In this paper, the multiplicative algorithm of two polynomials over finite field GF(($p^{m}$) is presented. Using the presented algorithm, the multiple-valued multiplier of the serial input-output modular structure by CCD is constructed. This multiple-valued multiplier on CCD is consisted of three operation units: the multiplicative operation unit, the modular operation unit, and the primitive irreducible polynomial operation unit. The multiplicative operation unit and the primitive irreducible operation unit are composed of the overflow gate, the inhibit gate and mod(p) adder on CCD. The modular operation unit is constructed by two mod(p) adders which are composed of the addition gate, overflow gate and the inhibit gate on CCD. The multiple-valued multiplier on CCD presented here, is simple and regular for wire routing and possesses the property of modularity. Also. it is expansible for the multiplication of two elements on finite field increasing the degree mand suitable for VLSI implementation.