The Estee Lauder (BSP:ELCI34) Cyclically Adjusted Book per Share: R$78.84 (As of Jun. 2026)

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BSP:ELCI34 The Estee Lauder Companies Inc BSP:ELCI34
70 GF Score
Price R$20.70
GF Value R$19.73
Valuation Fairly Valued
! 5 Warning Signs
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What is The Estee Lauder Cyclically Adjusted Book per Share?

The Estee Lauder BSP:ELCI34 -1.80% 70 Cyclically Adjusted Book per Share is R$78.84 as of Jun. 2026. GuruFocus rates BSP:ELCI34 with a GF Score™ of 70/100 and a GF Value™ of R$19.73 (Fairly Valued). The stock has 5 warning signs investors should review.

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

The Estee Lauder's adjusted book value per share for the three months ended in Jun. 2026 was R$79.662. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is R$78.84 for the trailing ten years ended in Jun. 2026.

During the past 12 months, The Estee Lauder's average Cyclically Adjusted Book Growth Rate was 1.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.10% 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 Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of The Estee Lauder was 11.90% per year. The lowest was 2.80% per year. And the median was 9.90% per year.

As of today (2026-09-16), The Estee Lauder's current stock price is R$20.70. The Estee Lauder's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was R$78.84. The Estee Lauder's Cyclically Adjusted PB Ratio of today is 0.26.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of The Estee Lauder was 30.00. The lowest was 3.38. And the median was 15.25.


The Estee Lauder  (BSP:ELCI34) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

The Estee Lauder's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=20.70/78.844
=0.26

* 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 Cyclically Adjusted PB Ratio of The Estee Lauder was 30.00. The lowest was 3.38. And the median was 15.25.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


The Estee Lauder Cyclically Adjusted Book per Share Related Terms


The Estee Lauder Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for The Estee Lauder's Cyclically Adjusted Book per Share 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.

The Estee Lauder Cyclically Adjusted Book per Share Chart

The Estee Lauder Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.33 96.75 111.89 117.15 122.11

The Estee Lauder Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Book per Share 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 70.01 72.53 74.41 77.76 78.84

BSP:ELCI34 vs KVUE, KMB, CHD: Cyclically Adjusted Book per Share Comparison

For the Household & Personal Products subindustry, The Estee Lauder's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


The Estee Lauder Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Estee Lauder's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where The Estee Lauder's Cyclically Adjusted PB Ratio falls into.


BSP:ELCI34
70GF Score
The Estee Lauder Companies Inc BSP:ELCI34
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Estee Lauder Cyclically Adjusted Book per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

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, The Estee Lauder's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=79.662/333.9520*333.9520
=79.662

Current CPI (Jun. 2026) = 333.9520.

The Estee Lauder Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.479 241.428 6.196
201612 4.653 241.432 6.436
201703 4.890 243.801 6.698
201706 65.012 244.955 88.632
201709 5.566 246.819 7.531
201712 5.641 246.524 7.642
201803 5.851 249.554 7.830
201806 80.865 251.989 107.167
201809 6.656 252.439 8.805
201812 6.392 251.233 8.497
201903 6.832 254.202 8.975
201906 76.302 256.143 99.480
201909 7.081 256.759 9.210
201912 6.942 256.974 9.022
202003 8.381 258.115 10.843
202006 96.562 257.797 125.087
202009 9.296 260.280 11.927
202012 10.285 260.474 13.186
202103 11.268 264.877 14.206
202106 149.299 271.696 183.509
202109 163.109 274.310 198.573
202112 14.126 278.802 16.920
202203 12.021 287.504 13.963
202206 145.287 296.311 163.743
202209 147.787 296.808 166.282
202212 153.225 296.797 172.407
202303 146.448 301.836 162.030
202306 133.385 305.109 145.994
202309 132.897 307.789 144.194
202312 136.873 306.746 149.013
202403 141.436 312.332 151.226
202406 126.600 314.175 134.569
202409 118.604 315.301 125.620
202412 109.995 315.605 116.389
202503 106.258 319.799 110.961
202506 90.061 322.561 93.241
202509 88.224 324.800 90.710
202512 89.373 324.054 92.103
202603 84.320 330.213 85.275
202606 79.662 333.952 79.662

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of R$78.84 mean?
The Estee Lauder (BSP:ELCI34) has a Cyclically Adjusted Book per Share of R$78.84 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on The Estee Lauder and its competitors.
Is The Estee Lauder's Cyclically Adjusted Book per Share too high?
The Estee Lauder's current Cyclically Adjusted Book per Share is R$78.84. Overall, The Estee Lauder has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The Estee Lauder's Cyclically Adjusted Book per Share compare to KVUE and KMB?
The Estee Lauder's Cyclically Adjusted Book per Share of R$78.84 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Consumer Packaged Goods company?
A good Cyclically Adjusted Book per Share depends on the Consumer Packaged Goods industry context. However, Cyclically Adjusted Book per Share 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 Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on The Estee Lauder and its competitors. The Estee Lauder's current Cyclically Adjusted Book per Share is R$78.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Estee Lauder stock overvalued right now?
Based on GuruFocus' analysis, The Estee Lauder (BSP:ELCI34) is currently considered Fairly Valued. The stock's GF Value™ is R$19.73, compared to a current price of R$20.70 — trading 4.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is R$78.84. The Estee Lauder's overall GF Score™ is 70/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For The Estee Lauder (BSP:ELCI34), the current Cyclically Adjusted Book per Share is R$78.84 as of Jun. 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 The Estee Lauder (BSP:ELCI34) Overvalued in 2026?

Based on GuruFocus' analysis, The Estee Lauder stock appears to be overvalued. The current stock price of R$20.70 is trading 4.9% above its estimated GF Value™ of R$19.73. GuruFocus considers The Estee Lauder to be Fairly Valued.

Key valuation signals for BSP:ELCI34:

  • Cyclically Adjusted Book per Share: R$78.84
  • GF Value™: R$19.73 vs. price of R$20.70 (4.9% above fair value)
  • GF Score™: 70/100 with 5 warning signs

No single metric tells the full story. See the BSP:ELCI34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Estee Lauder Business Description

Address 767 Fifth Avenue, New York, NY, USA, 10153
Estée Lauder is a leader in the global prestige beauty market, participating across skin care (49% of fiscal 2025 sales), makeup (29%), fragrance (17%), and hair care and others (5%). Top-selling brands include Estée Lauder, Clinique, M.A.C, La Mer, Jo Malone London, Aveda, Bobbi Brown, and Origins. The firm operates in more than 150 countries, generating 31% of revenue from the Americas, 37% from Europe, the Middle East and Africa (including travel retail), and 32% from Asia-Pacific. Estée Lauder sells its products through department stores, travel retail, specialty multibrand beauty stores, brand-dedicated freestanding stores, e-commerce, salons/spas, and perfumeries.
70GF Score

Get the complete analysis for BSP:ELCI34

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$20.70
Price
R$19.73
GF Value