Eisai Co (FRA:EIIA) Cyclically Adjusted Book per Share: €3.53 (As of Mar. 2026)

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FRA:EIIA Eisai Co Ltd FRA:EIIA
77 GF Score
Price €6.15
GF Value €7.28
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Eisai Co Cyclically Adjusted Book per Share?

Eisai Co FRA:EIIA +3.36% 77 Cyclically Adjusted Book per Share is €3.53 as of Mar. 2026. GuruFocus rates FRA:EIIA with a GF Score™ of 77/100 and a GF Value™ of €7.28 (Modestly Undervalued). The stock has 8 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.

Eisai Co's adjusted book value per share for the three months ended in Mar. 2026 was €4.346. 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 €3.53 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Eisai Co's average Cyclically Adjusted Book Growth Rate was 4.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.50% 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 Eisai Co was 7.70% per year. The lowest was 3.40% per year. And the median was 5.65% per year.

As of today (2026-08-09), Eisai Co's current stock price is €6.15. Eisai Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €3.53. Eisai Co's Cyclically Adjusted PB Ratio of today is 1.74.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Eisai Co was 6.28. The lowest was 1.34. And the median was 3.50.


Eisai Co  (FRA:EIIA) 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.

Eisai Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.15/3.53
=1.74

* 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 Eisai Co was 6.28. The lowest was 1.34. And the median was 3.50.


Be Aware

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


Eisai Co Cyclically Adjusted Book per Share Related Terms


Eisai Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Eisai Co'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.

Eisai Co Cyclically Adjusted Book per Share Chart

Eisai Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 3.80 3.59 3.85 3.53

Eisai Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.85 3.73 3.65 3.52 3.53

FRA:EIIA vs ZTS: Cyclically Adjusted Book per Share Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Eisai Co'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.


Eisai Co Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Eisai Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:EIIA
77GF Score
Eisai Co Ltd FRA:EIIA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eisai Co 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, Eisai Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=4.346/112.7000*112.7000
=4.346

Current CPI (Mar. 2026) = 112.7000.

Eisai Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.032 98.100 4.632
201609 4.192 98.000 4.821
201612 4.241 98.400 4.857
201703 4.230 98.100 4.860
201706 4.041 98.500 4.624
201709 3.922 98.800 4.474
201712 3.860 99.400 4.376
201803 3.964 99.200 4.503
201806 4.042 99.200 4.592
201809 4.200 99.900 4.738
201812 4.103 99.700 4.638
201903 4.365 99.700 4.934
201906 4.344 99.800 4.905
201909 4.492 100.100 5.057
201912 4.640 100.500 5.203
202003 4.972 100.300 5.587
202006 4.887 99.900 5.513
202009 4.757 99.900 5.367
202012 4.644 99.300 5.271
202103 4.728 99.900 5.334
202106 4.750 99.500 5.380
202109 4.914 100.100 5.533
202112 4.982 100.100 5.609
202203 5.000 101.100 5.574
202206 4.954 101.800 5.484
202209 5.090 103.100 5.564
202212 4.723 104.100 5.113
202303 4.873 104.400 5.260
202306 4.809 105.200 5.152
202309 4.760 106.200 5.051
202312 4.546 106.800 4.797
202403 4.687 107.200 4.927
202406 4.616 108.200 4.808
202409 4.581 108.900 4.741
202412 4.809 110.700 4.896
202503 4.631 111.100 4.698
202506 4.409 111.700 4.448
202509 4.366 112.000 4.393
202512 4.322 113.000 4.311
202603 4.346 112.700 4.346

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 €3.53 mean?
Eisai Co (FRA:EIIA) has a Cyclically Adjusted Book per Share of €3.53 as of Mar. 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 Eisai Co and its competitors.
Is Eisai Co's Cyclically Adjusted Book per Share too high?
Eisai Co's current Cyclically Adjusted Book per Share is €3.53. Overall, Eisai Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Eisai Co's Cyclically Adjusted Book per Share compare to ZTS?
Eisai Co's Cyclically Adjusted Book per Share of €3.53 can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Cyclically Adjusted Book per Share depends on the Drug Manufacturers 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 Eisai Co and its competitors. Eisai Co's current Cyclically Adjusted Book per Share is €3.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eisai Co stock overvalued right now?
Based on GuruFocus' analysis, Eisai Co (FRA:EIIA) is currently considered Modestly Undervalued. The stock's GF Value™ is €7.28, compared to a current price of €6.15 — trading 15.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is €3.53. Eisai Co's overall GF Score™ is 77/100 with 8 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 Eisai Co (FRA:EIIA), the current Cyclically Adjusted Book per Share is €3.53 as of Mar. 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 Eisai Co (FRA:EIIA) Overvalued in 2026?

Based on GuruFocus' analysis, Eisai Co stock appears to be undervalued. The current stock price of €6.15 is trading 15.5% below its estimated GF Value™ of €7.28. GuruFocus considers Eisai Co to be Modestly Undervalued.

Key valuation signals for FRA:EIIA:

  • Cyclically Adjusted Book per Share: €3.53
  • GF Value™: €7.28 vs. price of €6.15 (15.5% below fair value)
  • GF Score™: 77/100 with 8 warning signs

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


Eisai Co Business Description

Address 4-6-10 Koishikawa, Bunkyo-ku, Tokyo, JPN, 112-8088
Eisai Co Ltd is a specialty and generic drug manufacturing company. The company's business consists of research and development, manufacturing, sales, import, and export of pharmaceuticals. The pharmaceutical business is categorized by region, including East Asia & Global South; Europe, Middle East, Africa, Russia, Oceania (EMEA); Americas; China; and Japan. The company also reports a consumer healthcare business for Japan. The vast majority of the company's revenue is derived from its American pharmaceutical business, followed by its Japanese pharmaceuticals segment. The company utilizes licensing strategies in order to expand its research, development, manufacturing, and marketing capabilities.
77GF Score

Get the complete analysis for FRA:EIIA

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

€6.15
Price
€7.28
GF Value