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.30 3.74 3.48 3.57 1.94

International Paper Co 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 2.71 2.52 2.36 1.94 1.98

LSE:IPC vs AMCR, PKG, BALL: E10 Comparison

For the Packaging & Containers subindustry, International Paper Co'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.


International Paper Co Shiller PE Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, International Paper Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where International Paper Co's Shiller PE Ratio falls into.


LSE:IPC
65GF Score
International Paper Co LSE:IPC
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

International Paper Co 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, International Paper Co'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)
=0.083/330.2130*330.2130
=0.083

Current CPI (Mar. 2026) = 330.2130.

International Paper Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.070 241.018 0.096
201609 0.571 241.428 0.781
201612 0.425 241.432 0.581
201703 0.405 243.801 0.549
201706 0.148 244.955 0.200
201709 0.713 246.819 0.954
201712 2.611 246.524 3.497
201803 1.246 249.554 1.649
201806 0.729 251.989 0.955
201809 1.048 252.439 1.371
201812 0.616 251.233 0.810
201903 0.797 254.202 1.035
201906 0.576 256.143 0.743
201909 0.703 256.759 0.904
201912 0.320 256.974 0.411
202003 -0.291 258.115 -0.372
202006 0.535 257.797 0.685
202009 0.401 260.280 0.509
202012 0.290 260.474 0.368
202103 0.634 264.877 0.790
202106 0.777 271.696 0.944
202109 1.602 274.310 1.928
202112 0.211 278.802 0.250
202203 0.721 287.504 0.828
202206 1.121 296.311 1.249
202209 2.331 296.808 2.593
202212 -0.739 296.797 -0.822
202303 0.404 301.836 0.442
202306 0.539 305.109 0.583
202309 0.380 307.789 0.408
202312 -0.648 306.746 -0.698
202403 0.126 312.332 0.133
202406 1.108 314.175 1.165
202409 0.318 315.301 0.333
202412 -0.332 315.605 -0.347
202503 -0.186 319.799 -0.192
202506 0.103 322.561 0.105
202509 -1.547 324.800 -1.573
202512 -3.376 324.054 -3.440
202603 0.083 330.213 0.083

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 £1.98 mean?
International Paper Co (LSE:IPC) has a E10 of £1.98 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on International Paper Co and its competitors.
Is International Paper Co's E10 too high?
International Paper Co's current E10 is £1.98. Overall, International Paper Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does International Paper Co's E10 compare to AMCR and PKG?
International Paper Co's E10 of £1.98 can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good E10 depends on the Packaging & Containers 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 International Paper Co and its competitors. International Paper Co's current E10 is £1.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Paper Co stock overvalued right now?
Based on GuruFocus' analysis, International Paper Co (LSE:IPC) is currently considered Modestly Undervalued. The stock's GF Value™ is £32.56, compared to a current price of £28.80 — trading 11.5% below its estimated fair value. The current E10 is £1.98. International Paper Co's overall GF Score™ is 65/100 with 3 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 International Paper Co (LSE:IPC), the current E10 is £1.98 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 International Paper Co (LSE:IPC) Overvalued in 2026?

Based on GuruFocus' analysis, International Paper Co stock appears to be undervalued. The current stock price of £28.80 is trading 11.5% below its estimated GF Value™ of £32.56. GuruFocus considers International Paper Co to be Modestly Undervalued.

Key valuation signals for LSE:IPC:

  • E10: £1.98
  • GF Value™: £32.56 vs. price of £28.80 (11.5% below fair value)
  • GF Score™: 65/100 with 3 warning signs

No single metric tells the full story. See the LSE:IPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


International Paper Co Business Description

Address 6400 Poplar Avenue, Memphis, TN, USA, 38197
International Paper manufactures packaging products. It accounts for roughly one-third of the North American corrugated packaging market. The company also has a substantial presence in Europe following its acquisition of DS Smith. International Paper serves a variety of end markets, including industrial, consumer products, and manufacturing.
65GF Score

Get the complete analysis for LSE:IPC

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

£28.80
Price
£32.56
GF Value