CME Group (XBUL:MX4A) E10: лв8.36 (As of Jun. 2026)

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XBUL:MX4A CME Group Inc XBUL:MX4A
84 GF Score
Price лв189.34
GF Value лв196.10
! 3 Warning Signs
View Full Analysis

What is CME Group E10?

CME Group XBUL:MX4A 84 E10 is лв8.36 as of Jun. 2026. GuruFocus rates XBUL:MX4A with a GF Score™ of 84/100 and a GF Value™ of лв196.10. The stock has 3 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 Jun. 2026 was лв4.886. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is лв8.36 for the trailing ten years ended in Jun. 2026.

During the past 12 months, CME Group's average E10 Growth Rate was 10.90% 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 (2026-08-13), CME Group's current stock price is лв189.34. CME Group's E10 for the quarter that ended in Jun. 2026 was лв8.36. CME Group's Shiller PE Ratio of today is 22.65.

During the past 13 years, the highest Shiller PE Ratio of CME Group was 44.00. The lowest was 23.31. And the median was 32.52.


CME Group  (XBUL:MX4A) 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
=189.34/8.36
=22.65

* 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 23.31. 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 0.00 0.00 0.00 6.77 6.34

CME Group 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 6.04 6.28 6.34 6.08 8.36

XBUL:MX4A 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.


XBUL:MX4A
84GF Score
CME Group Inc XBUL:MX4A
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 Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=4.886/333.9520*333.9520
=4.886

Current CPI (Jun. 2026) = 333.9520.

CME Group Quarterly Data

per share eps CPI Adj_EPS
201609 2.358 241.428 3.262
201612 1.866 241.432 2.581
201703 2.002 243.801 2.742
201706 2.070 244.955 2.822
201709 1.544 246.819 2.089
201712 14.640 246.524 19.832
201803 2.986 249.554 3.996
201806 2.816 251.989 3.732
201809 2.053 252.439 2.716
201812 1.849 251.233 2.458
201903 2.358 254.202 3.098
201906 2.426 256.143 3.163
201909 3.020 256.759 3.928
201912 2.222 256.974 2.888
202003 3.630 258.115 4.697
202006 2.375 257.797 3.077
202009 1.951 260.280 2.503
202012 2.002 260.474 2.567
202103 2.714 264.877 3.422
202106 2.409 271.696 2.961
202109 4.377 274.310 5.329
202112 2.901 278.802 3.475
202203 3.308 287.504 3.842
202206 3.087 296.311 3.479
202209 3.172 296.808 3.569
202212 2.969 296.797 3.341
202303 4.122 301.836 4.561
202306 3.630 305.109 3.973
202309 3.495 307.789 3.792
202312 3.800 306.746 4.137
202403 3.986 312.332 4.262
202406 4.105 314.175 4.363
202409 4.241 315.301 4.492
202412 4.071 315.605 4.308
202503 4.444 319.799 4.641
202506 4.767 322.561 4.935
202509 4.224 324.800 4.343
202512 5.496 324.054 5.664
202603 5.394 330.213 5.455
202606 4.886 333.952 4.886

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 лв8.36 mean?
CME Group (XBUL:MX4A) has a E10 of лв8.36 as of Jun. 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 лв8.36. Overall, CME Group has a GF Score™ of 84/100, 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 лв8.36 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 лв8.36. 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?
CME Group (XBUL:MX4A) has a current E10 of лв8.36. The stock's GF Value™ is лв196.10, compared to a current price of лв189.34 — trading 3.4% below its estimated fair value. The current E10 is лв8.36. CME Group's overall GF Score™ is 84/100 with 3 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 (XBUL:MX4A), the current E10 is лв8.36 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 CME Group (XBUL:MX4A) Overvalued in 2026?

Based on GuruFocus' analysis, CME Group stock appears to be undervalued. The current stock price of лв189.34 is trading 3.4% below its estimated GF Value™ of лв196.10.

Key valuation signals for XBUL:MX4A:

  • E10: лв8.36
  • GF Value™: лв196.10 vs. price of лв189.34 (3.4% below fair value)
  • GF Score™: 84/100 with 3 warning signs

No single metric tells the full story. See the XBUL:MX4A 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.
84GF Score

Get the complete analysis for XBUL:MX4A

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

лв189.34
Price
лв196.10
GF Value