EVR (Evercore) Cyclically Adjusted Book per Share: $41.22 (As of Jun. 2026)

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.

EVR Evercore Inc EVR
83 GF Score
Price $264.73
GF Value $386.05
Valuation Significantly Undervalued
View Full Analysis

What is Evercore Cyclically Adjusted Book per Share?

Evercore EVR -1.59% 83 Cyclically Adjusted Book per Share is $41.22 as of Jun. 2026. GuruFocus rates EVR with a GF Score™ of 83/100 and a GF Value™ of $386.05 (Significantly Undervalued).

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.

Evercore's adjusted book value per share for the three months ended in Jun. 2026 was $56.646. 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 $41.22 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Evercore's average Cyclically Adjusted Book Growth Rate was 14.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.50% 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 Evercore was 14.40% per year. The lowest was -0.90% per year. And the median was 9.60% per year.

As of today (2026-09-22), Evercore's current stock price is $264.725. Evercore's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $41.22. Evercore's Cyclically Adjusted PB Ratio of today is 6.42.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Evercore was 12.10. The lowest was 2.26. And the median was 5.89.


Evercore  (NYSE:EVR) 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.

Evercore's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=264.725/41.217
=6.42

* 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 Evercore was 12.10. The lowest was 2.26. And the median was 5.89.


Be Aware

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


Evercore Cyclically Adjusted Book per Share Related Terms


Evercore Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Evercore'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.

Evercore Cyclically Adjusted Book per Share Chart

Evercore Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.61 31.53 34.92 38.37 42.97

Evercore 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 36.63 37.59 38.40 39.92 41.22

EVR vs JEF, SF, HUT: Cyclically Adjusted Book per Share Comparison

For the Capital Markets subindustry, Evercore'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.


Evercore Cyclically Adjusted PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Evercore's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


EVR
83GF Score
Evercore Inc EVR
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Evercore 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, Evercore'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)
=56.646/333.9520*333.9520
=56.646

Current CPI (Jun. 2026) = 333.9520.

Evercore Quarterly Data

Book Value per Share CPI Adj_Book
201609 17.994 241.428 24.890
201612 19.988 241.432 27.648
201703 19.055 243.801 26.101
201706 17.815 244.955 24.288
201709 18.862 246.819 25.521
201712 20.366 246.524 27.589
201803 18.908 249.554 25.303
201806 20.784 251.989 27.544
201809 22.053 252.439 29.174
201812 25.358 251.233 33.707
201903 24.495 254.202 32.180
201906 24.454 256.143 31.882
201909 25.441 256.759 33.090
201912 28.748 256.974 37.360
202003 25.604 258.115 33.127
202006 27.896 257.797 36.137
202009 29.725 260.280 38.139
202012 36.549 260.474 46.859
202103 34.869 264.877 43.962
202106 35.780 271.696 43.979
202109 38.691 274.310 47.103
202112 43.143 278.802 51.677
202203 39.136 287.504 45.459
202206 38.856 296.311 43.792
202209 40.886 296.808 46.003
202212 45.021 296.797 50.657
202303 40.923 301.836 45.277
202306 42.353 305.109 46.357
202309 43.928 307.789 47.662
202312 47.189 306.746 51.374
202403 42.796 312.332 45.758
202406 45.084 314.175 47.922
202409 46.787 315.301 49.555
202412 50.944 315.605 53.906
202503 45.313 319.799 47.318
202506 49.710 322.561 51.465
202509 54.091 324.800 55.615
202512 60.221 324.054 62.060
202603 54.002 330.213 54.613
202606 56.646 333.952 56.646

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 $41.22 mean?
Evercore (EVR) has a Cyclically Adjusted Book per Share of $41.22 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 Evercore and its competitors.
Is Evercore's Cyclically Adjusted Book per Share too high?
Evercore's current Cyclically Adjusted Book per Share is $41.22. Overall, Evercore has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Evercore's Cyclically Adjusted Book per Share compare to JEF and SF?
Evercore's Cyclically Adjusted Book per Share of $41.22 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Cyclically Adjusted Book per Share depends on the Capital Markets 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 Evercore and its competitors. Evercore's current Cyclically Adjusted Book per Share is $41.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evercore stock overvalued right now?
Based on GuruFocus' analysis, Evercore (EVR) is currently considered Significantly Undervalued. The stock's GF Value™ is $386.05, compared to a current price of $264.73 — trading 31.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is $41.22. Evercore's overall GF Score™ is 83/100. 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 Evercore (EVR), the current Cyclically Adjusted Book per Share is $41.22 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 Evercore (EVR) Overvalued in 2026?

Based on GuruFocus' analysis, Evercore stock appears to be undervalued. The current stock price of $264.73 is trading 31.4% below its estimated GF Value™ of $386.05. GuruFocus considers Evercore to be Significantly Undervalued.

Key valuation signals for EVR:

  • Cyclically Adjusted Book per Share: $41.22
  • GF Value™: $386.05 vs. price of $264.73 (31.4% below fair value)
  • GF Score™: 83/100

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


Evercore Business Description

Other Exchanges EVR:MexicoQGJ:Germany
Address 55 East 52nd Street, New York, NY, USA, 10055
Evercore is a leading independent investment banking advisory firm that generates most of its revenue through merger and acquisition and restructuring advisory services, with much smaller capital raising, equities trading, and investment management businesses. Founded in 1995, it has built a reputation for advising on some of the world's largest and most complex transactions. Evercore operates globally, with a strong presence in the US and Europe, serving corporations, financial sponsors, and government clients. Its business model emphasizes high-touch, conflict-free advice rather than balance sheet lending, allowing it to compete with larger bulge-bracket banks.
83GF Score

Get the complete analysis for EVR

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

$264.73
Price
$386.05
GF Value