Brown-Forman (MEX:BFB) E10: MXN36.23 (As of Apr. 2026)


MEX:BFB Brown-Forman Corp MEX:BFB
65 GF Score
Price MXN455.44
GF Value MXN697.44
! 2 Warning Signs
View Full Analysis

What is Brown-Forman E10?

Brown-Forman MEX:BFB 65 E10 is MXN36.23 as of Apr. 2026. GuruFocus rates MEX:BFB with a GF Score™ of 65/100 and a GF Value™ of MXN697.44. The stock has 2 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.

Brown-Forman's adjusted earnings per share data for the three months ended in Apr. 2026 was MXN2.102. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN36.23 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Brown-Forman's average E10 Growth Rate was -2.40% per year. During the past 3 years, the average E10 Growth Rate was 2.00% per year. During the past 5 years, the average E10 Growth Rate was 4.90% per year. During the past 10 years, the average E10 Growth Rate was 6.90% 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 Brown-Forman was 10.80% per year. The lowest was 2.00% per year. And the median was 8.90% per year.

As of today (2026-07-04), Brown-Forman's current stock price is MXN455.44. Brown-Forman's E10 for the quarter that ended in Apr. 2026 was MXN36.23. Brown-Forman's Shiller PE Ratio of today is 12.57.

During the past 13 years, the highest Shiller PE Ratio of Brown-Forman was 51.69. The lowest was 10.70. And the median was 35.32.


Brown-Forman  (MEX:BFB) 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.

Brown-Forman's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=455.44/36.23
=12.57

* 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 Brown-Forman was 51.69. The lowest was 10.70. And the median was 35.32.


Be Aware

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


Brown-Forman E10 Related Terms


Brown-Forman E10 Historical Data

* Premium members only.

The historical data trend for Brown-Forman'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.

Brown-Forman E10 Chart

Brown-Forman Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 36.23

Brown-Forman Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.00 37.94 38.65 37.89 36.23

MEX:BFB vs MGPI, SNDL, AGCC: E10 Comparison

For the Beverages - Wineries & Distilleries subindustry, Brown-Forman'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.


Brown-Forman Shiller PE Ratio vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Brown-Forman's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Brown-Forman's Shiller PE Ratio falls into.


MEX:BFB
65GF Score
Brown-Forman Corp MEX:BFB
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Brown-Forman 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, Brown-Forman's adjusted earnings per share data for the three months ended in Apr. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=2.102/333.0200*333.0200
=2.102

Current CPI (Apr. 2026) = 333.0200.

Brown-Forman Quarterly Data

per share eps CPI Adj_EPS
201607 5.403 240.628 7.478
201610 7.516 241.729 10.354
201701 7.917 242.839 10.857
201704 5.604 244.524 7.632
201707 6.608 244.786 8.990
201710 9.373 246.663 12.654
201801 7.262 247.867 9.757
201804 4.317 250.546 5.738
201807 7.625 252.006 10.076
201810 10.533 252.885 13.871
201901 8.955 251.712 11.848
201904 6.268 255.548 8.168
201907 7.407 256.571 9.614
201910 11.313 257.346 14.640
202001 9.067 257.971 11.705
202004 6.474 256.389 8.409
202007 14.891 259.101 19.139
202010 10.638 260.388 13.605
202101 9.115 261.582 11.604
202104 5.042 267.054 6.287
202107 7.938 273.003 9.683
202110 10.070 276.589 12.125
202201 11.144 281.148 13.200
202204 6.311 289.109 7.270
202207 10.589 296.276 11.902
202210 9.329 298.012 10.425
202301 3.948 299.170 4.395
202304 7.735 303.363 8.491
202307 8.025 305.691 8.742
202310 9.027 307.671 9.771
202401 10.306 308.417 11.128
202404 9.556 313.548 10.149
202407 7.625 314.540 8.073
202410 11.017 315.664 11.623
202501 11.759 317.671 12.327
202504 6.073 320.795 6.304
202507 6.767 323.048 6.976
202510 8.717 0.000
202601 10.063 325.252 10.303
202604 2.102 333.020 2.102

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 MXN36.23 mean?
Brown-Forman (MEX:BFB) has a E10 of MXN36.23 as of Apr. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Brown-Forman and its competitors.
Is Brown-Forman's E10 too high?
Brown-Forman's current E10 is MXN36.23. Overall, Brown-Forman has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Brown-Forman's E10 compare to MGPI and SNDL?
Brown-Forman's E10 of MXN36.23 can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good E10 depends on the Beverages - Alcoholic 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 Brown-Forman and its competitors. Brown-Forman's current E10 is MXN36.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brown-Forman stock overvalued right now?
Brown-Forman (MEX:BFB) has a current E10 of MXN36.23. The stock's GF Value™ is MXN697.44, compared to a current price of MXN455.44 — trading 34.7% below its estimated fair value. The current E10 is MXN36.23. Brown-Forman's overall GF Score™ is 65/100 with 2 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 Brown-Forman (MEX:BFB), the current E10 is MXN36.23 as of Apr. 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 Brown-Forman (MEX:BFB) Overvalued in 2026?

Based on GuruFocus' analysis, Brown-Forman stock appears to be undervalued. The current stock price of MXN455.44 is trading 34.7% below its estimated GF Value™ of MXN697.44.

Key valuation signals for MEX:BFB:

  • E10: MXN36.23
  • GF Value™: MXN697.44 vs. price of MXN455.44 (34.7% below fair value)
  • GF Score™: 65/100 with 2 warning signs

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


Brown-Forman Business Description

Address 850 Dixie Highway, Louisville, KY, USA, 40210
Brown-Forman is a US-based manufacturer of premium distilled spirits. It generates over 70% of its revenue in the whiskey category, under well-known Tennessee whiskey brand Jack Daniel's and bourbon brands Woodford Reserve and Old Forester. It also manufactures and distributes tequila, vodka, rum, gin, and premium wines. The company generated 44% of fiscal 2025 sales from the US, while the bulk of international revenue comes from Europe, Australia, and Latin America. The Brown family controls over 50% of the economic interests and 67% of the voting power in the company.
65GF Score

Get the complete analysis for MEX:BFB

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

MXN455.44
Price
MXN697.44
GF Value