CCL Industries (MEX:CCLBN) E10: MXN45.35 (As of Mar. 2026)


MEX:CCLBN CCL Industries Inc MEX:CCLBN
77 GF Score
Price MXN1,052.84
GF Value MXN1,018.30
Valuation Fairly Valued
! 1 Warning Sign
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What is CCL Industries E10?

CCL Industries MEX:CCLBN 77 E10 is MXN45.35 as of Mar. 2026. GuruFocus rates MEX:CCLBN with a GF Score™ of 77/100 and a GF Value™ of MXN1,018.30 (Fairly Valued). The stock has 1 warning sign 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.

CCL Industries's adjusted earnings per share data for the three months ended in Mar. 2026 was MXN15.378. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN45.35 for the trailing ten years ended in Mar. 2026.

During the past 12 months, CCL Industries's average E10 Growth Rate was 9.10% per year. During the past 3 years, the average E10 Growth Rate was 11.30% per year. During the past 5 years, the average E10 Growth Rate was 14.40% per year. During the past 10 years, the average E10 Growth Rate was 17.50% 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 CCL Industries was 21.90% per year. The lowest was 3.80% per year. And the median was 14.75% per year.

As of today (2026-06-24), CCL Industries's current stock price is MXN1052.84. CCL Industries's E10 for the quarter that ended in Mar. 2026 was MXN45.35. CCL Industries's Shiller PE Ratio of today is 23.22.

During the past 13 years, the highest Shiller PE Ratio of CCL Industries was 74.47. The lowest was 18.38. And the median was 30.05.


CCL Industries  (MEX:CCLBN) 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.

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

Shiller PE Ratio=Share Price/E10
=1052.84/45.35
=23.22

* 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 CCL Industries was 74.47. The lowest was 18.38. And the median was 30.05.


Be Aware

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


CCL Industries E10 Related Terms


CCL Industries E10 Historical Data

* Premium members only.

The historical data trend for CCL Industries'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.

CCL Industries E10 Chart

CCL Industries 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 0.00 41.96 46.44 41.72 46.36

CCL Industries 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 46.14 42.05 43.01 46.36 45.35

MEX:CCLBN vs SW, PKG, AMCR: E10 Comparison

For the Packaging & Containers subindustry, CCL Industries'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.


CCL Industries Shiller PE Ratio vs Packaging & Containers Industry

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

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


MEX:CCLBN
77GF Score
CCL Industries Inc MEX:CCLBN
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CCL Industries 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, CCL Industries'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)
=15.378/132.2623*132.2623
=15.378

Current CPI (Mar. 2026) = 132.2623.

CCL Industries Quarterly Data

per share eps CPI Adj_EPS
201606 5.881 102.002 7.626
201609 7.080 101.765 9.202
201612 8.501 101.449 11.083
201703 6.892 102.634 8.882
201706 8.566 103.029 10.997
201709 8.720 103.345 11.160
201712 14.612 103.345 18.701
201803 9.271 105.004 11.678
201806 10.180 105.557 12.755
201809 9.041 105.636 11.320
201812 9.353 105.399 11.737
201903 10.010 106.979 12.376
201906 9.829 107.690 12.072
201909 10.586 107.611 13.011
201912 8.306 107.769 10.194
202003 11.758 107.927 14.409
202006 9.879 108.401 12.054
202009 14.360 108.164 17.559
202012 12.424 108.559 15.137
202103 13.173 110.298 15.796
202106 14.009 111.720 16.585
202109 13.631 112.905 15.968
202112 12.821 113.774 14.904
202203 13.054 117.646 14.676
202206 14.298 120.806 15.654
202209 13.873 120.648 15.209
202212 11.768 120.964 12.867
202303 12.251 122.702 13.206
202306 11.355 124.203 12.092
202309 12.101 125.230 12.780
202312 2.530 125.072 2.675
202403 13.119 126.258 13.743
202406 20.720 127.522 21.490
202409 15.553 127.285 16.161
202412 14.785 127.364 15.354
202503 16.673 129.181 17.071
202506 16.669 129.892 16.973
202509 15.912 130.287 16.153
202512 12.922 130.366 13.110
202603 15.378 132.262 15.378

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 MXN45.35 mean?
CCL Industries (MEX:CCLBN) has a E10 of MXN45.35 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on CCL Industries and its competitors.
Is CCL Industries' E10 too high?
CCL Industries' current E10 is MXN45.35. Overall, CCL Industries has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CCL Industries' E10 compare to SW and PKG?
CCL Industries' E10 of MXN45.35 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 CCL Industries and its competitors. CCL Industries's current E10 is MXN45.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CCL Industries stock overvalued right now?
Based on GuruFocus' analysis, CCL Industries (MEX:CCLBN) is currently considered Fairly Valued. The stock's GF Value™ is MXN1,018.30, compared to a current price of MXN1,052.84 — trading 3.4% above its estimated fair value. The current E10 is MXN45.35. CCL Industries' overall GF Score™ is 77/100 with 1 warning sign 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 CCL Industries (MEX:CCLBN), the current E10 is MXN45.35 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 CCL Industries (MEX:CCLBN) Overvalued in 2026?

Based on GuruFocus' analysis, CCL Industries stock appears to be overvalued. The current stock price of MXN1,052.84 is trading 3.4% above its estimated GF Value™ of MXN1,018.30. GuruFocus considers CCL Industries to be Fairly Valued.

Key valuation signals for MEX:CCLBN:

  • E10: MXN45.35
  • GF Value™: MXN1,018.30 vs. price of MXN1,052.84 (3.4% above fair value)
  • GF Score™: 77/100 with 1 warning sign

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


CCL Industries Business Description

Address 111 Gordon Baker Road, Suite 801, Toronto, ON, CAN, M2H 3R1
CCL Industries Inc manufactures and sells packaging and packaging-related products. The company operates through various segments, which include The CCL segment, which generates the majority of revenue, and sells pressure-sensitive and extruded film materials used for labels on consumer packaging, healthcare, automotive, and consumer durable products. The Avery segment sells software, labels, tags, dividers, badges, and specialty card products under the Avery brand. The Checkpoint segment includes the manufacturing and selling of technology-driven, inventory management and labeling solutions. Innovia segment manufactures specialty films. Its geographical segments include Canada; USA and Puerto Rico; Mexico, Brazil, Chile, and Argentina; Europe; and Asia, Australia, Africa, and New Zealand.
77GF Score

Get the complete analysis for MEX:CCLBN

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

MXN1,052.84
Price
MXN1,018.30
GF Value