DLX (Deluxe) Shiller PE Ratio: 14.23 (As of Sep. 12, 2026) — 32% Above Median

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DLX Deluxe Corp DLX
67 GF Score
Price $23.62
GF Value $18.86
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Deluxe Shiller PE Ratio?

Deluxe DLX -0.08% 67 Shiller PE Ratio is 14.23 as of Sep. 12, 2026, which is 32% above its 10-year median of 10.79. GuruFocus rates DLX with a GF Score™ of 67/100 and a GF Value™ of $18.86 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 356 Conglomerates companies, Deluxe ranks better than 61.24% on this metric.

As of today (2026-09-12), Deluxe's current share price is $23.62. Deluxe's E10 for the quarter that ended in Jun. 2026 was $1.66. Deluxe's Shiller PE Ratio for today is 14.23.

The historical rank and industry rank for Deluxe's Shiller PE Ratio or its related term are showing as below:

DLX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.12   Med: 10.79   Max: 22.08
Current: 14.27

During the past years, Deluxe's highest Shiller PE Ratio was 22.08. The lowest was 5.12. And the median was 10.79.

DLX's Shiller PE Ratio is ranked better than
61.24% of 356 companies
in the Conglomerates industry
Industry Median: 17.93 vs DLX: 14.27

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Deluxe's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.410. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.66 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deluxe  (NYSE:DLX) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Deluxe Shiller PE Ratio Related Terms


Deluxe Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Deluxe's Shiller PE Ratio 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.

Deluxe Shiller PE Ratio Chart

Deluxe Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.03 6.02 8.60 10.47 12.34

Deluxe Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE Ratio 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 7.91 9.95 12.34 15.67 14.43

DLX vs TTI, CODI, MATW: Shiller PE Ratio Comparison

For the Conglomerates subindustry, Deluxe'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.


Deluxe Shiller PE Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Deluxe's Shiller PE Ratio distribution charts can be found below:

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


DLX
67GF Score
Deluxe Corp DLX
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Deluxe Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Deluxe's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=23.62/1.66
=14.23

* 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.

Deluxe's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Deluxe'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)
=0.41/333.9520*333.9520
=0.410

Current CPI (Jun. 2026) = 333.9520.

Deluxe Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 1.190 241.428 1.646
201612 1.110 241.432 1.535
201703 1.160 243.801 1.589
201706 1.220 244.955 1.663
201709 0.590 246.819 0.798
201712 1.750 246.524 2.371
201803 1.310 249.554 1.753
201806 1.250 251.989 1.657
201809 -0.670 252.439 -0.886
201812 1.396 251.233 1.856
201903 0.930 254.202 1.222
201906 0.750 256.143 0.978
201909 -7.490 256.759 -9.742
201912 1.060 256.974 1.378
202003 -1.450 258.115 -1.876
202006 0.350 257.797 0.453
202009 0.700 260.280 0.898
202012 0.580 260.474 0.744
202103 0.570 264.877 0.719
202106 0.280 271.696 0.344
202109 0.280 274.310 0.341
202112 0.320 278.802 0.383
202203 0.220 287.504 0.256
202206 0.500 296.311 0.564
202209 0.340 296.808 0.383
202212 0.440 296.797 0.495
202303 0.060 301.836 0.066
202306 0.370 305.109 0.405
202309 -0.180 307.789 -0.195
202312 0.340 306.746 0.370
202403 0.240 312.332 0.257
202406 0.460 314.175 0.489
202409 0.200 315.301 0.212
202412 0.280 315.605 0.296
202503 0.310 319.799 0.324
202506 0.500 322.561 0.518
202509 0.740 324.800 0.761
202512 0.330 324.054 0.340
202603 0.770 330.213 0.779
202606 0.410 333.952 0.410

Add all the adjusted EPS together and divide 10 will get our 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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 14.23 mean?
Deluxe (DLX) has a Shiller PE Ratio of 14.23 as of Sep. 12, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Deluxe and its competitors. This is 32% above median its historical median of 10.79. Over the past decade, Deluxe's Shiller PE Ratio has ranged from 5.12 to 22.08. According to the industry distribution chart, Deluxe ranks #138 out of 356 companies in the Conglomerates industry, placing it in the top 38.8%.
Is Deluxe's Shiller PE Ratio too high?
Deluxe's current Shiller PE Ratio of 14.23 is 32% above median its 10-year median of 10.79. Over the past 10 years, this metric has ranged from a low of 5.12 to a high of 22.08. The Conglomerates industry median Shiller PE Ratio is 17.93. Deluxe's value of 14.23 is 20.6% below this industry median. Based on the distribution chart, Deluxe ranks #138 out of 356 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Deluxe has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Deluxe's Shiller PE Ratio compare to TTI and CODI?
According to the Conglomerates industry distribution chart, Deluxe ranks #138 out of 356 companies for Shiller PE Ratio. This puts Deluxe in the upper half of its industry. The industry median Shiller PE Ratio is 17.93. Deluxe's value of 14.23 is 20.6% below this benchmark. Historically, Deluxe's own Shiller PE Ratio has ranged from 5.12 to 22.08 over the past decade. While the company's 10-year median is 10.79 vs. the industry median of 17.93, Deluxe has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Conglomerates company?
The median Shiller PE Ratio among Conglomerates companies is 17.93, based on 356 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Deluxe's current Shiller PE Ratio of 14.23 is 20.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Deluxe and its competitors. For the Conglomerates industry, the median Shiller PE Ratio is 17.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deluxe's current Shiller PE Ratio is 14.23, which is 32% above median its own 10-year median of 10.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deluxe stock overvalued right now?
Based on GuruFocus' analysis, Deluxe (DLX) is currently considered Modestly Overvalued. The stock's GF Value™ is $18.86, compared to a current price of $23.62 — trading 25.2% above its estimated fair value. The current Shiller PE Ratio is 14.23, which is 32% above median its 10-year median of 10.79 and 20.6% below the Conglomerates industry median of 17.93. Deluxe's overall GF Score™ is 67/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Deluxe (DLX), the current Shiller PE Ratio is 14.23 as of Sep. 12, 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 Deluxe (DLX) Overvalued in 2026?

Based on GuruFocus' analysis, Deluxe stock appears to be overvalued. The current stock price of $23.62 is trading 25.2% above its estimated GF Value™ of $18.86. GuruFocus considers Deluxe to be Modestly Overvalued.

Key valuation signals for DLX:

  • Shiller PE Ratio: 14.23 (32% above median its 10-year median of 10.79)
  • GF Value™: $18.86 vs. price of $23.62 (25.2% above fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 20.6% below the Conglomerates median (#138 of 356)

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


Deluxe Business Description

Other Exchanges DL8:Germany
Address 801 S. Marquette Avenue, Minneapolis, MN, USA, 55402-2807
Deluxe Corp is principally a payments and data company. Its reportable segments are: Merchant Services, B2B Payments, Data Solutions, and Print. Maximum revenue is derived from its Print segment, which provides printed personal and business checks, business essentials, as well as branded promotional, print, apparel, and digital storefront solutions. The Merchant Services segment provides electronic credit and debit card authorization, payment systems, and processing services. The B2B segment offers treasury management solutions, integrated accounts payable disbursements, and fraud and security services, and the Data Solutions segment offers data, analytics, and marketing services, as well as financial institution profitability reporting and business incorporation services.
67GF Score

Get the complete analysis for DLX

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

$23.62
Price
$18.86
GF Value