Ecolab (MEX:ECL) Shiller PE Ratio: 56.58 (As of Aug. 29, 2026) — 12% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:ECL Ecolab Inc MEX:ECL
81 GF Score
Price MXN4,940.23
GF Value MXN4,772.94
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Ecolab Shiller PE Ratio?

Ecolab MEX:ECL 81 Shiller PE Ratio is 56.58 as of Aug. 29, 2026, which is 12% above its 10-year median of 50.38. GuruFocus rates MEX:ECL with a GF Score™ of 81/100 and a GF Value™ of MXN4,772.94 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,085 Chemicals companies, Ecolab ranks worse than 82.49% on this metric.

As of today (2026-08-29), Ecolab's current share price is MXN4940.23. Ecolab's E10 for the quarter that ended in Jun. 2026 was MXN87.32. Ecolab's Shiller PE Ratio for today is 56.58.

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

MEX:ECL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 34.03   Med: 50.38   Max: 70.28
Current: 55.66

During the past years, Ecolab's highest Shiller PE Ratio was 70.28. The lowest was 34.03. And the median was 50.38.

MEX:ECL's Shiller PE Ratio is ranked worse than
82.49% of 1085 companies
in the Chemicals industry
Industry Median: 22.25 vs MEX:ECL: 55.66

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.

Ecolab's adjusted earnings per share data for the three months ended in Jun. 2026 was MXN33.153. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is MXN87.32 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ecolab  (MEX:ECL) 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.


Ecolab Shiller PE Ratio Related Terms


Ecolab Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Ecolab'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.

Ecolab Shiller PE Ratio Chart

Ecolab 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 64.47 36.82 47.76 52.19 53.72

Ecolab 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 57.64 57.12 53.72 52.94 54.08

MEX:ECL vs SHW, APD, PPG: Shiller PE Ratio Comparison

For the Specialty Chemicals subindustry, Ecolab'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.


Ecolab Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ecolab's Shiller PE Ratio distribution charts can be found below:

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


MEX:ECL
81GF Score
Ecolab Inc MEX:ECL
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ecolab 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.

Ecolab's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4940.23/87.32
=56.58

* 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.

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

For example, Ecolab'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)
=33.153/333.9520*333.9520
=33.153

Current CPI (Jun. 2026) = 333.9520.

Ecolab Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 24.556 241.428 33.967
201612 25.565 241.432 35.362
201703 16.193 243.801 22.181
201706 18.076 244.955 24.643
201709 24.318 246.819 32.903
201712 37.904 246.524 51.346
201803 15.261 249.554 20.422
201806 23.579 251.989 31.248
201809 27.683 252.439 36.622
201812 26.507 251.233 35.234
201903 19.592 254.202 25.739
201906 24.203 256.143 31.555
201909 31.299 256.759 40.709
201912 27.724 256.974 36.029
202003 22.745 258.115 29.428
202006 -162.960 257.797 -211.100
202009 18.777 260.280 24.092
202012 20.688 260.474 26.524
202103 13.695 264.877 17.266
202106 21.498 271.696 26.424
202109 23.029 274.310 28.036
202112 21.335 278.802 25.555
202203 11.947 287.504 13.877
202206 21.727 296.311 24.487
202209 24.339 296.808 27.385
202212 18.131 296.797 20.401
202303 14.780 301.836 16.353
202306 19.715 305.109 21.579
202309 24.561 307.789 26.649
202312 23.934 306.746 26.057
202403 23.733 312.332 25.376
202406 31.327 314.175 33.299
202409 50.801 315.301 53.806
202412 34.620 315.605 36.633
202503 28.846 319.799 30.123
202506 34.646 322.561 35.869
202509 37.606 324.800 38.666
202512 35.651 324.054 36.740
202603 27.410 330.213 27.720
202606 33.153 333.952 33.153

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 56.58 mean?
Ecolab (MEX:ECL) has a Shiller PE Ratio of 56.58 as of Aug. 29, 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 Ecolab and its competitors. This is 12% above median its historical median of 50.38. Over the past decade, Ecolab's Shiller PE Ratio has ranged from 34.03 to 70.28. According to the industry distribution chart, Ecolab ranks #895 out of 1085 companies in the Chemicals industry, placing it in the top 82.5%.
Is Ecolab's Shiller PE Ratio too high?
Ecolab's current Shiller PE Ratio of 56.58 is 12% above median its 10-year median of 50.38. Over the past 10 years, this metric has ranged from a low of 34.03 to a high of 70.28. The Chemicals industry median Shiller PE Ratio is 22.25. Ecolab's value of 56.58 is 154.3% above this industry median. Based on the distribution chart, Ecolab ranks #895 out of 1085 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Ecolab has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ecolab's Shiller PE Ratio compare to SHW and APD?
According to the Chemicals industry distribution chart, Ecolab ranks #895 out of 1085 companies for Shiller PE Ratio. This places Ecolab in the lower half of its industry. The industry median Shiller PE Ratio is 22.25. Ecolab's value of 56.58 is 154.3% above this benchmark. Historically, Ecolab's own Shiller PE Ratio has ranged from 34.03 to 70.28 over the past decade. While the company's 10-year median is 50.38 vs. the industry median of 22.25, Ecolab has consistently been above 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 Chemicals company?
The median Shiller PE Ratio among Chemicals companies is 22.25, based on 1,085 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. Ecolab's current Shiller PE Ratio of 56.58 is 154.3% above 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 Ecolab and its competitors. For the Chemicals industry, the median Shiller PE Ratio is 22.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ecolab's current Shiller PE Ratio is 56.58, which is 12% above median its own 10-year median of 50.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ecolab stock overvalued right now?
Based on GuruFocus' analysis, Ecolab (MEX:ECL) is currently considered Fairly Valued. The stock's GF Value™ is MXN4,772.94, compared to a current price of MXN4,940.23 — trading 3.5% above its estimated fair value. The current Shiller PE Ratio is 56.58, which is 12% above median its 10-year median of 50.38 and 154.3% above the Chemicals industry median of 22.25. Ecolab's overall GF Score™ is 81/100 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 Ecolab (MEX:ECL), the current Shiller PE Ratio is 56.58 as of Aug. 29, 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 Ecolab (MEX:ECL) Overvalued in 2026?

Based on GuruFocus' analysis, Ecolab stock appears to be overvalued. The current stock price of MXN4,940.23 is trading 3.5% above its estimated GF Value™ of MXN4,772.94. GuruFocus considers Ecolab to be Fairly Valued.

Key valuation signals for MEX:ECL:

  • Shiller PE Ratio: 56.58 (12% above median its 10-year median of 50.38)
  • GF Value™: MXN4,772.94 vs. price of MXN4,940.23 (3.5% above fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 154.3% above the Chemicals median (#895 of 1085)

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


Ecolab Business Description

Address 1 Ecolab Place, Saint Paul, MN, USA, 55102
Ecolab produces and markets cleaning and sanitation products for the industrial manufacturing, data center, hospitality, healthcare, and life sciences markets. The firm is the global market share leader in this category with a wide array of products and services, including dish and laundry washing systems, pest control, and infection control products. Additionally, Ecolab sells customized water management and cooling solutions across its end markets. The company has a strong hold on the US market and is growing its presence abroad.
81GF Score

Get the complete analysis for MEX:ECL

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

MXN4,940.23
Price
MXN4,772.94
GF Value