Winpak (TSX:WPK) E10: C$2.92 (As of Mar. 2026)


TSX:WPK Winpak Ltd TSX:WPK
80 GF Score
Price C$42.86
GF Value C$46.36
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Winpak E10?

Winpak TSX:WPK 80 E10 is C$2.92 as of Mar. 2026. GuruFocus rates TSX:WPK with a GF Score™ of 80/100 and a GF Value™ of C$46.36 (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.

Winpak's adjusted earnings per share data for the three months ended in Mar. 2026 was C$0.727. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$2.92 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Winpak's average E10 Growth Rate was 3.50% per year. During the past 3 years, the average E10 Growth Rate was 7.50% per year. During the past 5 years, the average E10 Growth Rate was 9.20% per year. During the past 10 years, the average E10 Growth Rate was 11.10% 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 Winpak was 18.00% per year. The lowest was 7.00% per year. And the median was 10.10% per year.

As of today (2026-06-28), Winpak's current stock price is C$42.86. Winpak's E10 for the quarter that ended in Mar. 2026 was C$2.92. Winpak's Shiller PE Ratio of today is 14.68.

During the past 13 years, the highest Shiller PE Ratio of Winpak was 50.15. The lowest was 13.67. And the median was 21.08.


Winpak  (TSX:WPK) 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.

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

Shiller PE Ratio=Share Price/E10
=42.86/2.92
=14.68

* 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 Winpak was 50.15. The lowest was 13.67. And the median was 21.08.


Be Aware

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


Winpak E10 Related Terms


Winpak E10 Historical Data

* Premium members only.

The historical data trend for Winpak'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.

Winpak E10 Chart

Winpak 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 2.07 2.32 2.56 2.76 2.88

Winpak 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 2.82 2.84 2.87 2.88 2.92

TSX:WPK vs SW, PKG, AMCR: E10 Comparison

For the Packaging & Containers subindustry, Winpak'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.


Winpak Shiller PE Ratio vs Packaging & Containers Industry

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

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


TSX:WPK
80GF Score
Winpak Ltd TSX:WPK
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Winpak 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, Winpak'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)
=0.727/132.2623*132.2623
=0.727

Current CPI (Mar. 2026) = 132.2623.

Winpak Quarterly Data

per share eps CPI Adj_EPS
201606 0.503 102.002 0.652
201609 0.485 101.765 0.630
201612 0.587 101.449 0.765
201703 0.589 102.634 0.759
201706 0.532 103.029 0.683
201709 0.479 103.345 0.613
201712 0.779 103.345 0.997
201803 0.530 105.004 0.668
201806 0.564 105.557 0.707
201809 0.560 105.636 0.701
201812 0.551 105.399 0.691
201903 0.588 106.979 0.727
201906 0.638 107.690 0.784
201909 0.583 107.611 0.717
201912 0.540 107.769 0.663
202003 0.503 107.927 0.616
202006 0.610 108.401 0.744
202009 0.542 108.164 0.663
202012 0.538 108.559 0.655
202103 0.478 110.298 0.573
202106 0.538 111.720 0.637
202109 0.405 112.905 0.474
202112 0.589 113.774 0.685
202203 0.658 117.646 0.740
202206 0.666 120.806 0.729
202209 0.600 120.648 0.658
202212 0.652 120.964 0.713
202303 0.821 122.702 0.885
202306 0.824 124.203 0.877
202309 0.704 125.230 0.744
202312 0.724 125.072 0.766
202403 0.744 126.258 0.779
202406 0.836 127.522 0.867
202409 0.826 127.285 0.858
202412 0.826 127.364 0.858
202503 0.804 129.181 0.823
202506 0.670 129.892 0.682
202509 0.830 130.287 0.843
202512 0.828 130.366 0.840
202603 0.727 132.262 0.727

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 C$2.92 mean?
Winpak (TSX:WPK) has a E10 of C$2.92 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Winpak and its competitors.
Is Winpak's E10 too high?
Winpak's current E10 is C$2.92. Overall, Winpak has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Winpak's E10 compare to SW and PKG?
Winpak's E10 of C$2.92 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 Winpak and its competitors. Winpak's current E10 is C$2.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Winpak stock overvalued right now?
Based on GuruFocus' analysis, Winpak (TSX:WPK) is currently considered Fairly Valued. The stock's GF Value™ is C$46.36, compared to a current price of C$42.86 — trading 7.5% below its estimated fair value. The current E10 is C$2.92. Winpak's overall GF Score™ is 80/100 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 Winpak (TSX:WPK), the current E10 is C$2.92 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 Winpak (TSX:WPK) Overvalued in 2026?

Based on GuruFocus' analysis, Winpak stock appears to be undervalued. The current stock price of C$42.86 is trading 7.5% below its estimated GF Value™ of C$46.36. GuruFocus considers Winpak to be Fairly Valued.

Key valuation signals for TSX:WPK:

  • E10: C$2.92
  • GF Value™: C$46.36 vs. price of C$42.86 (7.5% below fair value)
  • GF Score™: 80/100 with 1 warning sign

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


Winpak Business Description

Other Exchanges WIPKF:USA25W:Germany
Address 100 Saulteaux Crescent, Corporate Office, Winnipeg, MB, CAN, R3J 3T3
Winpak Ltd manufactures and sells a variety of packaging materials and related packaging machines. The packaging materials are used for perishable foods, beverages, and healthcare applications. It operates in three segments: flexible packaging, rigid packaging & flexible lidding, and packaging machinery. The flexible packaging segment includes modified atmosphere packaging, specialty films, and biaxially oriented nylon product groups. The rigid packaging and flexible lidding segment includes rigid containers, lidding, and specialized printed packaging product groups. The packaging machinery segment includes horizontal fill/seal machines for preformed containers and vertical form/fill/seal machines for liquid, semi-liquid, and certain dry products.
80GF Score

Get the complete analysis for TSX:WPK

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

C$42.86
Price
C$46.36
GF Value