CME Group (MEX:CME) E10: MXN180.37 (As of Mar. 2026)


MEX:CME CME Group Inc MEX:CME
88 GF Score
Price MXN4,588.00
GF Value MXN5,069.42
Valuation Fairly Valued
! 4 Warning Signs
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What is CME Group E10?

CME Group MEX:CME 88 E10 is MXN180.37 as of Mar. 2026. GuruFocus rates MEX:CME with a GF Score™ of 88/100 and a GF Value™ of MXN5,069.42 (Fairly Valued). 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.

CME Group's adjusted earnings per share data for the three months ended in Mar. 2026 was MXN57.344. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN180.37 for the trailing ten years ended in Mar. 2026.

During the past 12 months, CME Group's average E10 Growth Rate was 11.00% per year. During the past 3 years, the average E10 Growth Rate was 10.20% per year. During the past 5 years, the average E10 Growth Rate was 10.60% 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 CME Group was 14.50% per year. The lowest was 6.60% per year. And the median was 10.20% per year.

As of today (2026-06-26), CME Group's current stock price is MXN4588.00. CME Group's E10 for the quarter that ended in Mar. 2026 was MXN180.37. CME Group's Shiller PE Ratio of today is 25.44.

During the past 13 years, the highest Shiller PE Ratio of CME Group was 44.00. The lowest was 23.72. And the median was 32.52.


CME Group  (MEX:CME) 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.

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

Shiller PE Ratio=Share Price/E10
=4588.00/180.37
=25.44

* 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 CME Group was 44.00. The lowest was 23.72. And the median was 32.52.


Be Aware

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


CME Group E10 Related Terms


CME Group E10 Historical Data

* Premium members only.

The historical data trend for CME Group'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.

CME Group E10 Chart

CME Group 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 106.17 132.83 130.21 170.77 165.58

CME Group 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 172.67 164.63 158.51 165.58 180.37

MEX:CME vs ICE, MCO, SPGI: E10 Comparison

For the Financial Data & Stock Exchanges subindustry, CME Group'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.


CME Group Shiller PE Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, CME Group's Shiller PE Ratio distribution charts can be found below:

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


MEX:CME
88GF Score
CME Group Inc MEX:CME
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CME Group 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, CME Group'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)
=57.344/330.2130*330.2130
=57.344

Current CPI (Mar. 2026) = 330.2130.

CME Group Quarterly Data

per share eps CPI Adj_EPS
201606 17.569 241.018 24.071
201609 26.876 241.428 36.760
201612 22.679 241.432 31.019
201703 22.218 243.801 30.093
201706 22.053 244.955 29.729
201709 16.515 246.819 22.095
201712 169.489 246.524 227.026
201803 31.975 249.554 42.310
201806 32.618 251.989 42.743
201809 22.633 252.439 29.606
201812 21.402 251.233 28.130
201903 26.963 254.202 35.025
201906 27.469 256.143 35.412
201909 35.141 256.759 45.194
201912 24.707 256.974 31.749
202003 50.179 258.115 64.195
202006 32.315 257.797 41.392
202009 25.405 260.280 32.231
202012 23.473 260.474 29.758
202103 32.706 264.877 40.773
202106 28.267 271.696 34.355
202109 53.050 274.310 63.861
202112 35.079 278.802 41.548
202203 38.826 287.504 44.594
202206 36.615 296.311 40.804
202209 37.615 296.808 41.848
202212 34.118 296.797 37.959
202303 43.801 301.836 47.919
202306 36.688 305.109 39.707
202309 35.883 307.789 38.497
202312 38.022 306.746 40.931
202403 39.001 312.332 41.234
202406 44.335 314.175 46.598
202409 49.226 315.301 51.554
202412 50.054 315.605 52.371
202503 53.600 319.799 55.345
202506 52.910 322.561 54.165
202509 45.677 324.800 46.438
202512 58.338 324.054 59.447
202603 57.344 330.213 57.344

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 MXN180.37 mean?
CME Group (MEX:CME) has a E10 of MXN180.37 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on CME Group and its competitors.
Is CME Group's E10 too high?
CME Group's current E10 is MXN180.37. Overall, CME Group has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CME Group's E10 compare to ICE and MCO?
CME Group's E10 of MXN180.37 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good E10 depends on the Capital Markets 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 CME Group and its competitors. CME Group's current E10 is MXN180.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CME Group stock overvalued right now?
Based on GuruFocus' analysis, CME Group (MEX:CME) is currently considered Fairly Valued. The stock's GF Value™ is MXN5,069.42, compared to a current price of MXN4,588.00 — trading 9.5% below its estimated fair value. The current E10 is MXN180.37. CME Group's overall GF Score™ is 88/100 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 CME Group (MEX:CME), the current E10 is MXN180.37 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 CME Group (MEX:CME) Overvalued in 2026?

Based on GuruFocus' analysis, CME Group stock appears to be undervalued. The current stock price of MXN4,588.00 is trading 9.5% below its estimated GF Value™ of MXN5,069.42. GuruFocus considers CME Group to be Fairly Valued.

Key valuation signals for MEX:CME:

  • E10: MXN180.37
  • GF Value™: MXN5,069.42 vs. price of MXN4,588.00 (9.5% below fair value)
  • GF Score™: 88/100 with 4 warning signs

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


CME Group Business Description

Address 20 South Wacker Drive, Chicago, IL, USA, 60606
Based in Chicago, CME Group operates exchanges giving investors, suppliers, and businesses the ability to trade futures and derivatives based on interest rates, equity indexes, foreign currencies, energy, metals, and commodities. The Chicago Mercantile Exchange was founded in 1898 and in 2002 completed its IPO. Since then, CME Group has consolidated parts of the industry by merging with crosstown rival CBOT Holdings in 2007 before acquiring Nymex Holdings in 2008 and NEX in 2018. In addition, the company has a 27% stake in S&P Dow Jones Indexes, making the Chicago Mercantile Exchange the exclusive venue to trade and clear S&P futures contracts. Through CME's acquisition of NEX, it also expanded into cash foreign exchange, fixed-income trading, and collateral optimization.
88GF Score

Get the complete analysis for MEX:CME

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

MXN4,588.00
Price
MXN5,069.42
GF Value