United Breweries Co (STU:CVU) E10: €0.86 (As of Mar. 2026)


STU:CVU United Breweries Co Inc STU:CVU
77 GF Score
Price €9.60
GF Value €11.56
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is United Breweries Co E10?

United Breweries Co STU:CVU +1.05% 77 E10 is €0.86 as of Mar. 2026. GuruFocus rates STU:CVU with a GF Score™ of 77/100 and a GF Value™ of €11.56 (Modestly Undervalued). The stock has 5 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.

United Breweries Co's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.276. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.86 for the trailing ten years ended in Mar. 2026.

During the past 12 months, United Breweries Co's average E10 Growth Rate was -1.70% per year. During the past 3 years, the average E10 Growth Rate was -0.10% per year. During the past 5 years, the average E10 Growth Rate was 2.80% per year. During the past 10 years, the average E10 Growth Rate was 2.30% 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 United Breweries Co was 12.10% per year. The lowest was -0.40% per year. And the median was 4.55% per year.

As of today (2026-07-11), United Breweries Co's current stock price is €9.60. United Breweries Co's E10 for the quarter that ended in Mar. 2026 was €0.86. United Breweries Co's Shiller PE Ratio of today is 11.16.

During the past 13 years, the highest Shiller PE Ratio of United Breweries Co was 24.34. The lowest was 9.92. And the median was 15.04.


United Breweries Co  (STU:CVU) 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.

United Breweries Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=9.60/0.86
=11.16

* 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 United Breweries Co was 24.34. The lowest was 9.92. And the median was 15.04.


Be Aware

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


United Breweries Co E10 Related Terms


United Breweries Co E10 Historical Data

* Premium members only.

The historical data trend for United Breweries 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.

United Breweries Co E10 Chart

United Breweries 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 0.86 1.01 0.94 0.87 0.83

United Breweries 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 0.91 0.82 0.79 0.83 0.86

STU:CVU vs BUD, STZ, TAP: E10 Comparison

For the Beverages - Brewers subindustry, United Breweries 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.


United Breweries Co Shiller PE Ratio vs Beverages - Alcoholic Industry

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

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


STU:CVU
77GF Score
United Breweries Co Inc STU:CVU
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

United Breweries 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, United Breweries 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)
=0.276/160.1900*160.1900
=0.276

Current CPI (Mar. 2026) = 160.1900.

United Breweries Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.045 103.965 0.069
201609 0.088 104.521 0.135
201612 0.427 104.532 0.654
201703 0.356 105.752 0.539
201706 0.061 105.730 0.092
201709 0.139 106.035 0.210
201712 0.399 106.907 0.598
201803 0.412 107.670 0.613
201806 0.090 108.421 0.133
201809 0.132 109.369 0.193
201812 0.436 109.653 0.637
201903 0.347 110.339 0.504
201906 0.125 111.352 0.180
201909 0.059 111.821 0.085
201912 0.350 112.943 0.496
202003 0.188 114.468 0.263
202006 -0.020 114.283 -0.028
202009 0.072 115.275 0.100
202012 0.335 116.299 0.461
202103 0.403 117.770 0.548
202106 0.117 118.630 0.158
202109 0.247 121.431 0.326
202112 0.415 124.634 0.533
202203 0.397 128.850 0.494
202206 -0.062 133.448 -0.074
202209 0.102 138.101 0.118
202212 0.274 140.574 0.312
202303 0.365 143.145 0.408
202306 -0.025 143.538 -0.028
202309 0.054 145.172 0.060
202312 0.236 146.109 0.259
202403 0.268 148.551 0.289
202406 0.027 149.592 0.029
202409 0.156 151.212 0.165
202412 0.389 152.774 0.408
202503 0.310 155.783 0.319
202506 -0.056 155.754 -0.058
202509 0.074 157.870 0.075
202512 0.279 158.040 0.283
202603 0.276 160.190 0.276

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 €0.86 mean?
United Breweries Co (STU:CVU) has a E10 of €0.86 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on United Breweries Co and its competitors.
Is United Breweries Co's E10 too high?
United Breweries Co's current E10 is €0.86. Overall, United Breweries Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does United Breweries Co's E10 compare to BUD and STZ?
United Breweries Co's E10 of €0.86 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 United Breweries Co and its competitors. United Breweries Co's current E10 is €0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Breweries Co stock overvalued right now?
Based on GuruFocus' analysis, United Breweries Co (STU:CVU) is currently considered Modestly Undervalued. The stock's GF Value™ is €11.56, compared to a current price of €9.60 — trading 17% below its estimated fair value. The current E10 is €0.86. United Breweries Co's overall GF Score™ is 77/100 with 5 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 United Breweries Co (STU:CVU), the current E10 is €0.86 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 United Breweries Co (STU:CVU) Overvalued in 2026?

Based on GuruFocus' analysis, United Breweries Co stock appears to be undervalued. The current stock price of €9.60 is trading 17% below its estimated GF Value™ of €11.56. GuruFocus considers United Breweries Co to be Modestly Undervalued.

Key valuation signals for STU:CVU:

  • E10: €0.86
  • GF Value™: €11.56 vs. price of €9.60 (17% below fair value)
  • GF Score™: 77/100 with 5 warning signs

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


United Breweries Co Business Description

Other Exchanges CCU:USACVU:GermanyCCU:Chile
Address Avenida Vitacura N 2670, Twenty-Third Floor, Santiago, CHL
United Breweries Co Inc is a multi-category beverage company with operations in Chile, Argentina, Bolivia, Colombia, Paraguay and Uruguay. The company is a player in each one of the beverage categories in which it participates in Chile, including beer, soft drinks, mineral and bottled water, juice, wine, cider and pisco, among others. The Company has three operating segment with respect to its revenues in the geographic areas of commercial activity: Chile; International business and Wine. It generates maximum revenue from Chile.
77GF Score

Get the complete analysis for STU:CVU

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

€9.60
Price
€11.56
GF Value