United Breweries Co (XSGO:CCU) E10: CLP464.65 (As of Mar. 2026)

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XSGO:CCU United Breweries Co Inc XSGO:CCU
76 GF Score
Price CLP5,206.70
GF Value CLP6,272.66
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is United Breweries Co E10?

United Breweries Co XSGO:CCU -0.62% 76 E10 is CLP464.65 as of Mar. 2026. GuruFocus rates XSGO:CCU with a GF Score™ of 76/100 and a GF Value™ of CLP6,272.66 (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 CLP145.750. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is CLP464.65 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 (2026-07-17), United Breweries Co's current stock price is CLP5206.70. United Breweries Co's E10 for the quarter that ended in Mar. 2026 was CLP464.65. United Breweries Co's Shiller PE Ratio of today is 11.21.

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 15.01.


United Breweries Co  (XSGO:CCU) 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
=5206.70/464.65
=11.21

* 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 15.01.


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 431.16 463.87 452.93 466.18 462.57

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 472.47 461.50 463.25 462.57 464.65

XSGO:CCU 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.


XSGO:CCU
76GF Score
United Breweries Co Inc XSGO:CCU
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)
=145.75/160.1900*160.1900
=145.750

Current CPI (Mar. 2026) = 160.1900.

United Breweries Co Quarterly Data

per share eps CPI Adj_EPS
201606 17.000 103.965 26.194
201609 32.900 104.521 50.423
201612 150.000 104.532 229.868
201703 126.100 105.752 191.013
201706 22.900 105.730 34.695
201709 51.700 106.035 78.104
201712 150.000 106.907 224.761
201803 153.600 107.670 228.525
201806 33.600 108.421 49.643
201809 52.500 109.369 76.895
201812 169.700 109.653 247.913
201903 131.300 110.339 190.621
201906 48.800 111.352 70.203
201909 23.300 111.821 33.379
201912 148.700 112.943 210.905
202003 87.200 114.468 122.030
202006 -8.800 114.283 -12.335
202009 32.830 115.275 45.622
202012 149.000 116.299 205.233
202103 174.240 117.770 237.001
202106 51.330 118.630 69.312
202109 114.120 121.431 150.546
202112 199.300 124.634 256.157
202203 174.680 128.850 217.166
202206 -28.300 133.448 -33.971
202209 46.620 138.101 54.077
202212 126.800 140.574 144.494
202303 157.960 143.145 176.769
202306 -10.670 143.538 -11.908
202309 25.710 145.172 28.370
202312 112.900 146.109 123.781
202403 141.280 148.551 152.350
202406 13.600 149.592 14.563
202409 79.970 151.212 84.718
202412 200.700 152.774 210.442
202503 156.370 155.783 160.794
202506 -30.400 155.754 -31.266
202509 41.940 157.870 42.556
202512 149.100 158.040 151.128
202603 145.750 160.190 145.750

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 CLP464.65 mean?
United Breweries Co (XSGO:CCU) has a E10 of CLP464.65 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 CLP464.65. Overall, United Breweries Co has a GF Score™ of 76/100 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 CLP464.65 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 CLP464.65. 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 (XSGO:CCU) is currently considered Modestly Undervalued. The stock's GF Value™ is CLP6,272.66, compared to a current price of CLP5,206.70 — trading 17% below its estimated fair value. The current E10 is CLP464.65. United Breweries Co's overall GF Score™ is 76/100 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 (XSGO:CCU), the current E10 is CLP464.65 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 (XSGO:CCU) Overvalued in 2026?

Based on GuruFocus' analysis, United Breweries Co stock appears to be undervalued. The current stock price of CLP5,206.70 is trading 17% below its estimated GF Value™ of CLP6,272.66. GuruFocus considers United Breweries Co to be Modestly Undervalued.

Key valuation signals for XSGO:CCU:

  • E10: CLP464.65
  • GF Value™: CLP6,272.66 vs. price of CLP5,206.70 (17% below fair value)
  • GF Score™: 76/100 with 5 warning signs

No single metric tells the full story. See the XSGO:CCU 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:Germany
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.
76GF Score

Get the complete analysis for XSGO:CCU

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

CLP5,206.70
Price
CLP6,272.66
GF Value