def relabel(self, label=None, group=None, depth=0):
        """Clone object and apply new group and/or label.

        Applies relabeling to children up to the supplied depth.

        Args:
            label (str, optional): New label to apply to returned object
            group (str, optional): New group to apply to returned object
            depth (int, optional): Depth to which relabel will be applied
                If applied to container allows applying relabeling to
                contained objects up to the specified depth

        Returns:
            Returns relabelled object
        """
        new_data = self.data
        if (depth > 0) and getattr(self, '_deep_indexable', False):
            new_data = []
            for k, v in self.data.items():
                relabelled = v.relabel(group=group, label=label, depth=depth-1)
                new_data.append((k, relabelled))
        keywords = [('label', label), ('group', group)]
        kwargs = {k: v for k, v in keywords if v is not None}
        return self.clone(new_data, **kwargs)