Ball (MEX:BLL) E10: MXN61.92 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:BLL Ball Corp MEX:BLL
65 GF Score
Price MXN1,058.60
GF Value MXN1,334.81
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Ball E10?

Ball MEX:BLL 65 E10 is MXN61.92 as of Jun. 2026. GuruFocus rates MEX:BLL with a GF Score™ of 65/100 and a GF Value™ of MXN1,334.81 (Modestly Undervalued). The stock has 4 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.

Ball's adjusted earnings per share data for the three months ended in Jun. 2026 was MXN14.483. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN61.92 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Ball's average E10 Growth Rate was 10.90% per year. During the past 3 years, the average E10 Growth Rate was 22.50% per year. During the past 5 years, the average E10 Growth Rate was 19.10% per year. During the past 10 years, the average E10 Growth Rate was 10.40% 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 Ball was 146.60% per year. The lowest was 0.00% per year. And the median was 14.10% per year.

As of today (2026-09-04), Ball's current stock price is MXN1058.60. Ball's E10 for the quarter that ended in Jun. 2026 was MXN61.92. Ball's Shiller PE Ratio of today is 17.10.

During the past 13 years, the highest Shiller PE Ratio of Ball was 70.62. The lowest was 14.46. And the median was 32.45.


Ball  (MEX:BLL) 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.

Ball's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1058.60/61.92
=17.10

* 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 Ball was 70.62. The lowest was 14.46. And the median was 32.45.


Be Aware

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


Ball E10 Related Terms


Ball E10 Historical Data

* Premium members only.

The historical data trend for Ball'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.

Ball E10 Chart

Ball 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 30.02 34.72 29.69 61.71 57.43

Ball Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 54.65 63.13 57.43 65.74 61.92

MEX:BLL vs AVY, IP, CCK: E10 Comparison

For the Packaging & Containers subindustry, Ball'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.


Ball Shiller PE Ratio vs Packaging & Containers Industry

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

* The bar in red indicates where Ball's Shiller PE Ratio falls into.


MEX:BLL
65GF Score
Ball Corp MEX:BLL
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ball 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, Ball's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=14.483/333.9520*333.9520
=14.483

Current CPI (Jun. 2026) = 333.9520.

Ball Quarterly Data

per share eps CPI Adj_EPS
201609 1.740 241.428 2.407
201612 0.825 241.432 1.141
201703 3.578 243.801 4.901
201706 5.061 244.955 6.900
201709 2.359 246.819 3.192
201712 10.213 246.524 13.835
201803 6.359 249.554 8.510
201806 6.681 251.989 8.854
201809 3.180 252.439 4.207
201812 8.639 251.233 11.483
201903 6.595 254.202 8.664
201906 11.141 256.143 14.525
201909 5.330 256.759 6.932
201912 9.053 256.974 11.765
202003 1.641 258.115 2.123
202006 6.463 257.797 8.372
202009 15.906 260.280 20.408
202012 13.527 260.474 17.343
202103 12.265 264.877 15.463
202106 12.143 271.696 14.925
202109 11.103 274.310 13.517
202112 18.463 278.802 22.115
202203 27.278 287.504 31.685
202206 -11.065 296.311 -12.471
202209 24.943 296.808 28.064
202212 3.314 296.797 3.729
202303 10.094 301.836 11.168
202306 9.429 305.109 10.320
202309 11.148 307.789 12.096
202312 8.317 306.746 9.055
202403 192.683 312.332 206.021
202406 9.343 314.175 9.931
202409 12.799 315.301 13.556
202412 -2.294 315.605 -2.427
202503 12.889 319.799 13.459
202506 14.310 322.561 14.815
202509 21.646 324.800 22.256
202512 13.504 324.054 13.916
202603 13.885 330.213 14.042
202606 14.483 333.952 14.483

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 MXN61.92 mean?
Ball (MEX:BLL) has a E10 of MXN61.92 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ball and its competitors.
Is Ball's E10 too high?
Ball's current E10 is MXN61.92. Overall, Ball has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ball's E10 compare to AVY and IP?
Ball's E10 of MXN61.92 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 Ball and its competitors. Ball's current E10 is MXN61.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ball stock overvalued right now?
Based on GuruFocus' analysis, Ball (MEX:BLL) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN1,334.81, compared to a current price of MXN1,058.60 — trading 20.7% below its estimated fair value. The current E10 is MXN61.92. Ball's overall GF Score™ is 65/100 with 4 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 Ball (MEX:BLL), the current E10 is MXN61.92 as of Jun. 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 Ball (MEX:BLL) Overvalued in 2026?

Based on GuruFocus' analysis, Ball stock appears to be undervalued. The current stock price of MXN1,058.60 is trading 20.7% below its estimated GF Value™ of MXN1,334.81. GuruFocus considers Ball to be Modestly Undervalued.

Key valuation signals for MEX:BLL:

  • E10: MXN61.92
  • GF Value™: MXN1,334.81 vs. price of MXN1,058.60 (20.7% below fair value)
  • GF Score™: 65/100 with 4 warning signs

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


Ball Business Description

Address 9200 West 108th Circle, Westminster, CO, USA, 80021
Ball is the world's largest metal can manufacturer with market share over 30% in its three main regions (North America, Europe, and South America). The company is focused on increasing capacity amid a wave of new developed-market demand, while also investing in faster-growing emerging-market economies. Ball spun-off its glass jar business in 1993 and is now owned by Newell. The company reports three segments—beverage packaging, North and Central America (48% of 2025 revenue), beverage packaging, EMEA (30%), beverage packaging, South America (16%)—and it generated $13 billion in revenue in 2025.
65GF Score

Get the complete analysis for MEX:BLL

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

MXN1,058.60
Price
MXN1,334.81
GF Value